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Obama: ‘We need more revenue’ (a.k.a. tax increases)
Washington comPost ^ | January 14, 2013 | Felicia Sonmez

Posted on 01/14/2013 9:24:20 AM PST by Zakeet

President Obama kicked off the final news conference of his first term by renewing his call for Congress to approve a “balanced” deficit-reduction package that includes both spending cuts and new revenues.

Republican leaders have said repeatedly that the Jan. 1 fiscal cliff agreement ended any discussion of raising new revenue and that in upcoming negotiations they would deal only in spending cuts. Obama made clear that he does not agree.

He reiterated that he is “open to making modest adjustments to programs like Medicare.”

“The fact is, though, we can’t finish the job of deficit reduction through spending cuts alone,” Obama added. “We need more revenue.”

[Snip]

“The debt ceiling is not a question of authorizing more spending,” Obama said. “Raising the debt ceiling does not authorize more spending. it simply allows the country to pay for spending that Congress has already agreed to.”

(Excerpt) Read more at washingtonpost.com ...


TOPICS: Business/Economy; Culture/Society; News/Current Events
KEYWORDS: economy; obama; spending; taxes

It's George Bush's fault that we had to spend all that money on pork in all 57 states!

1 posted on 01/14/2013 9:24:29 AM PST by Zakeet
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To: Zakeet

Can’t watch this POS. How’d he do?


2 posted on 01/14/2013 9:27:47 AM PST by skeeter
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To: Zakeet

Scads of pork in every spending bill yet we can’t control spending. What a bunch of morons in D.C. including the Moron in Chief.


3 posted on 01/14/2013 9:31:20 AM PST by From The Deer Stand
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To: Zakeet
Got my stub this morning for the first payday of 2013.
Taxes up 17%
Healthcare up 5%

I am not in the "Rich" category by any means.

4 posted on 01/14/2013 9:33:05 AM PST by grobdriver (Sic semper tyrannis!)
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To: skeeter

Raise the limit on a credit card so you can get cash advances to pay the monthly minimum. Don’t worry about it because you also played the Lottery today and your financial plan is to hit the jackpot.
This is sarcasm and not an actual financial plan. I got a B+ in Accounting 101 which is not taught to Poli-Sci Students at Columbia.


5 posted on 01/14/2013 9:35:50 AM PST by massgopguy (I owe everything to George Bailey)
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To: Zakeet

FYBO and all your dumble friends.

You just GOT your
REVENUE...you do not need more you need to spend less...

I pray the pubbies just shut it down. Be amazing to see how much is saved just from that...


6 posted on 01/14/2013 9:37:22 AM PST by Adder (No, Mr. Franklin, we could NOT keep it.)
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To: skeeter
I listened for about two minutes and then turned him off. This is just his regular campaign speech about how we need more revenues and balanced approach to governing where the rich pay their fair share so that we can invest in our future. I.e education, energy, infrastructure, etc.

He said the GOP has a choice to either pony up a raise in the debt ceiling or cause a default, a credit downgrade, and probably a world crisis. This guy makes me sick. I can't stand to listen to him.

7 posted on 01/14/2013 9:37:55 AM PST by oldbrowser (They are marxists, don't call them democrats)
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To: grobdriver

grob, look up what a “Kulak” was.


8 posted on 01/14/2013 9:39:57 AM PST by massgopguy (I owe everything to George Bailey)
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To: massgopguy

OOOOOOOHHH, the Dauphin sounds irritated!!!!!


9 posted on 01/14/2013 9:41:29 AM PST by massgopguy (I owe everything to George Bailey)
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To: massgopguy

Fact is Boehner already went to Walmart and bought a case of tissues. The RINOS sold out America. I know this because Obama is confident he will get everything he is asking for.


10 posted on 01/14/2013 9:45:42 AM PST by EQAndyBuzz (I own a weapon to protect my family from those wanting to take that weapon away.)
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To: massgopguy
Raise the limit on a credit card so you can get cash advances to pay the monthly minimum. Don’t worry about it because you also played the Lottery today and your financial plan is to hit the jackpot.

Be sure to give yourself some credit because you have cut your cookie budget in 2020 and beyond so everything is solved.

11 posted on 01/14/2013 9:47:41 AM PST by KarlInOhio (Choose one: the yellow and black flag of the Tea Party or the white flag of the Republican Party.)
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To: Zakeet

This isn’t just Obama, although he is one of the worst offenders. We would not be in this situation if a lot of Americans didn’t want a bunch of free stuff paid for by someone else. Americans have been conditioned by 80 years of the Welfare State to believe that they can get all kinds of spending on “education” and “children” and “infrastructure” and helping the “needy” and the “elderly” and having the “rich” pay for it.


12 posted on 01/14/2013 9:48:06 AM PST by Opinionated Blowhard ("When the people find they can vote themselves money, that will herald the end of the republic.")
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To: Zakeet

***IF*** Boehner is true to his word, he won’t negotiate anymore. The House should pass a budget plan that will balance the budget without raising debt ceiling, send it to the Senate and then sit and do nothing until the Senate acts. Then go to conference. If the government has to shut down, so be it.


