CBO: We Don't Estimate "Speeches"

[AgeOfEnlightenmentSCP]

The Congressional Budget Office has confirmed what many of us already knew- Obama has not proposed a budget.

from this morning’s appearance by Congressional Budget Office director Doug Elmendorf, but in 27 seconds, a quick question-and-answer exchange between House Budget Committee Chair Paul Ryan (R-WI, and my Congressman) and Elmendorf outlined just how unserious President Barack Obama was in his April 13 speech purporting to reduce the level of deficit spending by $4 trillion over 12 years:

HBC Chairman Paul Ryan: “We got your re-analysis of the President’s budget. I won’t go back into that. But the President gave a speech on April 13th where he outlined a new budget framework that claims $4 trillion in deficit reduction over 12 years. Have you estimated the budget impact of this framework?”

CBO Director Doug Elmendorf: “No, Mr. Chairman. We don’t estimate speeches. We need much more specificity than was provided in that speech for us to do our analysis.”

[formerexpat]

Sounds like the healthcare fiasco all over again.

Pull numbers out of ass and then see how badly the public is f***ed after it's too late.

Obama's campaign for 2012 is going to be "at least we're not as bad as Europe".

[AgeOfEnlightenmentSCP]

I think Obama's campaign for 2012 is going to be more blame the Republicans. When he spoke about Afghanistan the other night and started talking about living within our means here at home, and more economic stimulus-- it was as if someone else had been President for the last two and a half years. Democrats have had Congress from January 2007 - January 2011, and the White House from January 2009 - Present. They still control the Senate. It's really amazing, but they're going to say the Republican House is blocking the recovery.

[floridayankee]

Jun 24, 2011 0:29:55 GMT -5 AgeOfEnlightenmentSCP said:

It's really amazing, but they're going to say the Republican House is blocking the recovery.

Going to say?
Topic: Are Repubs TRYING to delay the recovery?

[Mkitty is pro kitty]

Obama has not proposed a budget.

"The President's Budget for Fiscal Year 2012"
www.whitehouse.gov/omb/budget

"2011 Federal Budget"
www.onlineforextrading.com/articles/2011-federal-budget

"Obama Unveils $3.6 Trillion Budget, Sets Aside Billions for Health Care" "Published February 26, 2009"

|Read more: www.foxnews.com/politics/2009/02/26/obama-unveils-trillion-budget-sets-aside-billions-health-care#ixzz1QCapjWti

I think Obama's campaign for 2012 is

Better than just making up lies, eh? Just an FYI, I busted people for the same exact "Obama didn't propose a budget" lie concerning last year. Maybe Conservatives should find a new one to at least keep things interesting. That is, if they're not too busy repeating it to "make it true."

Obama has not proposed a budget.

We got your re-analysis of the President’s budget

Well, at least it was a couple of paragraphs before the contradiction came. It's actually an improvement over two consecutive sentences, so there's still hope.

outlined a new budget framework

So he "outlined a new budget framework," ergo he did not propose a budget?

[AgeOfEnlightenmentSCP]

mkitty- I'm through explaing stuff to you. Just watch the 30 second video clip over and over again until you understand the question and the answer.

[AgeOfEnlightenmentSCP]

www.nytimes.com/2011/04/14/us/politics/14obama.html

WASHINGTON — President Obama made the case Wednesday for slowing the rapid growth of the national debt while retaining core Democratic values, proposing a mix of long-term spending cuts, tax increases and changes to social welfare programs as his opening position in a fierce partisan budget battle over the nation’s fiscal challenges.

After spending months on the sidelines as Republicans laid out their plans, Mr. Obama jumped in to present an alternative and a philosophical rebuttal to the conservative approach that will reach the House floor on Friday. Republican leaders were working Wednesday to round up votes for that measure and one to finance the government for the rest of the fiscal year.

Mr. Obama said his proposal would cut federal budget deficits by a cumulative $4 trillion over 12 years, compared with a deficit reduction of $4.4 trillion over 10 years in the Republican plan. But the president said he would use starkly different means, rejecting the fundamental changes to Medicare and Medicaid proposed by Republicans and relying in part on tax increases on affluent Americans.

