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Why is this so hard to understand? Submit a budget the only spends what revenue is generated. Actually, we need to spend less and start paying down America's debt but we at least need to start with not borrowing from China to payout more than we take in. Didn't Obama's last budget get exactly zero votes in both houses? Why is that never mentioned?
Let's talk about a "lump of coal". Investment taxes scheduled to go up 3.8%, $63 billion promised to support abortion around the world, etc... Yet I read the other day BO is planning on a 20 day vacation. Something stinks in the White House and I think it smells like BO.
Too bad, I had high hopes that Obama was actually going to follow through and attempt to work across the aisle. At least the GOP is putting increased revenue on the table, the Dems need to put some real cuts on the table as well.
@rtwall59, your statement about $63 billion to support abortion is absolutely false. The $63 billion promised is for Global Health Initiative fund over the next 5 years. The GHI is banned from supporting abortion in any of the countries it helps. There are several Pro-Life sites that are posting this false information.
" Yet I read the other day BO is planning on a 20 day vacation." ---- At this point in Obama's term he has take 61 days vacation. At the same point in G.W. Bush's term he had taken 180 days. Bush spent 32% of his term on vacation. You've no reason to complain.
Could somebody also please explain to the current group in the White House that there is no way that having "the rich" pay a little more would ever balance our current deficit? Sure, go ahead and spend more and go ahead and increase the taxes to industries and the rich. They will pass on the increases to the consumers and since there are only 2% considered rich, everyone else will pay. Plus, new businesses will not be created in the US and it will drive industry out of the US. Stellar plan...
If you want to know how this "Fiscal Cliff" issue will play out, see: Hostess Bakery
I'm reminded of a saying from a great American, "stupid is what stupid does". Despite probably being very intelligent human beings both sides continue to do and say stupid things. The left can't budge on entitlements and the right can't seem to move on revenues. And stupid us for voting in the same incompetent fools!
Let the tax cuts expire--at least we will get some revenue. We have been needing to raise taxrs for the least 6 or 7 years anyway.
"At this point in Obama's term he has take 61 days vacation. At the same point in G.W. Bush's term he had taken 180 days" How much time has Obama spent trying to work out a deal to avoid the cliff vs preaching to the media about what he wants? He is a pathetic leader.
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