Cantor pulls out of Biden debt talks

[Gadawg73]

You mean why didn't the budget busting extension of the Bush tax cuts PLUS additional tax cuts in payroll etc. NOT stimulate the economy?

You tell us. You supported them.

I didn't support the payroll tax cuts. Considering the mess that is Social Security, they were a false economy.

The reason tax rate extension alone is not enough is that federal spending has increased far above the historical 18-19% of GDP, the prospects of Obamacare are suffocating businesses, regulatory overreach is preventing of economic activity across the board, and the threat of future tax increases in 2013 is creating additional uncertainty.

Why were we told that the uncertainty problem was not extending the Bush tax cuts? They were extended,

now, the uncertainty canard is back on the table.

It's bullshit. We already know that businesses are in fact heavily investing, but it's in capital equipment, not labor.

Who is it that builds capital equipment other than labor?
Why would any business NOT invest in labor if would make them $$$?
Why would any business invest in labor if would not make them $$$?
Where does business get $$$ to invest in capital?
Does capital investing go up or down when taxes are raised?
As a result of less capital investing does the rate of new job hires rise or fall?

 

[Gadawg73]

Soooo, everything is on the table except rolling back the rich man's tax cuts? I love the way Canyousee me? Cantor plays the political game.

51% of Americans pay NO tax. When will it be time for them to have their taxes RAISED?
And quit taking as moocher citizens and give something back.
Spending is and always has been the problem. Taxing producers never works. They sit on their capital.
Raising taxes on producers always hurts the lower middle class and poor the most. They rely on consumption from the producers to fund their jobs.
Something about the free market.

 

[JimH52]

Soooo, everything is on the table except rolling back the rich man's tax cuts? I love the way Canyousee me? Cantor plays the political game.

Hey....times are tough and we ALL have to make sacrifices

Well except for you know who

Pretty Boy Cantor is quite the typical example of a Republican compromiser. Their view of a compromise if, "cut as much as you can from the impovished and low income, but don't ask me to bring the tax rate back up for the wealthy. We need their vote!" What a bunch of Hypocrites.

 

[Gadawg73]

Soooo, everything is on the table except rolling back the rich man's tax cuts? I love the way Canyousee me? Cantor plays the political game.

Hey....times are tough and we ALL have to make sacrifices

Well except for you know who

Pretty Boy Cantor is quite the typical example of a Republican compromiser. Their view of a compromise if, "cut as much as you can from the impovished and low income, but don't ask me to bring the tax rate back up for the wealthy. We need their vote!" What a bunch of Hypocrites.

The compromise is quit passing trillions of debt to my grandkids to pay for and the Republicans will sign off on another debt increase.
Do you know that right now we have over $500,000.00 of unfunded mandates in social security and Medicare per American family.
And that is just those programs alone.
How is mandating a means test so that my grandkids do not have to pay for today's wealth senior's medical bills "cutting from the impovished" (sp?)?
No one with any sense of economics advocates raising taxes and not cutting spending in hard times.
Raising taxes never works to raise revenues. It stymies the capital. No one with $$ puts it into anything that is taxed when taxes go up.

 

[JimH52]

Hey....times are tough and we ALL have to make sacrifices

Well except for you know who

Pretty Boy Cantor is quite the typical example of a Republican compromiser. Their view of a compromise if, "cut as much as you can from the impovished and low income, but don't ask me to bring the tax rate back up for the wealthy. We need their vote!" What a bunch of Hypocrites.

The compromise is quit passing trillions of debt to my grandkids to pay for and the Republicans will sign off on another debt increase.
Do you know that right now we have over $500,000.00 of unfunded mandates in social security and Medicare per American family.
And that is just those programs alone.
How is mandating a means test so that my grandkids do not have to pay for today's wealth senior's medical bills "cutting from the impovished" (sp?)?
No one with any sense of economics advocates raising taxes and not cutting spending in hard times.
Raising taxes never works to raise revenues. It stymies the capital. No one with $$ puts it into anything that is taxed when taxes go up.

Oh, I think the "leave the rich alone" republicans should never sign off on a ceiling increase. They need to hold their line and throw the country into default. It would speed their eventual fate, of being a former political party. Interest rates would jump to 20%+. The world would drop into a deep depression and millions would starve. All that so that the fat rich boys can keep their tax breaks. Sounds like a plan to me!

So, when W asked for a couple increases during his 8 years....not a whimper from the republicans?....

 

[Dot Com]

Cantor (R) bailed just like Hatch (R) Who woulda guessed.

 

[Foxfyre]

I read the OP, the first few pages and briefly scanned the rest of the thread.

Some do seem to understand that we have no money and we are headed for an ecnomomic tsunami from which we will likely not recover if our fearless leaders don't develop a backbone in a hurry.

