Democrats Dump $4 Trillion MORE on Top of Our $16 Trillion Debt (dollars, economy)
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Did you even read the article? You Cons need to make up your minds, do you support tax cuts or reducing the debt? That $4trillion you are trying to blame Obama with is the extension of the tax cuts for everyone making under $450K and the extension of the alternative minimum tax.
If you Cons would of gotten everything you wanted that number would of been much higher, so you guys really need to make up your minds and get your story straight if you don't want to look like idiots trying to spin a turd.
Did you even read the article? You Cons need to make up your minds, do you support tax cuts or reducing the debt? That $4trillion you are trying to blame Obama with is the extension of the tax cuts for everyone making under $450K and the extension of the alternative minimum tax.
If you Cons would of gotten everything you wanted that number would of been much higher, so you guys really need to make up your minds and get your story straight if you don't want to look like idiots trying to spin a turd.
The so-called "Bush tax cuts" expired at 11:59:59 PM last night.
By the way Bush hasn't been in office since January 2009.
You're right, Obama inherited the Bush tax cuts and then bent over backwards and extended them with Republicans strongarming him thanks to the Democrats losing control over the House. So again, thanks Republicans, the country loves picking up your mess.
Raising taxes and reducing spending is the easiest way to balance a budget. This article is about the debt that will be added by extending tax cuts only.
The liberals refuse to balance the budget before then so this is the best we can give you.
If it were up to reasonable conservatives the budget would be balanced by Thanksgiving.
What exactly do you think the Fiscal cliff is ? its 400 billion dollars in across the board cuts to try and balance the budget. You and your responsible conservatives dont seem to realize that what you are arguing causes recessions.
Balanced budgets can be made, but it takes time and no, not 18 years. The progressive caucus put their plan on their site, I Believe it balanced the budget by 2020. The "Blue Dog" democrats did it by 2016. obviously alot can happen by then, but thats 2 democratic plans right there, i think you and conservatives disagree with how they get there.
The point is, there is huge difference between "The liberals refuse to balance the budget before then so this is the best we can give you. " and you simply not liking the liberal/democrats plan.
by the way, not all democrats are liberals. Im assuming you are using "liberal" as a blanket term for Dems, it would be better suited the other way around.
Raising taxes and reducing spending is the easiest way to balance a budget. This article is about the debt that will be added by extending tax cuts only.
50% true. Reducing spending is correct.
Raising taxes in the long term won't do anything.
Tax revenue is consistently 16%-21% of GDP. You want higher revenues, you need to raise GDP. You raise GDP by lowering taxes which would entice people to invest more money rather than hide their money.
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