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Are they not nearly always too low?CBO estimates are always wrong. Always have been.
Are they not nearly always too low?CBO estimates are always wrong. Always have been.
The very best part is that they need do nothing. I hope they talk, talk talk, until August 2nd. If the one term Marxist president Obama wants to propose cuts to government spending we should agree, in the spirit of compromise, to his cuts. But under no circumstance should the Republicans agree to tax hikes.This is true. That's why the repubs are acting like fools. They have a historical opportunity to make large changes in these entitlement programs, and have the dems share in the blame.
Why not? If you want more of something you subsidize it. If you want less you tax it.Tax the poor. You heard it here first.
Great. Let's agree to his cuts. And then let's propose more of our own. But no tax increases. None.Then the American people should be smiling today,because Obama proposed reducing the deficit by $4 trillion (which the weeper had originally proposed)now the weeper has it in reverse.Kinda sad really.:lamo
the dems need lots of poor votersWhy not? If you want more of something you subsidize it. If you want less you tax it.
Do you think that about half of the nation is poor?
Let the one term Marxist president do it. Go for it. Let him live with his decisions. If he prefers cutting off paychecks to the military then let him deal with a million angry armed soldiers. If he wants to cut social security instead of closing down the EPA then let him live with his decision.hmmm have to pay our debts...ok....what do we let go? social security checks don't go out/are late, military doesnt get paid(i'm sure this will go over well with both of these groups, will turn the 2nd tuesday of nov 2012 into 'judgement day' for republicans)...what else...infrastructure spending(really, our bridges/roads will last without upkeep)...i have to chuckle when someone here hopes/prays this to pass without a deal being done....'cause they have no idea the havoc it will cause.
McConnell's proposal quickly angered conservatives on and off Capitol Hill, some of whom did not see the logic in walking away from a possible deal that could produce spending cuts in the trillions. Critics called it an abdication of Congress' responsibility, and Freedom Works, the large "tea party" group, urged its Twitter followers to tell McConnell to "find his spine."
GOP presidential candidate Newt Gingrich said in a tweet that McConnell's proposal was "an irresponsible surrender to big government, big deficits and continued overspending."
Seemingly. But of course it only worked for a few generations.worked for Stalin-his protege emulates the master?
Yes. Let's go for it.He can start by not paying Congress. Why should they get paid?
WASHINGTON REPUBLICANS have just made an unmistakable declaration about their priorities: Preventing tax increases is more important than reducing the deficit - even with a federal default looming on the near horizon.
We can now discount GOP rhetoric about acting like adults, about not kicking the can down the road, about making tough decisions today to spare our kids from more debt tomorrow.
Sadly, Republican leaders have revealed the emptiness of that lofty talk. They are either unwilling or unable to strike a broad bipartisan compromise on the long-term deficit. House Speaker John Boehner, who had repeatedly urged the president to do a big deficit deal, has just walked away from a possible package that reportedly would have done 75 to 80 percent of the deficit reduction on the spending side. Why? Because of a backlash from rigid right-wingers who rule out any revenue increases.
Well, as an alternative have the House of Representatives pass a spending bull that dramatically cuts spending. Then let the Senate do what they can do. But in the end no tax increases.The Republicans are starting to squirm. They're also not making much sense.
So - they DO understand that there are trillions on the table, and they want the deep cuts - but not enough to actually bring anything of their own to the table.
Losers.
Misterveritis said:Let the one term Marxist president do it. Go for it. Let him live with his decisions. If he prefers cutting off paychecks to the military then let him deal with a million angry armed soldiers. If he wants to cut social security instead of closing down the EPA then let him live with his decision.
turtle said:why should tax hikes even have any relevance to CUTTING SPENDING
Just do the responsible thing and raise the debt limit without conditions.
Yes, that sounds like a good, responsible idea. You'll be supporting Barack Obama in 2012 then?
They only stupid people are those who believe that a 3% tax increase on high income earners is going to produce any significant amount of revenue. We don't have tax problem, we have an economy in the toilet and two and half years of ineffective policies and inept leadership.Balanced budget: Income = Expenditures
Solution to a budget deficit: increase income, reduce expenditures, a combination of both.
Are you really that stupid?
...because it's the number of times it's been raised that's important, not the level to which it's raised. :roll:Yeh,we should do the responsible thing and limit the raising of the debt limit to the number of times that the previous occupant of the White House raised it. :roll:
OK children, playtime is over. The Republicans have lost this issue.
Yeah, no... I think they'll stick it out until Obama caves, as he's been known to do. The alternative is to continue negotiating and if need be, offer a short term solution. That puts it back in Obama's hands, who is of course free to go along or to collapse the governement and starve seniors. Being President, it's really his choice.OK children, playtime is over. The Republicans have lost this issue. Its time to tuck tail and get this thing done.
They only stupid people are those who believe that a 3% tax increase on high income earners is going to produce any significant amount of revenue. We don't have tax problem, we have an economy in the toilet and two and half years of ineffective policies and inept leadership.
Why not? If you want more of something you subsidize it. If you want less you tax it.
Do you think that about half of the nation is poor?
OK children, playtime is over. The Republicans have lost this issue. Its time to tuck tail and get this thing done. Raise the debt limit, lick your wounds and live to see another political day. Even the US Chamber of Commerce is saying "no more worry about deficit reduction, tax increases or decreases....just get'er done"
".....Chamber President Tom Donohue said in a statement announcing the letter that an “unprecedented default on the nation’s bills would have dire consequences for our economy, our markets, and Main Street Americans....."
Chamber, Business Groups Warn GOP on Debt Limit Consequences : Roll Call Lobbying
When are you [Republicans] going to learn that you are getting very bad counsel from the guys at the Tea Party. They look friendly, but they are your worst enemy. You missed an opportunity to get a good deal, but you blew it. Further pursuit of this issue is death to Republicans. Just do the responsible thing and raise the debt limit without conditions.
Witness the comments of U.S. Chamber of Commerce chief Tom Donohue to Tea Party aligned Congressmen: Raise the debt ceiling or we will get rid of you
oh yes, tax increases.....Well, as an alternative have the House of Representatives pass a spending bull that dramatically cuts spending. Then let the Senate do what they can do. But in the end no tax increases.