Skip to comments.Senate Democrats release first budget in four years
Posted on 03/13/2013 1:37:23 PM PDT by Sopater
The Senate on Wednesday presented its first budget in four years, a proposal by leaders of the Democrat-controlled chamber that calls for nearly $1 trillion in tax increases but includes no strategy to make federal revenue match spending in the coming years.
The plan calls for $975 billion in new tax revenue through closing loopholes and ending deductions and credits benefiting corporations and the countrys highest wage earners.
It also calls for $100 billion in new stimulus spending while cutting $1.85 trillion from the deficit over 10 years. The rest of the savings would come through spending cuts.
(Excerpt) Read more at foxnews.com ...
What a joke!
” The rest of the savings would come through spending cuts.”
Translation: TAX THE MIDDLE CLASS. THAT’S WHERE THE MONEY IS.
The Marxist idiots and their central planning. God laughs.
Raise taxes. Keep spending at x rate above what we got comin’ in. Looks good. Done deal. Not so much.
DOA........BTW, I thought that all bills that contained spending had to originate in the House..........
$1,000,000,000,000.00 in tax increases, and no balanced budget ever!
1: All Bills for raising Revenue shall originate in the House of Representatives; but the Senate may propose or concur with Amendments as on other Bills.
Surely this is a joke. They need to cut a trillion THIS year, not over 10 years. These guys are tinkering with the “interest”, and not attacking the “principal”, if you know what I mean.
“The Senate on Wednesday presented its first budget in four years”
Well sort of.
What do mean 'where is the rest of it'?
The new Marxist standard: You’ve got to vote for the bill to see what’s in it.
I am no mathematician. but when they say the budget will raise the debt by a trillion dollars and that they will also have to raise our taxes by another trillion (975 Billion is enough for me to call it a trillion) That looks like we are spending 2 Trillions dollars more than we can afford.
HTF can we sustain that?
Paraphrasing Nancy Pelosi: Where is it authorized in the constitution? The Constitution? LOL! You’ve got to be kidding me.
This whole deal is nothing more than a publicity stunt for the low info voters and the MSM. The Senate cannot put forth a real budget, they can only propose one, and that’s what this is: a proposal, nothing more. The only reason that they are doing this is so that the Republicans cannot hang “They haven’t passed a budget in four years” around their necks during the next election.........
Why is the Secret Service furloughing people when they will have more money than their last fiscal year.
Democrats lay awake at night thinking up new ways to get their hands on your wallet.
They don’t care that they are already down to sucking the marrow from our bones.
They knmow that the ore money they feed into the federal government, the more money they can steal, scam and redirect to their pals and supporters.
Maybe they could outsource their jobs to the Duma in PuTinLand,, 4 years? wow.
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