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Thread: 'Gang of Six' revives hope for big deal in stalled debt-ceiling talks

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    Re: 'Gang of Six' revives hope for big deal in stalled debt-ceiling talks

    Quote Originally Posted by Catawba View Post
    No, if you had read my post, and the source I provided you would know that Obama's deficit reduction framework was based on the Bowles-Simpson plan, not the other way around.
    Obama has a general plan with no specifics which means nothing

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    Re: 'Gang of Six' revives hope for big deal in stalled debt-ceiling talks

    Quote Originally Posted by Catawba View Post
    Yeah, its far from ideal from a progressive perspective, but it also has to get passed through Congress. I don't see how a more liberal plan could make it through at this time, do you?
    I don't see the democrats accepting the income tax cuts

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    Re: 'Gang of Six' revives hope for big deal in stalled debt-ceiling talks

    Correct me if I'm wrong, but don't bills have to originate in the house?

    If that's the case, doesn't it make sense that Obama wouldn't present an actual "Bill" but a framework of what he is likely to accept from congress?
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    Re: 'Gang of Six' revives hope for big deal in stalled debt-ceiling talks

    Quote Originally Posted by SlackMaster View Post
    Correct me if I'm wrong, but don't bills have to originate in the house?

    If that's the case, doesn't it make sense that Obama wouldn't present an actual "Bill" but a framework of what he is likely to accept from congress?
    Bingo! But no fair you are using reason and logic. Evidently, not everyone has that capacity.
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    Re: 'Gang of Six' revives hope for big deal in stalled debt-ceiling talks

    Quote Originally Posted by ptif219 View Post
    I don't see the democrats accepting the income tax cuts
    Democrats helped craft it and agreed to rate cuts in exchange for an elimination of many loopholes and deductions.

    Actually, as I work for a 501(c)(3), this could be damaging to my career since deductions for charitable donations will be decreased. But I'm willing to take a hit if it means keeping our economy from collapsing a second time.

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    Re: 'Gang of Six' revives hope for big deal in stalled debt-ceiling talks

    Quote Originally Posted by Catawba View Post
    Yeah, its far from ideal from a progressive perspective, but it also has to get passed through Congress. I don't see how a more liberal plan could make it through at this time, do you?
    Honestly no. But it is always good to bring it to the public attention..


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    Re: 'Gang of Six' revives hope for big deal in stalled debt-ceiling talks

    Quote Originally Posted by Catawba View Post
    Bingo! But no fair you are using reason and logic. Evidently, not everyone has that capacity.
    Yet we here nothing from Obama other than he will veto house GOP

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    Re: 'Gang of Six' revives hope for big deal in stalled debt-ceiling talks

    Quote Originally Posted by FilmFestGuy View Post
    Democrats helped craft it and agreed to rate cuts in exchange for an elimination of many loopholes and deductions.

    Actually, as I work for a 501(c)(3), this could be damaging to my career since deductions for charitable donations will be decreased. But I'm willing to take a hit if it means keeping our economy from collapsing a second time.
    Does not mean the democrats will pass it with those tax rates

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    Re: 'Gang of Six' revives hope for big deal in stalled debt-ceiling talks

    Quote Originally Posted by ptif219 View Post
    Yet we here nothing from Obama other than he will veto house GOP
    Don't read the news much huh?

    Obama Lauds 'Gang Of Six' Budget Plan

    "At the White House moments ago, President Obama threw his support behind the efforts of a bi-partisan group of senators known as the "Gang of Six" who are crafting their own budget-reduction plan that includes spending cuts and revenue increases.

    It is "broadly consistent with the approach that I've urged," Obama said.

    As for the negotiations he's been involved in with Republican leaders from Congress, the president said there has been "some progress" in recent days, but that "we're now in the 11th hour" before a deal needs to be reached in order to give lawmakers time to pass a package before the Aug. 2 deadline when the government's "debt ceiling" expires.

    It's time for Congressional leaders "to start talking turkey," Obama said."
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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    Re: 'Gang of Six' revives hope for big deal in stalled debt-ceiling talks

    Quote Originally Posted by Catawba View Post
    Don't read the news much huh?

    Obama Lauds 'Gang Of Six' Budget Plan

    "At the White House moments ago, President Obama threw his support behind the efforts of a bi-partisan group of senators known as the "Gang of Six" who are crafting their own budget-reduction plan that includes spending cuts and revenue increases.

    It is "broadly consistent with the approach that I've urged," Obama said.

    As for the negotiations he's been involved in with Republican leaders from Congress, the president said there has been "some progress" in recent days, but that "we're now in the 11th hour" before a deal needs to be reached in order to give lawmakers time to pass a package before the Aug. 2 deadline when the government's "debt ceiling" expires.

    It's time for Congressional leaders "to start talking turkey," Obama said."
    So Obama supports the income tax cuts?

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