A Serious Alternative to the Debt Ceiling

Discussion in 'Politics' started by Kuros, Jul 14, 2011.

  1. Kuros
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    Kuros BANNED

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    The debt ceiling is tearing our country apart. It also allows Congress to contradict itself: Congress may approve a budget that exceeds the current debt limit, and then vote against its own budget.

    There has got to be a better way. There is. It is called SAVEGO.

    A Better Way out of the Stalemate

     
  2. Kuros
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    Balance the budget by locking in savings

     
  3. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Counting on Democrats to stop spending money is as insane an idea as I've ever heard in my life. Both Reagan and Bush41 both bought into it and at a certain point you just have to grow up and accept the facts
     
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  4. Wiseacre
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    Wiseacre Retired USAF Chief Supporting Member

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    I guess I'm just too simple minded. Why can't they find $200-$250 billion or so to cut out of the budget each year for the next ten years? 2 trillion, no tax hikes needed, raise the debt ceiling by 2 trill. Don't have to touch the sacred cows, at least for now. You can't tell me they can't find places to cut that much, and don't give this crap that the seniors, poor kids, and the infirm will have to suffer - bullshit.
     
  5. konradv
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    konradv Gold Member

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    As long as you don't give us the crap that closing loopholes will cost jobs. We didn't let the Bush cuts expuire and the Reps have been blocking the closing of loopholes, so where are the jobs?!?! If there's any uncertainty in the business community, it's got to be over the Reps refusal to realize that we're not going to get out of this mess on cuts alone.
     
  6. WillowTree
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    WillowTree Diamond Member

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    A better way is a flat tax, of 30% no loopholes, no rebates, and no exemptions for individuals or corporations.
     
  7. oldsalt
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    oldsalt Active Member

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    Yeah, that's what dubya did, huh? You're an idiot.
     
  8. Wiseacre
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    Wiseacre Retired USAF Chief Supporting Member

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  9. Wiseacre
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    Wiseacre Retired USAF Chief Supporting Member

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    I'm good with a flat tax, but 30% is kinda high, doncha think? I'm thinking you better knock it down to about 15%, or you can kiss this economy goodbye.
     
  10. Quantum Windbag
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    Quantum Windbag Gold Member

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    I oppose any program that triggers automatic tax increases if Congress doesn't meet targets. Savego is just another excuse for raising taxes without having to deal with the political fall out. We need to eliminate any automatic coverage for Congress in not doing its job.
     
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