Posted on 07/19/2011 1:45:00 PM PDT by tobyhill
>>> Kills 401k plans, IRAs, home interest deduction, employer-provided health insurnace, raises rates on dividends, interest and capital gains.
A job killer. A wealth destroyer. <<<
Obama liked to ask “At some point, you have accumulated enough wealth.”
Any couple would be fools to max out their 401(k) contributions (if they have them), saving the rest in other IRA’s and/or savings accounts, invest in stocks, and live a modest lifestyle in a modest home.
Foolish, I tell’ya.
Hope and pray the Tea Party Candidates in the House NAIL THIS DEAD.
EACH and EVERY GOP Senator who voted for this should be a marked man in the next election.
I can just guess who they were: Snowe, Lugar, Collins, McCain, and the Nanometrical Pustule of Pusillanimous Putrescence.
I agree gang of six sucks, I think calling them selves a ‘gang’ sucks.. we have enough gang violence in my city now, without glorifying it and naming a group of so called leaders a gang..
The six senators backing the deficit initiative are Tom Coburn, R-Okla., Mike Crapo, R-Idaho, Saxby Chambliss, R-Ga., Kent Conrad, D-N.D., Mark Warner, D-Va., and Dick Durbin, D-Ill.
Contact the GOP criminals and tell them what you think of them.
Contact that unctious weasel McConnell, and tell what to think about this since he doesnt know.
http://chambliss.senate.gov/public/index.cfm?p=Email
http://coburn.senate.gov/public/index.cfm/contactsenatorcoburn?p=ContactForm
http://crapo.senate.gov/contact/email.cfm
http://mcconnell.senate.gov/public/index.cfm?p=ContactForm
Heading for another “read my lips” moment
“revenue component”
`payroll premiums.’
I agree gang of six sucks, I think calling them selves a ‘gang’ sucks.. we have enough gang violence in my city now, without glorifying it and naming a group of so called leaders a gang..
Gang of 6 = 6-pack of Clueless.
Here's the toll free number (for the traitors in the Senate) : 888-226-4851
Oh hell no!
This is truly absurd. No debate, and no discussion and these disgusting pigs want to pass this in the dead of night.
Screw that - let the govt collapse for all i care at this point.
SENATE HUDDLES TO HIKE TAXES
Senate Budget Committee Chairman Kent Conrad, one of the six Democratic and Republican senators who have been working since December on a deficit-reduction plan, said the proposed $3.75 trillion in savings over 10 years contains $1.2 trillion in new revenues.
The group briefed about half of the 100-member Senate and “the response was very favorable,” Conrad told reporters.
He said the group asked fellow senators to take 24 hours to look at the proposal and “report back to us.”
According to an executive summary of the plan, it would immediately impose $500 billion in deficit cuts, cut security and non-security spending over 10 years with spending caps, make the Medicare and Medicaid healthcare programs operate more efficiently and abolish the Alternative Minimum Tax.
http://www.reuters.com/article/2011/07/19/us-usa-debt-gang-idUSTRE76I5CK20110719
$ bills supposed to originate in the house. The house should tell the SENATE to stuff it where the sun don’t shine
If he can't even say what it is....
“Lot of promised spending cuts. 1 trillion in new revenue. Ive seen this movie before. Heres a spoiler: new taxes stay, spending cuts go away in the next congress. No deal.”............
I agree, NO DEAL!. Spending cuts are nothing more than not spending anymore than what is already planned. They are not CUTS at all. New revenue means nothing but MORE, increased taxes. They don’t care where that money comes from just so they get it. The Dems will distort their plan, lie and cheat but in the end, you too will be screwed.
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