Aug 8th 2011, 23:09:05
I absolutely believe he's requested spending increases. I'm just questioning the numbers CK's throwing around, as he continually refuses to provide any sort of reference for them.
Well, that and an administration putting together an actual budget that spans 10 years is not likely - fiscal plans, planned spending summaries, budget forecasts, sure...but I'm not aware of an actual budget spanning that far into the future - and even if it did, it would probably be modified over time as any budget made now would have to assume no legislative/tax/revenue change over the span of its intended use.
Also - I've been told that the 3.8 trillion doesn't give credit for the 780 billion that has since been paid back from bailout funds. Actual spending is closer to 3.2, as I understand it. I'm no economist/accountant though, so I won't claim to know if that's accurate or not.
Well, that and an administration putting together an actual budget that spans 10 years is not likely - fiscal plans, planned spending summaries, budget forecasts, sure...but I'm not aware of an actual budget spanning that far into the future - and even if it did, it would probably be modified over time as any budget made now would have to assume no legislative/tax/revenue change over the span of its intended use.
Also - I've been told that the 3.8 trillion doesn't give credit for the 780 billion that has since been paid back from bailout funds. Actual spending is closer to 3.2, as I understand it. I'm no economist/accountant though, so I won't claim to know if that's accurate or not.
