CBO says US likely to fall off 'fiscal cliff' if Bush-era tax cuts allowed to expire

Discussion in 'Politics' started by Conservative, May 22, 2012.

  1. Conservative
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    Conservative Type 40

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    This deserved its own thread...

    yup. brilliant if you want another recession...

    CBO says US likely to fall off 'fiscal cliff' if Bush-era tax cuts allowed to expire

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  2. Lakhota
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    Lakhota Diamond Member

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    Could you provide a link to the actual CBO report rather than Fox News?
     
  3. Soggy in NOLA
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    Soggy in NOLA Platinum Member

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    Google it.. many news organizations have run the story, including far right CBS.
     
  4. Immanuel
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    Immanuel Gold Member

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    That is assuming that either party would actually cut spending. You are not claiming that the Dems have any intention of cutting spending, are you?

    Immie
     
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  5. Jroc
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    Jroc יעקב כהן Supporting Member

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    Temporary extension, then tax reform with a new president and congress.
     
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  6. edthecynic
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    edthecynic Censored for Cynicism

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    The CON$ervoFascists won't provide a link because it says things like this: "reduce the federal budget deficit dramatically between 2012 and 2013—a development that some observers have referred to as a “fiscal cliff”"

    That's right folks, reducing the deficit is bad for the economy, according to the CBO report the CON$ are taking out of context.
     
  7. MuadDib
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    MuadDib He's called The Stig

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    At this point, I think we're going to fall off of the cliff regardless of what Washington does. We're already past the point of no return. All they can do is effect how fast and how far we fall, and how hard we will slam the ground.
     
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  8. francoHFW
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    francoHFW Platinum Member

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    Raise taxes on the rich, cut bloated military and more, pass jobs bills under reelected Obama- Recovery completes within 2 years, with no Pub crony bubble, and bust..

    The OP is Pure Pubcrappe...
     
  9. Conservative
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    Conservative Type 40

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    moron...

    CBO | Economic Effects of Reducing the Fiscal Restraint That Is Scheduled to Occur in 2013

     
  10. RightWingFerret
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    RightWingFerret BANNED

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    I thought we already fell off the cliff when Obama/Reid/Pelosi/Frank and Dodd collapsed the housing market in 2008.
     
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