Obama: ‘We need more revenue’ (a.k.a. tax increases)

Washington comPost ^ | January 14, 2013 | Felicia Sonmez

[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.”

[RitaOK]

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?

[greyfox]

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

[opentalk]

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 )

[popdonnelly]

Damn idiot.

[oldbrowser]

And the GOP eunuchs just sit and wait for somebody to defend them.

[GBA]

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.

[skeeter]

Hang in there, shall we?

'Fraid we have no choice.

[familyop]

"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).