Posted on 07/19/2011 11:10:16 AM PDT by freespirited
Bingo! Great post.
Sounds like wishful thinking ... until we have a GOP Senate and WH.
“deliver real deficit savings in entitlement programs over 10 years”
Why, praytell, are we supposed to believe this?
Gee. $3.7T. Where have we heard that number before?
The 2012 0bama budget proposal that was rejected unanimously:
http://www.whitehouse.gov/sites/default/files/omb/budget/fy2012/assets/budget.pdf
0bama’s $3,800,000,000,000 budget request:
“The complexity of (his) budget make the numbers difficult to verify.”
“Overall, the debt would grow under his plan from just over $14 trillion now to nearly $21 trillion in five years.”
http://www.washingtontimes.com/news/2011/feb/14/obama-unveils-37-trillion-budget-blueprint/
“deliver real deficit savings in entitlement programs over 10 years”
Why, praytell, are we supposed to believe this? And why 10 years? It’ll give us tax hikes right away, no doubt. I’ll never understand, outside of vote-grabbing, why cuts can’t come right away, too. Then again, I really don’t need any alternative explanation than vote-grabbing.
If we send it, they will spend it.
LLS
“The dems would never be able to go after Republicans on taxes again. They’d be cutting them for the “rich” even more than Bush did. It would pretty much be going back on their entire ideology.”
What are you talking about? No amount of facts can dislodge Dems as the party of “the little guy” and Pubs as lackies of Big Business Fat Cats. No matter how much Wall Street money fills Obama’s coffers, no matter how progressive Pubs make their tax rates, no matter how much raising taxes hurts the lowly Forgotten Man, nothing will change.
Politico covers this ‘DarkHorse’ lovefest but ignores ‘Fast and Furious’.
“Simplify the tax code by reducing the number of tax expenditures and reducing individual
tax rates, by establishing three tax brackets with rates of 8–12 percent, 14–22 percent,and 23–29 percent.”
“Simplify the tax code by reducing the number of tax expenditures and reducing individual
tax rates, by establishing three tax brackets with rates of 8–12 percent, 14–22 percent,and 23–29 percent.”
“Simplify the tax code by reducing the number of tax expenditures and reducing individual
tax rates, by establishing three tax brackets with rates of 8–12 percent, 14–22 percent,and 23–29 percent.”
“So, instead of going a further $17 trillion into debt in the next 10 years, we’ll only go $13.3 trillion more?”
No, like always, they’ll see the $3+ trillion, if it actually comes to pass, as a cushion for criticism of the perpetual motion machine that is the U.S. budget. In fact, they’ll see it as their duty to spend even more than they were otherwise going to to make up for the cuts. That’s how it works. And you can’t say anything about it, cause, hey, they gave you your cuts, you greedy Fat Cat.
“Hold on there, pal. What are you complaining about? I know debt is bigger than annual GDP, but we cut out $3 trillion, so you have nothing more to say to us.”
“including shifting to a new consumer price index to make cost-of-living adjustments to Social Security. “
I’ve read this can cut SS payments by as much as $700 per month. If so, R’s will get the blame on this, and it will sink the R party for decades to come.
The Dems and the media will posture it as if the R’s shifted money from the “lockbox” to kill Granny for the rich.
I don’t expect I will ever see SS. I never expected to really “retire” in any sense of the word either, but there are going to be a ton of folks already on fixed income, who have given everything to this nation, who are going to be hurt like no tomorrow.
If I understand correctly, yes, something like that.
Do you recall where you read that? My understanding is that it affects only the cost of living increase. For example if the increase would be 3% under the current method of calculation, it might be reduced to 2.2% under the new one. That will lower benefits, but hardly by 700 bucks a month.
I don’t get it either. How can Coburn expect anyone to take his plan if he’s so quick to jump ship?
“raise as much as $1 trillion.”
You taxes will rise to meet your share of that.
Oh, but they mis-printed “at least” LOL!
It’s a perfect beltway answer: more spending, more debt. more promises.
This is our last chance to save the republic. No debt extension. Cut govt off.
Like you, I'm suspicious.
But where in the article does it say they plan to raise taxes on anybody?
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