The president framed his proposal as a balanced alternative to the Republican plan, setting the stage for a debate that will consume Washington in coming weeks, as the administration faces off with Congress over raising the national debt ceiling, and into next year, as the president runs for re-election.

OK, now that sounded to me like a "proposal". The NY Times framed it as an "balanced alternative" to the Republican plan.

But there's just one problem with it. It's not a proposal at all. It's just a speech.

HBC Chairman Paul Ryan: “We got your re-analysis of the President’s budget. I won’t go back into that. But the President gave a speech on April 13th where he outlined a new budget framework that claims $4 trillion in deficit reduction over 12 years. Have you estimated the budget impact of this framework?”

CBO Director Doug Elmendorf: “No, Mr. Chairman. We don’t estimate speeches. We need much more specificity than was provided in that speech for us to do our analysis.”

[Mkitty is pro kitty]

mkitty- I'm through explaing stuff to you.

Aww, but I want to hear more silly, contradictory nonsense!

But there's just one problem with it. It's not a proposal at all. It's just a speech.

"The President's Budget for Fiscal Year 2012"
www.whitehouse.gov/omb/budget

Read that over and over until you understand. Whether he makes speeches, alternatives, proposals, plans, frameworks, lemon-aid, or whoopie, none of those cancel out the fact he made a budget. LOL, ever hear of revisions?

Here, let me play the Palmbeachpaul game:

"President Obama To Speak at CMU Friday, June 24"
pittsburghurbanmedia.com/New-Page/

"President Barack Obama will visit Carnegie Mellon next Friday to highlight the importance of manufacturing to the U.S. economy."

OK, now that sounded to me like a "visit."

But there's just one problem with it. It's not a proposal at all. It's just a visit. "Therefore Obama has not proposed a budget." Hyuk! Hyuk!

[privateinvestor]

Mkitty for President 2012.... FYI......can you & Rosie O'Donnell deal with it???


The breakdown of talks between the White House and congressional Republicans has intensified worries about the financial bomb known as the national debt. Without serious budget reforms, that bomb will almost certainly explode — with widespread collateral damage to the U.S. economy and the global financial system.

But no one can say for certain just when the bomb will go off. The fuse may be longer than many people assume.

More must-read stories



EPA Scenes from the 2011 Paris Air Show
The show features 140 aircraft and host more than 300,000 people during its run from June 20-26.
.
With new interest in aerodynamics, automakers play angles
Life Inc.: I'll marry you ... when you get a job
Cities caught in the middle of NFL-union fight
Life Inc.: Daily deals aren't always a good deal for businesses
.
.
Debt-reduction talks came grinding to a halt Thursday when Republicans pulled out, blaming Democrats for demanding tax increases rather than accepting cuts in federal services.

The clock is ticking. The Congressional Budget Office said this week that the national debt is on pace to equal the gross domestic product within a decade, and warned of a European-style crisis unless Congress moves to realign the budget.

“There comes a point when you have a reckoning,” said former New York Gov.



]As debt talks break down, clock ticks toward crisis

Day of reckoning is coming, but nobody can say when





www.msnbc.msn.com/id/43516656/ns/business-eye_on_the_economy

[privateinvestor]

As debt talks break down, clock ticks toward crisis

Day of reckoning is coming, but nobody can say when

Where's the leadership from the White House for this potential crisis??

[privateinvestor]

Ok let me try again Demi and be less obtuse or vague..

When our country is about to face a financial crisis isn't the President of the United States supposed to act to prevent said crisis??

Or am I asking too much from Obama....your call and go for it..

And didn't your boy Joe Biden just say a few days ago "we are making good progress with the 2011 Federal Budget" or was Old Joe just BSing again??? Your Call...

[floridayankee]

Jun 24, 2011 10:54:12 GMT -5 deminmaine said:

Where's the leadership from the Leaders in the House? The Republicans just walked out of the talks. Obama can lead, but the Republicans have to at least negotiate in good faith. The art of politics is compromise, and the Republican leadership is apparently lacking in talent.

Maybe they'll all flee to the conservative haven of Mississippi.

ETA: I do find it funny that after dems telling the repubs to basically sit down and shut up during the obamacare vote buying season, now they all want repubs to "at least negotiate in good faith".

