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Old 06-02-2011, 07:33 PM
 
27,159 posts, read 15,334,701 times
Reputation: 12079

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Quote:
Originally Posted by HappyTexan View Post
I wager there will be secret slush funds to appease DC like was found in the Defense Bill.

Congress will not give up funding their pet projects.


Public Rep to you!
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Old 06-02-2011, 07:36 PM
 
27,159 posts, read 15,334,701 times
Reputation: 12079
Quote:
Originally Posted by HappyTexan View Post
Obama has. He wants to "invest" in education.
The new buzzword is "invest", not spend.


Oh Crap!
That "investing usually cost more.

There goes our Credit Rating.
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Old 06-02-2011, 07:43 PM
 
31,387 posts, read 37,070,009 times
Reputation: 15038
Quote:
Originally Posted by pghquest View Post
Revenues remain rather consistant, about 18.5% of the GDP regardless of the tax rate.
And this is based upon what? Certainly not the CBPP or the CBO data that the graph was drawn upon.
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Old 06-02-2011, 07:47 PM
 
69,368 posts, read 64,143,658 times
Reputation: 9383
Quote:
Originally Posted by ovcatto View Post
And this is based upon what? Certainly not the CBPP or the CBO data that the graph was drawn upon.
The graph is not based upon CBO data, its based upon liberal lies.. Why dont we go right to the CBO for verification?

Federal Tax Revenues from 2003 to 2006

As a result, receipts as a share of GDP rose from 16.5 percent in 2003 to 18.4 percent in 2006, an increase of 1.9 percentage points (see Table 1).

Revenues climbed AFTER the tax cuts were passed, they didnt decrease, which is what your graph indicates would happen after tax cuts.

p.s. the changed posting, doesnt backup the graph either.

Revenues remain rather consistant, and have been since the 1940's.
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Old 06-02-2011, 08:01 PM
 
30,075 posts, read 18,682,634 times
Reputation: 20894
Quote:
Originally Posted by padcrasher View Post
Nobody is proposing or theorizing "new entitlements".

That's just your misinformed ideology talking.

............ Right.............. like Obamacare...........


Can you tell me, Padcrasher, when the US government, in the last 100 years, has ever used any revenue to pay down the national debt????

What exactly do you think that they will do with any "new" revenues, without the constraints of a Constitutional Amendment for a balanced budget? Why, of course, they will blow it, like they always have.

To trust the feds with increased revenues would be like putting automatic weapons in the hands of children. As much as I like full auto weapons and children, I certainly do not mix the two until the children have become fully responsible and trained in the use of firearms. Given that, I would never trust the feds with any "increased revenues", as they are less reliable and less trainable than children.
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Old 06-02-2011, 08:03 PM
 
Location: Great State of Texas
86,052 posts, read 84,531,102 times
Reputation: 27720
Quote:
Originally Posted by padcrasher View Post
Whatever.

Funding on education now are later is chicken feed compared to the bloated military budget and the money that could be gained from restoring the raises in taxes on the rich a few basis points.

That's were the money is....right wingers can moan all they want about some pissant programs for the poor....they don't amount to squat.
Everything by itself is "chicken feed" but when you add them all together we have over $10 trillion.
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Old 06-02-2011, 08:06 PM
 
7,948 posts, read 9,164,633 times
Reputation: 9372
Quote:
Originally Posted by padcrasher View Post
Nobody is proposing or theorizing "new entitlements".

That's just your misinformed ideology talking.
Obamacare with its subsidizing of some peoples' health insurance is a new entitlement.
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Old 06-02-2011, 08:10 PM
 
33,387 posts, read 34,863,645 times
Reputation: 20030
Quote:
Originally Posted by GreenGene View Post
Tax bills in 2009 at lowest level since 1950

The "spending problem" we have in this country comes from two wars, the Bush tax cuts, and spending by the federal government specifically designed to help the economy (stimulus, auto bailouts, etc.). The other half of the equation is the sharp drop in federal revenue.

Stop the wars and the Bush tax cuts.
i am growing tired of tell you how wrong you are, so lets do this. we tax every penny of personal income over $50,000, take ALL profits from EVERY business in the country(after all they are evil), stop ALL spending on the wars, and lets see what happens.

i can tell you what will happen, businesses will do just enough to break even every year so as to avoid paying any taxes, and the rich will do just enough to make $50,000 or less, again to avoid the excessive taxation, and the economy will go into the tank because NOTHING IS GETTING DONE.

the spending problem we have is all the social entitlement programs, and the lack of government employees contributing a fair portion of the health insurance and retirement benefits, congress included, and elected officials flying around the country, and the world, on the taxpayers dime rather than pay their own way, the president and vice president excepted, though they need to cut back on travel as well.
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Old 06-02-2011, 08:16 PM
 
13,186 posts, read 14,985,890 times
Reputation: 4555
Quote:
Originally Posted by NSHL10 View Post
Obamacare with its subsidizing of some peoples' health insurance is a new entitlement.

Obama's health care plan is law....It's a done deal.

There are no more entitlement plans in the works.

Anybody that says this is lying.

And BTW the additional money required to fund "Obamacare" amounts to less than 2% of the Federal budget.

Yet 2/3 of the 15% of Americans who didn't have insurance will now have it.
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Old 06-02-2011, 08:20 PM
 
69,368 posts, read 64,143,658 times
Reputation: 9383
Quote:
Originally Posted by padcrasher View Post
Obama's health care plan is law....It's a done deal.

There are no more entitlement plans in the works.

Anybody that says this is lying.
Um.. people are now asking for universal healthcare..
Quote:
Originally Posted by padcrasher View Post
And BTW the additional money required to fund "Obamacare" amounts to less than 2% of the Federal budget.

Yet 2/3 of the 15% of Americans who didn't have insurance will now have it.
Lie.. obamcare is a TAX plan, not an insurance plan..
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