We don't need compromise. We need consensus to stop spending on EVERYTHING that we don't absolutely have to spend. With near 10% unemployment and a housing market continuing to collapse, raising taxes is not an option.

The CBO now admits that the stimulus doubled the deficit this year alone and probably tripled it when you consider all the unintended negative consequences. The President wants a budget that increases spending. That is not acceptable.

Right now Congress is spending 25% of the GDP. No free nation has remained free for long with that kind of ratio. In a few short years the deficit/debt will exceed the GDP. When that happens we will be done. We won't be able to do anything without authority from China or India who will own us.

Giving this Congress even more money to use is positively irresponsible and nuts.

Cut taxes, make the Bush tax cuts permanent, put in long term regulation as much as possible that will encourage American commerce and industry to bring home the $2 trillion in capital they have parked overseas, and let the private sector get us out of this. And that includes Congress and the President not spending a nickle they don't absolutely have to spend.

 

[Steelplate]

You will never know what you would do if you were a female.
"We as Christians have no right to judge anyone else"
You need to practice what you preach.
Quit the BS.

So, by your quote.... I assume that you are either Pro-Choice, or... a Misogynist who thinks that women... by way of the "original sin" are evil. Not sure, please elaborate.

Do I? How so?

Oh... wait, I get it... Ladygunslinger is allowed to act all pious and "above everyone else" to express her point of view, and no one else is allowed to debate her on the topic because that would be "judging". She got nasty and personal WAY before I did.

Finally... I do not judge her. All I am saying is that God MIGHT not be so kind to people that speak in absolutes and appears not to give a shit about anyone else but themselves.

Conservatives LOVE to speak of the selfishness of the poorest people in our country... some of which have to resort to illegal activities to make a better life for themselves... Because make no mistake. The welfare people that some of you like to associate with everyone that receives welfare benefits... you know... the guy paying for his groceries in Food Stamps, but loads those Groceries in a BMW...Are not affording that BMW through our tax dollars.

But they are the exception to the rule... Drug money does not get reported as income, does it? Unless you are saying that all people on welfare are drug dealers...Which is nothing more than wrong and perhaps wrapped in slightly veiled bigotry.

 

[Steelplate]

Soooo, everything is on the table except rolling back the rich man's tax cuts? I love the way Canyousee me? Cantor plays the political game.

51% of Americans pay NO tax. When will it be time for them to have their taxes RAISED?
And quit taking as moocher citizens and give something back.
Spending is and always has been the problem. Taxing producers never works. They sit on their capital.
Raising taxes on producers always hurts the lower middle class and poor the most. They rely on consumption from the producers to fund their jobs.
Something about the free market.

51% of Americans do no pay NO TAX. 51% of Americans may not pay any Federal Income Tax... but ALL OF US pay taxes.

 

[rdean]

This morning we find out that House Majority leader Eric Cantor is withdrawing from negotiations over the debt ceiling talks, citing the dems unwillingness to move from thir stance on tax hikes. Cantor says a tax hike cannot pass the House and so he pulled out of the meetings.

My opinion, he can spout off about it, but walking away does not look good. Reminds me of the dems that left Wisconsin or Indiana a little bit, you're supposed to keep fighting and talking rather than quit. I'm sure this is an attempt to apply political pressure on the president, McConnell is already saying the president has to lead. Maybe it makes political sense, but could backfire if the public's perception is that the GOP is being too stubborn and uncooperative. People want results not finger pointing.

Democrats walked away because they were trying to protect people.

Republicans walk away because they are angry they can't squeeze out a little more for the rich benefactors.

Yea, it's EXACTLY the same thing.

The Republican Party is 90% white.

The Democrats are "everyone else".

That makes them "EXACTLY" the same.

How right wingers can get the "same" out of "so different", I'll never know.

 

[Steelplate]

Press Releases

The Pennsylvania Senate approved Senate Bill 3 on a 37-12 vote that lawmakers described as a common sense piece of legislation which would ensure that Pennsylvania is not forced into the abortion business as a result of so-called health care reform. The legislation now goes to the state House for consideration.

Senate floor later, Sen. Larry Farnese, D-Philadelphia, criticized the bill saying it would make it harder for women to get abortions.

“This is not a new or radical step for Pennsylvania, but rather an extension of the restrictions we already have in place for (Medicaid) and other taxpayer-subsidized programs,” countered the bill’s sponsor, Sen. Don White, R-Indiana.

Pennsylvania Senate OKs Cutting Obamacare Abortion Funding | LifeNews.com

Care to explain why the Pennsylvania Senate has a bill to exclude abortions?

Sure... I live in PA and can tell you with great accuracy... because they were pandering to paranoid people.. .just like you. Despite Obama winning PA in '08... Pennsylvania is very much a fringe state.