[privateinvestor]

On second thought maybe it is best that Obama doesn't lead....Why? Because he is probably clueless on what to do...and is waiting to see which way the Political winds are blowing..??

[marshabar1]

Jun 24, 2011 10:54:12 GMT -5 deminmaine said:

Where's the leadership from the Leaders in the House? The Republicans just walked out of the talks. Obama can lead, but the Republicans have to at least negotiate in good faith. The art of politics is compromise, and the Republican leadership is apparently lacking in talent.

Sorry. I rarely resort to this. But. . .

Did you notice, Dem, the Dems had control of things before last November? Obama sort of leads from behind Pelosi and Reid, don't you think?

Obama is the Disclaimer in Chief.

Bow to the left, bow to the right,
Stand up, sit down,
Flight, flight, flight!!

[privateinvestor]

Obama can lead


Best joke so far today with all due respects..

[Deleted]

Jun 24, 2011 11:11:06 GMT -5 @marshabar1 said:

Jun 24, 2011 10:54:12 GMT -5 deminmaine said:

Where's the leadership from the Leaders in the House? The Republicans just walked out of the talks. Obama can lead, but the Republicans have to at least negotiate in good faith. The art of politics is compromise, and the Republican leadership is apparently lacking in talent.

Sorry. I rarely resort to this. But. . .

Did you notice, Dem, the Dems had control of things before last November? Obama sort of leads from behind Pelosi and Reid, don't you think?

Obama is the Disclaimer in Chief.

Bow to the left, bow to the right,
Stand up, sit down,
Flight, flight, flight!!

Could be, just maybe, the fact that Obama had no administrative experience until his first day of becoming POTUS. Favorite saying of mine "Experience gained is directly proportional to the amount of good things ruined" seems to apply.

[handyman2]

The CBO does not analize anything until it is put down in black and white with all numbers detailed and signed. To them anything else is just speculation.

[handyman2]

When Obama comes into the room and says he will accept nothing less than a debt limit increase and higher taxes what is left to negotiate? The Democrats even when in control of both houses would not support a tax increase. Obama threw down the Gauntlet not the Republicans.

[handyman2]

This message has been deleted.

[privateinvestor]

Jun 24, 2011 12:02:31 GMT -5 deminmaine said:

Did you notice, Dem, the Dems had control of things before last November?

I did, and did you notice that they passed a significant health care reform plan? One similar to what the Republicans themselves proposed n the early seventies? And one which they opposed now for reasons of political subterfuge?

I do find it funny that after dems telling the repubs to basically sit down and shut up during the obamacare vote buying season, now they all want repubs to "at least negotiate in good faith".

Read the above. Obama tried to work in good faith with the Republicans. Rather than go for a single payer type plan, he went with a blueprint which was essentially the same as a plan the Republicans themselves had proposed. They refused to play ball at all.

That is all yesterday's news Deminmaine we need to see what Obama will do or not do now since we could have another financial crisis in case you missed the news today...check it out

The impasse for the 2011 budget agreement is over taxes...the Repubs say NO and the Dems say Yes, I think??

[AgeOfEnlightenmentSCP]

Jun 24, 2011 12:06:37 GMT -5 handyman2 said:

When Obama comes into the room and says he will accept nothing less than a debt limit increase and higher taxes what is left to negotiate? The Democrats even when in control of both houses would not support a tax increase. Obama threw down the Gauntlet not the Republicans.

Exactly. It's the Democrats who are the obstructionists. If they can't get their precious tax increases on the job creators and achievers in this country, and continue to spend as they please- they're not going to play ball.

The party is over. No more tax increases, no more spending, no more gimmicks that involve massive tax increases NOW and spending cuts 200 years from now. Democrats are going to have to face reality, or be destroyed politically. They can only demagogue for so long before the people turn on them en masse. It's only the TEA Party now, but the anti-spending sentiment is building a pretty decent head of steam.

[frep]

Jun 24, 2011 12:02:31 GMT -5 deminmaine said:

Read the above. Obama tried to work in good faith with the Republicans. Rather than go for a single payer type plan, he went with a blueprint which was essencially the same as a plan the Republicans themselves had proposed. They refused to play ball at all.

