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Thread: United States loses its AAA Credit rating from S & P

  1. #451
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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Thunder View Post
    who exactly is the cult?
    i don't know

    but just how much of the 5.3 trillion dollars does the party in power propose to make good thru tax hikes?

    U.S. funding for future promises lags by trillions - USATODAY.com

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Tettsuo View Post
    I don't expect any president to fix it in one term or even 2.
    Barack Obama's Stimulus Plan: Failing by Its Own Measure - TIME

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by pbrauer View Post
    President made a deal with the Devil (Republicans)
    vote obama, 2012!

    he makes deals with devils!

    LOL!

    leadership, anyone?

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by AdamT View Post
    Seriously, are you 7 months old? You don't remember Democrats fighting NOT to extend the top Bush tax cuts? They eventually caved to republicans' demands in order to maintain unemployment extensions and to avoid a shutdown.

    Further, there is an enormous difference between cutting taxes when the economy is strong (Bush) and raising taxes when the economy is weak.
    Democrats to punt on taxes - TheHill.com

    Senate Democrats Punt Tax Cuts To Lame-Duck - The Note

    House Dems Also Punt On Upper-Income Bush Tax Cuts | TPMDC

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Polotick View Post
    I was remembering how many times on this site that I have heard "No new taxes until the government can prove it can stop spending."
    no new taxes until the govt can prove it will stop WASTING trillions of dollars

    All told, the GAO targeted as much as $510 billion on 583 potentially duplicative, wasteful programs overseen by roughly 182 government agencies and offices, stretching across the federal government, from the Department of Defense to Transportation to Health & Human Services. The GAO found that some of the duplication dates back to 2002, but most came in fiscal years 2009 to 2010 and going forward.

    The GAO’s list dovetails with work already done on this waste by the Congressional Budget Office (see below). Last year, FOX Business found $1.5 trillion in fat marbled through government.

    Also, Congress has routinely failed to at minimum probe and then stop redundant programs. The GAO says just five of 47 job training and employment programs had been evaluated for efficiencies. “Little is known about the effectiveness of most programs,” the GAO said in its report. The government also spent $62.5 billion on 18 food assistance programs, but “little is known about the effectiveness of [11 of the 18 programs] because they have not been well studied,” the GAO said.
    GAO Finds Massive Waste, Duplication - FoxBusiness.com

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Boo Radley View Post
    Anyone thinking clearly would have to agree the best approach is to cut spending and raise taxes.
    cuomo's not thinking clearly?

    "put it simply, the people of this state simply cannot afford to pay any more taxes, period"

    GOVERNOR ANDREW M. CUOMO STATE OF THE STATE ADDRESS | Governor Andrew M. Cuomo

    Cuomo budget: $10 billion deficit cut, no new taxes, layoffs likely

    why is he so popular?

    Andrew Cuomo approval sky-high, new poll suggests - Jennifer Epstein - POLITICO.com

    in new york?

    once again, EVENTS are swirling around you of which you are unaware

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Boo Radley View Post
    Not what he said.
    Why do liberals promote class warfare? You continue to miss the point and continue to spout the talking points without even thinking. Millions and millions of Americans are working, earning income but pay zero in Federal Income taxes. Are they paying their fair share?

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Thunder View Post
    everyone who is above the poverty line should pay some income taxes, IMHO.

    and anyone who gets away with not paying FIT that they should be paying due to tax-loopholes, should be required to pay such taxes.

    no free rides...especially for folks who don't need them.
    Yet you never hear that from liberals, why? Millions of Americans ABOVE the poverty line pay zero in FIT yet liberals want to go after the group that pays 38% of the taxes. That must be liberal logic

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Boo Radley View Post
    Such hyperbole. No one is being punished, least of all the wealthy.
    Notice that you never address the FACT that those evil rich people are paying 38% of the taxes and 47% of income earners most 50,000 or less pay zero. That the liberal definition of fair share?

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    Re: United States loses its AAA Credit rating from S & P

    Quote Originally Posted by Thunder View Post
    closing tax-loopholes that allow people to not pay taxes that they should be paying, is a punishment?

    looks more like they are getting away with fraud and we need to stop them.
    We have a spending problem, not a revenue problem. Never in the history of this country has the Govt. spent as much money as Obama. There isn't enough revenue from the rich to pay for the liberal spending appetite. Why do you continue to buy the liberal rhetoric.

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