So you want them to pass a bunch of separate bills cutting taxes for each marginal rate group? They would get consolidated eventually anyway, doesn't seem like a very effective way of advancing legislation.
And even f you could do this two-bill on the same thing approach, why would it even get through the senate? For theater of the veto? You do know he's not running in 2016. What is the point of doing it at all? To help out douchebag republicans who, lest you forget, signed on to this deal in the first place? In return for what?
I assume the lower rate bill would get through the Senate, since Obama says he wants to keep the lower rates the same. The higher rate would expire and go up, but the GOP would be on record opposing it.
The record is overwhelmingly clear in terms of how much GOP favors lower taxes, especially those for the rich - not sure why we need an incremental 5 billionth example.
This is BS. Every proposal actually calls for an increase in entitlements but at a slower rate. Chained CPI won't eliminate pay down the $16 trillion debt. They still have to increase the debt ceiling by the deadline, if these proposals go down. They will need to increase the deadline, a 2nd time, in a few months. Every few months, it will be another increase. Current goverment spending is $1.1 B to $1.2 B. Over the next 10 years, that's $12 B added to the $16 B debt. If we take out the $2-4 billion supposed savings, the debt has increased to $24 billion at best(12+16-4=24). Cut Medicare, cutPart D giveaway, cut social security, cut crop insurance, cut welfare, cut 99 week unemployment.
The goal isn't and shouldn't be to "pay down the debt". The idea is to get it under control and stable or shrinking as a percentage of GDP. $10 in debt if you make $20 is not as bad at $5 in debt if you make $8, even though it's twice as much debt.
Me too. I make far less than even the $250,000 that Obama initially proposed and I would be more than willing to kick in a bit more to close the deficit. Add to that the mandatory cuts in defense and we might reduce the deficit to a much more manageable level.
I have a good suggestion for the GOP members of congress. Block all reasonable proposals and stall it out. Seems to have been a winning strategy the past four years.
I'd be fine on the tax side. But the auto-spending-cuts are pretty terrible. They are designed to be crappy to force people to do something different.
it's time to be responsible mr. presidebt: <object height="340" width="545" data="http://l3cdn.iqmediacorp.com.c.footprint.net/SWFs/iqmedia_player_resize_cdn_v1.1.swf" type="application/x-shockwave-flash" name="HYETA" id="HUY"><param value="http://l3cdn.iqmediacorp.com.c.footprint.net/SWFs/iqmedia_player_resize_cdn_v1.1.swf" name="movie"><param value="true" name="allowfullscreen"><param value="always" name="allowscriptaccess"><param value="high" name="quality"><param value="transparent" name="wmode"><param value="embedId=8655e7de-613f-46ff-a70b-37b1e8881f61&autoPlayback=FALSE" name="flashvars"></object>
Yeahhh that there good ol' "he's to blame if nothing happens!" strategy is a good one...it was especially effective when the democrats used it on the republicans, because they have all the leverage. I hope republicans decide to get serious about this fiscal cliff and start implementing the ideals this country voted for. *rushes away from podium*
The American people voted for Obama. They could have chosen your boy, they could have voted green, hell they could have put Vermin Supreme into office, but they didn't. This country threw its weight behind Dear Leader and the sooner you learn to accept that, they better off you'll be. I also just noticed your new little nickname for our president, the presidebt, clever. Hey, why don't you call him "The Once" anymore ? Spoiler
I agree that paying down the debt doesn't need to be the goal. But I don't see why it would be such a bad idea. Less debt does mean that more revenue can go to running the government rather than making interest payments.
No, they didn't. More people voted for Dems in the House than Republicans. The only reason there is "status quo" in the House is redistricting - and even then, the GOP lost seats. But the people voted pretty heavily against the GOP. But it's amusing that you think Boehner's solution of a tiny amount of tax hikes and no spending cuts is a helpful solution to reducing the debt.
