Senate Democrats release first budget in four years

Fox News ^ | March 13, 2013

[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 country’s 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.

[Sopater]

Ah, finally.

[vpintheak]

What a joke!

[tgusa]

” The rest of the savings would come through spending cuts.”

ROTFLMAO

[Zuben Elgenubi]

Translation: TAX THE MIDDLE CLASS. THAT’S WHERE THE MONEY IS.

[Jim Robinson]

The Marxist idiots and their central planning. God laughs.

[rktman]

Raise taxes. Keep spending at x rate above what we got comin’ in. Looks good. Done deal. Not so much.

[Red Badger]

DOA........BTW, I thought that all bills that contained spending had to originate in the House..........

[Uncle Miltie]

$1,000,000,000,000.00 in tax increases, and no balanced budget ever!

[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.

http://constitutionus.com/

[Scooter100]

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.

[Georgia Girl 2]

“The Senate on Wednesday presented its first budget in four years”

Well sort of.

[Slyfox]

What do mean 'where is the rest of it'?

[Sopater]

God laughs.

And we all laugh with Him.

[Jim Robinson]

The new Marxist standard: You’ve got to vote for the bill to see what’s in it.

[Venturer]

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?

[Sopater]

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...

[Jim Robinson]

Paraphrasing Nancy Pelosi: Where is it authorized in the constitution? The Constitution? LOL! You’ve got to be kidding me.

[Red Badger]

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.........

[stylin19a]

“Despite some of the rhetoric you may hear from my Republican colleagues, the Great Recession didn’t 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.

[TexasCajun]

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.