01-26-2010, 11:35 AM
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#1
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Banned
Join Date: Dec 2004
Location: IGNORE LIST OR BAN LIST
Posts: 7,839
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Congress to Americans: packages of tax increases are on the way
Obama's twin fiscal headaches: The debt and deficit - The Oval: Tracking the Obama presidency
Quote:
That became clear Monday when the Bipartisan Policy Center -- named for a quality Congress lacks these days -- announced it would spend the year coming up with a specific package of tax increases and spending cuts needed to reduce red ink.
"We cannot pay for this debt through growth alone," Domenici said. He vowed that everything would be considered. That means taxes are on the table," he said.
"Spending is the problem," Senate GOP leader Mitch McConnell said Sunday on NBC's Meet the Press. "I do worry that if we construct this commission in the wrong way, it will be kind of an indirect way to raise taxes."
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Your hope for being taxed is here. Thank Obama for trillion dollars debt and deficits.
Last edited by NEPatriot; 01-26-2010 at 11:37 AM..
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