Make no mistake, this is codespeak for... "Time to raise taxes, again."
TELL IT TO THE DAMN IDIOT IN THE WHITE HOUSE....NOT US!!!!
This has been the plan for Obma and the Democrats (and their common masters) all along — drive domestic spending (i.e. welfare, government expansion) into the stratosphere, slash military spending, and hold the line for massive tax increases. Welcome to the United States of Socialism, a member in good standing among the neutered Sociaist regimes of the World.
Then maybe he should have quoted the real cost of the healthcare bill. His complicity in the debt spiral of this country is all too apparent.
Rather than suggest (as have Conservatives) that the Federal Government repeal spending measures and cut back on the invasive 'services' it 'offers', this will be used to justify additional taxation.
“CBO chief says debt ‘unsustainable’”
It seems to me that it is very sustainable. It’s even growing.
Maybe he meant our country is unsustainable with the current debt level and future increases.
The debt is unsustainable you say?
Well if that’s the case, lets write a new $2,000,000,000,000 into law before anyone figures us out!
:sigh:
And Obama is happy about it saying everything is working as planned.
He just figured this out?? Where was he a month ago when the Obamessiah was passing the largest debt increase in world history? This is the kind of traitor that would be hanging on a tree, if we were the kind of nation that still had a set of functioning balls!
I really want to encourage fellow Freepers that we need a well reasoned tax revolution. You can find one at my Google Docs web page: http://docs.google.com/View?id=d9zrjs6_12g68ptbg5
It comes in the form of a Constitutional Amendment.
“As a percentage of gross domestic product, the debt would rise from 53 percent to 90 percent, CBO forecasted. The last time the percentage was that high was right after World War II.”
“You never want a serious crisis to go to waste, and what I mean by that is an opportunity to do things that you didn’t think you could do before.”
Ram (sic) it down our throats Emanuel
Folks, we must win the House this November and increase our numbers in the Senate or else we are in for a lot of pain that would be inflicted on us by the socialists.
Doug Elmendorf, best known for arbitrating the costs of various health care proposals, added his voice to a growing chorus of economic experts who predict dire consequences if political leaders don't scale back spending, increase taxes or both -- and soon.