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FOX NEWS: Tax Hikes 'Impossible' Under Debt Deal? Think Again ( Debt deal is indeed a BIG TAX HIKE!)
FoxNews ^ | August 01, 2011 3:20PM Eastern | Staff

Posted on 08/01/2011 11:06:13 AM PDT by Kevin in California

Edited on 08/01/2011 12:52:01 PM PDT by Admin Moderator. [history]

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To: STARWISE

Can you POSSIBLY be so uninformed as to belive this COMMISSION CN PASS TAX LEGISLATION ON IT’S OWN


101 posted on 08/01/2011 11:36:18 AM PDT by 101voodoo
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To: Kevin in California
Lucy (Dems) is holding the ball for Charlie Brown (GOP) again... and it looks like he hasn't learned a thing.

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...

102 posted on 08/01/2011 11:36:45 AM PDT by RedEyeJack
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To: null and void

103 posted on 08/01/2011 11:37:06 AM PDT by Thane_Banquo
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To: Hoodat

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.


104 posted on 08/01/2011 11:37:12 AM PDT by RockinRight (If we're "teabaggers" then they're "d-baggers.")
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To: MindBender26
FWIW, I'm not take the time to get my knickers in a knot about the headline :)

9 Reasons to Oppose Boehner 4.0 Debt Deal

105 posted on 08/01/2011 11:37:18 AM PDT by mewzilla (Forget a third party. We need a second one.)
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To: STARWISE

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.


106 posted on 08/01/2011 11:37:59 AM PDT by sanjuanbob (Festina Lente)
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To: Kevin in California
There's no tax hike in the bill.

The reason the Speaker is late is he has to explain to some air-heads that that is the case.

107 posted on 08/01/2011 11:38:04 AM PDT by what's up
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To: RummyChick

Good!!!! Why would the Republicans want their name on this piece of garbage. It does NOTHING to help the economy.


108 posted on 08/01/2011 11:38:22 AM PDT by jersey117
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To: 101voodoo

Did you miss the mechanism in the bill that Granny gets it if the commission can’t agree

6 dems
raise taxes

Granny gets it if a RINO doesn’t cave.

Plus this is all about monkeying around with the baseline.


109 posted on 08/01/2011 11:38:49 AM PDT by RummyChick (It's a Satan Sandwich - perfect for Obama 666)
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To: ilgipper

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.


110 posted on 08/01/2011 11:38:57 AM PDT by RockinRight (If we're "teabaggers" then they're "d-baggers.")
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To: Kevin in California

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.


111 posted on 08/01/2011 11:39:10 AM PDT by Thane_Banquo
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To: humblegunner

Well at least it’s not a blog!


112 posted on 08/01/2011 11:39:34 AM PDT by JerseyDvl (Sometimes the road less traveled.... is less traveled for a reason.)
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To: RummyChick
On Fox Business Channel too. Neil Cavuto says it's buyers remorse, especially about 'revenues'. Two White House spokesmen said 'revenues' are still part of the deal. Sen. Reid said Rep. Cantor was ok with 'revenues' but Rep. Cantor's office says that is false.

The House will take up the deal after 6:00 PM.

113 posted on 08/01/2011 11:39:38 AM PDT by relee ('Till the blue skies drive the dark clouds far away)
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To: JerseyDvl; humblegunner

“Well at least it’s not a blog!”

Yeah, but seems we used to have standards here.

Posting like this is Bull**it!


114 posted on 08/01/2011 11:42:31 AM PDT by right way right (Who that at my door?)
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To: paul51
There is no time to read it. We are in a crisis!!!

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.

115 posted on 08/01/2011 11:43:28 AM PDT by The Citizen Soldier (I will always remember exactly where I was when Obama made his NCAA picks.)
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To: what's up

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.


116 posted on 08/01/2011 11:43:55 AM PDT by pabianice (")
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To: Triple
a complaint that someone else posted something, well within the guidelines, that you didn’t like

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?

117 posted on 08/01/2011 11:44:12 AM PDT by humblegunner (The kinder, gentler version...)
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To: Kevin in California

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.


118 posted on 08/01/2011 11:45:21 AM PDT by txrangerette ("...HOLD TO THE TRUTH; SPEAK WITHOUT FEAR." - Glenn Beck)
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To: Kevin in California

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.


119 posted on 08/01/2011 11:45:33 AM PDT by C210N (0bama, Making the US safe for Global Marxism)
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To: Kevin in California

120 posted on 08/01/2011 11:45:36 AM PDT by South Hawthorne (In Memory of my dear Friend Henry Lee II)
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