More evidence of using the teabaggers, then throwing them away

Discussion in 'Tea Party' started by Synthaholic, Dec 30, 2010.

  1. Synthaholic
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    Synthaholic Platinum Member

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    I guess Republicans did not learn the lesson from the mid-terms:



    Deficit Hypocrisy

    It was not long ago that Republicans succeeded in holding unemployment benefits hostage to a renewal of the high-end Bush-era income tax cuts and — as a little bonus — won deep estate tax cuts for America’s wealthiest heirs. Those cuts will add nearly $140 billion to the deficit in the near term, while doing far less to prod the economy than if the money had been spent more wisely.

    That should have been evidence enough that the Republican Party’s one real priority is tax cuts — despite all the talk about deficit reduction and economic growth. But here’s some more:

    On Dec. 22, just before they left town for the holidays, House Republican leaders released new budget rules that they intend to adopt when they assume the majority in January and will set the stage for even more budget-busting tax cuts.

    First, some background: Under pay-as-you-go rules adopted by Democratic majorities in the House and Senate in 2007, tax cuts or increases in entitlement spending must be offset by tax increases or entitlement cuts. Entitlements include big health programs like Medicare and Medicaid, for which spending is on autopilot, as well as some other programs for veterans and low-income Americans. (Discretionary spending, which includes defense, is approved separately by Congress annually.)

    The new Republican rules will gut pay-as-you-go because they require offsets only for entitlement increases, not for tax cuts. In effect, the new rules will codify the Republican fantasy that tax cuts do not deepen the deficit.

    It gets worse. The new rules mandate that entitlement-spending increases be offset by spending cuts only — and actually bar the House from raising taxes to pay for such spending.




    More at the link. Read the rest, then try to defend these new rules.
     
  2. Baruch Menachem
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    Baruch Menachem '

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    Pay as you go is being resurrected? The horror. It only lasted a week before they tossed it on its ear. I thought it was dead.

    Taxes above a certain level do not raise revenue, they cause revenue to sink. The only reason to have rates over 25% is you want to screw someone over you don't like.
     
  3. CrusaderFrank
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    CrusaderFrank Diamond Member

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    You cannot have a discussion on economics with people who believe that the Federal government IS the US economy
     
    Last edited: Dec 30, 2010
  4. whitehall
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    whitehall Gold Member

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    Say what? Republicans didn't learn their lesson after Americans kicked out 60+ democrats in the worst mid term defeat since 1948? Give the GOP a chance to get sworn in. "Tea baggers" is a deliberate offensive term used by hate-mongers on the left. It's Tea Party.
     
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  5. Synthaholic
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    Synthaholic Platinum Member

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    So, no teabaggers are going to defend the deficit-increasing new rules?

    I don't blame you, but at least show some intellectual honesty and condemn these actions.

    Teabaggers = SUCKERS!!!

    [​IMG][​IMG][​IMG]
     
  6. CrusaderFrank
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    CrusaderFrank Diamond Member

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    You cannot have a discussion on economics with people who believe that the Federal government IS the US economy
     
  7. daveman
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    daveman Diamond Member

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    Have you ever condemned Democrats for increasing the deficit?

    The correct answer is, of course, "No".
     
  8. Oddball
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    Oddball BANNED Supporting Member

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    That's more intellectually honest than passing the silly "paygo" rule, then ignoring it when it's democratics doling out the goodies, then claiming republicans are holding the sainted pooooooor hostage.
     
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  9. SFC Ollie
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    SFC Ollie Still Marching

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    Remind me of how this all happens after the Republicans actually control the house.
     
  10. daveman
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    daveman Diamond Member

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    :eusa_shhh: He fell for that.
     

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