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Pelosi to supercommittee Republicans: Tax the rich to avoid defense cuts
The Hill ^

Posted on 11/17/2011 11:20:30 AM PST by Sub-Driver

Pelosi to supercommittee Republicans: Tax the rich to avoid defense cuts By Mike Lillis - 11/17/11 12:04 PM ET

If Republicans wish to avoid defense cuts, House Minority Leader Nancy Pelosi warned Thursday, they should agree with Democrats to tax the rich.

The California Democrat accused Republicans of feeling more bound to the anti-tax pledge of Grover Norquist, head of the conservative Americans for Tax Reform, than to their oath to serve and defend the country.

“The sequester is what it is,” Pelosi said during a press briefing in the Capitol, referring to the $1.2 trillion in automatic cuts that would be triggered if the supercommittee fails to agree to that amount in deficit reduction over the next decade.

“There are some who think or have suggested that the oath to Mr. Norquist is more important than other oaths that members take.”

The automatic cuts would be split between defense and domestic programs. A number of leading Republicans, as well as Defense Secretary Leon Panetta, have warned that Pentagon cuts of such magnitude would cripple the country’s defense capabilities.

Pelosi on Thursday said Democrats are no less concerned with the nation’s strength — both in terms of defense and domestic affairs. But the entire idea behind making the automatic cuts so unattractive, she noted, was to force the supercommittee members to make the tough choices required to reach a deal.

“The thought with sequester is that we’re all very concerned about our national defense and the strength of our country, whether it’s measuring the health and education [and] well-being of our people on one side of the sequester, and as it is measured in our military strength,” she said.

“We would rather there be a better way to do this. But if you refuse … to take one red cent from the wealthiest people in our country and the price we have to pay is the diminished defense and the diminished strength of our country, I think that something is [wrong] here.

“That could be avoided,” Pelosi said, if supercommittee Republicans would agree to a broader plan that brings tax-revenue increases in closer balance to the domestic cuts the Democrats have laid on the table.

“One might judge that the Republicans are more concerned about not taxing anymore,” she said.

Pelosi’s remarks arrive as Democrats are feeling they have the upper hand as the supercommittee scrambles to find $1.2 trillion in deficit savings by Nov. 23 or trigger the automatic cuts.

Last week, Republicans on the supercommittee offered a plan to hike tax revenues by $250 billion as long as the Bush-era tax cuts were expanded and extended.

Pelosi on Thursday rejected that plan outright.

“If the plan is to extend the Bush tax cuts, and to repeal the Medicare guarantee for our seniors, well that’s not balanced and that’s a place we cannot go,” she said.


TOPICS: News/Current Events; Politics/Elections; US: California
KEYWORDS: california; corruptelosi; cuts; defense; nancypelosi; pelosi; princessnancy; rich; supercommittee; tax; taxes
Tax her........
1 posted on 11/17/2011 11:20:33 AM PST by Sub-Driver
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To: Sub-Driver

pelozi could be prosecuted...NO law exempting!...
http://www.breitbart.tv/law-prof-pelosi-could-be-prosecuted-under-existing-insider-trading-law/


2 posted on 11/17/2011 11:22:20 AM PST by biggredd1
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To: Sub-Driver

Hell is TOO GOOD for this Female DOG!


3 posted on 11/17/2011 11:22:34 AM PST by US Navy Vet (Go Packers! Go Rockies! Go Boston Bruins! See, I'm "Diverse"!)
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To: Sub-Driver

How about a 100% tax on the loot Pelosie got from Visa?


4 posted on 11/17/2011 11:23:06 AM PST by MNJohnnie (Giving more money to DC to fix the Debt is like giving free drugs to addicts think it will cure them)
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To: Sub-Driver

Pelosi to supercommittee Republicans: Tax the rich or I’ll shoot this kitten!


5 posted on 11/17/2011 11:24:16 AM PST by apillar
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To: Sub-Driver

couldn’t be more predictable. happy boehner?


6 posted on 11/17/2011 11:24:32 AM PST by dadfly
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To: Sub-Driver

How about Pelosi returning the insider trader money she got per 60 Minutes?

Corruption thy name is DC politician(s).


7 posted on 11/17/2011 11:25:41 AM PST by ExTexasRedhead
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To: Sub-Driver

Cut out the f 35 and say your move bitch.


