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The Washington Post article is not accurate. Take a look at who they say controlled the House.
According to the article it shows the Republicans controlled the House from 1980 through 1995, and the Democrats controlled the House from 1995 through 2007, and then the Republicans were in control of the House again from 2007 through 2011. The reality is exactly the opposite of what the Washington Post published.
Additionally, they are "cherry picking" their data. The Debt Ceiling did not begin in 1980, but rather with the Second Liberty Bond Act of 1917. This is the complete list:
Financial experts have said we need to cut spending and increase revenue through tax increases, both of which the President is trying to get done. Meanwhile, the GOP are taking pledges wedging themselves in to ridiculous positions.
They really aren't wedging themselves into a ridiculous position. Raising taxes will have litte impact on the debt. History has shown when taxes are raised, politicians simply spend more. Increasing taxes will have minimal to no impact on the debt.
The left continuously claims we need to spend our way out of this recession. There isn't a more effective way to boost consumer spending than to allow people to keep more of what they make. We have seen how inefficient movement spending is in creating jobs. Simply look at the cost per job generated by stimulus.
Finally can someone please point to one concrete spending cut that has been offered by Obama. There is none. This is a typical Washington game. Increase taxes and well have some vague spending cuts down the road. We need to end this cycle.
Please tell me you are too young to post here because I refuse to believe anyone old enough to vote, doesnt know that Congress is the House and the Senate..
Nice..Answers.com..I'll make sure I tell Senator Pelosi.
You're simply wrong. Congress is made up of the House of Representatives and the Senate. Harry Reid has refused to bring a budget up for a vote in 2 years.
They really aren't wedging themselves into a ridiculous position. Raising taxes will have litte impact on the debt. History has shown when taxes are raised, politicians simply spend more. Increasing taxes will have minimal to no impact on the debt.
The left continuously claims we need to spend our way out of this recession. There isn't a more effective way to Boston consumer spending than to allow people to keep more of what they make. We have seen how inefficient movement spending is in creating jobs. Simply look at the cost per job generated by stimulus.
Finally can someone please point to one concrete spending cut that has been offered by Obama. There is none. This is a typical Washington game. Increase taxes and well have some vague spending cuts down the road. We need to end this cycle.
From the Hill:
Obama directed the Defense Department and other national-security agencies to slash $400 billion by 2023.
From the New Republic:
The most ambitious proposal Obama has put forth is a “grand bargain” that would reduce net deficits by more than $4 trillion over the next ten years, primarily through spending cuts that would affect virtually every aspect of federal operations.
Nice..Answers.com..I'll make sure I tell Senator Pelosi.
Pelosi is not a senator.
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