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Thread: Debt ceiling cost to taxpayers: $1.7 billion

  1. #221
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    Re: Debt ceiling cost to taxpayers: $1.7 billion

    Quote Originally Posted by AdamT View Post
    The republicans were once again holding a gun to the country's head.
    he had sixty senators for a year

    but, you're right, it's not his fault

    they made me do it

    LOL!

    leadership, anyone?

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    Re: Debt ceiling cost to taxpayers: $1.7 billion

    Quote Originally Posted by The Prof View Post
    he had sixty senators for a year

    but, you're right, it's not his fault

    they made me do it

    LOL!

    leadership, anyone?
    Right, he had 60 senators for a year. So what? In order to accomplish anything he has to have 100% cooperation from Democrats? For everything? Unfortunately Dems tend not to be as lemming-like as this new breed of republicans.

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    Re: Debt ceiling cost to taxpayers: $1.7 billion

    Quote Originally Posted by AdamT View Post
    Unfortunately Dems tend not to be as lemming-like
    apparently

    after all, FORTY FOUR of em did vote FOR extending the bush/obama/clinton/boehner/mcconnell tax cuts for the RICH

    LOL!

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    Re: Debt ceiling cost to taxpayers: $1.7 billion

    Quote Originally Posted by winston53660 View Post
    And he can't take a bath or shower... double epic fail

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    Re: Debt ceiling cost to taxpayers: $1.7 billion

    Quote Originally Posted by The Prof View Post
    apparently

    after all, FORTY FOUR of em did vote FOR extending the bush/obama/clinton/boehner/mcconnell tax cuts for the RICH

    LOL!
    Yes, Obama and the Dems supported that deal in order to avoid seeing the Republicans throw millions of unemployed into the street, and also to avoid the expiration of all the Bush tax cuts while the economy was still struggling. That gun-to-the-head thing, you know.

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    Re: Debt ceiling cost to taxpayers: $1.7 billion

    Quote Originally Posted by AdamT View Post
    to avoid the expiration of all the Bush tax cuts while the economy was still struggling
    GDP 1.3% in second quarter, first quarter revised down to .4% - Economic Report - MarketWatch

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    Re: Debt ceiling cost to taxpayers: $1.7 billion


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    Re: Debt ceiling cost to taxpayers: $1.7 billion

    Quote Originally Posted by AdamT View Post
    Right, he had 60 senators for a year. So what? In order to accomplish anything he has to have 100% cooperation from Democrats? For everything? Unfortunately Dems tend not to be as lemming-like as this new breed of republicans.
    Actually he didn't have 60 Senators for a year. Think Coleman's desperate lawsuit challenging Franken's victory so that Franken was denied his seat for over eight months. Ted Kennedy's illness that wouldn't allow him to cast a vote and his subsequent death and the time it took to name his replacement. The dems had 60 votes from late September till January, with Congress mostly on vacation during the seasonal holidays the 'supermajority' was basically useless.
    “We just simply don’t know how to govern” - Rep. Steve Womack (R-AR) a member of the House Budget Committee

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    Re: Debt ceiling cost to taxpayers: $1.7 billion

    Quote Originally Posted by Zyphlin View Post
    The congress and debt, that's a different story. Save for the 4 years at the start of my sample (77-80), whenever we have a Split or Democratic controlled congress the Debt has relatively maintained or risen. Every time we've had Republican Control (outside of 2002) we've either relatively maintained or lowered itself.
    As for the OP, CNN revised the 1.7 Billion down to 18 Million.

    Now, per your quote above, this may be of some interest.

    Presidents with control of the White House and both houses of congress (all 3 branches for at least 2 years or more of their term) from 1940 to present.

    FDR=D…..Truman=D…..JFK=D…..LBJ=D…..Carter=D…..Clin ton=D…..Bush II=R…..Obama=D Notice BushII the only Republican in that class.

    Republican President===54 Debt Ceiling Changes
    Democratic President===37 Debt Ceiling Changes

    Republican Senate====22 Debt Ceiling Changes
    Democratic Senate ====69 Debt Ceiling Changes

    Republican House ====9 Debt Ceiling Changes
    Democratic House====82 Debt Ceiling Changes

    Over the last 71 years, Republican presidents have signed 54 changes to the nation's debt ceiling into law, while Democratic presidents have signed 37 changes into law.

    Here is a breakdown by president: Dems in office 7 times to Repubs 6 times since 1940.

    Pres. | Political Party=D/R | # debt limit increased | Congressional Majority

    Franklin D. Roosevelt, D, 6--Democrat majority in both congressional houses
    Harry Truman, D, 1--Democrat majority in both congressional houses
    Dwight Eisenhower, R, 7--1953/54 Senate=R--House=D 1955/60 saw Democrat majority in both houses
    John F. Kennedy, D, 4--Democrat majority in both congressional houses
    Lyndon B. Johnson, D, 7--Democrat majority in both congressional houses
    Richard Nixon, R, 8--Democrat majority in both congressional houses
    Gerald Ford, R, 5--Democrat majority in both congressional houses
    Jimmy Carter, D, 9--Democrat majority in both congressional houses
    Ronald Reagan, R, 18--1981 thru 1986--R majority in Senate and D majority in the House. 1987 thru 88--Democrat majority in both congressional houses
    George H.W. Bush, R, 9--Democrat majority in both congressional houses
    Bill Clinton, D, 6--1993/94--Democrat majority in both congressional houses 95-thru-2000--Republican majority in both congressional houses.
    George W. Bush, R, 7--01/02--D majority in Senate…R majority in House. 03-thru-06 Republican majority in both congressional houses. 07/08--Democrat majority in both congressional houses.
    Barack Obama, D, 4----08/2010--Democrat majority in both congressional houses. 2010 to present--R majority in House…D majority in Senate.

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    Re: Debt ceiling cost to taxpayers: $1.7 billion

    Quote Originally Posted by AdamT View Post
    You've got to be joking, right? The Republican position in this "democratic" process was that we, the minority, must get 100% of what we want and you, the majority, must get 0% of what YOU want or we are going to destroy the fu**ing economy!

    Hey look, even more deficit reduction from those teabagger deficit hawks!

    "WASHINGTON -- The congressional standoff that has partially shut down the Federal Aviation Administration has some curious math.

    Lawmakers risk losing more than $1 billion in revenue from uncollected airline ticket taxes in a quarrel between Senate Democrats and House Republicans who are demanding a $16.5 million cut in rural air service subsidies.

    The shutdown is less than two weeks old and already the government has lost more than $250 million in revenue because airlines' authority to collect ticket taxes has expired. The entire annual budget of the rural air services program is about $200 million."

    Ah, but conservatives would tell us that those taxes are just passed on to consumers, so we're really benefitting from the non-collection of taxes ... right?

    Err, wrong. With one or two exceptions, the airlines are simply pocketing the money they would have paid in taxes.
    -chuckles- But aren't you one of the liberals, that hate those subsidies? So now you are for them? Quess the question of subsities for oil companies and other business should now be off the table as well ??

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