Dems Kill budget deal with $2 Trillion in New Taxes

Discussion in 'Politics' started by CrusaderFrank, Jul 10, 2011.

  1. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Dems and their Failed Leader truly own the economy

    Senate Democrats draft debt-reduction plan - The Washington Post

    “The very strong feeling was we needed to get this into the conversation, because it provides an alternative view,” said a Senate Democrat familiar with the blueprint, who spoke on condition of anonymity because it has not been publicly released. “What’s striking is how modest the changes need to be to get us back on track.”

    On Friday, Senate Budget Committee Chairman Kent Conrad (D-N.D.) visited the White House to brief Obama and Vice President Biden on the blueprint, which differs significantly from the framework under discussion with House Speaker John A. Boehner (R-Ohio) and other leaders.

    “I explained to the President and Vice President how the Senate Budget Committee Democrats developed a plan that achieves $4 trillion in deficit reduction in a balanced and fair way,” Conrad said in a statement. “It is my hope the plan will help influence the bipartisan negotiations and help them reach a comprehensive and balanced deficit reduction agreement.”

    Republicans dismissed the Democratic blueprint, saying higher taxes would be devastating to an economy already weighed down by a 9.2 percent unemployment rate. In their spending plan, House Republicans proposed to save $4 trillion entirely through spending cuts; they would also eliminate Medicare as an open-ended entitlement after 2021.

    “If they’re calling for $2 trillion in tax hikes in the middle of a jobs crisis, it’s little wonder that it’s been 800 days since Senate Democrats passed a budget,” said McConnell spokesman Don Stewart.
     
  2. Conservative
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  3. Avorysuds
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    It's all grandstanding at this point, part of the game... Dems can now tout they tried to do taxes and blah blah blah when they know they could have passed it by themselves just 5 months back. Republicans get to act like they won't let any new taxes go through and blah blah blah, but they won't make any meaningful cuts to make up for lack of taxes, not that taxes would solve shit for the problem.

    Point is both parties will end up spending more than we have, all the war will be full force go time and not a single program that costs this Nation more than we can afford will get a cut that is even noticeable on a surface level... Nothing will happen because the goal is the same, "make Government bigger." Dems pretend to be the anti war party and Reps pretend to be the anti entitlement spending party, yet they manage to pass big war and entitlement spending bills relentlessly.

    The only thing that won’t happen is Government shrinks, you can bet your ass on that much. Then, when it continues to fail “they” (many people here too) will blame “Small Government” LOL, I know right!
     
    Last edited: Jul 10, 2011

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