Who cares what the GOP wanted? In actuality, Congress is appropriating money that doesn't exist, borrowing it so that they can turn around and gift that money to others. In any other context, this would be considered embezzlement. Stealing the money of others for personal gain (IE: votes.) If the GOP wanted this, then they too are guilty of such a crime.
NO INCREASES IN TAXES and Dollar per Dollar cut.
Let's follow the money.. Most of the 'cuts' would be the not spending the money on wars that don't exist in Iraq and Afghanistan. Some of the 'cuts' would be not expanding automatically the budgets of agencies as much as might have happened. And all these 'cuts' take place in a hypothetical future rather than right now.
In exchange, congress promises to continue to appropriate trillions more than the federal government takes in, roughly 12% of the GDP over the expected time period of the loan ceiling.
Pretty sure that in any book this would be considered an utter loss. Oh, and whee, a vote on a constitutional provision to force congress to spend the people's money responsibly. It is literally a permission slip for a future liberal congress (can there be a more liberal one than this one?) to raise taxes to 'balance' the budget.
We can not continue with the federal government spending 25% of the GDP. The economy can not expand enough to cover up this gross overspending. The party needs to end, and reason needs to reign supreme, and all those people embezzling the public's dollar need to stop.
Oh, and the no new taxes just means an absolute end to the Bush era tax cuts and a return of the marriage penalty in taxes. @whee, what a thing to celebrate. If this deal goes through, it is an utter loss for the nation.
another thing most people here forget, is that ALL the projection numbers, are based on 3.0 GDP growth.
and those numbers are lies. as we see quarter after quarter.
http://www.freerepublic.com/focus/f-news/2756478/posts
2011 Q2 GDP - The Numbers Don’t Add Up (We have never really left recession)
so another 2.8 trillion in cap, another 9 trillion on National debt, and Obama killing the economy for another 1.5 years, will destroy us.
the ONLY way to stop him, is to NOT raise the ceiling,
NOW.
http://www.freerepublic.com/focus/f-news/2756453/posts
Moody’s: Neither debt plan protects the nation’s AAA rating
and people are forgetting the Cloward-Piven Plan!
Obama is one of them!
and George Soros criminal HISTORY of crashing currencies and markets.