BTW, I didn't ask for more questions... I asked you to prove that Planned Parenthood uses Taxpayer dollars for abortion.... a procedure that makes up 3% of their total budget.

 

[oreo]

This morning we find out that House Majority leader Eric Cantor is withdrawing from negotiations over the debt ceiling talks, citing the dems unwillingness to move from thir stance on tax hikes. Cantor says a tax hike cannot pass the House and so he pulled out of the meetings.

My opinion, he can spout off about it, but walking away does not look good. Reminds me of the dems that left Wisconsin or Indiana a little bit, you're supposed to keep fighting and talking rather than quit. I'm sure this is an attempt to apply political pressure on the president, McConnell is already saying the president has to lead. Maybe it makes political sense, but could backfire if the public's perception is that the GOP is being too stubborn and uncooperative. People want results not finger pointing.

Barack Obama is not a LEADER. He's out on the Golf Course--so he sends Joe Biden to handle the debt ceiling crisis. And for those of you that voted for Barack Obama--that's what community organizer's do. They delegate work to OTHERS. They don't get their hands dirty in policy--they are just the "John Doe" with the pen in hand after other's handle the issues.

You want results--vote for a Leader next time--not a "rock star."

 

[jillian]

This morning we find out that House Majority leader Eric Cantor is withdrawing from negotiations over the debt ceiling talks, citing the dems unwillingness to move from thir stance on tax hikes. Cantor says a tax hike cannot pass the House and so he pulled out of the meetings.

My opinion, he can spout off about it, but walking away does not look good. Reminds me of the dems that left Wisconsin or Indiana a little bit, you're supposed to keep fighting and talking rather than quit. I'm sure this is an attempt to apply political pressure on the president, McConnell is already saying the president has to lead. Maybe it makes political sense, but could backfire if the public's perception is that the GOP is being too stubborn and uncooperative. People want results not finger pointing.

cantor pulled out because he knows there is no choice but to cut spending AND raise taxes and he doesn't want his name associated with tax hikes.

mcconnell is just a nutcase. useless and angry.

you're correct that people want results. and i think the right would find that people wouldn't have a problem with shared sacrifice... as long as it's actually shared. you can't ask the middle class to carry the cost of the wars and the cost of tax cuts for the wealthiest one percent.

I'd take on more of the burden. IF, I knew my money wasn't being wasted.

As it is, I still don't trust them enough not to blow it, again.

i don't have a problem cutting waste. and i think we don't have a choice but to do so.

but they need to stop tossing money into sink holes like iraq.

 

[rdean]

cantor pulled out because he knows there is no choice but to cut spending AND raise taxes and he doesn't want his name associated with tax hikes.

mcconnell is just a nutcase. useless and angry.

you're correct that people want results. and i think the right would find that people wouldn't have a problem with shared sacrifice... as long as it's actually shared. you can't ask the middle class to carry the cost of the wars and the cost of tax cuts for the wealthiest one percent.

I'd take on more of the burden. IF, I knew my money wasn't being wasted.

As it is, I still don't trust them enough not to blow it, again.

i don't have a problem cutting waste. and i think we don't have a choice but to do so.

but they need to stop tossing money into sink holes like iraq.

I thought Iraq was a "stunning" success. Didn't the "surge" work? Aren't they now a free democracy? Don't they celebrate "America Appreciation Day"? Aren't women "free"?

Oops,

Guess not.

You're right. It IS a "sink hole".

 

[rdean]

Press Releases

The Pennsylvania Senate approved Senate Bill 3 on a 37-12 vote that lawmakers described as a common sense piece of legislation which would ensure that Pennsylvania is not forced into the abortion business as a result of so-called health care reform. The legislation now goes to the state House for consideration.

Senate floor later, Sen. Larry Farnese, D-Philadelphia, criticized the bill saying it would make it harder for women to get abortions.

“This is not a new or radical step for Pennsylvania, but rather an extension of the restrictions we already have in place for (Medicaid) and other taxpayer-subsidized programs,” countered the bill’s sponsor, Sen. Don White, R-Indiana.

Pennsylvania Senate OKs Cutting Obamacare Abortion Funding | LifeNews.com

Care to explain why the Pennsylvania Senate has a bill to exclude abortions?

Sure... I live in PA and can tell you with great accuracy... because they were pandering to paranoid people.. .just like you. Despite Obama winning PA in '08... Pennsylvania is very much a fringe state.

BTW, I didn't ask for more questions... I asked you to prove that Planned Parenthood uses Taxpayer dollars for abortion.... a procedure that makes up 3% of their total budget.

Funny, the Chamber of Commerce gets untold millions from foreign countries like China and India. They give untold millions to more than 90% Republicans.

