Posted on 07/13/2011 9:41:36 PM PDT by rabscuttle385
As Congress and the president try to strike a deal to cut spending and raise the debt ceiling, one Republican Senator tells ABC News that prospects look bleak.
Right now Im very worried, Senator Lindsey Graham (R-S.C.) told ABC News Subway Series. If I were a betting man, Id bet no [deal].
(snip)
Senator Graham said Republicans should be willing to accept a deal that curbs entitlement spending and increases tax revenues by closing loopholes.
(snip)
The obvious solution, Graham said, is for Republicans to give some ground on taxes and for Democrats to give some ground on entitlements. But he doubts negotiators will get there before August 2nd.
(snip)
You're giving money away to a few people at the expense of many, and I think it's time to reevaluate that, Graham said. If you did away with all deductions and exemptions except charitable giving and the mortgage interest, that's $1.2 trillion that's spent every year.
(Excerpt) Read more at blogs.abcnews.com ...
You’ll offend Michael Medved who is a big Lindsey Graham fan.
Shut up Graham. It’s because of weak spine weenies like you that we are in this mess.
Oh my. I won’t get a wink of sleep knowing that. /s
man, I hate this guy. Raising taxes is the coward’s way out (as opposed to making the hard choices of what to cut). This guy’s only concern is keeping his job...it’s certainly not the well being of the country.
So you’re saying he puts the LG in LGBT.
Republicans Should Accept Tax Revenue IncreaseThey're trying really hard for a third party.
What they don't realize is the third party will be the GOP.
By not confiscating even more taxes from successful people, government is "giving money away".
This just floors me.
This sick p.o.s Graham MUST be primaried away. ...Flushed down the toilet like a colossal turd.
If loopholes, excepting mortgage and charitable deductions, are done away with, I’m okay with that
Reagan did away with loopholes, and lowered the tax rate tremendously.
I don’t think that Obama is such a giving mood.
“Graham said. If you did away with all deductions and exemptions except charitable giving and the mortgage interest, that’s $1.2 trillion that’s spent every year.
I don’t like this guy, either, but this makes sense to me.
“...except charitable giving and the mortgage interest...”
How many of you are able to take advantage of anything other than this?
Maybe health care deductions, but that’s all that I can think of...
Is Graham Frank’s new Weiner Holder?
Any time I see or hear of something he's said:
Freepers reject the gay agenda, but what if we all pitch in + send Graham a year’s supply of gay (adult) DVD’s?
That would keep him occupied while we pass some emergency budget caps.
They could have titles like Barney’s Frank and “Anthony’s Weiner — Inside the Moslem Brotherhood.”
Lindsey, just STFU!
Don’t forget Luger.
So, what does the Senator define as a tax loophole?
Apparently, both the standard deduction and personal exemption are "loopholes."
So, what does the Senator define as a tax loophole?
I mean there could be - but in practice I bet there won’t be.
The problem with Graham’s (and other RINOs’) proposal is that it does not address the basic problem — OVERSPENDING (and size of government).
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