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Thread: Obama Makes New Budget Sales Pitch; GOP Strikes Back

  1. #21
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    Re: Obama Makes New Budget Sales Pitch; GOP Strikes Back

    Quote Originally Posted by OpportunityCost View Post
    Gee Hay, why dont you tell us? I refuse to allow you to get off playing stupid quite that blatantly.

    While I may not know concretely why, I can make some speculations. How about you do the same?
    It is your statement. You tell us. That is the way debate works.
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    Re: Obama Makes New Budget Sales Pitch; GOP Strikes Back

    And the greatest joke of our time continues... projected revenues by the federal government. See when we draw the line like this, that means we get spend more and "reduce" the deficit all at the same time! It's also nice for Americans to finally see what $1.5 trillion in spending cuts really looks like; it means we spend more each year but not as much as we were 'planning' on spending. Now, we can say we are 'cutting' spending and 'reducing' deficits both at the same time! Woohoo!

    Revenue Projections.jpg
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    Re: Obama Makes New Budget Sales Pitch; GOP Strikes Back



    Chinese Rating Agency Says "The US Has Already Defaulted" … German Rating Agency Downgrades U.S. Debt


    As we can see, most of our debt is attributable to the Bush Era Tax Cuts, the wars, and the economic recession. Trickle down economics, excessive military spending and deregulation, was the economics plan put into place 30 years ago, it was called Reaganomics!

    Not the very same party that brought us 30 years of Reaganomics wants us to approve their continuation of Reaganomics, with a new twist, they propose that the programs that serve the lower income now should be required to pay for the debt created by 30 years of Reaganomics.



    Federal Budget « California Budget Bites
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    Re: Obama Makes New Budget Sales Pitch; GOP Strikes Back

    Quote Originally Posted by Catawba View Post


    Chinese Rating Agency Says "The US Has Already Defaulted" … German Rating Agency Downgrades U.S. Debt


    As we can see, most of our debt is attributable to the Bush Era Tax Cuts, the wars, and the economic recession. Trickle down economics, excessive military spending and deregulation, was the economics plan put into place 30 years ago, it was called Reaganomics!

    Not the very same party that brought us 30 years of Reaganomics wants us to approve their continuation of Reaganomics, with a new twist, they propose that the programs that serve the lower income now should be required to pay for the debt created by 30 years of Reaganomics.



    Federal Budget « California Budget Bites
    All this crap is old, old news, and not only that, it's OUTDATED news. Has nothing to do with current budgets.

    It's funny how these things never include the extra $900BN to $1T in spending which has been in place over Bush's 2008 budget when figuring into the deficit.
    “Offing those rich pigs with their own forks and knives, and then eating a meal in the same room, far out! The Weathermen dig Charles Manson.”-- Bernadine Dohrn

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    Re: Obama Makes New Budget Sales Pitch; GOP Strikes Back

    Quote Originally Posted by Harshaw View Post
    All this crap is old, old news, and not only that, it's OUTDATED news. Has nothing to do with current budgets.

    It's funny how these things never include the extra $900BN to $1T in spending which has been in place over Bush's 2008 budget when figuring into the deficit.

    LOL! Most of our debt is from 30 years of Reaganomics. The stimulus was required to prevent the Bush Recession from turning into the Bush Depression.

    The seniors did not create the last 30 years of debt, but if you think you can garner votes from them for your plan to make them pay for it, knock yourself out!
    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: Obama Makes New Budget Sales Pitch; GOP Strikes Back

    "the Ryan plan would generate nearly two-thirds — about $2.9 trillion — of its $4.5 trillion in budget cuts over 10 years from programs for people of modest means, while making permanent all of President Bush’s tax cuts for high-income Americans as well as a new estate-tax giveaway in the December 2010 tax package.

    Ryan has said that he borrowed some ideas from President Obama’s fiscal commission, which was chaired by Erskine Bowles and Alan Simpson. But in a sharp departure, it stands a core principle of the Bowles-Simpson plan on its head. The co-chairs called for policymakers to set, as a basic principle, that the deficit should be reduced in a way that does not increase poverty and inequality; they called for protecting low-income and vulnerable Americans. The Ryan plan, in contrast, aims by far its most severe blows at those people — even as it drops all of the Bowles-Simpson revenue-raising measures that would secure their largest revenue increases from people at higher income levels.

    On the tax side, the Ryan plan would make permanent all of the Bush tax cuts for high-income Americans, as well as the striking estate-tax giveaway included in the December 2010 tax package that benefits the estates of only the wealthiest one-quarter of 1 percent of Americans who die, at a cost of tens of billions of dollars. The Ryan plan loses $700 billion over ten years from making the high-end tax cuts permanent. People with incomes over $1 million would receive average tax cuts of $125,000 a year — or more than $1 million over the coming decade — if these tax cuts are made permanent, according to the Urban-Brookings Tax Policy Center."

    Statement of Robert Greenstein, President, on Chairman Ryan
    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: Obama Makes New Budget Sales Pitch; GOP Strikes Back

    Quote Originally Posted by Catawba View Post
    "the Ryan plan would generate nearly two-thirds — about $2.9 trillion — of its $4.5 trillion in budget cuts over 10 years from programs for people of modest means, while making permanent all of President Bush’s tax cuts for high-income Americans as well as a new estate-tax giveaway in the December 2010 tax package.

    Ryan has said that he borrowed some ideas from President Obama’s fiscal commission, which was chaired by Erskine Bowles and Alan Simpson. But in a sharp departure, it stands a core principle of the Bowles-Simpson plan on its head. The co-chairs called for policymakers to set, as a basic principle, that the deficit should be reduced in a way that does not increase poverty and inequality; they called for protecting low-income and vulnerable Americans. The Ryan plan, in contrast, aims by far its most severe blows at those people — even as it drops all of the Bowles-Simpson revenue-raising measures that would secure their largest revenue increases from people at higher income levels.

    On the tax side, the Ryan plan would make permanent all of the Bush tax cuts for high-income Americans, as well as the striking estate-tax giveaway included in the December 2010 tax package that benefits the estates of only the wealthiest one-quarter of 1 percent of Americans who die, at a cost of tens of billions of dollars. The Ryan plan loses $700 billion over ten years from making the high-end tax cuts permanent. People with incomes over $1 million would receive average tax cuts of $125,000 a year — or more than $1 million over the coming decade — if these tax cuts are made permanent, according to the Urban-Brookings Tax Policy Center."

    Statement of Robert Greenstein, President, on Chairman Ryan
    SHOULDN't the poor pay for their right to exist ?

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    Re: Obama Makes New Budget Sales Pitch; GOP Strikes Back

    Quote Originally Posted by haymarket View Post
    It is your statement. You tell us. That is the way debate works.
    No it was Sparky's statement, not mine. Im just calling out someone for obvious intellectual dishonesty. This is exactly why you get treated like a troll, because frequently, you act like one.

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    Re: Obama Makes New Budget Sales Pitch; GOP Strikes Back

    Quote Originally Posted by winston53660 View Post
    SHOULDN't the poor pay for their right to exist ?
    LOL! You mean more than they already pay???
    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: Obama Makes New Budget Sales Pitch; GOP Strikes Back

    Quote Originally Posted by Catawba View Post
    LOL! You mean more than they already pay???

    They have cake mixes in the stores don't they? Just add some milk and eggs....

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