8 posted on 11/17/2011 11:26:07 AM PST by org.whodat (Just another heartless American, hated by "AMNESTY" Perry and his fellow demorats.)
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To: Sub-Driver

Oh, no...

By “the rich”, she doesn’t mean the actual WEALTHY,
she means you amd me... the people who have some savings and property earned from hard work,

and this is the same “the rich” that they will gin up absolute HATRED for when the crash comes, deflecting blame from themselves.


9 posted on 11/17/2011 11:27:52 AM PST by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working for)
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To: Sub-Driver

REPUBs to Pelosi,

Close two gov. agencies to keep the country’s integrity?


10 posted on 11/17/2011 11:29:04 AM PST by rod1
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To: Sub-Driver

I agree, let’s tax the heck out of all rich RATS!


11 posted on 11/17/2011 11:29:35 AM PST by rawhide
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To: Sub-Driver

Republicans made a very bad deal with this super committee and trigger cuts. The idea that defense should take half of the reductions is ridiculous. Defense is the core function of government. I also think that failure to agree involves the expiration of the Bush tax rates although I may be mistaken on this point. Democrats have more bargaining power in the super committee so I expect that Republicans will cave or deal with large reductions in the defense budget.


12 posted on 11/17/2011 11:31:59 AM PST by businessprofessor
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To: Sub-Driver

I thought the Supercommittee was charged to find cuts in exchange for raising the debt ceiling. Whatever happened to that deal? Where did tax hikes come from?


13 posted on 11/17/2011 11:33:05 AM PST by Tublecane
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**Would you miss it if it went away?**
**Click above, donate what you can to help take us to the top**
Thank you!

14 posted on 11/17/2011 11:33:19 AM PST by STARWISE (The overlords are in place .. we are a nation under siege .. pray, go Galt & hunker down)
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To: dadfly
couldn’t be more predictable. happy boehner?

Ray Charles could have seen this one coming.

15 posted on 11/17/2011 11:34:08 AM PST by Bernard Marx
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To: Sub-Driver

Let’s see the congressional Democrats demonstrate real leadership. Let every demo senator and congressperson who is worth more than $1 million give up one half to the federal treasury, everyone who is worth more than $10 million give up three quarters to the treasury, and everyone who is worth more than $50 million give up 90%. As this is being calculated make sure all spousal assets are included, all overseas assets, and all currently tax-sheltered assets. Eliminate all loopholes to them as they calculate their wealth except those approved by the first hundred people listed in the Topeka, Kansas telephone book. After they have done that, we will pass legislation to tax the rich at a higher degree. And then remind them that they, under Obama’s scheme will still be counted as among the rich.

Let’s see some real patriotic, caring leadership. Nancy, Harry, you first, show us your sincerity.


16 posted on 11/17/2011 11:34:50 AM PST by Belteshazzar (We are not justified by our works but by faith - De Jacob et vita beata 2 +Ambrose of Milan)
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To: Sub-Driver

Nancy lies...again.


17 posted on 11/17/2011 11:34:50 AM PST by RexBeach
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To: Bernard Marx

yeah. i sure miss brother ray!


18 posted on 11/17/2011 11:35:02 AM PST by dadfly
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To: Sub-Driver

Pelosi, liquidate all your and your beard husband wealth. Send check to DOD. Set an example, you hypocrite. Go live in your children’s cellar and collect a Social Security crazy check.


19 posted on 11/17/2011 11:37:01 AM PST by dancusa (Socialism is a philosophy of failure, the creed of ignorance, and the gospel of envy. W. Churchill)
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To: Sub-Driver
Pelosi on Thursday rejected that plan outright.

Pelosi does not have enough votes to accept or reject anything.

20 posted on 11/17/2011 11:37:27 AM PST by oldbrowser (They are Marxists, don't call them democrats)
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To: US Navy Vet

That is insult to females and dogs


21 posted on 11/17/2011 11:38:57 AM PST by mel (There are only 2 races decent and undecent people)
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To: Sub-Driver

There will be no spending cuts, as a matter of fact, the $300B in taxes the GOP will agree to raise, the Democrats want to spend it on stimulus.

really.


22 posted on 11/17/2011 11:39:52 AM PST by GeronL (The Right to Life came before the Right to Happiness)
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To: Belteshazzar

If “we the people” ever take charge I’m all for confiscating 90% of the wealth from the estate of every person who served in congress more than 10 years. Because we know that’s probably about how much was accumulated since they took office. We can pro-rate from there.

