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 ...
But more to the point, he refers to : "... $1.2 trillion that's spent every year. SPENT???? By whom, Lindsay? It's not your money, jackass!!!!!
” Apparently, both the standard deduction and personal exemption are “loopholes.”
LOL!
RINOs are going to be the death of the GOP and the country.
Medicare and social security aren’t at issue here. But the GOP is certainly playing into Obama’s hands if they pretend that they are.
Wow! What a surprise... NOT!
Ahh forget it....I can’t say what I want to say because it would have something to do Graham doing the AnointedIdiot and one particular oral habit of homosexuals.....=.=
I'm not ok with my state taxes getting taxed again at the Federal level.
But I think that's the large pot of money he's going after.
Think of all those wealthy folks paying 7,8,even 10% in state and local taxes in NY, CA, and so on. The amount of taxable income jumps 7, 8, or even 10% when this kicks in.
Sometimes one must sit back and ask oneself; “What exactly IS IT that makes me a Republican?” What do I belileve?” And if those beliefs no longer line up with a majority of G.O.P. beliefs, you need to leave the party.
You see Lizzy, a political movement is like a millipede. For the millipede to move, all of the legs have to work together. You know what you are Lizzy? You are a busted leg.
(With apologies to Stewie Griffin.)
Graham has bent over and taken it from the RATS so many times that he’s come to enjoy it.
Fool.
There’s no doubt. Said it before, but there is no other explanation for the ease at which the GOP turns to the Dem position. Sure, they put on a show for a while, but in the end it’s always the same.
Any investigative journalists wanting a Pulitzer could easily get one. Except they are mostly Lefties themselves and nailing a GOP closet case would hurt their interests.
We have to get rid of them. There is NOTHING on the planet more or easier blackmailable than a Homosexual GOP politician still in the closet. NOTHING.
Someone must have pictures of him in a compromising position. Why can’t SC put up someone against him?
The only “hike” I want Goober to take is a “hike” out of Congress.
He’s worse than sour milk.
Not to forget Hugh Hewitt, who was a big Lamar! booster.
One thing consistent with Medved and Hewitt is that you can count on them to be trashing conservatives and pushing GOP rinos and hacks.
“he basic problem OVERSPENDING (and size of government)”
Bump dat!
Reagan raised taxes, but he lowered the tax rates dramatically. That’s because he did away with interest rate deductions, and the like.
If tax rates are lowered dramatically, all is well.
But, I don’t see that as being Barry’s objective.
I keep telling people that Howard Raines warned us before the election in 2008, that Boehner was going to take a dive on Obamacare, because the Fortune 500/Business Roundtable bunch want it -- so they can dump off their private healthcare premiums and turn that money to pure profit. (They think.)
Boehner's taking a dive. He changed the subject at the beginning of the year to budget-balancing, and jerked up his committee chairs who didn't get on the team. He also stiffed Michele Bachmann, Mrs. Tea Party in the House, and denied her a leadership position AFTER the Tea Party folks handed him the Speaker's gavel.
He's taking the whole country over the Obamacare cliff, because that's what the Masters of the Universe want.
Anybody think not?
Graham is letting his loyalty show in his choice of language -- Teddy Kennedy used to call "tax expenditures" anything the IRS let you keep. All deductions, exemptions, and credits were "tax expenditures" in Teddy-Lingo.
2014?
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