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This is from Feb. 1, but I havent seen a thread on it.
"...a vote to require that all new federal spending be paid for with budgets cut and/or tax increases.
"It’s called "Paygo," short for pay-as-you-go, a cardinal rule of fiscal responsibility. But every last U.S. Senate Republican — all 40 of them — gave it the old Roman thumbs-down last week. Earlier, the GOP senators voted "no" as the Senate approved an increase in the federal debt ceiling — never mind that the bulk of the debt was caused by two Bush-era tax cuts, two wars and a massive prescription drug plan, all unpaid for.
***
"...since at least some of these same Republicans have supported Paygo in earlier votes over the last five years and, given their perennial breast-beating about their dedication to fiscal responsibility, the stated fear of tax hikes has the strong odor of mendacity about it."
— never mind that the bulk of the debt was caused by two Bush-era tax cuts, two wars and a massive prescription drug plan, all unpaid for.
Please don't leave out the fact that a Dem controlled congress approved every single penny spent from 2006-2008, and that at least some Dems had to approve of every penny spent from 2001-2006.
In case you forgot, presidents cannot spend a single penny without congressional approval.
I know, it sort of screws up the Dems current BS of blaming everything on Bush and the Republicans.
So when does it go into effect..at Presdent's signature ?
Cause we have that government gift of $5K for each employee a company hires. Also included in that bill - employers do not have to pay SS payroll taxes on that new hiree.
So we give them $5K and exempt them from taxes. Where is the paygo for this one ?
Senate close to deal on credit for adding workers - Yahoo! News (http://news.yahoo.com/s/ap/20100204/ap_on_bi_ge/us_obama_taxes_jobs - broken link)
We would be surprised that the party of no, votes no?
Ahh look.. You dont understand why they voted no, do you?
With the paygo in effect, tell me how the stimulus bill would have been passed? Since you cant increase taxes $787B, nor can you cut spending $787B.. How exactly would you have funded the stimulus bill if indeed the paygo was a law at the time?
Republicans are avoiding the OP, and talking about the current budget.
Sorry fellas, the economy was messed up when this guy got into office. To get out of the mess created by the last guy y'all voted to the White House, we had to spend a little money.
Now, they are trying to prevent further screw ups in the future, and the "fiscal responsibility" party voted no on pay as you go.
Amazing, how deep are y'alls heads in the ground.
If I were a registered Republican, I'd be writing my Senator, and cursing him for not voting for this bill.
This is from Feb. 1, but I havent seen a thread on it.
"...a vote to require that all new federal spending be paid for with budgets cut and/or tax increases.
"It’s called "Paygo," short for pay-as-you-go, a cardinal rule of fiscal responsibility. But every last U.S. Senate Republican — all 40 of them — gave it the old Roman thumbs-down last week. Earlier, the GOP senators voted "no" as the Senate approved an increase in the federal debt ceiling — never mind that the bulk of the debt was caused by two Bush-era tax cuts, two wars and a massive prescription drug plan, all unpaid for.
***
"...since at least some of these same Republicans have supported Paygo in earlier votes over the last five years and, given their perennial breast-beating about their dedication to fiscal responsibility, the stated fear of tax hikes has the strong odor of mendacity about it."
Strange, Obama's budget is paid for through imaginary taxes via faux legislation that has not been passed.
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