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I suspect the House would deal if a Balanced Budget Amendment was included. That would prove this POTUS and Senate were willing to be fiscally responsible moving forward.
I could support a balanced budget amendment if it wasn't the one the GOP is pushing right now. If they changed the amendment to allow for spending cuts and tax increases to both take place with only a simple majority, then I'm all for it. I can't support the current GOP balanced budget amendment.
They are the one's walking away from a $4 TRILLION DOLLAR DEFICIT REDUCTION DEAL THAT IS ONLY 15% TO 20% REVENUE RAISING AND 80% TO 85% REDUCTIONS FEDERAL SPENDING.
The deal that is on the table clearly has more spending cuts than revenue increases and the Republican are so tied to their "We won't accept ANY taxes increases ideology" that they are willing to compromise the full faith and credit of the United States in the world financial markets.
Now who is REALLY being the CHILD here?
again, raising taxes will not increase revenues to the government, quite the opposite in fact. it has been shown time and time again.
Quote:
Originally Posted by ovcatto
Ding Dong!
The Affordable Health Care Act REDUCES the deficit by $143 billion over the next ten years and $1.2 trillion over the following decade!
Pres walks and per Cantor says, "Don't call my bluff, I will take this to the American people". Good for the Pres, even Cantor's version shows Cantor up for the Putz that he is.
Did Obama run out and give the thumbs up to the press and scream "winning"? He is acting awfully like a nut who did just that. Between the little things like not knowing the date and big things like this,I'm a little concerned the guy has a problem.....,,,,,
Did Obama run out and give the thumbs up to the press and scream "winning"? He is acting awfully like a nut who did just that. Between the little things like not knowing the date and big things like this,I'm a little concerned the guy has a problem.....,,,,,
Obama does have a problem, he's negotiating with spoiled brats who are throwing a fit because they can't get 100% of what they want. That's the problem. That's the frustration.
They are the one's walking away from a $4 TRILLION DOLLAR DEFICIT REDUCTION DEAL THAT IS ONLY 15% TO 20% REVENUE RAISING AND 80% TO 85% REDUCTIONS FEDERAL SPENDING.
The deal that is on the table clearly has more spending cuts than revenue increases and the Republican are so tied to their "We won't accept ANY taxes increases ideology" that they are willing to compromise the full faith and credit of the United States in the world financial markets.
Now who is REALLY being the CHILD here?
$400 Billion a year....from a budget of $4 Trillion? Please.
So...another leftist advocating a huge tax increase right in the middle of this abysmal obama recovery. When will you people learn...never works, makes it worse.
Quote:
'This May Bring My Presidency Down, but I Will Not Yield' on No Short-Term Extensions
We can only friggin hope.
Let's see him veto a short term debt extension. Let's see it.
The "adult" in the room took his peas and went home.
Capitalist will sell us the rope with which we will hang them.
~Lenin~
Meaning when all the wealth concentrates in the hands of a few the pitchforks, bats, computers, visa cards, DVDs, tools, etc will be used to kill them. It won't be guns because they'll make sure you don't have those when it gets to that point.
The sad part is that the rich people didn't steal the wealth from them. The poor people literally ran in droves to wally world to give it to them.
The only logical conclusion is an equilibrium and that just isn't going to happen. Humans with the ability to take in more resources are the compressor (no, not oppressor) in the HVAC system. They'll try to concentrate the energy (money) within themselves. They'll have to spit that back out in order to keep order. If they don't, the energy (money) will concentrate and the compressor (the rich people) and it will go out on high pressure overload (like a blockage at the metering device).
There was no compromise in running the spending UP - why should there be compromise in getting it back DOWN?
But if compromise is what it takes, how about we put obamacare on the table? That's the kind of compromise people would get behind.
Repealing the Affordable Care Act would add to the deficit.
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Debt ceiling options