But they say the money is in "separate" accounts. Republicans are terrified a penny might go to "abortion", but completely don't care about an organization dedicated to moving American jobs to other countries who pays their leaders untold millions to help companies move those jobs. Hilarious.

 

[oreo]

I'd take on more of the burden. IF, I knew my money wasn't being wasted.

As it is, I still don't trust them enough not to blow it, again.

i don't have a problem cutting waste. and i think we don't have a choice but to do so.

but they need to stop tossing money into sink holes like iraq.

I thought Iraq was a "stunning" success. Didn't the "surge" work? Aren't they now a free democracy? Don't they celebrate "America Appreciation Day"? Aren't women "free"?

Oops,

Guess not.

You're right. It IS a "sink hole".

It's very difficult to move FORWARD--when one is continually looking out their rear view mirror.

 

[Vel]

Press Releases

The Pennsylvania Senate approved Senate Bill 3 on a 37-12 vote that lawmakers described as a common sense piece of legislation which would ensure that Pennsylvania is not forced into the abortion business as a result of so-called health care reform. The legislation now goes to the state House for consideration.

Senate floor later, Sen. Larry Farnese, D-Philadelphia, criticized the bill saying it would make it harder for women to get abortions.

“This is not a new or radical step for Pennsylvania, but rather an extension of the restrictions we already have in place for (Medicaid) and other taxpayer-subsidized programs,” countered the bill’s sponsor, Sen. Don White, R-Indiana.

Pennsylvania Senate OKs Cutting Obamacare Abortion Funding | LifeNews.com

Care to explain why the Pennsylvania Senate has a bill to exclude abortions?

Sure... I live in PA and can tell you with great accuracy... because they were pandering to paranoid people.. .just like you. Despite Obama winning PA in '08... Pennsylvania is very much a fringe state.

BTW, I didn't ask for more questions... I asked you to prove that Planned Parenthood uses Taxpayer dollars for abortion.... a procedure that makes up 3% of their total budget.

Funny, the Chamber of Commerce gets untold millions from foreign countries like China and India. They give untold millions to more than 90% Republicans.

But they say the money is in "separate" accounts. Republicans are terrified a penny might go to "abortion", but completely don't care about an organization dedicated to moving American jobs to other countries who pays their leaders untold millions to help companies move those jobs. Hilarious.

rdean.. why pay for abortions when we can pay for missiles to bomb Libya and put...uh..uh..who did you say is taking power in Libya again?

 

[rdean]

Sure... I live in PA and can tell you with great accuracy... because they were pandering to paranoid people.. .just like you. Despite Obama winning PA in '08... Pennsylvania is very much a fringe state.

BTW, I didn't ask for more questions... I asked you to prove that Planned Parenthood uses Taxpayer dollars for abortion.... a procedure that makes up 3% of their total budget.

Funny, the Chamber of Commerce gets untold millions from foreign countries like China and India. They give untold millions to more than 90% Republicans.

But they say the money is in "separate" accounts. Republicans are terrified a penny might go to "abortion", but completely don't care about an organization dedicated to moving American jobs to other countries who pays their leaders untold millions to help companies move those jobs. Hilarious.

rdean.. why pay for abortions when we can pay for missiles to bomb Libya and put...uh..uh..who did you say is taking power in Libya again?

Even Lindsey Graham and John McCain said Obama saved lives by stopping Qaddafi from killing his own people. Besides, why do right wingers care so much about abortion? They don't care about the baby after it's born.

 

[Vel]

Funny, the Chamber of Commerce gets untold millions from foreign countries like China and India. They give untold millions to more than 90% Republicans.

But they say the money is in "separate" accounts. Republicans are terrified a penny might go to "abortion", but completely don't care about an organization dedicated to moving American jobs to other countries who pays their leaders untold millions to help companies move those jobs. Hilarious.

rdean.. why pay for abortions when we can pay for missiles to bomb Libya and put...uh..uh..who did you say is taking power in Libya again?

Even Lindsey Graham and John McCain said Obama saved lives by stopping Qaddafi from killing his own people. Besides, why do right wingers care so much about abortion? They don't care about the baby after it's born.

So you mean you don't KNOW who our bombs might put into power. Just say so then. And if a government killings it's own people is the criteria, when do U.S bombs start landing in Syria?

 

[Flaylo]

Fack it, let Cantor walk out on the talks and let the Repugs continue to play hardball, the debt ceiling will not raise and then a major crisis will happen, his walking out will go down in history as taking an uncomprimising stand to futility. Its time for people to call the bluff of shatheads, its not all their way or no way, let the people see that that kind of stance is what leads to crisis because regardless whether the ceiling gets raised or not Cantor isn't going suffer, neither him nor his family.