Hoyer: Balanced Budget Amendment Would ‘Make it Virtually Impossible to Raise’ Taxes

CNSNews ^

[Sub-Driver]

Hoyer: Balanced Budget Amendment Would ‘Make it Virtually Impossible to Raise’ Taxes Wednesday, July 20, 2011 By Terence P. Jeffrey

(CNSNews.com) - House Minority Whip Steny Hoyer (D.-Md.) said on the House floor last night that if the balanced budget amendment Republicans are supporting is ratified and included in the Constitution it would make it “virtually impossible” to raise taxes.

“In order to pay our bills, Republicans would require us to pass a Constitutional amendment that would permanently enshrine their partisan budget priorities in law and make it virtually impossible to raise revenue,” Hoyer said.

The push for a balanced budget amendment is part of the Republican Cut, Cap and Balance plan. This plan would increase the federal debt limit by $2.4 trillion in exchange for cutting federal spending by $111 billion next year and for congressional passage of a balanced budget amendment that, if ratified, would require supermajority votes in Congress to increase taxes, increase the debt limit, or spend more than 18 percent of GDP in a given fiscal year.

Hoyer was evidently alluding to the amendment’s requirement that taxes could only be increased with a supermajority vote of Congress when he said the proposal would make it “virtually impossible to raise revenue.”

Hoyer also said that the House Republicans were using the proposal to appeal to an “extreme fringe”

[Sub-Driver]

He said it..........

[depressed in 06]

Duh!!!

[redflash]

Then So Be It!

[Cheerio]

Sounds like we are one the right track!!!

[nina0113]

That’s kinda the idea, Sten.

[vikingd00d]

>>House Minority Whip Steny Hoyer (D.-Md.) said on the House floor last night that if the balanced budget amendment Republicans are supporting is ratified and included in the Constitution it would make it “virtually impossible” to raise taxes.

I’m just not seeing the down-side to this.

[bopdowah]

So why would that be a problem?

Democrat-speak: “raising taxes” = Democrat voters sponging off others.

[BubbaJunebug]

The man is a regular Einstein......

[The Cajun]

Hoyer: Balanced Budget Amendment Would ‘Make it Virtually Impossible to Raise’ Taxes

Scares the crap out of you huh Rat *astard!

[Myrddin]

That's really good news. A super majority to raise taxes coupled with a requirement to balance the budget will make cutting excessive spending and unnecessary "programs" the preferred way to solve the problem. The same we most people deal with a revenue limit. The credit card is maxed out. There isn't room to steal more "revenue" with higher taxes without really killing the economy. The only viable solution is to cut spending and live within the revenues available.

[Rumplemeyer]

Very good Stinkey...no getting anything past you

[RabidBartender]

"...would require supermajority votes in Congress to increase taxes, increase the debt limit, or spend more than 18 percent of GDP in a given fiscal year."

Yes, Yes, and Yes. Please.

[JRios1968]

[Mad Dawgg]

"Hoyer: Balanced Budget Amendment Would ‘Make it Virtually Impossible to Raise’ Taxes"

Yeah and if that passes and Abortion is made illegal the Democrat Party is all but a memory!

[tcrlaf]

And this is a problem EXACTLY WHY, Mr Hoyer???

[Marathoner]

That’s the point, Steney!

[Colonel_Flagg]

House Minority Whip Steny Hoyer (D.-Md.) said on the House floor last night that if the balanced budget amendment Republicans are supporting is ratified and included in the Constitution it would make it “virtually impossible” to raise taxes.

He says this like it's a bad thing.

[Sir Napsalot]

Dim Bulb does not describe it.

We need more descriptive terms.

[HOYA97]

...and thats bad because??

[screaminsunshine]

Obama can not veto a constitutional amendment. It goes to the states for ratification. It comes out of Congress and is sent out to the States for ratification. The President has no say. No standing.