Supercommittee Democrats offer plan for $3 trillion 'grand bargain'

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  • Updated: October 26, 2011 - 11:08 PM
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patrickjdOct. 27, 11 4:16 AM

"The $500 billion it would cut from Medicare and Medicaid picked up where the summer's negotiations left off." Gee, where have we heard that before? Oh, yeah, Obamacare was going to "cut" $500 from Medicare-NOT. Dems will spend any and all new tax revenues they can get their hands on with NO cuts! Voters have to stay up on this stuff 'cause the media sure won't point out the facts.

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MickeyOct. 27, 11 4:29 AM

When will the left get serious about addressing the problems of the US. I hope 2012 is the year when the Democrat party gets the same fate as the old Federalist party. The plan is more smoke and mirrors for Obama.

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twinsfan2020Oct. 27, 11 6:58 AM

Here we go again with this crazy, balanced approach where the wealthiest Americans, who got there entirely by themselves without using any of the infrastructure we all contributed to or public education (themselves or their workers) that we all contributed to, are aksed to join the other 99% and contribute more to reduce the national deficit/debt. When are the Democrats going to figure out that that is NOT what Americans want. We overwhelmingly favor a winner-take-all approach in which we have only massive spending cuts OR massive tax increases for everyone (preferably in sales and property taxes that impact the wealthiest less). Right?

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martytoilOct. 27, 11 6:59 AM

It is time that the gop starts being serious and realizes that we must pay for the society that we want. Taxes must be raised.

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schlatzOct. 27, 11 7:15 AM

Raising taxes on the wealthy doesn't even scratch the surface of the economic problems this country faces. I've asked this before but someone please answer this time. If we raise taxes on the evil rich and still find ourselves in the same situation is 2 years, do we raise rates again, and again? It's always easy to say "I want that, but have that guy over there pay for it." twinsfan2020, The top 1% of earners pay more than 38% of all federal income tax collected. How exactly are they not contributing to society? In fact, they pay a higher percentage of taxes collected now than they did prior to the Bush tax cuts.

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joethplumberOct. 27, 11 7:16 AM

More taxes = more power and control over our lives, exactly why liberals and MSM likes it....no more taxes!!!!

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noinkOct. 27, 11 8:06 AM

Why are they not going after the $16 Trillion Dollars the Federal Reserve Banks can not account for?

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muskiedogOct. 27, 11 8:11 AM

So just tax the wealthy, spending basically stays the same.

So nothing has changed.

What part of stop spending don't they get.

And if we are trying to reduce the budget why do we keep coming back to the peopel to tax more.

It's like an LP with a nick in the groove.

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theagony4meOct. 27, 11 8:15 AM

I really would like the Republicans to just fold and allow the rich to be taxed some more just to show how foolish everyone is thinking thats going to magically fix everything. The tax base needs to be widened, i love the flat tax idea but that will never fly because everyone would have to pay taxes. The United States, where 40% pay everything and the rest get a check back.

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badgerfan2Oct. 27, 11 8:26 AM

This problem will really only be solved when the republican party is effectively eliminated.

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