Discussion in 'Politics' started by Grampa Murked U, Aug 11, 2012.
Politics 101, self 1st, party second, America 3rd.
With Ryan this could be Goldwater LBJ redux.
"Nonpartisan analyses of Mr. Ryan’s proposed income-tax cuts reached conclusions much like that in recent weeks about Mr. Romney’s tax proposals: “The tax cuts in Paul Ryan’s 2013 budget plan would result in huge benefits for high-income people and very modest — or no — benefits for low-income working households,” Howard Gleckman, a senior fellow at the Urban Institute, a policy-research organization, wrote in summarizing the findings of the Tax Policy Center... Similarly, the Tax Policy Center, a joint effort of the Urban Institute and the Brookings Institution that includes economists and tax experts with experience in both Republican and Democratic administrations, said a tax-code overhaul meeting Mr. Romney’s goal — a 20 percent cut in all rates without adding to annual budget deficits — would leave wealthy taxpayers with a large tax cut but 95 percent of Americans with a net tax increase once tax breaks for items like mortgage interest are curtailed to keep deficits in check." http://www.nytimes.com/2012/08/12/us/politics/ryan-and-his-budget-are-a-gamble-for-romney.html
I think a budget that nobody would actually vote for is what's needed, because the budgets these pols are voting for has raised out debt every year for the last 60 plus years.
(WASHINGTON) On Wednesday, Jeffrey Zients, Acting White House Budget Director, appeared before the House Budget Committee. Mr. Zients was in attendance in order to defend President Obama's proposed $3.8 trillion budget for the fiscal year that begins October 1, 2013. Congressman Huelskamp, a member of the Committee, used the opportunity to ask President Obama's chief budget officer about the impact of the President Obama's budget on the debt. According to the numbers included in the President Obama's budget, gross federal debt is expected to grow to more than $26 trillion in the next decade, up from $10.6 trillion on January 20, 2009. Mr. Zients attempted to argue that President Obama's proposed budget "stabilizes" the debt, even if it adds trillions more to the debt. A select transcription of the hearing can be found below.
After the hearing, Congressman Huelskamp added: "Mr. Zients danced around the issue, never answering the fundamental question: 'When will President Obama's budget balance?' Since he did not respond to the question, I will: the answer is 'never.'
When Will President Obama's Budget Balance? Never.
So....who's voting for the "Never" budget?
Romneycare and the Ryan Plan.
An election-eve match made in heaven!
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