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  Topic: Fiscal Cliff Deal: $1 In Spending Cuts
For Every $41 In Tax Increases
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Fiscal Cliff Deal: $1 In Spending Cuts
For Every $41 In Tax Increases

Breitbart, by Matthew Boyle

Original Article

Posted By:WhamDBambam, 1/1/2013 10:40:42 AM

According to the Congressional Budget Office, the last-minute fiscal cliff deal reached by congressional leaders and President Barack Obama cuts only $15 billion in spending while increasing tax revenues by $620 billion—a 41:1 ratio of tax increases to spending cuts. When Presidents Ronald Reagan and George H.W. Bush increased taxes in return for spending cuts—cuts that never ultimately came—they did so at ratios of 3:1 and 2:1.
Headline corrected by staff to remove All Caps. Do not post in All Caps
even if article has them

Comments:
Wow, just a complete cave! Tell me our elected "Republican" representatives all don´t wear panties. Once again, how come no sports team has ever called itself the "Fighting Republicans?"

      


Post Reply  

Reply 1 - Posted by: Ecclesiastes, 1/1/2013 10:50:58 AM     (No. 9093025)

Are you kidding me? No?

Time to check my Senators and Representative.

I´d rather have the cliff.


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Reply 2 - Posted by: rocket-j-squirrel, 1/1/2013 10:53:17 AM     (No. 9093029)

If I had any money worth government confiscation, this would really chap my cheese.

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R-G1
  
R-VAR_AD


 
Reply 3 - Posted by: rational, 1/1/2013 10:56:19 AM     (No. 9093038)

#1
I disagree....
The time to "check" your comgresspeople are during elections when they should be held accountable for action, inaction or just plain old treason. We´re stuck with these animals now for at least the next 2 years, but I fear much longer unless a new third party rises.

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Reply 4 - Posted by: Boneshaker, 1/1/2013 11:16:16 AM     (No. 9093076)

Alternate title:

"Republican Prostitutes Give Obama Another Freebie"
.

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Reply 5 - Posted by: 6079 Smith, W, 1/1/2013 11:26:03 AM     (No. 9093093)

There is no way that revenue will increase by $620 billion. The economy will continue to stagnate at best and more likely go into depression, so the predicted revenue will not materialize (it never does), so since spending will continue, the debt will deepen and our future generations will not thank us-- nor should they.

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Reply 6 - Posted by: Ecclesiastes, 1/1/2013 11:26:18 AM     (No. 9093094)

#3 - There was a chance that my Senator, Wicker, might have voted against it. I had to check.

Now for my Rep, Palazzo. My last Rep, Taylor (D), would have voted against it without a blink. He voted to impeach the Horned One after all.



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Reply 7 - Posted by: DCGIRL, 1/1/2013 11:26:46 AM     (No. 9093096)

Mitch McConnell NEEDS TO GO. Where´s the Kentucky Tea Party. Find someone that can replace this total disappointment. He can not communicate with the public, he sold out the republican party and he´s from the old era (tax and spend). Be sure that you vote someone in that can beat one of the washed up Judds. I hear she may be running. Just get rid of Mitch, he´s up for re-election in 2014.

By the way, Sen Pat Toomey is a total disappointment for voting for this trash. We in Pennsylvania need to start looking for someone to take his place. Toomey is up for re-election in 2016.

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Reply 8 - Posted by: MisterDickens, 1/1/2013 11:31:05 AM     (No. 9093101)

The Republican party is the party of steers.

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Reply 9 - Posted by: Keekng, 1/1/2013 11:31:47 AM     (No. 9093103)

89 Senators need to be sent packing. Hopefully the Tea Party will run a strong candidate against Lindsey Graham in the next election.

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Reply 10 - Posted by: uno, 1/1/2013 11:34:13 AM     (No. 9093107)

So we all know that when you give this government money, they will find a way to burn it and then some. What this amounts to is; for every foot the life ring is thrown out, the drowning victim drifts 41 feet further out to sea.

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Reply 11 - Posted by: hamrman, 1/1/2013 12:15:50 PM     (No. 9093167)

This is no deal, it is another trick...let us wake up and see what these rabble rousers are doing to our country (WIC=Whatever Is Convenient) for them, not for we the PEOPLE!

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Reply 12 - Posted by: bogeegolf, 1/1/2013 12:21:29 PM     (No. 9093186)

What a stupid picture of Boner.

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B-G1


 
Reply 13 - Posted by: Ida Lou Pino, 1/1/2013 12:26:23 PM     (No. 9093194)

The Pubbies continue their unbroken string - - of voting for tax increases to finance an ever-growing welfare state.

And some of us were foolish enough to believe that the era of big government was over. God bless the Pubbies - - thanks to them the welfare state will live forever!

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Reply 14 - Posted by: reilly, 1/1/2013 12:28:50 PM     (No. 9093199)


Saps 89, Profiles in Courage 8. (This Senate is completely silly, and there´s a patsy in the White House. The house should trump and make them squirm. The numbers are indefensible.)


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Reply 15 - Posted by: Grambo, 1/1/2013 12:37:24 PM     (No. 9093221)

8 patriots and 89 weenies. Take names and take notes.

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Reply 16 - Posted by: Really?, 1/1/2013 12:47:51 PM     (No. 9093244)

I guess this is what Obama calls "a balanced approach" ?

Sucker punched again by Tax and Spend Democrats.

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Reply 17 - Posted by: Spidey, 1/1/2013 3:28:33 PM     (No. 9093422)

The lack of single family homebuilding could be the biggest reason the economy isn´t recovering. Builders can´t get the loans to start projects. On top of that,there´s government demands that certain number of new home developments must include low income housing which would kill sales of the other homes.

Obama is also dead set against rural sprawl because it gives decent people an escape hatch from crime areas and lousy schools. He´s also trying to create a false housing shortage to bring home values back up.Filling houses with recycled sub prime type borrowers sets the government up to eat more losses,thus we´re seeing hints about the FHA needing a bailout and does nothing to increase home values. In fact airdropping urban subprimers into decent neighborhoods kills values going up.

They´re also starting to charge homebuilders with eco-impact fees and sprinkler systems which add to the cost of the house that somebody has to eat.

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R_DBL_B
  


 
Reply 18 - Posted by: Ivehadit, 1/1/2013 4:12:10 PM     (No. 9093472)

I HAVE HAD IT with just about everyone in DC. They are spending us into total destruction ON OUR BACKS. And running off the successful. STOP it NOW!

If BUSH´S policies were so bad WHY DO THEY WANT TO KEEP HIS TAX CUTS?? For the record his economy was fantastic. Frank and Dodd and b. Clinton´s policies are what mostly hurt us, IMHO and as I read her book, in the opinion of Gretchen Morgensen, NEW YORK TIMES financial reporter.

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Fiscal Cliff Deal: $1 In Spending Cuts
For Every $41 In Tax Increases
Breitbart, by Matthew Boyle    Original Article
Posted By: WhamDBambam- 1/1/2013 10:40:42 AM     Post Reply
According to the Congressional Budget Office, the last-minute fiscal cliff deal reached by congressional leaders and President Barack Obama cuts only $15 billion in spending while increasing tax revenues by $620 billion—a 41:1 ratio of tax increases to spending cuts. When Presidents Ronald Reagan and George H.W. Bush increased taxes in return for spending cuts—cuts that never ultimately came—they did so at ratios of 3:1 and 2:1.
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