There's no hope

[SamIam]

Quit declaring wars that are founded on lies and repeal the tax cuts for the wealthy. We actually were on the plus end of things under Clinton. Then GW Jr. decided to institute welfare for Halliburton el al and turn his billionaire friends into trillionaires. Nothing beats settling a score for the old man - especially when everyone else has to pay for it.

[TheMercenary]

Originally Posted by SamIam

Nothing beats settling a score for the old man - especially when everyone else has to pay for it.

There in lies the problem. Everyone else is not paying for it in Federal Income Tax. Flatten the tax and make everyone pay then they can be invested. Raise the ceiling amount to tax wages on SS and that would be fixed in a day. Obama proposed to cut the budget by 1/35,000th and ignored his own debt commission. He failed.

[Fair&Balanced]

Originally Posted by TheMercenary

There in lies the problem. Everyone else is not paying for it in Federal Income Tax. Flatten the tax and make everyone pay then they can be invested. Raise the ceiling amount to tax wages on SS and that would be fixed in a day. Obama proposed to cut the budget by 1/35,000th and ignored his own debt commission. He failed.

As I look at the budget numbers, Obama cuts about $33 billion and the Republicans cut about $61 billion.

The problem I see with many of the Republican cuts are that they just kick higher costs down the road.

The best examples are completely gutting Title X family planning funding (kills funding for preventive care for the poor and will simply add much more to Medicaid costs down the road), significantly cutting infrastructure funding (if you dont start repairing it now, it will only cost more later) and significantly cutting investments in clean energy (enabling China, India, etc to move further ahead).

Neither side is addressing entitlements or, as the deficit commission recommended, the necessity for tax increases as part of the mix. So, in that respect, they both fail.

Oh and that 1/35,000th figure tossed around conservative blogs? I would like to see the documentation.