13 posted on 01/14/2013 9:50:00 AM PST by IamConservative (The soul of my lifes journey is Liberty!)
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To: Zakeet

“....can’t ‘ finish ‘ the job of deficit reduction with spending cuts alone “.

Hells bells there ARE no spending cuts! We may lower increases but have cut nothing. Obviously the Republicans will cut nothing either. They are lost in Alinsky, busy in other issues and match races to amnesty, grousing whether it be for a few, a LOT, or for ALL illegals.


14 posted on 01/14/2013 9:51:11 AM PST by RitaOK ( VIVA CHRISTO REY / Public education is the farm team for more Marxists coming.)
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To: oldbrowser

I’ll bet the pathetic excuses for human beings calling themselves reporters gobbled up his droppings like they were pecan shortbread, too.


15 posted on 01/14/2013 9:54:06 AM PST by skeeter
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To: skeeter

So raising the debt ceiling has nothing to do with spending?
So if my credit limit on my credit card is reached while I am at the store trying to buy a big screen tv,I call the bank and say I have reached my 10 thousand dollar limit,they won’t let me buy this television,the bank tells the store clerk let him have the tv,buying it has nothing to do with spending


16 posted on 01/14/2013 9:55:14 AM PST by ballplayer
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To: massgopguy
Heh.
Guilty.
17 posted on 01/14/2013 9:57:14 AM PST by grobdriver (Sic semper tyrannis!)
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To: Zakeet

So where is the approved budget that outlines the agreed upon spending?

There is a difference between reconciliation bills and credit limit Obama’s statement also indicates he sees spending and borrowing as the same thing. That means he thinks 100% spending is borrowed. That is an inteesting statement by itself.


18 posted on 01/14/2013 9:57:22 AM PST by plain talk
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To: Zakeet

Good grief....he's like a teenage girl who can't stop shopping. Someone please cut up his credit card.

19 posted on 01/14/2013 9:59:29 AM PST by BookmanTheJanitor
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To: ballplayer

President Obama said that the debt ceiling needs to be raised so that we could pay the bills for monies already spent, and he made this point very clearly: We don’t
want to raise the debt ceiling so we can spend more money. This is very confusing to me. If I understand this corrctly, you have a debt ceiling limit but you spend money beyond that limit so you ask for the debt ceiling to be raised. The part I don’t understand is, what
prevents the government from continuing to do the same thing over and over again, in which case why have a debt ceiling at all? The whole thing sounds like jibber jabber to me. Why doesn’t anyone call him on this obvious and deliberate attempt to Bull shit the uninformed?


20 posted on 01/14/2013 9:59:29 AM PST by greyfox (If I were a Democrat I'd be pushing for the fairness doctrine too.)
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To: skeeter

LOL! Skeeter, I am with you. Can NOT watch him, or “IT” is more apt.

Can’t watch FOX either, so what does that tell you for my ability to watch obummer.

Hang in there, shall we?


21 posted on 01/14/2013 10:00:10 AM PST by RitaOK ( VIVA CHRISTO REY / Public education is the farm team for more Marxists coming.)
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To: ballplayer

Obama thinks we are all as stupid as the idiots that voted for him.


22 posted on 01/14/2013 10:01:50 AM PST by greyfox (If I were a Democrat I'd be pushing for the fairness doctrine too.)
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To: oldbrowser
Didn't watch it....Heard Rush's assessment. This administration (msm included) uses every opportunity to make conservatives enemy...public should be scared of.

They don't care or talk about solutions, just minimizing discredit opposition. Includes intentional deception (paraphrase )

23 posted on 01/14/2013 10:03:16 AM PST by opentalk
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To: Zakeet

Damn idiot.


24 posted on 01/14/2013 10:13:01 AM PST by popdonnelly
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To: opentalk
And the GOP eunuchs just sit and wait for somebody to defend them.
25 posted on 01/14/2013 10:15:58 AM PST by oldbrowser (They are marxists, don't call them democrats)
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To: Zakeet
Need more revenue? Cut taxes.

Want more control? Raise taxes.

Do you want to live up to the ideal of no discrimination and treating everyone equally and also be in harmony with the 10 Commandments?

Then tax everyone exactly the same rate.

26 posted on 01/14/2013 10:17:07 AM PST by GBA (Here in the Matrix, life is but a dream.)
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To: RitaOK
Hang in there, shall we?

'Fraid we have no choice.

27 posted on 01/14/2013 10:20:01 AM PST by skeeter
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To: Zakeet
"We need more revenue’"

Well, fire the Treasury printing presses up, because you'll only get less revenue from tax increases. ...even less than that from fee increases.

Fire up those, presses, and see how much your recipients of government incomes can buy with the funny money. Go ahead. ;-)

Bond collapse, interest rates increases, business collapses, eventual repudiation of debt, currency adjustments, broken stranglehold of globalism on America, much smaller government, better leaders in government, academia and business.

Checkmate. Real Americans survive. America builds, produces and populates again, to breed hordes and hordes of big, strong rednecks (survival of the true fittest).


28 posted on 01/14/2013 12:37:03 PM PST by familyop (We Baby Boomers are croaking in an avalanche of rotten politics smelled around the planet.)
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