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Senate Democrats release first budget in four years
Fox News ^
| March 13, 2013
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 ...
TOPICS: Government; News/Current Events; Politics/Elections
KEYWORDS: budget; spending; taxes
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Ah, finally.
1
posted on
03/13/2013 1:37:23 PM PDT
by
Sopater
To: Sopater
2
posted on
03/13/2013 1:39:40 PM PDT
by
vpintheak
(Occupy your Brain!)
To: Sopater
” The rest of the savings would come through spending cuts.”
ROTFLMAO
3
posted on
03/13/2013 1:39:50 PM PDT
by
tgusa
(gun control: deep breath, sight alignment, squeeze the trigger .......)
To: Sopater
Translation: TAX THE MIDDLE CLASS. THAT’S WHERE THE MONEY IS.
To: Sopater
The Marxist idiots and their central planning. God laughs.
5
posted on
03/13/2013 1:43:48 PM PDT
by
Jim Robinson
(Resistance to tyrants is obedience to God!!)
To: Zuben Elgenubi
Raise taxes. Keep spending at x rate above what we got comin’ in. Looks good. Done deal. Not so much.
6
posted on
03/13/2013 1:44:05 PM PDT
by
rktman
(BACKGROUND CHECKS? YOU FIRST MR. PRESIDENT!(not that we'd get the truth!))
To: Sopater
DOA........BTW, I thought that all bills that contained spending had to originate in the House..........
7
posted on
03/13/2013 1:44:38 PM PDT
by
Red Badger
(Lincoln freed the slaves. Obama just got them ALL back......................)
To: Sopater
$1,000,000,000,000.00 in tax increases, and no balanced budget ever!
8
posted on
03/13/2013 1:46:08 PM PDT
by
Uncle Miltie
(Due Process 2013: "Burn the M*****-F***er Down!")
To: Jim Robinson
US Constitution
Article 1
Section 7
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.
http://constitutionus.com/
9
posted on
03/13/2013 1:46:10 PM PDT
by
Red Badger
(Lincoln freed the slaves. Obama just got them ALL back......................)
To: Sopater
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.
10
posted on
03/13/2013 1:46:50 PM PDT
by
Scooter100
("Now that the fog has lifted, I still can't find my pipe". --- S. Holmes)
To: Sopater
“The Senate on Wednesday presented its first budget in four years”
Well sort of.
11
posted on
03/13/2013 1:47:25 PM PDT
by
Georgia Girl 2
(The only purpose of a pistol is to fight your way back to the rifle you should never have dropped.)
To: Sopater
What do mean 'where is the rest of it'?
12
posted on
03/13/2013 1:47:47 PM PDT
by
Slyfox
(Arbitrary power is most easily established on the ruins of liberty abused to licentiousness -G Wash.)
To: Jim Robinson
God laughs.
And we all laugh with Him.
13
posted on
03/13/2013 1:47:56 PM PDT
by
Sopater
(...where the Spirit of the Lord is, there is liberty. - 2 COR 3:17b)
To: Slyfox
The new Marxist standard: You’ve got to vote for the bill to see what’s in it.
14
posted on
03/13/2013 1:48:58 PM PDT
by
Jim Robinson
(Resistance to tyrants is obedience to God!!)
To: Sopater
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?
15
posted on
03/13/2013 1:49:45 PM PDT
by
Venturer
To: Red Badger
US Constitution
Article 1
Section 7
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.
Evidently and outdated old document...
16
posted on
03/13/2013 1:51:16 PM PDT
by
Sopater
(...where the Spirit of the Lord is, there is liberty. - 2 COR 3:17b)
To: Red Badger
Paraphrasing Nancy Pelosi: Where is it authorized in the constitution? The Constitution? LOL! You’ve got to be kidding me.
17
posted on
03/13/2013 1:51:34 PM PDT
by
Jim Robinson
(Resistance to tyrants is obedience to God!!)
To: Jim Robinson
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.........
18
posted on
03/13/2013 1:58:02 PM PDT
by
Red Badger
(Lincoln freed the slaves. Obama just got them ALL back......................)
To: Sopater
Despite some of the rhetoric you may hear from my Republican colleagues, the Great Recession didnt start the day President Obama was elected, said Murray, D-Wash.
She's right. It started when the RATS held a veto-proof majority in both houses....2007. Economy went down the tubes on their watch.
19
posted on
03/13/2013 2:17:53 PM PDT
by
stylin19a
(obama - Fredo smart)
To: Jim Robinson
Only in Washington is a decrease in your budget increase a budget cut even when the dept. gets more money than the previous year.
Why is the Secret Service furloughing people when they will have more money than their last fiscal year.
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