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Old 01-01-2013, 04:43 PM
 
26,694 posts, read 14,561,042 times
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For every dollar from tax increase, there should be at least two dollar spending cut.

I won't agree to anything else.
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Old 01-01-2013, 04:46 PM
 
Location: Wappingers Falls, NY
1,618 posts, read 2,624,516 times
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Frankly we're better off doing nothing than taking the "deal." At least if we go over the cliff sequestration will impose real, serious spending cuts.
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Old 01-01-2013, 04:46 PM
 
Location: Long Island
57,263 posts, read 26,192,233 times
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Quote:
Originally Posted by lifeexplorer View Post
For every dollar from tax increase, there should be at least two dollar spending cut.

I won't agree to anything else.
Where are your $2 in cuts coming from?
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Old 01-01-2013, 04:47 PM
 
Location: Whoville....
25,386 posts, read 35,533,269 times
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Quote:
Originally Posted by npaladin2000 View Post
Frankly we're better off doing nothing than taking the "deal." At least if we go over the cliff sequestration will impose real, serious spending cuts.
I have to agree. Going over the cliff is preferred to a half arsed "deal" that fixes nothing.
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Old 01-01-2013, 04:49 PM
 
3,617 posts, read 3,883,042 times
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Quote:
Originally Posted by npaladin2000 View Post
Frankly we're better off doing nothing than taking the "deal." At least if we go over the cliff sequestration will impose real, serious spending cuts.
The sequestration is only going to be delayed 2 months.

Pocketing the permanent extension of the Bush cuts and lower estate/cap-gains rates for 99.5% of the population for a year of lengthened unemployment and a 2 month delay in sequestration is not a bad deal.....and anyway, spending cuts are going to inevitably be extracted through the debt ceiling, as they should be.
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Old 01-01-2013, 04:49 PM
 
10,553 posts, read 9,647,866 times
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Quote:
Originally Posted by lifeexplorer View Post
For every dollar from tax increase, there should be at least two dollar spending cut.

I won't agree to anything else.

That is exactly what the federal budget put forth by the White House for 2013 proposes:

"For every $1 in new revenue from those making more than $250,000 per year and from closing corporate loopholes, the Budget has $2.50 in spending cuts including the deficit reduction enacted over the last year."

And it specifies every detail of those cuts at the following link.

http://www.whitehouse.gov/sites/defa...assets/ccs.pdf

Budget Overview | The White House
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Old 01-01-2013, 04:50 PM
 
6,993 posts, read 6,336,992 times
Reputation: 2824
Quote:
Originally Posted by Ivorytickler View Post
It's a bad bill. We need to hold out for a good one. There is no sense in striking a deal that doesn't resolve the issue of the debt.
Just curious - were you this adamant about the "debt" issue when this country was hemorrhaging (borrowed) money to fight the Iraqi war?
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Old 01-01-2013, 04:50 PM
 
Location: S.E. US
13,163 posts, read 1,692,498 times
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Quote:
Originally Posted by lifeexplorer View Post
For every dollar from tax increase, there should be at least two dollar spending cut.

I won't agree to anything else.
Agreed, there should be, but Dems don't want spending cuts. Spending cuts = lost votes.

They've promised to talk about spending cuts "later"...that ploy worked once before and they didn't have to keep their promise, and didn't suffer any consequences (except drive up the debt burden on all of us), so they think it will work again. If the GOP doesn't have the courage to stand up for principle and what is good for the country, they'll be taken in again. You can't trust the left.

Spending is the problem!!
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Old 01-01-2013, 04:52 PM
 
Location: Long Island (chief in S Farmingdale)
22,184 posts, read 19,457,116 times
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What this deal does is deal with the tax cuts now and puts the spending issue for when that would become the immediate issue two months down the road when we reach the debt ceiling. The bill is far from perfect and spending will be dealt with, however the tax issue is more important at the moment because no action on that has an immediate impact no where little or no action on the spending side will have no impact for two months.
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Old 01-01-2013, 04:53 PM
 
Location: Wappingers Falls, NY
1,618 posts, read 2,624,516 times
Reputation: 1098
Quote:
Originally Posted by ALackOfCreativity View Post
The sequestration is only going to be delayed 2 months.
.
Just enough time to delay it further or eliminate it completely. They've been trying to do that ever since they found out it'll actually happen.
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