Posted on 03/03/2009 10:43:50 AM PST by NormsRevenge
WASHINGTON – President Barack Obama's top economic officials on Tuesday vigorously defended tax hikes in the administration's $3.6 trillion budget against Republican claims that they would affect nearly all Americans.
Treasury Secretary Timothy Geithner and White House Budget Director Peter Orszag, in separate appearances on Capitol Hill, stuck to the administration line that the president's budget would benefit 95 percent of working Americans.
Higher taxes for affluent Americans would not come until 2011 once "we are safely into recovery," Geithner told the tax-writing House Ways and Means Committee.
"I'm confident this is the right path for the country," Geithner said.
(Excerpt) Read more at news.yahoo.com ...
que Barry McGuire
The Eve of Destruction
http://www.youtube.com/watch?v=D8SfiCnwF28
FoR old times sake.. ;-)
STOP FISCAL STORMING!!!
They never had minds to lose in the first place.
I’m confident this is the right path for the country,” Geithner said.
What?....right into the shitter?
ping
I’m confident this is the right path for the country,” Geithner said.
What?....right into the shitter?
Stop fiscal storming.
I’m confident this is the right path for the country,” Geithner said.
What?....right into the crapper?
Doesn’t seem as though this administration has any understanding of the economy. This is just not the time to raise taxes on anything.
They have lost their minds! I’m convinced of it.
Doesn’t seem as though this administration has any understanding of the economy. This is just not the time to raise taxes on anything.
The south defended slavery as a way of life too.
Fact we went to war over it.
Straight out of the mouth of a tax cheater. He's CON-fident.
These pathetic yes-men in BO’s cult have chosen to drink the kool-aid, committing financial and political suicide in the process.
Don’t recall any nation ever taxing themselves into prosperity. Da Gubment want to take mo money of yawrs kaws dahs want to spend it on der friends.
Straight out of the mouth of a tax cheater. He's CON-findent.
Obama is going to double foreign aid....all with borrowed money.
http://www.newsmax.com/newsfront/obama_foreign_aid/2009/03/02/187543.html?s=al&promo_code=7B56-1
President Obamas 2010 budget seeks to double U.S. aid payments to other countries despite a $1.75 trillion deficit and the worst recession in over a quarter of a century.
Israel ($2.4 billion in 2008) and Egypt ($1.7 billion), the two signatories to the Camp David Accords, receive by far the most U.S. foreign aid. Other major recipients include Pakistan, Jordan, Kenya, South Africa, and Mexico.
corporations don’t pay the taxes, they pass them on to customers. So you will pay the new taxes ‘on the rich’ indirectly.
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