Obama announces debt deal--GOP/Tea Party members WIN big!

Well my state of Colorado takes our "balanced budget requirement" very seriously--because they balance our state government budget each and every year.

Perhaps you could explain this then?

State of Colorado Debt Clock


Our DEMOCRAT governor just cut 275 state workers jobs--and has cut government spending round the clock to balance this years budget. And it's balanced.


It seems the balance budget can work for some states




S&P upgrades Ohio rating after passing a balance budget warns on U.S. debt

Ratings Services upgraded Ohio's debt rating just one day after it put the United States on "creditwatch negative" on what it calls a rising risk of policy stalemate in the debt limit negotiations.

For Ohio, the rating was revised from "negative" to "stable" after Gov. John Kasich signed a new budget the ratings agency says will essentially balance the state's finances for the next two years. S&P also said Ohio is experiencing a modest economic recovery which has stabilized revenue.

In making the upgrade, the agency also assigned a "AA+" long-term rating to Ohio's $416.75 million general obligation bonds



The budget also preserved $400 million in income tax cuts that went into effect at the start of the year. The 4.2 percent tax break was the last of five that began in 2005 under a tax cut that former Gov. Bob Taft signed into law.
 
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Ever heard of a state called CALIFORNIA--:lol: Running a 48 BILLION dollar deficit--and looking toward the Federal Government to bail them out.

In fact--it's so bad in California--we would have to pay Mexico to take it back--:lol::lol:

California has a balanced budget amendment too. So thanks for proving my point about why the BBA doesn't work. :thup:



No--it's the politicians that liberals elect--that doesn't WORK--:lol:

Liberals like Reagan. And the Governator. :eusa_eh:
 
what a bunch of fucking pussies.
How can Obama be a tyrant when he fucking caves to these morons everytime?

I told you he was no socialist.

Well he can not act like one now
since the Left's radical policies got them kicked out of the House

He was quite different when his party had full control

No, sad to say he is at this moment,
more like a "socialist Gelding"
:eusa_whistle:
 
People will think he caved. I know I felt sold out - but what do you do when there's a gun to your head, and the world economy is at risk?

He did the best he could with what he had, and I commend him.
 
A good article that shows why the BBA doesn't work even in states like Texas and how pretty much every state is reliant on the Federal Government in one way or another.

Texas balanced budget with stimulus money from Washington - Jan. 23, 2011

Perry also likes to trumpet that his state balanced its budget in 2009, while keeping billions in its rainy day fund.

But he couldn't have done that without a lot of help from ... guess where? Washington.

Turns out Texas was the state that depended the most on those very stimulus funds to plug nearly 97% of its shortfall for fiscal 2010, according to the National Conference of State Legislatures.

"Stimulus was very helpful in getting them through the last few years," said Brian Sigritz, director of state fiscal studies for the National Association of State Budget Officers, said of Texas.
 
In December the tax cut bill cost 800 billion over how many years?

I really do not understand the rational that raising taxes during a time of glacial economic growth is the correct thing to do. Apparently the Democrats didn't, or a least they never wrote their own damn plan down and support it. Obama, and I know this is going to be hard for some to believe, is not stupid.

He was polling negatively, not the BS polls, but the polls on questions like 'do you want the debt ceiling raised?' or 'is over spending or lack of taxes the reason for the governments debt'.

He himself admitted and said plenty times that raising taxes is not beneficial to economic growth. Then again you can find a contradiction to almost anything the man says.

Signing statements? :lol:
 
what a bunch of fucking pussies.
How can Obama be a tyrant when he fucking caves to these morons everytime?

I told you he was no socialist.

I was attempting to explain that to Lia just the other day..

http://www.usmessageboard.com/3920007-post78.html

It so sad

To think Bernie had Papa Obama come out an campaigned for him
:eusa_angel:

[ame=http://www.youtube.com/watch?v=tIlIpOkRh2A]‪Bernie and Barack Address Overflow Crowd‬‏ - YouTube[/ame]
 

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