Skip to comments.FOX NEWS: Tax Hikes 'Impossible' Under Debt Deal? Think Again ( Debt deal is indeed a BIG TAX HIKE!)
Posted on 08/01/2011 11:06:13 AM PDT by Kevin in CaliforniaEdited on 08/01/2011 12:52:01 PM PDT by Admin Moderator. [history]
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Can you POSSIBLY be so uninformed as to belive this COMMISSION CN PASS TAX LEGISLATION ON IT’S OWN
Dems are just doing what they always do... Tax Republicans and spend on Dem constituents. The reason there is no budget in FY 11 is because it allows them to keep spending at FY 10 levels (think stimulus) and now we find that stimulus spending is going into the baseline for FY 12. We need someone who can out smart these criminals...
Not really...did anyone REALLY think that we were going to get real spending reform with the Dems in control of the Senate and White House?
IMHO this doesn’t help the Dems that much, but nor does it hurt them.
What hurts them is Obama’s 40% approval rating, 1.4% GDP growth (likely to be revised down), and unemployment over 9%.
NO debt deal was going to improve that between now and fall 2012.
Time to slow down, read the bill in its entirety and pause to consider the future of the country. Birthday party has to be on the back burner.
The reason the Speaker is late is he has to explain to some air-heads that that is the case.
Good!!!! Why would the Republicans want their name on this piece of garbage. It does NOTHING to help the economy.
Did you miss the mechanism in the bill that Granny gets it if the commission can’t agree
Granny gets it if a RINO doesn’t cave.
Plus this is all about monkeying around with the baseline.
Agreed - the problem was the Donks didn’t want their Dear Leader to have to face this in his re-election and refused to approve any deal that exposed him to that.
Sad thing is, I don’t think it’ll matter much for Obozo.
Any increase in national debt is by nature a tax increase. All debt must eventually be paid by tax revenues. The amount tax revenues must increase, in present value terms, is equal to the increase in the debt. Debt = taxes. Law of Economics.
Well at least it’s not a blog!
The House will take up the deal after 6:00 PM.
“Well at least its not a blog!”
Yeah, but seems we used to have standards here.
Posting like this is Bull**it!
Let's see... this is crisis number four or five since Obummer was elected. Always last minute crisis, eliminating time to be reasonable. Every Representative and Senator should be required to visit their district before passing any bill. Tired of "back-room" deals made in D.C.
Anyone else hear about the bill including free (tax-paid) birth control for the asking and again cutting Medicare payments to doctors? A partner in my doctor’s practice just announced he will not take any new Medicare patients.
Like or dislike doesn't enter the equation.
It's unsourced hear-say. Would you be in favor of everyone posting threads about something they saw on TV?
Shannon Bream is a nitwit.
Fox is into sensationalism.
That said, what she said - if your report is accurate - is speculative.
As yet - as of your post about it - the supposed tax hike in the agreement is unidentified.
Her statement on why Speaker Boehner is late is guesswork...she had nothing to back it up.
Another post says the vote is postponed because the deal doesn’t have the votes.
That could be why Boehner was late...but no, the nitwit Shannon Bream guessed it was because a big tax hike was hidden in plain sight in the deal and was suddenly discovered.
I’ll wait before reacting.
Almost by definition, $Trillions more in debt *IS* a tax increase. You need to include who is being taxed when defining more debt as a tax. In this case, the tax is on our kids, their kids, and their kid’s kids.
And I’m not kidding.