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#26 | |
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Location: Johns Creek, GA
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#27 | |
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Location: Forgottonia
Posts: 2,896
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My expectation is that looking over the cliff is to frightening, so logically we choose to climb higher. I don't think for a second there will be any real progress made. Smoke and mirror cuts that don't take effect until after the next election. Minor increases in some fees/taxes that will not make a dent in the deficit. |
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#28 |
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Posts: 91
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No, I don't have any links; I'm just going by memory. I was wrong on the Ryan budget bill, though, as that was voted on and defeated in the Senate. I distinctly remember reading about bills that were passed in the House that Reid wouldn't even bring up for a vote, though. In fairness to him, he has been pretty busy lately, slandering Mitt Romney about his taxes and generally using the Senate floor for the people's business.
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#29 |
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Posts: 865
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Tax cuts to fund more wars, entitlements, and social programs. Win-win all the way around.
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#30 |
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My bet is they vote on a deal on taxes right after Jan 1 so they can say they cut taxes instead of raising them. I bet payroll taxes go up, a bunch of deductions get cut or taken out (home mortgage especially) and total deductions get capped for high incomes. I bet the top tax rate goes up but not all the way to 39. Cap gains don't go over 20. Corporate deductions are cut but the rate goes down.
I bet the spending deal is mostly a cap on spending in later years that doesn't say what's going to get cut. They give back most of the military cuts but get rid of earmarks and cut pensions and farm subsidies. |
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#31 |
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Posts: 683
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They need to raise the Soc Sec tax back up to 12.4%. Stupid idea to cut it to begin with. The earnings ceiling on SS taxes will be raised. Medicare taxes will need to rise, somewhere in the 4-4.5% neighborhood. I could see the R's make a deal to stand their ground on taxes but agree to eliminate some deductions among some other tweaks, making taxes go up without "raising taxes".
None of that will help much without massive spending cuts, most of it needs to come from the military budget. We outspend the Iranians 10 to 1. If we can't cut that to 6 to 1 without being scared to death of them that doesn't say much for us. Defense, Medicare and SS are the 3 largest parts of the budget, so cutting anything else without cuts in these three won't accomplish much. |
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#33 | |
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Posts: 14,923
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I think you are pretty much correct on everything else though I think they make cuts to medicare and social security instead of increasing payroll taxes. Expect the retirement age to raise to 70. That could be big trouble in little China if they lock up the IRA's and 401K's until that age as well. __________________ "To forbid us anything is to make us have a mind for it." Michel Eyquem de Montaigne |
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#34 | |
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Posts: 14,923
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![]() And I would bet EVERYTHING I own that that will never happen either. I could imagine them saying you have saved too much of your own money to qualify for Social Security distributions but no way they let you stop making contributions. __________________ "To forbid us anything is to make us have a mind for it." Michel Eyquem de Montaigne |
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#35 | |
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Location: Bethalto, IL
Posts: 1,260
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Yet in reality MY contributions are being tapped to pay for other things. In theory it is a great idea but in reality it is just money that the Govt essentially will have stole from me. You'd never "invest" in a back then go back to that bank later on asking for you money back and they in turn say sorry we don't have it anymore. Ack this is why I hate talking about politics it gets me steamed and irriated! |
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#36 |
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Posts: 6,310
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So you're encouraging me to be reckless and not save anything? That's the message, right?
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#37 | |
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Posts: 14,923
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__________________ "To forbid us anything is to make us have a mind for it." Michel Eyquem de Montaigne |
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#38 |
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Posts: 14,923
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No way. You are going to get robbed but you will always be better off than Club Parasite.
__________________ "To forbid us anything is to make us have a mind for it." Michel Eyquem de Montaigne |
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#39 | |
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#40 |
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BS Alert
For about the 100th time. The Democrats in the Senate perverted the filibuster in the 2007-8 Congress and forced over 100 cloture votes. The Republicans being the petty fools that they are upped the ante and when they were in the minority there were over 100 cloture votes in the first year. __________________ "To forbid us anything is to make us have a mind for it." Michel Eyquem de Montaigne |
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#41 | |
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Posts: 78
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http://healthreformtrends.com/2010/0...buster-factor/ |
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#42 | |
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Posts: 14,923
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__________________ "To forbid us anything is to make us have a mind for it." Michel Eyquem de Montaigne |
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#43 |
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#44 |
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You are a liberal and probably only know liberals. So you probably never saw someone admit they were wrong before. You should try it. You don't need to hunt for something you were wrong about. Just choose anything you've said recently. There's a better than even chance you were wrong about whatever you choose.
__________________ "To forbid us anything is to make us have a mind for it." Michel Eyquem de Montaigne |
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#45 |
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Location: Johns Creek, GA
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#46 | |
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During Bush's first term, Senate Democrats used filibusters to block 10 of his 218 court nominees. Bush renominated seven of them this year, and Senate Majority Leader Bill Frist is threatening to force a confrontation over the issue this week. Edit: I should add this For the 28 district court nominees the Senate has voted on this year, Reid said he filed cloture 19 times. "In other words, we have had to break a Republican filibuster on 67 percent of the district judges we have considered and confirmed," Reid said. Last edited by Clemens; Nov 10, 2012 at 10:06 PM. |
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#47 | |||
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And filing cloture does not equate to a filibuster anymore. The majority routinely files cloture as a procedural move. You can no longer just count up cloture votes and see the effect of the filibuster. Quote:
See page 4 for the quote. Or you can just keep talking the Democatic talking points that have been shown by the Senate itself to be BS. That said the Republicans have done a lot of filibustering. I believe they filibustered ObamaCare nearly 100 times as amendments were added and it kept coming up for votes in the Senate. By the way, the Reid Democrats have actually filibustered a fair number of times in the Senate last term to block popular bipartisan proposals like Keystone. So basically it's another case of liberals being full of sh%% Quote:
__________________ "To forbid us anything is to make us have a mind for it." Michel Eyquem de Montaigne Last edited by DaytonIllini; Nov 11, 2012 at 06:32 AM. |
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#49 |
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LOL. Yeah. You're a moderate. It's just that your definition of moderate would include Lenin and Castro. Got it.
__________________ "To forbid us anything is to make us have a mind for it." Michel Eyquem de Montaigne |
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#50 | |
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Location: Eyes on Portland
Posts: 919
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__________________ "People willing to trade their Freedoms for Security deserve neither and will lose both."- Ben Franklin The Real Me |
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