Posted on 06/23/2011 12:09:01 PM PDT by 92nina
With the non-partisan Congressional Budget Office releasing its updated Budget Outlook on Wednesday, the debt limit discussions led by Vice President Joe Biden were forced to a halt, as Democrats’ arguments that taxes could close the budget deficit were unequivocally muted. House Majority Leader Eric Cantor and Senate Minority Whip John Kyl were forced to pull out of the debt limit discussions when Democrats refused to get serious about the government’s spending crisis. Democrats proved unwilling to focus on the trillions in savings needed to pull the government back from collapse; instead Democrats are willing to let the country default rather than admit their spending addiction needs to be cured. Democrats’ fixation on taxes reveals a serial misunderstanding of the country’s current fiscal health. CBO confirmed yesterday the country cannot tax its way out of its financial mess...
Read more: http://www.atr.org/gop-debt-limit-talks-cut-spending-a6277#ixzz1Q7v7vj4a
(Excerpt) Read more at atr.org ...
Take this article and others I found to the fight to the Libs on their own turf; put the Left on the defensive at Stumbleupon
Take this article and others I found to the fight to the Libs on their own turf; put the Left on the defensive at at Digg and at Reddit and in Delicious and Stumbleupon
Are you crazy???
I think after all this time we should try spending a whole bunch of money to spend our way back to prosperity!
It's at least worth a try to see if it will work isn't it?
according to the article on Drudge, Cantor threw Boehner under the bus by admitting that tax INCREASES could be part of the outcome.
Maybe Cantor should save us a lot of pain and just switch parties...
Although I am not in favor of higher taxes and should be avoided all together, I do realize the seriousness of situation dictates that there may be a increase in some taxes as long as there is a higher level of spending cuts per dollar of taxes. The point is that we have to get this economy growing.
That is key..Republicans and candidates need to get the REAL story out there, before the MSM and Demos get an opportunity to hijack the message.
Why is it, that whichever party is in office, the only real spending cuts they want to make are the other side’s spending?
Hasn’t anyone figured out, that this is why we never get any real spending cuts? Especially with a partisan congress.
That would be an entirely reasonable argument... we're we not depending upon the sincerity of proven serial liars. Tax increases always go into effect. Spending cuts are never fully approved, and even if promised, never actually materialize. Our illustrious Senate has not passed a budget document for nearly two years, while the House Democrats continue to play Lucy to the GOP's Charlie Brown; daring them again to trust them, just this once.
Maybe Cantor played to the rats so the Rats would go nuts trying to get Cantor to implement it.
The Rats said tax. Cantor said no.
Pwned
Concur. The GOP is holding all the cards, notwithstanding the MSM, because if the economy craters further, Obama will be blamed by the American people.
Good or bad, the president always gets the blame or the credit for the condition of the economy.
We need an immediate down payment of at least $400 billion in cuts in FY 12 alone to calm the markets.
The fact, the RATS and Obama himself are still hoping that the whole problem will somehow magically disappear — they are whistling past the graveyard.
I agree.
GOP politicians will resume with spending toward default. They’re only trying to find the most deceptive way to do so. So Democrats are worse, yes. But we’re headed toward default.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.