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Obama Unveils Deficit Plan Containing $1.5T in Tax Hikes, GOP Cringes
Fox News ^ | 19 September 2011 | Fox News

Posted on 09/19/2011 9:04:35 AM PDT by New Jersey Realist

President Obama, drawing immediate condemnation from congressional Republicans, unveiled a new deficit reduction plan Monday anchored by $1.5 trillion in new taxes.

The president, announcing a plan in the Rose Garden that includes more than $2 trillion total in entitlement cuts and tax increases over the next decade, rejected demands made last week by House Speaker John Boehner. The speaker had said tax hikes should be off the table as a newly formed bipartisan committee meets to extract long-term deficit savings.

Read more: http://www.foxnews.com/politics/2011/09/19/obama-to-present-balanced-plan-to-tackle-deficit/#ixzz1YPm5ab8A

(Excerpt) Read more at foxnews.com ...


TOPICS: Breaking News; Business/Economy; Government
KEYWORDS: audacity; bhofascism; democrats; obama; taxes
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To: New Jersey Realist

The headline should say, “GOP Laughs”.


61 posted on 09/19/2011 12:44:43 PM PDT by Lancey Howard
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To: Dubya-M-DeesWent2SyriaStupid!

This is an opportunity for the GOP to take its stand and try to accomplish something good and show what obama is all about.

This could work for them if they could prove that they can do what we need.


62 posted on 09/19/2011 12:45:43 PM PDT by metmom (For freedom Christ has set us free; stand firm therefore, & do not submit again to a yoke of slavery)
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To: New Jersey Realist

63 posted on 09/19/2011 12:46:54 PM PDT by Lancey Howard
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To: Eric in the Ozarks

No, his middle name is Hoover.

Barack Hoover Obama.

Tax hikes during a depression? This guy is nuts!


64 posted on 09/19/2011 1:26:39 PM PDT by WOSG
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To: New Jersey Realist
Obama is INSANE.

Barak INSANE Obama.

Don't doubt this.

65 posted on 09/19/2011 1:35:03 PM PDT by Musketeer
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To: New Jersey Realist

“Fair share should include EVERY American. Let’s see what zero has to say about taking away some food stamps from his welfare crowd. “

Which is why he will never do it.
“fair” is code for “redistribution of wealth from Republicans to Democrats”.


66 posted on 09/19/2011 1:40:51 PM PDT by WOSG
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To: mel

His chief of staff Daley via Soro’s and the chicago mob


67 posted on 09/19/2011 3:23:29 PM PDT by Dubya-M-DeesWent2SyriaStupid! (Cash for clunkers, subsidies - none has worked. The left =one-trick pony on the economy $pend)
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To: Jim Robinson

68 posted on 09/19/2011 3:43:24 PM PDT by Evil Slayer (Onward, Christian soldiers, marching as to war)
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To: Catsrus
Hot foods...I'm seeing more and more restaurants here in THE Freak State (Maryland) accepting food stamps cards. Maybe the losers are only ordering cold hordourves?
69 posted on 09/19/2011 6:26:23 PM PDT by hal ogen (First Amendment or Reeducation Camp?)
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To: New Jersey Realist

Obama Says You Don't Raise Taxes In A Recession


70 posted on 09/19/2011 8:07:39 PM PDT by Brown Deer (Pray for 0bama. Psalm 109:8)
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To: New Jersey Realist
Photobucket

Photobucket
71 posted on 09/19/2011 8:15:06 PM PDT by Tzimisce (Never forget that the American Revolution began when the British tried to disarm the colonists.)
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To: WOSG

I just want to say( and I’m new here) that we are in a terrible economic collapse and this fool is wanting to RAISE TAXES? You can’t make that up.To play class warfare politics with millions out of work!! I think he should be impeached forthwith!!


72 posted on 09/19/2011 8:30:53 PM PDT by mplunk
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To: All
If Obama needs more money, then get it from this crowd:

It's Free - Swipe your EBT (Warning - Explicit)

73 posted on 09/19/2011 9:24:43 PM PDT by Art in Idaho (Conservatism is the only hope for Western Civilization.)
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To: Dubya-M-DeesWent2SyriaStupid!

Uh, $500 billion in alledged spending cuts...said cuts to happen maybe 10 years from now. And $1,500,000,000 in new taxes, enacted pronto.

Well, that should pull the now semi-socialist/fascist economy out of the socialist (permanent recession) state it is in.


74 posted on 09/20/2011 6:58:18 AM PDT by OldArmy52 (Obama, the most corrupt and incompetent President since Carter.)
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To: NCC-1701

Warren Buffett complains his taxes are too low.
B.S.
I don’t see Buffett handing out money to working class folks.

Nor paying extra tax as he has a right to do.

Instead Buffett is trying his hardest to avoid the additional taxes he was assessed.

Goes to show that one can be a savy super-rich Democrat and still be a horse’s asse.


75 posted on 09/20/2011 7:03:09 AM PDT by OldArmy52 (Obama, the most corrupt and incompetent President since Carter.)
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To: NRG1973
" ... its a jobs bill. That is, its meant to save 2 jobs...his own and the Vice President’s."

I disagree - if he thinks it will gain him 2 more votes, Biden will be gone in a New York minute. It's about 1 job ...

76 posted on 09/20/2011 7:44:38 AM PDT by In Maryland ("If stupidity got us into this mess, why can't it get us out?" - Mark Twain)
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To: New Jersey Realist

77 posted on 09/20/2011 8:15:16 AM PDT by SparkyBass
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