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It's good to see the Republicans moving toward compromise. Hopefully after both sides get done with their kabuki theater bluster, they can sit down like grownups and work out a deal.
mylittleid, the GOP is not compromising, they are presenting the same plan we did 2 years ago. We always had raising taxes on the wealthy in the mix if huge cuts to Government programs and SS and Medicare reform was added. Obama and the Dems dont want any of that.
"We always had raising taxes on the wealthy in the mix if huge cuts to Government programs and SS and Medicare reform was added." --- Now that's funny right their. Guess who you'd bleed the most.
The increased tax revenue would fund our bloated government for EIGHT days.
Do any Obama supporters understand that you can't have trillion plus dollar deficits year after years?
We are broke. Time for reality.
"Do any Obama supporters understand that you can't have trillion plus dollar deficits year after years..." Much better than bush supporters who cheered the GOP into two wars, enormous unfunded tax cuts for the rich, social programs on the credit card and $6 trillion in deficit spending. Plus they crashed the economy so that the Democrats have to dig us out of the Bush Depression. Yes, we understand. We also understand that the top 5% needs to be paying 30% on all their income, not 15% on dividends and capital gains while they produce nothing: no products, no services and NO JOBS!
It was my understanding from President Obama that by increasing the taxes on the 2% that we'd balance the budget this year. The real issue is the $16 trillion in debt. Let's close the tax loop holes for all Americans, let's reform medicare and social security and bring that down as well.
Yes, we understand. We also understand that the top 5% needs to be paying 30% on all their income, not 15% on dividends and capital gains ---- yet no comment on reducing spending. King obamas grand plan is $1T over 10 years (look it up on whitehouse.gov). Thats $100B per year. That's 150 years to pay off the debt. Pretty slick plan, eh?
Once again Obama wizards. If the successful people are taxed at a higher rate as you economic brain trusts suggest, what is your plan for the other 357 days after that new revenue is spent?
Check out the business section of this paper regarding the fact that small business hiring is at all time lows. That is the Obama economy, and you people still bringing up former presidents at this stage in Obama's dismal performance makes you look like complete morons.
re: -- yet no comment on reducing spending. King obamas grand plan is $1T over 10 years (look it up on whitehouse.gov). Thats $100B per year. That's 150 years to pay off the debt. Pretty slick plan, eh?
...... not true at all. Go to Whitehouse.com. There's 250 pages outlining Obama's spending cut proposals. You really need to back away from the Fox News.
I ' m going to bite the bullet, too!!!! Will you please join me?
President Obama ordered the cabinet to cut $100,000,000.00 ($100 million) from the $3,500,000,000,000.00 ($3.5 trillion) federal budget.
I ' m so impressed by this sacrifice that I have decided to do the same thing with my personal budget.
I spend about $2,000 a month on groceries, household expenses, medicine, utilities, etc.,
but it ' s time to get out the budget cutting axe, go through my expenses, and cut back.
I ' m going to cut my spending at exactly the same ratio (1/35,000) of my total budget.
After doing the math, it looks like instead of spending $2,000 a month,
I ' m going to have to cut that number by six cents. Yes,
I ' m going to have to get by with $1999.94, but that's what sacrifice is all about.
I ' ll just have to do without some things, that are, frankly, luxuries – six cents worth.
Did this President actually think no one would do the math?
Please send this to everyone on your list so people understand how idiotic a $100 million cut
is in a $3.5 trillion budget – ludicrous
"There are two ways to conquer and enslave a nation...
One is by sword...
The other is by debt."
John Adams 1826
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