Patters

Wonkbook: The GOP's dual-trigger nightmare - The Washington Post

Imagine if the Democrats offered Republicans a deficit deal that had more than $3 in tax increases for every $1 in spending cuts, assigned most of those spending cuts to the Pentagon, and didn't take a dime from Social Security, Medicaid or Medicare beneficiaries. Republicans would laugh at them. But without quite realizing it, that's the deal Republicans have now offered to the Democrats.

...

So now there are two triggers. One is an extremely progressive spending trigger worth $1.2 trillion that goes off on January 1, 2013. The other is an extremely progressive tax trigger (the end of the Bush tax cut for the wealth) worth $3.8 trillion that goes off on...January 1, 2013. If you count reduced interest payments, the two policies alone would reduce future deficits by about $6 trillion. That's far more than anything the supercommittee came close to discussing. It's distributed far more progressively than anything the Democrats have even considered proposing. And all that needs to happen for it to pass is, well, nothing.

patsfan13

Everyone knows if Obama is reelected there will be big tax increases and no cutting beyond the Pentagon.

__________________
"Some guys play in all-star games, some guys don't. I don't know who picks all those all-star teams. In all honesty, I don't know who picks the combine, for that matter," Belichick said. "How does (Miami-Ohio offensive lineman Brandon) Brooks not get invited to the combine? How did Vollmer not get invited to the combine? I don't know. We can't really worry about that. We just have to try to evaluate them the best we can."

Holy Diver

also he will close guantanimo, end the wars, and not take the advice of insiders from wall street...


wait...

scout

I thought the post was pretty good.

Harry Boy

DRUDGE REPORT 2012®

Click it, very interesting stuff over there, to much for me to handle, the russian news women giving Obama the finger is something you don't see every day.

WHERE IN THE NAME OF GOD ARE WE HEADED, HOW IN THE NAME OF GOD DID THE PEOPLE EVER ELECT THIS WET BEHIND THE EARS BAPTIST KID

WILL COOLER HEADS PREVAIL, DON'T BET ON IT.

WHY DOES GOD HATE SEALS AND CHICKENS


"mommy"
"yes dear"
"is that man in front of us mickey mouse"
"no dear, thats the president"
"hee hee, look at his ears mommy"
"shhhhhhhh"

__________________
Harry Boy (Genius)

In The Absence Of Law And Order Society Will Surely Destroy Itself

Texxx

Obama will be re-elected most likely. It should be a slam dunk to get him kicked out of the Whitehouse, but he'll be challenged by a bunch of rejects from the Republicans like Newt, Mitt, Cain, and Perry. Obama will beat all of those guys in an election.

PatriotsReign

are you real tex?

__________________
"No one walking this earth knows what is truly righteous"

Patters

Sadly, that's not true. Obama gave the bailouts, allowed an extension of the Bush tax cuts, and his health care plan cuts $500 billion from Medicare. Relative to the current Republican candidates Obama in my view clearly remains the best choice, but his solutions are very corporation friendly. The fact is every penny Obama has spent (except for debt payments) is pumped into the big corporations either direction or indirectly, pumping up the market, but little else.

Real World

__________________

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.

To view links or images in signatures your post count must be 10 or greater. You currently have 0 posts.


"The most difficult subjects can be explained to the most slow-witted man if he has not formed any idea of them already; but the simplest thing cannot be made clear to the most intelligent man if he is firmly persuaded that he knows already, without a shadow of doubt, what is laid before him."
Leo Tolstoy, 1897