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Thread: Boehner abandons goal of $4 trillion debt-reduction package

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    Re: Boehner abandons goal of $4 trillion debt-reduction package

    Quote Originally Posted by donsutherland1 View Post
    For this deal, very little can be expected on the tax side. A provision to eliminate ethanol subsidies might be feasible. But the Americans for Tax Reform pledge is too stringent to provide leeway. Under its formula any closure of loopholes/elimination of deductions, etc. must be completely offset e.g., via lower rates so that the overall expected revenue would not change.

    Ultimately, in a longer-term fiscal consolidation strategy, some tax revenue increases will be needed. The real battle over that will probably kick off around the time near the expiration of the 2001/2003 tax reductions.
    Thank you, sir. I'm going to go cry now.

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    Re: Boehner abandons goal of $4 trillion debt-reduction package

    Quote Originally Posted by ZIRP4EVA View Post
    That doesn't suggest no entitlement reform at all, as you had said.

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    Re: Boehner abandons goal of $4 trillion debt-reduction package

    June 12 Daily News Editorial

    Following are then Sen. Barack Obama’s 2006 comments about raising the debt ceiling. Speaking as the junior senator from Illinois, Obama said,

    “The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies.

    “Increasing America’s debt weakens us domestically and internationally. Leadership means that ‘the buck stops here’. Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better.”

    Now it’s 2011 and President Obama wants the debt ceiling raised above its current level of $14.3 trillion.

    Are Americans getting the government they deserve?

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    Re: Boehner abandons goal of $4 trillion debt-reduction package

    Quote Originally Posted by Councilman View Post
    All of the Tea Party influence is in perception and people give them more credit than they are due.

    Do they have something to add to the mix?

    Yes but until they are better organized and become a real political party they are no more important than a local PTA.
    That's putting waaay too mildly.

    The tea party is not a distinct political party, for all practical purposes. It's merely a front manufactured to create the illusion of a separate anti-establishment movement to people who are actually naive enough to fall for it (i. e. disenfranchised Right Wingers). The pols claiming to support tea party causes are just lying; they're merely the same stale, pro-establishment bimbos (i. e. bachman, plain) that have made up the GOP all along.

    Anyone who believes the tea party actually stands for economic freedom, small government, debt reduction, etc. is 100% delusional. End of story.

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    Re: Boehner abandons goal of $4 trillion debt-reduction package

    Quote Originally Posted by solletica View Post

    The tea party is not a distinct political party, for all practical purposes.
    Did someone really claim the Tea Party was a distinct political party? Can you name the person who made that statement?


    It's merely a front manufactured to create the illusion of a separate anti-establishment movement to people who are actually naive enough to fall for it (i. e. disenfranchised Right Wingers). The pols claiming to support tea party causes are just lying; they're merely the same stale, pro-establishment bimbos (i. e. bachman, plain) that have made up the GOP all along.
    Bachman and "Plain" are "bimbos"?

    They're doing alright for bimbos. How you doin'?
    Anyone who believes the tea party actually stands for economic freedom, small government, debt reduction, etc. is 100% delusional. End of story.
    So what do you feel they stand for?

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    Re: Boehner abandons goal of $4 trillion debt-reduction package

    Didn't the Obama plan (if you could call it a plan, more like a passing thought read from a random teleprompter) include tax increases?
    TEA PARTY wants no tax increase, less spending and limited govt.
    Quote Originally Posted by Swizz View Post
    I think the biggest news here is going sort of unnoticed: Obama favored a debt reduction package bigger than what Boehner wants. Where is the tea party outrage at the guy they just put in charge?

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    Re: Boehner abandons goal of $4 trillion debt-reduction package

    Quote Originally Posted by Grant View Post
    Did someone really claim the Tea Party was a distinct political party? Can you name the person who made that statement?
    The supporters of it evidently think so.

    Quote Originally Posted by Grant View Post
    Bachman and "Plain" are "bimbos"?
    Yes

    Quote Originally Posted by Grant View Post
    They're doing alright for bimbos. How you doin'?
    I'm not White, so I can't prostitute myself to the (racist) Right. However, I thing I could be good masturbation material.

    Quote Originally Posted by Grant View Post
    So what do you feel they stand for?

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    Re: Boehner abandons goal of $4 trillion debt-reduction package

    [QUOTE]
    Quote Originally Posted by solletica View Post
    The supporters of it evidently think so.
    Well if it is that evident then you should have no trouble in pointing out exactly who made the claim.

    I'm not White, so I can't prostitute myself to the (racist) Right. However, I thing I could be good masturbation material.
    You're a credit to your race!

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    Re: Boehner abandons goal of $4 trillion debt-reduction package

    Neither the dems nor repubs have the votes to do this on their own. Compromise is required. For the repubs to fail to do that is crazy on their part, the public in general will blame them. Simpson / Bolls had it right, you have to do everything to solve a problem as big as our deficit. Cut SS, Medicare, Medicaid, Defense, Discretionary, and raise taxes (or at least close ill-advised tax loopholes we don't need).

    We need a big deal, and now is the time.

    For Boehner to back off shows the repubs have small minds and small balls. Obama is showing the leadership, talking about a 4 trillion dollar reduction (although it is disappointing we don't have any idea YET how those cuts will affect us). 4 trillion is a good start.

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    Re: Boehner abandons goal of $4 trillion debt-reduction package

    Quote Originally Posted by Grant View Post
    June 12 Daily News Editorial

    Following are then Sen. Barack Obama’s 2006 comments about raising the debt ceiling. Speaking as the junior senator from Illinois, Obama said,

    “The fact that we are here today to debate raising America’s debt limit is a sign of leadership failure. It is a sign that the U.S. Government can’t pay its own bills. It is a sign that we now depend on ongoing financial assistance from foreign countries to finance our Government’s reckless fiscal policies.

    “Increasing America’s debt weakens us domestically and internationally. Leadership means that ‘the buck stops here’. Instead, Washington is shifting the burden of bad choices today onto the backs of our children and grandchildren. America has a debt problem and a failure of leadership. Americans deserve better.”

    Now it’s 2011 and President Obama wants the debt ceiling raised above its current level of $14.3 trillion.

    Are Americans getting the government they deserve?
    When Republicans are in charge, Democrats oppose debt ceiling increases and Republicans say it's necessary.

    When Democrats are in charge, Republicans oppose debt ceiling increases and Democrats say it's necessary.

    Obama isn't substantially different from any other president we've seen in the last 30 years.
    Quote Originally Posted by Bucky View Post
    We have no reason not to believe him. [North Korean Dictator and Mass Murder Kim Jong-Un] has been very honest and accommodating.

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