âŚSusan Collins of Maine, are backing the effortâŚ
So, anyone here singing her praises now?
Does anyone else see the raging disparity of â$4 Trillion Budget & Tax Cut Driveâ in the same sentence?
IOKIYAR, I guessâŚ
âReagan proved that deficits donât matter,â Vice President Dick Cheney said when the Bush administration sought a second round of tax cuts in 2003. âŚ
âThe fact is, most of the rest of the world has been about the business of improving their tax code while we have not,â said Sen. Pat Toomey, R-Pa.
Seriously? The GOP wants a tax code like the rest of the world? Letâs start with funding single payer health care.
This budget is needed to cover the coming tax cuts that are going to explode the deficit. I am not very concerned about the deficit. It isnât that great when compared to the GDP and a certain amount of deficit spending is needed to keep the economic engine running. I realize, however, that a lot of people in the Republican base canât think about any organization larger than their family and they view the countryâs budget as their family budget writ large. This budget is non-binding and therefore meaningless except as propaganda.
That said funding priorities do need to change. We need to spend less on the military and more on education, infrastructure and social services provided to regular Americans. We need to make sure everybody has an adequate retirement and is cared for in their old age. We really need to make sure everybody has healthcare. It is really easy to be penny wise and pound foolish when you are establishing spending priorities.
What a bunch of freakinâ hypocritesâŚwhat about the âsequesterâ boyos?
Could someone explain to me if these bills for the âbudgetâ they are voting on is the same as the âtax reformâ bill? I donât get the releationship between âpassing tax reform (cuts)â and the budget. Does the budget contain permanent cuts?
Thanks.
These little number tidbits are part of the parliamentarian rules that must be considered for the larger â package â to be qualified under reconciliation â
Nothing in this budget is actually binding ⌠(like it would be for Râs anyway âŚ
Itâs just part of the game they have to play to get to where they can consider the tax bill with a simple majority âŚ
ie: cutting the Dems out â
Summary: (Let me know if i am getting this wrong)
They are making up a false budget plan in order to do tax cuts while pretending its not going raise the debt a ton, and they are doing this in order to avoid Dems being able to filibuster the massive tax cuts.
Basically they are taking the senate rules and tossing them into a fire, and pretending they arenât.
No, but Iâm willing to bash men named Enzi and Toomey for going along, not to mention every man in the Congress whoâs going to promote this abomination. Thereâs no mention of Cochrane of MS being hospitalized and probably not showing up for a vote, giving the Rs only a 1 point advantage
@musgrove
They are doing tax cuts because if they donât do something after 10 months of Rs holding Congress and the WH theyâll have nothing to show, and Graham among others has predicted the party will lose in 2018 because of inaction. Oh, and moron wonât be renominated, which is to laugh.
And in 2008 Barack Obama cleaned up the mess left by Darth and dubya.
Iâll admit it. I cheat on The Old Man with this guy.
This monstrosity still relies on hacking hundreds of billions from Medicare and over a trillion from Medicaid so how is it any different than what Murkowski and Collins opposed about the various ACA repeal efforts?
The dirty little secret among Republicanâts is that those cuts will never happen and their budget will most likely add another $10 trillion to the debt. Debt NEVER MATTERS when Republicanâts are in charge. You can max out your credit card on hookers and blow, but God forbid you use it to fix the fucking roofâŚ
I believe the purpose of the proposed budget with âprojectedâ reductions of $1.5 trillion in Medicare and Medicaid funding is to create an illusory $1.5 trillion in savings to offset the $1.5 trillion in projected lost tax revenue from âtax reform.â This will all appear to be revenue neutral so it can be passed through reconciliation by the the Senate (no filibuster allowed). Of course, once passed, Congress has no obligation (or courage) to actually reduce spending by $1.5 trillion and trickle down economics based on dynamic scoring never works, so these âconservativesâ will blow an even larger hole in the deficit/debt and then blame it on Obama.
Exactly.
So itâs sort of a poison pill, where if the democrats later object to the obscene tax cuts for the rich, the republicans just introduce all the bills for benefit cuts and blame the democrats for not passing them?
And $3.5 Trillion will go to the top 1% .