Shock News!!!! —- To Leftards ….. The Balanced Budget Act Was A Republican Initiative!!!

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I see this garbage all the time …..

Robert Jensen · Top Commenter

Rep John Boehner, Rep Paul Ryan and Sen. Mitch McConnell were all in office during the Bush Adminstration when the GOP had control of the House, Senate and the White House. Inheritng a Clinton budget surplus, …..

That’s from the comment section at a HuffPo post.

What sort of delusional world do these lunatics live in?

To be sure, the wasteful spending during the Bush administration was horrid.  But, Clinton didn’t have a damned thing to do with the balance budget act other than be forced to sign the useless law. 

Balanced Budget Act of 1997

The Balanced Budget Act of 1997, (Pub.L. 105–33, 111 Stat. 251, enacted August 5, 1997), was an omnibus legislative package enacted by the United States Congress, using the budget reconciliation process, and designed to balance the federal budget by 2002.

According to the Congressional Budget Office, the act was to result in $160 billion in spending reductions between 1998 and 2002. After taking into account an increase in spending on Welfare and Children’s Healthcare, the savings totaled $127 billion. Medicare cuts were responsible for $112 billion, and hospital inpatient and outpatient payments covered $44 billion. [1] In order to reduce Medicare spending, the act reduced payments to health service providers such as hospitals, doctors, and nurse practitioners.[2]However, some of those changes to payments were reversed by subsequent legislation in 1999 and 2000.

105th United States Congress

The One Hundred Fifth United States Congress was a meeting of the legislative branch of the United States federal government, composed of the United States Senate and the United States House of Representatives. It met in Washington, DC from January 3, 1997 to January 3, 1999, during the fifth and sixth years of Bill Clinton‘s presidency. Apportionment of seats in the House of Representatives was based on the Twenty-first Census of the United States in 1990. Both chambers had a Republican majority.

What irks the heck out of me is that the assertion and implication that the balanced budget somehow having something to do with Bill Clinton goes on unchallenged with such assertions.

Now, there’s no excuse. 

Quite being a image

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7 Responses to Shock News!!!! —- To Leftards ….. The Balanced Budget Act Was A Republican Initiative!!!

  1. DirkH says:

    Hey it needs to be reported lest people stop believing it.

  2. philjourdan says:

    There was no clinton surplus. Whenever the idiots bring that up, I send them to the whitehouse dot gov web site that shows there was never a surplus. They do not understand the difference between a “budget” and actual expenditures. Probably because there has not been a budget in over 8 years now.

  3. DirkH says:

    EU becomes Bizarroworld: Savers “get” negative interest rates, mortgage holders “pay” negative interest rate.
    http://www.zerohedge.com/news/2015-01-30/denmark-you-are-now-paid-take-out-mortgage
    “That all this will end in blood and a lot of tears is clear to anyone but the most tenured economists, however in the meantime, we can’t wait to take advantage of the humorous opportunities that Europe (and soon Japan and the US) will provide in the coming months, as spending profligacy will be directly subsidized and funded by the insolvent monetary system, while responsible behavior and well-paid labor will be punished, first with negative rates and soon thereafter: with threats, both theoretical and practical, of bodily harm. “

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