I say from their estate because the actual office holders should be on a pike.

I’d bet these crooks have most of their wealth in Swiss accounts and they probably have private shelters where they’ve stashed all of their precious metals. Man, have we been taken for a ride.


23 posted on 11/17/2011 11:44:13 AM PST by Terry Mross (I'll only vote for a second party)
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To: Sub-Driver; ding_dong_daddy_from_dumas; stephenjohnbanker; DoughtyOne; calcowgirl; Gilbo_3; ...
I told-ya this is what Panetta was getting at.

What Democrats are saying is that if we want deficit reduction they will give us the following choices :

1) Raise taxes on ‘the rich’
Note that taxes go up after the election is nothing is done.
2) Cut defense

And a third option being no deficit reduction.

Alternatively a passed and signed budget bill in 2013 could replace the trigger cuts, but we are likely to have the same problem then as we did this year: gridlock. Plus at this point we CAN'T count on Republicans doing especially well in the next election.

24 posted on 11/17/2011 11:49:11 AM PST by sickoflibs (Cain :"My parents didn't raise me to beg the government for other peoples money")
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To: Sub-Driver

RIGHT!!!!

We need a tax code which SPECIFICALLY addresses millionaire CONGRESSMEN at 75% of their assets. After a few years THAT might flush them out of office as they won;t have anything left to run with - cashwise!!!


25 posted on 11/17/2011 11:49:39 AM PST by ZULU (Anybody but Romney or Huntsman)
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To: Sub-Driver

There is so much waste in the DOD right now that they could suffer some cuts.

If the GOP walks from the tax cut side and triggers the across-the-board cuts, it would be the smartest thing they could do. It would be the first REAL spending cuts they GOP has accomplished in decades.


26 posted on 11/17/2011 11:51:56 AM PST by NVDave
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To: Sub-Driver
I propose a 90% tax on all Democrat voters regardless of income level. Registered Republicans can pay at 2010 rates.

Both sides win.

27 posted on 11/17/2011 11:52:30 AM PST by AmusedBystander (The philosophy of the school room in one generation will be the philosophy of government in the next)
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To: Sub-Driver

Pelosis meant: “Class warfare is more important than America’s defense.”


28 posted on 11/17/2011 11:57:12 AM PST by Rudder (The Main Stream Media is Our Enemy---get used to it.)
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To: Sub-Driver
Nancy Pelosi isn't worth one drop of a soldier's blood.
29 posted on 11/17/2011 11:58:10 AM PST by windsorknot
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To: Sub-Driver
“The thought with sequester is that we’re all very concerned about our national defense and the strength of our country, whether it’s measuring the health and education [and] well-being of our people on one side of the sequester, and as it is measured in our military strength,” she said.

Nancy Pelosi wants to play “chicken”. She knows that the Republicans have a strong sense of responsibility and will do what ever it takes to “provide for the common defense” so... maybe the time has come to draw the line. Without a viable economy we won't be able to defend ourselves anyway so we take the hit in defense and blame the Dems for being irresponsible and causing it.

30 posted on 11/17/2011 12:00:45 PM PST by RedEyeJack
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To: MNJohnnie

I guess she’s exempt from any new taxes like she’s exempt from insider trading laws.


31 posted on 11/17/2011 12:08:05 PM PST by dandiegirl
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To: US Navy Vet

I absolutely hate these people and what they’ve done to our country...


32 posted on 11/17/2011 12:11:55 PM PST by nikos1121 (Stand up is hard if you're not funny.)
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To: nikos1121

If we don’t dismantle their positions of power,
we’re inevitably going to have a bloody civil war on our hands,

and who knows what the world will look like on the other side of that.


33 posted on 11/17/2011 12:13:27 PM PST by MrB (The difference between a Humanist and a Satanist - the latter knows whom he's working for)
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To: Sub-Driver

Roger that. Tax law can be written to be very specific. If the republicans had a brain they would submit a bill with a tax rate of 100% for everything over one million of any kind of income for a prescribed list of people,. Gates, Bloomberg, Buffet, Pelosi to name a few. All those egalitarian millionaire and billionaire that are begging to be taxed......tax um

then listen to them cry.....


34 posted on 11/17/2011 12:15:44 PM PST by Breto (never accept the premise)
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To: Sub-Driver
If Republicans wish to avoid defense cuts, House Minority Leader Nancy Pelosi warned Thursday, they should agree with Democrats to tax the rich.

