• This is a political forum that is non-biased/non-partisan and treats every person's position on topics equally. This debate forum is not aligned to any political party. In today's politics, many ideas are split between and even within all the political parties. Often we find ourselves agreeing on one platform but some topics break our mold. We are here to discuss them in a civil political debate. If this is your first visit to our political forums, be sure to check out the RULES. Registering for debate politics is necessary before posting. Register today to participate - it's free!

Obama: 'Nothing can be off-limits' in budget

The Giant Noodle

The Giant Noodle

DP Veteran
Joined
Mar 22, 2010
Messages
7,332
Reaction score
2,011
Location
Northern Illinois
Gender
Male
Political Leaning
Independent
Sounds reasonable, no?

President Barack Obama
said Saturday that "nothing can be off-limits"
in the budget debate — even though
Republicans have said tax increases are. The
president said every tax break and federal
program must come under scrutiny.
With an Aug. 2 deadline looming to raise the
government borrowing limit, the president
used his weekly radio and Internet address to
call on Congress to make a deal.
He also renewed his call for Congress to
eliminate some tax breaks for the well-off as
part of any agreement. Republicans want deep
spending cuts without any tax increases while
Obama and Democrats call for what they term
a "balanced" approach. That means one that
also includes new revenue in the form of
higher taxes for some, though Democrats
steer clear of using phrases like "tax
increases" or "higher taxes."
Click to expand...
CONTINUED: Obama: 'Nothing can be off-limits' in budget - politics - White House - msnbc.com#
 
Last edited:
Nothing ?? going to call My congressman right now .. and tell him .. repeal the health care bill, and give up the Bush tax cuts .. hows that for give and take ??
 
The Barbarian said:
Nothing ?? going to call My congressman right now .. and tell him .. repeal the health care bill, and give up the Bush tax cuts .. hows that for give and take ??
Click to expand...

Keep your tax cuts, we get universal healthcare! :D
 
Deuce said:
Keep your tax cuts, we get universal healthcare! :D
Click to expand...

See the liberals really have no give .. it's all talk .. I'll keep the tax cuts .. and we'll let the courts decide about Obama care
 
sangha said:
It would make more sense for Obama to say "Congress should have an up and down vote on a bill to raise the debt ceiling with NO CONDITIONS", but that would require his having some political courage
Click to expand...

They already tried that and even the Democrats in Congress rejected it resoundingly.

The vote was 318-97, with 82 Democrats joining every Republican in rejecting legislation that would have authorized $2.4 trillion in additional borrowing by the federal government. Seven Democrats voted present on the legislation.
Click to expand...
House torpedoes unconditional hike to $14.3 trillion debt ceiling
 
randel said:
Obama is absolutely right on this, NOTHING can be left off the table...cuts in spending need to be made, elimination of some tax breaks, and some tax increases, gonna be some pain involved, but it needs to happen.
Click to expand...

Tax hikes should be put off until the economy is less fragile.
 
I think we need to cut spending first, raise taxes later.
 
I think if one is to be demanded, the other must be as well. And as Mr. Clinton has stated - this is not the time to rock the boat and risk any more damage to the economy.
 
The Giant Noodle said:
Bottom line is the country needs money and taxes on the wealthy need to be raised.
Click to expand...


Don't give me this 'bottom line' crapola....This country could have been well on its way to a stable economy had the liar occupying the WH, along with the far left progressive wing that has hijacked the demo party been willing to actually do the necessary to actually spur economic growth in this country.

But, instead what did they opt for? Insane spending which were really nothing more than payoffs to friendly constituents for their votes cast in '08. Talk about corruption, and cronyism...

You want to talk about what would ease this morass we are now in thanks to the liar n chief? Stop the record spending going on right now and return stability to the business market in this country. Until you do that, jobs are only a wish on a list of a failing economy, and the failure of a President that has liberals hypnotized like the zombies in the movie, the mummy....Chant with me Emotep, Emotep....


j-mac
 
I agree.

That should include Medicare, Medicaid, and Social Security. Allow significant reform to be done to them and I can agree to some tax increase that to some degree hits every bracket.
 
Zyphlin said:
I agree.

That should include Medicare, Medicaid, and Social Security. Allow significant reform to be done to them and I can agree to some tax increase that to some degree hits every bracket.
Click to expand...

At some point this will have to be a reality, but we need to first see that our liberal friends are serious about cutting their habits with our money. Right now all I see is the same game of bait and switch that they always have done.

j-mac
 
sangha said:
It would make more sense for Obama to say "Congress should have an up and down vote on a bill to raise the debt ceiling with NO CONDITIONS", but that would require his having some political courage
Click to expand...

Yeah - fun thing about being President is that you can say **** and not carry the burden of following thorugh with it.
 
j-mac said:
At some point this will have to be a reality, but we need to first see that our liberal friends are serious about cutting their habits with our money. Right now all I see is the same game of bait and switch that they always have done.

j-mac
Click to expand...

In general I agree, but know my ultimately solution would never happen.

I've said a number of times I'd be absolutely in favor of the following scenario. Give a 1% per bracket increase across the board. Also give a 2% sales tax on all non-medical or food goods. The sales tax money would be tracket in a seperate pot and would ONLY be used for the paying down of our debt. Meanwhile, the budget each year would be adjusted for inflation and then have to be reduced by 5%. If the government spends more than the budget allows for, then the following year the tax bracket increase and sales tax increase expire automatically.

If the government is actually making significant efforts at reducing our spending, and if I know some of the money is going directly to paying down the debt, I'm willing to give up a bit more of my money to the government. However, if they fail to live up to their end, then the tax burden should be removed.

That said, sadly I don't think we'd ever see a trigger system like that actually occur.
 
Zyphlin said:
In general I agree, but know my ultimately solution would never happen.

I've said a number of times I'd be absolutely in favor of the following scenario. Give a 1% per bracket increase across the board. Also give a 2% sales tax on all non-medical or food goods. The sales tax money would be tracket in a seperate pot and would ONLY be used for the paying down of our debt. Meanwhile, the budget each year would be adjusted for inflation and then have to be reduced by 5%. If the government spends more than the budget allows for, then the following year the tax bracket increase and sales tax increase expire automatically.

If the government is actually making significant efforts at reducing our spending, and if I know some of the money is going directly to paying down the debt, I'm willing to give up a bit more of my money to the government. However, if they fail to live up to their end, then the tax burden should be removed.

That said, sadly I don't think we'd ever see a trigger system like that actually occur.
Click to expand...

Only 2 problems I see with that...

1. Once a tax is in place, it rarely if ever is removed.

2. We are not getting straight numbers from the political machine in DC now. What leads us to believe that the truth would be forthcoming when implemented?

j-mac
 
You must log in or register to reply here.
Back
Top Bottom