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I'm glad to see Republicans talking about increasing tax revenue and I'm glad to see Democrats talking spending cuts. I hope that a deal can be reached to reduce our debt. I came across this article today.
I'm glad to see Republicans talking about increasing tax revenue and I'm glad to see Democrats talking spending cuts. I hope that a deal can be reached to reduce our debt. I came across this article today.
Yes, that is the common sense approach. Unfortunately, the republicans are talking about tax increases for the middle class and decreases for the wealthy.
Yes, that is the common sense approach. Unfortunately, the republicans are talking about tax increases for the middle class and decreases for the wealthy.
That's true. I think they should change that approach. We do need tax reform, but not the kind that asks more from the middle class than the wealthy.
I'm glad to see Republicans talking about increasing tax revenue and I'm glad to see Democrats talking spending cuts. I hope that a deal can be reached to reduce our debt. I came across this article today.
No luck, there is no chance the Dems will consider any entitlement reform. The Republicans are obviously willing to compromise, the Dems not so much.
Obama and many Democrats have already put entitlement reforms on the table during this debate currently and they did so back during the debt ceiling fight. The Republicans dug their heels in and said no revenue increases, cuts only. I'm not sure why you are being so partisan, when I started this thread in good faith and was hoping people could take a step back and give a little to help better the country.
Obama and many Democrats have already put entitlement reforms on the table during this debate currently and they did so back during the debt ceiling fight. The Republicans dug their heels in and said no revenue increases, cuts only. I'm not sure why you are being so partisan, when I started this thread in good faith and was hoping people could take a step back and give a little to help better the country.
Unfortunately the Dems on the super committee are digging their heals in. A compromise will ruin their election theme. If you are really trying to post in good faith you must recognize the Dems on the committee are acting horribly.
From your link.
"Alexander said Democrats on the panel need to address ways to rein in the costs of Medicare, the popular government-run healthcare insurance program for the elderly and disabled.
"I think many Republicans are perfectly willing, if we get significant entitlement reform, to lower the tax rates, close loopholes and use the savings partly to reduce rates and partly to reduce debt. That's one way you could get new revenues which could help reduce debt -- and there's a lot there.""
Unfortunately the Dems on the super committee are digging their heals in. A compromise will ruin their election theme. If you are really trying to post in good faith you must recognize the Dems on the committee are acting horribly.
The Democrats put out their plan that cut about 1.5 trillion in spending and increased tax revenue by about 1.5 trillion. The Republicans put out a plan that cut 2.2 trillion and had about 300 billion in new tax revenue. The deal is somewhere in between those numbers. Democrats have the upper hand in this debate because the debt ceiling being raised is not a part of the negotiating equation.
The Democrats put out their plan that cut about 1.5 trillion in spending and increased tax revenue by about 1.5 trillion. The Republicans put out a plan that cut 2.2 trillion and had about 300 billion in new tax revenue. The deal is somewhere in between those numbers. Democrats have the upper hand in this debate because the debt ceiling being raised is not a part of the negotiating equation.
Are you saying that spending bills don't have to originate in the House? I guess you don't know what the Constitution says about that.
The Democrats put out their plan that cut about 1.5 trillion in spending and increased tax revenue by about 1.5 trillion. The Republicans put out a plan that cut 2.2 trillion and had about 300 billion in new tax revenue. The deal is somewhere in between those numbers. Democrats have the upper hand in this debate because the debt ceiling being raised is not a part of the negotiating equation.
The Dems haven't included any entitlement reform. They simple slow the growth of some plans.
?The committee is charged with cutting budget deficits by a total of at least $1.2 trillion over 10 years. The Democratic plan would trim much more, a total of $2.5 trillion to $3 trillion, through cuts in the growth of federal entitlement programs, including Medicare, and more than $1 trillion in new tax revenues."
"Democrats will never agree to substantial savings in Medicare and Social Security if the deal does not include new revenues, Mr. Pascrell said."
They got their taxes. Where are the cuts?
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