Tuesday, July 12, 2011

Re: [Fwd: News Alert: Deficit Talks Scaled Back Over Tax Increases]

The problem I have with this is that I have seen this before, got the
t-shirt and all. Tip o'Neil promised Reagan that if they got the tax
increases they would cut the spending. Did not happen. Bush I was
promised the same when he approved the tax increases. Did not happen.
Clinton was also promised the same by hs Dem Congress. Did not happen.
Bush II was promised the same several times. Did not happen. What
makes you think that the Dems will follow through now under the same
circumstances. I want to see the spending cuts proposed, passed,
signed, selaed and delivered first. Then and only then talk about tax
increases (revenue enhancements as the Dems try to euphemize the
stuff). No spending cuts? No tax increases. You have to realize that
the Dems have a long history of promising much and doing little in the
matter. I would not give them the chance to skrew the voters again.

Coach wrote:
> Imagine this, Jan 2011 Obama says to GOP leadership, I am willing to
> cut $4T from the deficit in 10-12 years. Of that amount, $3.2T will
> come from cuts in spending, $800B needs to come from tax reforms
> (reevaluating deductions, foolish tax breaks that have become
> entitlements). I think the GOP would be holding a victory parade down
> Pennsylvania Ave. It's time to realize this problem needs a wide
> range of solutions instead of pigeon holing it to one action plan.
> Businesses not only keep a tight reign on their expenses, but they
> raise prices when needed (as a last resort). So why is the US
> government not allowed?
>
> On Jul 9, 8:47 pm, dick thompson <rhomp2...@earthlink.net> wrote:
>
>> Do not agree with Boehner on this at all.
>>
>>
>>
>> [ Attached Message ]From:NYTimes.com News Alert <nytdir...@nytimes.com>To:rhomp2...@earthlink.netDate:Sat, 09 Jul 2011 20:35:20 -0400Local:Sat, Jul 9 2011 8:35 pmSubject:News Alert: Deficit Talks Scaled Back Over Tax IncreasesBreaking News Alert
>> The New York Times
>> Saturday, July 9, 2011 -- 8:23 PM EDT
>> -----
>>
>> Deficit Talks Scaled Back Over Tax Increases
>>
>> Citing differences over tax revenues, House Speaker John A. Boehner on Saturday night said he would drop his push with President Obama for a far-reaching, $4 trillion deficit-reduction plan tied to a proposal to increase the federal debt limit.
>>
>> On the eve of a second round of high-level bipartisan talks set for Sunday, Mr. Boehner issued a statement saying he would now urge negotiators to instead focus on trying to craft a smaller package more in line with the $2 trillion in cuts negotiated by Vice President Joseph R. Biden Jr.
>>
>> Read More:http://www.nytimes.com/?emc=na
>>
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>>
>
>

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