[tobyhill]

Let's see if the House Republicans cave on their no new tax?

[ohiobuckeye1997]

F'd again!

[tumblindice]

http://www.politico.com/news/stories/0711/58978.html

Chambliss, Coburn and Crap-O

[Huck]

and would include a revenue component

If he can't even say what it is....

[Don Corleone]

Remember...This KONGRESS cannot bind any future KONGRESS to a spending plan. Each session begins a new day. Without statutory limits all the rest is Barbra Striesand. These 10 year plans are nothing but EYEWASH!

[Raider Sam]

So let me get this straight:

In order to appear like the grown up, he actually said “We have a Democratic President and administration...?” What is the purpose of this particular wording? Is it to act as an impartial player just reporting the “facts” all while being a key figure?

[CORedneck]

I looked over the article. One thing I don't like is bringing in a heavier inflation tax - "There’s a back-door scheme to change the consumer price index in such a way as to reduce expenditures (i.e., smaller cost-of-living-adjustments) and increase tax revenue (i.e., smaller adjustments in tax brackets and personal exemptions). The current CPI may be flawed, but it would be far better to give the Bureau of Labor Statistics further authority, if necessary, to make changes. A politically imposed change seems like nothing more than a ruse to impose a hidden tax hike."

The other is "A requirement that the internal revenue code maintain the existing bias against investors, entrepreneurs, small business owners, and other upper-income taxpayers. This “progressivity” mandate implies very bad things for the double taxation of dividends and capital gains."

Punishing small business is favored by the large corporations since it eliminates competition and forces those who would have the small business to instead work in the corporate environment and be more closely watched as well !

[Raider Sam]

So let me get this straight:

In order to appear like the grown up, he actually said “We have a Democratic President and administration...?” What is the purpose of this particular wording? Is it to act as an impartial player just reporting the “facts” all while being a key figure?

[goodnesswins]

Bookmarked....so we remember...

[Invincibly Ignorant]

Congressional bipartisan “gang of whatever”, run for the hills.

[9YearLurker]

As the Washington Examiner points out, it’s actually more like a $3 trillion tax increase:

http://www.freerepublic.com/focus/news/2750868/posts?page=2

(They used a baseline assumption of the Bush tax cuts expiring for a $4.8 trillion increase, so if you count from the current level they’re actually jacking taxes up by over $3 trillion. (Though they claim a savings of $1.5 trillion, because they compare it against that $4.8 trillion Bush tax repeal.)

[AD from SpringBay]

Guess they’ll have to pass it to find out what’s in it. This is another last-minute sucker punch for the Republic. This is why the $hit-head rinos need to leave. What is so tragic and fearful about shrinking the size of the government and doing it today insead of ten years from now?

[Typical_Whitey]

Seeing how the Republicans in the Senate react toward this President, definately gives me perspective on a question that has bugged me for awhile.

“How did the democracy that was Germany, ever allow themselves to be seduced into giving Hitler full control over the government?”

This Debt Crisis has all the components of a 21st century Reichstag Fire.

[Twinkie]

“A REVENUE COMPONENT” . . . Note to Obama: Even the most ignorant among us know that REVENUE is TAXES.

Just as SOYLENT GREEN is PEOPLE; REVENUE is TAXES. Likewise, just as we know that SERVING MANKIND is a COOKBOOK; we know that REVENUE is TAXES.

Heck, we even know what a “component” is. So, FAIL . . back to the drawing board to find some words us stupid sheeples don’t know the meanings to. Lemme see; TAXES could be called FUN ADDITIONAL EXTRAS, yeah, that sounds like FUN! - Argh! Beam me up, Scotty!