Posted on 07/11/2011 8:27:33 AM PDT by kristinn
Will any reporter have the nerve to ask Obama why he is always late compared to President Bush who was always on time?
Obama has added $4 trillion to the national debt and now he is a fiscal hawk.
So true. It shows complete indifference to others. Pres. Bush was always on time, and insisted that those around him were, too.
C-SPAN is the only outlet to name questioners. That was Ben Feller with the AP.
Obama is trying to cast himself as the grown-up hovering over the bickering children in Congress. Says we 'have to eat our peas.'
Obama says he wants to be 'crystal clear' on raising taxes. Says he wants to raise taxes in 2013, not this year or next.
Took him less than 5 minutes to start on corporate jets....He is just reciting the same tired platitudes..
Is anyone drinking on “millionaires and billionaires”? If so, sit down first.
Keep in mind that Mr. Obama has already signed the largest tax increase since 1993. While everyone focuses on the Bush tax rates that expire after 2012, other tax increases are already set to hit the economy thanks to the 2010 Affordable Care Act. As a refresher, here’s a non-exhaustive list of ObamaCare’s tax increases:
• Starting in 2013, the bill adds an additional 0.9% to the 2.9% Medicare tax for singles who earn more than $200,000 and couples making more than $250,000.
• For first time, the bill also applies Medicare’s 2.9% payroll tax rate to investment income, including dividends, interest income and capital gains. Added to the 0.9% payroll surcharge, that means a 3.8-percentage point tax hike on “the rich.” Oh, and these new taxes aren’t indexed for inflation, so many middle-class families will soon be considered rich and pay the surcharge as their incomes rise past $250,000 due to tax-bracket creep. Remember how the Alternative Minimum Tax was supposed to apply only to a handful of millionaires?
Taxpayer cost over 10 years: $210 billion.
• Also starting in 2013 is a 2.3% excise tax on medical device manufacturers and importers. That’s estimated to raise $20 billion.
• Already underway this year is the new annual fee on “branded” drug makers and importers, which will raise $27 billion.
• Another $15.2 billion will come from raising the floor on allowable medical deductions to 10% of adjusted gross income from 7.5%.
• Starting in 2018, the bill imposes a whopping 40% “excise tax” on high-cost health insurance plans. Though it only applies to two years in the 2010-2019 window of ObamaCare’s original budget score, this tax would still raise $32 billion—and much more in future years.
• And don’t forget a new annual fee on health insurance providers starting in 2014 and estimated to raise $60 billion. This tax, like many others on this list, will be passed along to consumers in higher health-care costs.
There are numerous other new taxes in the bill, all adding up to some $438 billion in new revenue over 10 years. But even that is understated because by 2019 the annual revenue increase is nearly $90 billion, or $900 billion in the 10 years after that. Yet Mr. Obama wants to add another $1 trillion in new taxes on top of this.
The economic ironies are also, well, rich. Mr. Obama is now pushing to reduce the payroll tax by two-percentage points for another year to boost the economy, but he’s already built in a big increase in that same payroll tax for 2013. So if a payroll tax cut creates jobs this year, why doesn’t a payroll tax increase destroy jobs after 2013?
Mr. Obama is also touting spending cuts he’s willing to make in entitlements in return for bigger tax increases, yet the spending increases built into ObamaCare aren’t even up for discussion in the debt-limit talks. The Affordable Care Act adds more than 30 million more Americans onto Medicaid’s rolls, when that program is already growing by 6.5% this year. So Mr. Obama is willing to cut current entitlements on grounds that they are unaffordable, but he’s taken what may be the most expensive entitlement off the table.
Nice question. “Republicans are going to obstruct, how are you going to save us from them?”
Correct, constant tardiness is a sign of contempt, not to mention it’s arrogant and disrespectful.
But hey, we’re talking about liberals.
He’s still on the first question which was “will you sign a temporary fix?” Me me me I I I
Exactly. We have to “eat our peas”? I’d like to force-feed him some.
He’s simply a jackass. This extortion effort will fail just like the one about the Chicago Olympics. I will give him credit for the Gulf Oil Spill racket and the Brazilian off-shore Soros deal. IMO He’s a common street thug with nicer clothes.
All I hear is I,I,I,I,I,I,I. If he’s always late,does that make him retardy?
Yep. This press conference is purely political. He demonizes his opponents and then says he is trying to negotiate a deal.
His words sound like capitulation to me.
“...tax reforms that are “Progressive enough”...”
That is the problem in a nutshell.
You are correct. A sign of contempt, an indication that he is more important than you, a sign of complete disrespect! The TOTUS is probably too busy to talk to the little people because he is watching Tigger’s presser.
typical spew:
“Bent over backward to work with Republicans”
“No path to a deal if THEY don’t budge”
“Compromise if they dont’ want to default” (Like I have done)
BS ad nauseum....he doesn’t get it and never will.
To be honest, I don’t know why they all need to carry him live. I have it on, but on mute. If he says anything I need to hear I will hear it later. At the moment, I’m just watching him jab his finger at me, that’s almost more than I can stand.
This jerk is on every day. What I want to know is where are the Republican news conferences? How come they never come out and talk about what the democrats are doing.
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