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Thread: Reid rejects Boehner proposal for $2 trillion in spending cuts

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    Reid rejects Boehner proposal for $2 trillion in spending cuts

    So the obstruction party we saw under Bush is back. Big surprise. They don't want to cut spending. I am shocked

    Budget talks: Reid rejects Boehner proposal for $2 trillion in budget cuts - latimes.com

    Battle lines in federal debt talks sharpened markedly Thursday when the Senate's top Democrat rejected a proposal for $2 trillion in budget cuts as demanded by House Speaker John A. Boehner, saying any cuts must be accompanied by action on closing tax loopholes.

    "You can't do $2 trillion just in cuts," Senate Majority Leader Harry Reid (D-Nev.) said in an interview in his Capitol office. "There has to be a mix of spending cuts, including defense. There has to be a more fair apportionment of tax policy in this country."

    Republicans have resisted using tax reform to rein in deficits as Congress and the White House try to break a stalemate over raising the nation's debt limit by Aug. 2 to avoid a first-ever federal default. Boehner's office reiterated Thursday that tax hikes would not be "on the table" in talks.

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    Re: Reid rejects Boehner proposal for $2 trillion in spending cuts

    A majority of Americans favor tax increases as part of the formula to fix the deficit.
    Americans back tax increases in debt fix: Reuters poll | Reuters

    Reagan's Budget Director also says increased taxes MUST be part of the solution.
    http://www.nytimes.com/2011/04/24/op...4stockman.html

    So why does Boehner get to hold all the cards? Because he runs 1 of 2 houses that represent the people?

    It's called negotiation. The moment he said, "Tax increases are not on the table", Boehner killed everything.

    The only way to do this is to go in with everything on the table.

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    Re: Reid rejects Boehner proposal for $2 trillion in spending cuts

    Instead of keeping a convuluted, flawed tax system and simply raising the withholding requirements why don't we restruct the entire process, simplify it, and eliminate the need for 80% of the IRS?
    "Hmmm...Can't decide if I want to watch "Four Houses" or give myself an Icy Hot pee hole enema..." - Blake Shelton


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    Re: Reid rejects Boehner proposal for $2 trillion in spending cuts

    Quote Originally Posted by tessaesque View Post
    Instead of keeping a convuluted, flawed tax system and simply raising the withholding requirements why don't we restruct the entire process, simplify it, and eliminate the need for 80% of the IRS?
    You are more likely to see Joseph Stalin as president than ever see the tax code completely scrapped and rewritten from scratch. Forgetaboutit.
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    Re: Reid rejects Boehner proposal for $2 trillion in spending cuts

    there's a reason the party in power has failed to produce a budget in the united states senate in TWO YEARS

    and, according to finance and budget chairs baucus and conrad, upper parliament is NOT likely to come up with one this year either

    which is the exact same reason the debt ceiling will be lifted along almost purely REPUBLICAN lines

    huge cuts, short and medium term, as well as STRUCTURAL reform---or no new roof

    why hasn't, why can't and why won't kent conrad WRITE UP a blueprint?

    stay tuned

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    Re: Reid rejects Boehner proposal for $2 trillion in spending cuts

    Quote Originally Posted by ptif219 View Post
    So the obstruction party we saw under Bush is back. Big surprise. They don't want to cut spending. I am shocked

    Budget talks: Reid rejects Boehner proposal for $2 trillion in budget cuts - latimes.com

    Battle lines in federal debt talks sharpened markedly Thursday when the Senate's top Democrat rejected a proposal for $2 trillion in budget cuts as demanded by House Speaker John A. Boehner, saying any cuts must be accompanied by action on closing tax loopholes.

    "You can't do $2 trillion just in cuts," Senate Majority Leader Harry Reid (D-Nev.) said in an interview in his Capitol office. "There has to be a mix of spending cuts, including defense. There has to be a more fair apportionment of tax policy in this country."

    Republicans have resisted using tax reform to rein in deficits as Congress and the White House try to break a stalemate over raising the nation's debt limit by Aug. 2 to avoid a first-ever federal default. Boehner's office reiterated Thursday that tax hikes would not be "on the table" in talks.
    Im more shocked that the republican senate voted down ending subsidies for big oil amidst this crisis they tell us were in where govt gives away to much money...I guess the republicans mean give to much money to the working class...you can never give enough to the ones that dont need it for them.

    I cant stomach reid...but im fast finding this new republican party just as repulsive

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    Re: Reid rejects Boehner proposal for $2 trillion in spending cuts

    Quote Originally Posted by tessaesque View Post
    Instead of keeping a convuluted, flawed tax system and simply raising the withholding requirements why don't we restruct the entire process, simplify it, and eliminate the need for 80% of the IRS?
    I would actually support this. Set rates and cut all loopholes.

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    Re: Reid rejects Boehner proposal for $2 trillion in spending cuts

    Quote Originally Posted by FilmFestGuy View Post
    I would actually support this. Set rates and cut all loopholes.
    www.fairtax.org is an even better idea. The "Rich and Wealthy" would pay MORE then they do under any income tax scheme you can devise.
    Climate, changes. It takes a particularly uneducated population to buy into the idea that it's their fault climate is changing and further political solutions can fix it.



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    Re: Reid rejects Boehner proposal for $2 trillion in spending cuts

    Quote Originally Posted by FilmFestGuy View Post
    A majority of Americans favor tax increases as part of the formula to fix the deficit.
    Americans back tax increases in debt fix: Reuters poll | Reuters
    Especially the half of the country who doesn't pay taxes, and they only want tax increases on the rich.

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    Re: Reid rejects Boehner proposal for $2 trillion in spending cuts

    Quote Originally Posted by FilmFestGuy View Post
    A majority of Americans favor tax increases as part of the formula to fix the deficit.
    Americans back tax increases in debt fix: Reuters poll | Reuters

    Reagan's Budget Director also says increased taxes MUST be part of the solution.
    http://www.nytimes.com/2011/04/24/op...4stockman.html

    So why does Boehner get to hold all the cards? Because he runs 1 of 2 houses that represent the people?

    It's called negotiation. The moment he said, "Tax increases are not on the table", Boehner killed everything.

    The only way to do this is to go in with everything on the table.
    Because he is the majority leader and the House controls finance. Reid once again shows he is back to the obstruction party mode as he did under bush

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