This is coercion and thuggery Chicago style politics. It has to stop. We are $15 trillion in debt! Punishing the successful, job creators of this country with more regulation and higher taxes is a proven failed policy!

Handicapping our ability to defend ourselves is foolhardy and quite unnecessary. We need to cut back on spending in an orderly way. We need a leader like Herman Cain to remove ineffective programs and policies, not reduce our ability to defend ourselves.

35 posted on 11/17/2011 12:25:56 PM PST by olezip
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To: Sub-Driver
Start with Pelosi.

Confiscate everything that she has over a $200,000 value and reduce her salary to that of the average American.

We'll keep her on that salary cap for the next 30 or 40 years and then decide if we want to go any further.

Sound like a deal? How ‘bout it Nancy?

36 posted on 11/17/2011 12:45:25 PM PST by PATRIOT1876 (The only crimes that are 100% preventable are crimes committed by illegal aliens)
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To: biggredd1

Martha Stewart did time — so should Pelosi.


37 posted on 11/17/2011 12:47:42 PM PST by jersey117
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To: Sub-Driver
And of course, taxing the rich has no effect on the poor and middle-class.

Personal ancecdote: I work for a partnership. The partners are what Pelosi would consider rich, making, I would guess, mid 6 figures. They get together and decide, each year, how good business has been and what type of raises and bonuses the rest of us are going to get, based on our merit. If these evil rich folks see their taxes increase and their disposable income decrease, tell me, Ms. Pelosi, is my raise going to go up or down compared to what it would have been if these dirty nasty rich folks had more discretionary income?

38 posted on 11/17/2011 12:49:15 PM PST by tnlibertarian (Things are so bad now, Kenyans are saying Obama was born in the USA.)
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To: NVDave

if we spend 780 bill a year on defense and the GOP agreed to cuts of 500 billion over 10 years, is that “gutting” the military?

IIRC, that what the SuperRINO-Rat Committee wanted...I say call her bluff.


39 posted on 11/17/2011 12:54:33 PM PST by WOBBLY BOB (See ya later, debt inflator ! Gone in 4 (2012))
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To: Sub-Driver
To everyone calling Newt a RINO, when Newt was the Speaker of the House he shut down the federal Government TWICE to force Clinton to deal on the budget. The result was a balanced budget.

Yeah Newt is a RINO /s

Anyone think Newt would put the military on the table for massive cuts? No I didn't think so.

40 posted on 11/17/2011 12:56:01 PM PST by jpsb
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To: businessprofessor
Republicans made a very bad deal with this super committee and trigger cuts.

Boehner's specialty.

41 posted on 11/17/2011 1:20:15 PM PST by itsahoot (There was a bloodless coup in 08, and no one seemed to notice. God help us.)
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To: sickoflibs

RE: “I told-ya this is what Panetta was getting at.” To which I agreed. The goons put Panetta into the position of SoD for a good reason.


42 posted on 11/17/2011 1:22:42 PM PST by Marine_Uncle (Honor must be earned.)
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Day 48 Of The FReepathon
Do you Know Why?

There are loyal posters that donate every FReepathon. Some donate several times during every 'thon. But others never donate. Why?

1 My enemies haven't been zotted.
2 The owner doesn't support my candidate.
3 FR won't "upgrade" to "Like" buttons and blinky crap.
4 Someone else will donate.
5 My friend was zotted.
6 I lost my job and have no income.

Only one of those is a legitimate reason.

Support It Or Lose It


43 posted on 11/17/2011 1:57:44 PM PST by DJ MacWoW (America! The wolves are here! What will you do?)
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To: AdmSmith; AnonymousConservative; Berosus; bigheadfred; Bockscar; ColdOne; Convert from ECUSA; ...

IOW, this was the Demwit plan all along — cutting our national defense, which, unlike the money laundering (called ‘stimulus’ by Zero et al), is actually a duty of the federal government according to the Constitution.

Thanks sickoflibs.


44 posted on 11/17/2011 3:59:23 PM PST by SunkenCiv (It's never a bad time to FReep this link -- https://secure.freerepublic.com/donate/)
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From the FRchives:
45 posted on 11/17/2011 4:56:31 PM PST by SunkenCiv (It's never a bad time to FReep this link -- https://secure.freerepublic.com/donate/)
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