Skip to comments.IMF chief says U.S. needs blend of spending cuts, revenue raising
Posted on 12/09/2012 3:24:42 PM PST by Olog-hai
The United States needs a balanced, comprehensive approach to tackle its fiscal woes that should include a mix of spending cuts and revenue increases, the head of the International Monetary Fund said on Sunday.
My view, personally, is that the best way to go forward is to have a balanced approach that takes into account both increasing the revenue, which means, you know, either raising taxes or creating new sources of revenue, and cutting spending, IMF Managing Director Christine Lagarde said in a pre-taped interview on CNNs State of the Union, which aired on Sunday.
(Excerpt) Read more at reuters.com ...
We really need to jump on that. It comes straight from the mouth of someone who knows someone who has a relative who knows someone who has a relative who knows someone who knows something about economics. IMF ... what could possibly go wrong?
I wish when I was in debt I could just “raise revenue”. My only choice is to cut spending.
Raise your revenue by lowering taxes on everyone!!! Lower rates, Broaden the base cut capital gains to zip revenue will go up and real unemployment will go down!!
GRRRRRREAT...an UNaccountable international bureaucrat telling us what to do. It’s really very easy...
DEFUND socialist collectives, foreign and domestic.
live - free - republic
Raising revenue by lowering tax rates is not logical to a democrat party member:< > The common objection is “It’s above my pay grade” .... and it wouldn’t sound too good to the chattering classes ...
Stop sending money to the IMF. The best possible spending cut.
Nah, democraps all say we just need to tax the rich more and it will all be fine.
Raising revenue by lowering tax rates is not logical to a democrat party member:
Are there any logical democrats left? They either all died or moved over to the Republican Party.. All they have left is Marxist and Commies!!!