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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!!
I just posted a link to the spending cuts proposed by the White House a few posts above: $2.50 for every $1 tax increase.
Why are you are all ignoring the facts and talking in generalities when the specific cuts are outlined in detail in 213 pages that all of you can read if you want?
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.
They have not had a real budget in 4 years, why do you expect that in 2 months it will be any different.
There was an overall increase in estate and capital gains taxes.
Just goes to show, that the House could care less about middle america. This proves that Republicans have always wanted big tax increases. They deserve to lose the house come next election.
Wanting to not raise taxes on small business that employ the majority of people in the nation proves that the GOP could care less about middle America? Not wanting to add another 4 trillion in debt that American taxpayers will be liable for is proof that the GOP could care less about middle America?
There's more to the situation than simply keeping a lower tax rate for lower incomes. Try to look at the overall situation rather than just Obama's sound bites. If we take more money from employers and then extend distributing money to the unemployed, exactly when do you suppose those unemployed are actually going to find jobs? Use your head.
I just posted a link to the spending cuts proposed by the White House a few posts above: $2.50 for every $1 tax increase.
Why are you are all ignoring the facts and talking in generalities when the specific cuts are outlined in detail in 213 pages that all of you can read if you want?
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.
Defaulting on the debt would be even more injurious than letting the tax cuts expire. Obama isn't going to play ball this time. He will invoke the language of the 14th Amendment to avoid default. The best way to reduce the deficit is to get the economy rolling again. Increased revenues will flow from economic activity. Fight after silly fight is slowing that process.
Those cuts have not been passed or implemented, and the accounting is questionable anyway.
Why are you ignoring the fact that there are hardly any cuts in this proposed "deal" that will hopefully tank?
Want to know what serious cuts are? Sequestration. Know how I can tell? Because neither party actually wants them.
Nevertheless those of you who claim that the President hasn't offered any cuts to the federal budget are lying. He has. It's there in black & white for Congress to vote on.
How do you know what cuts are being proposed in the "deal"? Can you post a link ?
Wanting to not raise taxes on small business that employ the majority of people in the nation proves that the GOP could care less about middle America? Not wanting to add another 4 trillion in debt that American taxpayers will be liable for is proof that the GOP could care less about middle America?
There's more to the situation than simply keeping a lower tax rate for lower incomes. Try to look at the overall situation rather than just Obama's sound bites. If we take more money from employers and then extend distributing money to the unemployed, exactly when do you suppose those unemployed are actually going to find jobs? Use your head.
The VAST Majority of small business's do not have taxable incomes of $450,000 or even $250,000.
Location: Currently I physically reside on the 3rd planet from the sun
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Quote:
Originally Posted by ALackOfCreativity
This is dumb, the Republicans should force through cuts come hell or high water, but the place to do so is with the debt ceiling, not here.
The senate bill is the obvious "this-is-where-it-will-end-up" point. The House doesn't have leverage to do better here, but will with the debt ceiling -- they need to keep their drat powder dry for the next couple months.
Can they?
Use the debt ceiling to hold that bleeps feet to the fire?
Funny how those attempting to act responsibly for our best interest are demonized and those who pretend the party never stops and no one has to pay for it are lauded as the publics hero.
Reminds me of parents trying to teach their children responsibility - oh wait, it makes perfect sense now. Government has spent the last 30+ years destroying the family and hampering parents ability to raise their children responsibly.
Good for the House. The Senate bill was a joke, and did virtually nothing to address the problem of overspending.
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