I call hogwash on this. Dropping single payer wasn't some big compromise to please Republicans. The Republicans all voted against the healthcare plan that passed and they would have all voted against it if it was single payer. No difference.

He didn't compromise he just couldn't convince enough Dems to pass single payer. They could hardly convince bribe enough Dems to pass what they did. If he could have passed single payer he would have.

[privateinvestor]

Jun 27, 2011 11:15:13 GMT -5 frep said:

Jun 24, 2011 12:02:31 GMT -5 deminmaine said:

Read the above. Obama tried to work in good faith with the Republicans. Rather than go for a single payer type plan, he went with a blueprint which was essencially the same as a plan the Republicans themselves had proposed. They refused to play ball at all.

I call hogwash on this. Dropping single payer wasn't some big compromise to please Republicans. The Republicans all voted against the healthcare plan that passed and they would have all voted against it if it was single payer. No difference.

He didn't compromise he just couldn't convince enough Dems to pass single payer. They could hardly convince bribe enough Dems to pass what they did. If he could have passed single payer he would have.

What about all the Dems who voted against health care??

[frep]

Jun 27, 2011 11:20:01 GMT -5 @privateinvestor said:

Jun 27, 2011 11:15:13 GMT -5 frep said:

I call hogwash on this. Dropping single payer wasn't some big compromise to please Republicans. The Republicans all voted against the healthcare plan that passed and they would have all voted against it if it was single payer. No difference.

He didn't compromise he just couldn't convince enough Dems to pass single payer. They could hardly convince bribe enough Dems to pass what they did. If he could have passed single payer he would have.

What about all the Dems who voted against health care??

What about them? I'm just arguing that dropping single payer wasn't due to Obama trying to work with or compromise with Republicans. I'm saying he dropped it because he couldn't get enough votes in his own party to pass to it.

[AgeOfEnlightenmentSCP]

Jun 27, 2011 11:20:01 GMT -5 @privateinvestor said:

Jun 27, 2011 11:15:13 GMT -5 frep said:

I call hogwash on this. Dropping single payer wasn't some big compromise to please Republicans. The Republicans all voted against the healthcare plan that passed and they would have all voted against it if it was single payer. No difference.

He didn't compromise he just couldn't convince enough Dems to pass single payer. They could hardly convince bribe enough Dems to pass what they did. If he could have passed single payer he would have.

What about all the Dems who voted against health care??

Glad you brought that up. ObamaCare was foisted upon us by the far left. The opposition to it is robust, and bi-partisan. It got the Democrats slaughtered in November 2010, and it's going to be a big issue in 2012.

[AgeOfEnlightenmentSCP]

Jun 27, 2011 11:24:21 GMT -5 frep said:

Jun 27, 2011 11:20:01 GMT -5 @privateinvestor said:

What about all the Dems who voted against health care??

What about them? I'm just arguing that dropping single payer wasn't due to Obama trying to work with or compromise with Republicans. I'm saying he dropped it because he couldn't get enough votes in his own party to pass to it.

Correct.

[AgeOfEnlightenmentSCP]

Jun 24, 2011 10:41:27 GMT -5 Mkitty is pro kitty said:

mkitty- I'm through explaing stuff to you.

Aww, but I want to hear more silly, contradictory nonsense

I didn't say YOU couldn't still post. I just said ***I'm *** not responding.

[swamp]

Jun 24, 2011 10:54:12 GMT -5 deminmaine said:

The art of politics is compromise,

Wasn't one of the campaign promises of the tea party candidates that they would not negotiate?

Everyone seems to be forgetting this. They want everything their own way.

[AgeOfEnlightenmentSCP]

Compromise is a family deciding where to go for dinner. They're gonna end up at Sizzler and nobody's gonna like it. But nobody is gonna die. There's no negotiating on the budget because there's no room for error. We will attack the debt, or it will attack us. There's not a lot of middle ground and more and more people are starting to grasp this fact.

[hello fromWarsaw]

Most economists , the non bought off ones, disagree. It's all a huge crisis when Dems get in, no compromise is possible. Sounds like Nazis to me- Pubs want crisis and chaos. And Pubs have blocked EVERYTHING since Scott Brown, Dec. 2010- so this is theirs more than Obama's...a-**** ;D