salinsky wrote: PACEDOG#1 wrote:http://www.cnbc.com/id/49731550
He's willing to raise taxes along with making spending cuts. The Speaker needs to make sure the cuts are not transferred to spending on items elsewhere.
* Cut food stamps back to the 2009 levels. Hell, if the SRCSB can operate on a budget 12 million less than what we were funded on in the 07-08 school year, by God so can the federal government.
Ahem, what John of Orange rolled out was Romney’s plan. Lock, stock, and barrel. Cut tax rates across the board. Limit deductions. “Overhaul” (read: gut) entitlements. And dismiss deficit concerns through “dynamic scoring.”
Let's be clear here. What Boehner less than 24 hours after the election is asking Obama to adopt, wholly, is Mitt Romney’s economic plan.
How about, no?
Please explain the difference between Dynamic and the beloved Progressive Static scoring and how that affects our budget.
As for cutting entitlements. In addition to welfare, food stamps, free ObamaPhones how are we NOT going to cut the cost of entitlements. Remember, we have these too.
Where will this money come from? Please don't say the "RICH", they don't have anywhere NEAR this much money.
Current Debt . . . $16.3 TRILLION Plus the $1.2 TRILLION proposed by President Barack Hussein Obama for 2013. (No budget approved)
Unfunded Liabilities (money we have PROMISED, do not have, nor do we have it coming in)
Social Security. . . . $15.9 TRILLION (10,000 Baby Boomers RETIRE EVERY DAY) (How many workers are entering the job market daily?)
Prescription Drugs .$20.4 TRILLION
Medicare. . . . . . . . $83.4 TRILLION
Total Unfunded Liabilities $120.4 TRILLION!
Number of Households in 2010 = 112,611,029
Unfunded Liability Per household $1,053,398.00
http://www.usdebtclock.org/index.html
PLUS ObamaCare and Untold TRILLIONS more in TAXES
Where will all that money come from? The rich people? Why will they produce more only to have the government take more?