More fiscal responsibility from the Obama administration

WASHINGTON - President Barack Obama's first budget will seek $634 billion over 10 years as a down payment on health care reform — a little more than half what it may ultimately cost to provide every American with medical coverage.

jpete wrote:At least if we get national healthcare, I won't have to pay for my Zantac anymore!

Devil505 wrote:

jpete wrote:At least if we get national healthcare, I won't have to pay for my Zantac anymore!

Xanax?
Viagra?


Which ones do you take again???

jpete wrote:I'm not old enough to need Viagra yet. How old did you say you were?

jpete wrote:I can assure you though, if there is any pill I want/need, I'll either pay for it, or go without. I don't need the government to tell me what I can and can't have.

jpete wrote:.
Tell me again how more deficit spending helps us?

Maybe I will need President Robin Hood to take care of me after all.

Maybe I will need President Robin Hood to take care of me after all.

Poconoeagle wrote:You cannot legislate the poor into freedom by legislating the
wealthy out of freedom.

Poconoeagle wrote:The government
cannot give to anybody anything that the government does not first
take from somebody else

SCHIEFFER: All right. Let's go to another topic. It's related. So if you have other things you want to say, you can get back to that.

This question goes to you first, Senator Obama.

We found out yesterday that this year's deficit will reach an astounding record high $455 billion. Some experts say it could go to $1 trillion next year.

Both of you have said you want to reduce the deficit, but the nonpartisan Committee for a Responsible Federal Budget ran the numbers on both of your proposals and they say the cost of your proposals, even with the savings you claim can be made, each will add more than $200 billion to the deficit.

Aren't you both ignoring reality? Won't some of the programs you are proposing have to be trimmed, postponed, even eliminated?

Give us some specifics on what you're going to cut back.

Senator Obama?

OBAMA: Well, first of all, I think it's important for the American public to understand that the $750 billion rescue package, if it's structured properly, and, as president, I will make sure it's structured properly, means that ultimately taxpayers get their money back, and that's important to understand.

But there is no doubt that we've been living beyond our means and we're going to have to make some adjustments.

Now, what I've done throughout this campaign is to propose a net spending cut. I haven't made a promise about...

SCHIEFFER: But you're going to have to cut some of these programs, certainly.

OBAMA: Absolutely. So let me get to that. What I want to emphasize, though, is that I have been a strong proponent of pay-as- you-go. Every dollar that I've proposed, I've proposed an additional cut so that it matches.