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Thread: Obama: I'll cut $4 trillion

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    Re: Obama: I'll cut $4 trillion

    The Ryan plan was generally considered to be an opening gambit to force concessions but as more analysis emerges about it the less acceptable it becomes; I wonder whether the House will ever even pass it; likely as not, the Democrats may force it to the floor just to make Republicans vote it down.

    See: http://www.debatepolitics.com/polls/...an-budget.html
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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by VanceMack View Post
    I dont care WHY he has come to the table...just THAT he has come to the table. The president doesnt pass budgets. Congress will still have the lead on this. If the house and the president are sincere then this is beneficial to the country. I hope like heck that they transcend partisanship and do the right thing. This will require hard work, sacrifice, and a willingness for all to make tough decisions.
    And President Obama presented not one tough decision except that he's ready to increase taxes on the top 2% - and nobody gives a **** about them. He is a fence-sitter...gave a very politically correct speech that said absolutely nothing.
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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by ADG View Post
    I probably missed it, but where did the President lie in this speech?
    Without parsing the entire speech, I would venture that before this is over much of what he said will have turned out to have been a lie. But if you want one easy one right off the bat, lie may be a harsh term, but mislead certainly comes to mind when ever he tries to lay off the current state of the economy entirely on the Bush administration alone.

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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by celticwar17 View Post
    it'll be interesting to see what he is proposing in detail and in comparison, but i will most likely go for plan that has the most cuts. The faster we get rid of the debt the less money it takes in interest over time.
    The most cuts are not necessarily whats best for the country overall...cuts have to be thoughtful and care given to the consequences...anyone go in say ok I want to cut 6 trillion...lets cut this and this and this and this

    What ryan has against his plan is...he want to increase COSTS for all middle class americans and then he wants to give the rich a full additional 25% cut in income taxs...if all you conservatives think once that becomes clear to most americans thats going to float I think your in for a surprise.
    If your going to make a cut as drastic as 6trillion...you damn sure better make sure EVERYONE shares the pain and not the richest gain while everyone else takes it from behind.

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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by MaggieD View Post
    And President Obama presented not one tough decision except that he's ready to increase taxes on the top 2% - and nobody gives a **** about them. He is a fence-sitter...gave a very politically correct speech that said absolutely nothing.
    Believe me...I totally see that he would love nothing more than to just continue to pander to his base. I dont for a second buy his position. That is irrelevant. He is going to HAVE to come to the table with regard to cuts or the dems will get killed in 2012. Then again...there are an awful lot of republicans that are giving this whole topic lip service as well. You cant cut a few billion from what amounts to a massive increase and call that a success. I think it is 'the people' that are going to drive this whole process. Politicians are going to respond.

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    Re: Obama: I'll cut $4 trillion

    I don't think any serious debt reduction plan, will be implemented, until we approach a sovereign debt crisis.

    It just doesn't seem to be politically favorable.
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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by lpast View Post
    The most cuts are not necessarily whats best for the country overall...cuts have to be thoughtful and care given to the consequences...anyone go in say ok I want to cut 6 trillion...lets cut this and this and this and this

    What ryan has against his plan is...he want to increase COSTS for all middle class americans and then he wants to give the rich a full additional 25% cut in income taxs...if all you conservatives think once that becomes clear to most americans thats going to float I think your in for a surprise.
    If your going to make a cut as drastic as 6trillion...you damn sure better make sure EVERYONE shares the pain and not the richest gain while everyone else takes it from behind.
    What is so sacrosanct about the middle class? We're in big fiscal trouble. Everyone needs to share the pain. Ya' know those 47% that pay no income tax at all??? Those 71 million? Time they started paying, too. If they did, maybe they'd exercise their power to vote a little more carefully and help the rest of us stop this spending spree. 47% of households owe no tax - and their ranks are growing - Sep. 30, 2009

    Link that Ryan's plan gives an additional 25% cut in income taxes, please.
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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by MaggieD View Post
    What is so sacrosanct about the middle class? We're in big fiscal trouble. Everyone needs to share the pain. Ya' know those 47% that pay no income tax at all??? Those 71 million? Time they started paying, too. If they did, maybe they'd exercise their power to vote a little more carefully and help the rest of us stop this spending spree. 47% of households owe no tax - and their ranks are growing - Sep. 30, 2009

    Link that Ryan's plan gives an additional 25% cut in income taxes, please.
    Good post, wonder exactly how much liberals believe raising the taxes on the rich is going to generate on a per year basis? Notice Obama always talks in numbers over 10 years. Divide those number by 10 and apply it to the trillion dollar deficits that Obama is creating and see how much those taxes actually affect the deficit?

    The point of the 47% that don't pay any Federal Income taxes is a good one and one that will always be ignored by the left as they use these people for their own personal gain. "Support me and I won't raise your taxes!" but of course that doesn't affect the 2% that pay most of the taxes now.

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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by MaggieD View Post
    … Link that Ryan's plan gives an additional 25% cut in income taxes, please.

    Cutting the top tax rate from 35% to 25% is a 28.5% reduction. To be fair they are eliminating “scores of credits, deductions and exemptions” but still the top rate hasn't been that low since the 1930s.
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    Re: Obama: I'll cut $4 trillion

    Quote Originally Posted by Chappy View Post

    Cutting the top tax rate from 35% to 25% is a 28.5% reduction. To be fair they are eliminating “scores of credits, deductions and exemptions” but still the top rate hasn't been that low since the 1930s.
    Not to beat you over the head, but...

    This is the whole problem we have in a nutshell. Disingenuous presentation of facts to fit our political bias.

    Nevertheless, thank you for honestly posting above.
    The devil whispered in my ear, "You cannot withstand the storm." I whispered back, "I am ​the storm."

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