Posted on 07/06/2011 1:50:51 PM PDT by tcrlaf
Sen. Charles Schumer (D-N.Y.) said Wednesday that Republicans would rather "tank the economy" than end a single tax break.
"In the home stretch of negotiations Republicans seem willing to tank the economy rather than eliminate a single tax subsidy," Schumer said.
"You can't just say my way or the highway," he added referring to a hard line many in the GOP have drawn against raising taxes. "It will lead to a fiscal Armageddon."
Schumer was on the floor to oppose Republicans’ call for a balanced-budget amendment, which would alter the Constitution to ensure that the federal budget is balanced each year.
Schumer called the Republican plan "some ephemeral balanced budget amendment that is not balanced" and also took issue with the approach GOP leadership has taken in negotiating with the White House.
Republicans are "'playing political games like inviting the president to the Capitol when they know he can't to deliver a message he has already heard," he said.
I always hate being so right about these things.
Get ready for the "Republicans want Grandma to eat DOG-FOOD and DIE!!" hysteria. It's coming....
It is neither. It is a borrowing crisis. As usual both parties lie.
Schumer can be guarenteed to say THE MOST MISLEADING and RIDICULOUS things EVERY TIME.
Why does one borrow? To spend. It is a spending crisis. No spending, no need to borrow.
Why does one borrow? To spend. It is a spending crisis. No spending, no need to borrow.
Just keep calling the GOP “extreme” Chuck, isn’t that the strategy you mentioned inadvertently with the press on the phone? Say it enough and the media will pick it up and the the public eventually will believe it. I guess that is worn out so now we just keep saying the GOP is bringing about “Fiscal Armageddon.” Next it will be that the GOP wants to “Kill People.”
LOL! Chuck U. Schumer, you POS politician. DEFUND all socialist collectives, foreign and domestic. It will be a Socialist Armageddon and they can ESAD. STOP FUNDING SOCIALISM BUMP!
Schumer is a scumbag, corrupt New York idiot politician and needs to seriously shut the hell up! =.=
LOL! Chuck U. Schumer, you POS politician. DEFUND all socialist collectives, foreign and domestic. It will be a Socialist Armageddon and they can ESAD. STOP FUNDING SOCIALISM BUMP!
What the Dems and RINOs are truly afraid of is that the American people will see that a decrease in government largesse will actually help the economy enormously.
If the US Government isn’t soaking up all the credit in the universe, others will now have a chance to get some and create real jobs.
That would spell the end of big spending and ergo their political careers............
No borrowing no ability to spend. As long as the ability to spend continues. They will both spend.
They have to BORROW 40 cents of every dollar they spend. It is a borrowing problem.
And them Democrats would rather “tank the economy†than save a single dollar from spendthrift bureaucrats ...
Federal debt finance is paid out of current tax receipts (i.e. - withholding), of which there is at present sufficient cash flow to meet our minimum obligations. There is NO CHANCE we will default on the debt. America has a spending problem and that fact is what is being purposefully hidden by Senator Chuck U, the (Social) Democrat Party, and the Democrat News Media.
“Schumer can be guarenteed to say THE MOST MISLEADING and RIDICULOUS things EVERY TIME.”
Just waiting for the day that Chuckie opens his mouth and someone yells Bullshit!
Its fiscal irresponsibility on the part of Obama who is doing his best to bankrupt the nation and leave the next generations in financial servitude.
The man has ZERO economic knowledge excepting whats necessary to destroy America on every front. Today? America feels his inept policies. Small business? Collapsing along with the mid sized. Even Wal Mart is feeling the pinch in America.
Now, add on more taxes.
He is fear mongering as usual.
Chucky is a schmucky and a schleppy Rat he is,
A slimey sneaky lefty he serves trouble as his biz.
Weiner’s alpha Guru strikes again!
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