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Dem Lawmaker: Balanced Budget Is Not the Goal
Cybercast News Service ^ | December 7, 2012 | Christopher Goins

Posted on 12/08/2012 12:51:56 AM PST by Olog-hai

Rep. Gerald Connolly (D-Va.) says President Obama’s plan to raise tax rates for the wealthiest Americans won’t balance the budget by itself—but that’s not the goal anyway.

“Well, that (tax hikes) alone doesn’t balance the budget. It’s part of a broader plan,” Connolly said.

“A totally balanced budget is probably not what is being sought. What is being sought is stabilizing the debt in its ratio to the broader general economy—bringing it down to a much more manageable level.” …

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


TOPICS: Business/Economy; Crime/Corruption; Government; US: District of Columbia
KEYWORDS: lies
Isaiah 3:4 really has been fulfilled here, hasn’t it.
1 posted on 12/08/2012 12:52:02 AM PST by Olog-hai
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To: Olog-hai

Cut the spending. Repeal Obama care. Abolish the EPA. Oh, hell, abolish OBAMA.


2 posted on 12/08/2012 1:00:28 AM PST by Jim Robinson (Resistance to tyrants is obedience to God!!)
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To: Olog-hai

Communism is the goal.


3 posted on 12/08/2012 1:18:06 AM PST by Ouderkirk (Democrats...the party of Slavery, Segregation, Sodomy, and Sedition)
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To: Olog-hai
Slip a white lab coat on the guy, and what do you have? BS piling so high and fast, you have to sprout wings to stay above it. See:Turbo Encabulator
4 posted on 12/08/2012 3:14:14 AM PST by PowderMonkey (WILL WORK FOR AMMO)
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To: Olog-hai

Indeed!


5 posted on 12/08/2012 3:32:05 AM PST by nfldgirl
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To: Olog-hai

The goal is to crash the economy, deem the US Constitution null-and-void, and institute a Totalitarian Global Marxist Dictatorship run by the UN with Obama the new leader - and he is winning.


6 posted on 12/08/2012 4:07:10 AM PST by broken_arrow1 (I regret that I have but one life to give for my country - Nathan Hale "Patriot")
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To: Olog-hai
A totally balanced budget is probably not what is being sought.

What! A democrat tells the truth?

7 posted on 12/08/2012 5:15:31 AM PST by VRW Conspirator (We were the tea party before there was a tea party. - Jim Robinson)
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To: Olog-hai
“Well, that (tax hikes) alone doesn’t balance the budget. It’s part of a broader plan,” Connolly said.

And we have been witnesses to the "broader plan" for 4 years now...

8 posted on 12/08/2012 5:24:36 AM PST by trebb (Allies no longer trust us. Enemies no longer fear us.)
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To: Olog-hai

Spot on about the Isaiah 3:4 reference. The lone bright spot is that it’s nice to see a Dem admit they don’t aim for a balanced budget.


9 posted on 12/08/2012 5:29:38 AM PST by ReformationFan
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To: Olog-hai

Absolutely! It started November 4, 2008 and was completed November 6, 2012. Soon the seeds they have sown will be mature and the fruits thereof will be ripe and ready for reaping. The harvest will be extremely plentiful and bitter.


10 posted on 12/08/2012 6:04:03 AM PST by sport
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To: Olog-hai

Of course a balanced budget is not the goal. The goal all along has been to hike spending up to astronomical levels so taxes would increase and could never be cut again.


11 posted on 12/08/2012 6:16:19 AM PST by cotton1706
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To: Jim Robinson
As much as it pains me to say it, it ain't going to happen, Mr.Robinson. As the results of the last election demonestrated, we, as a Nation, no longer have the collective intelligence to function as a free people.

I came to this conclusion after listening to excuses I heard people gave for voting for obama. Two of them come to mind: "He will forgive student loans and I have one." "We have to give him a chance to finish what he started." Another one that seemed to be universal was,"He could have done a better job if the Right Wing Republicans and Tea Party had not opposed and hindered him."

Mr. Robinson, none of members of these groups have the intelligence to breathe, much less make decisions that effect the lives of others. Never the less, via their votes they do exactly that.And that, from what I see, is where we stand as a Nation today.

12 posted on 12/08/2012 6:20:30 AM PST by sport
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To: Olog-hai

And we’re fairly well done with Isaiah 3:5.


13 posted on 12/08/2012 6:25:37 AM PST by Caipirabob (Communists... Socialists... Democrats...Traitors... Who can tell the difference?)
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To: Olog-hai

The plan to tax the rich will not tax the really rich, it will only tax the barely rich.

Believe me people like Pelosi will have a loophole big enough to drive a truck through.


14 posted on 12/08/2012 6:30:18 AM PST by Venturer
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To: Jim Robinson

Obama is clearly operating outside of the Constitution!


15 posted on 12/08/2012 6:35:23 AM PST by sauropod (I will not comply)
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To: Olog-hai

The only problem is it is not a tax on the rich; it is a tax on whoever the lunatics call the rich.


16 posted on 12/08/2012 7:31:58 AM PST by freekitty (Give me back my conservative vote; then find me a real conservative to vote for)
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