Sequestration - good, bad, or indifferent?

[firstdown]

Originally Posted by NC_Skins

Nothing is going to change while douche bags like these are in place. Boehner is flat out lying.

Boehner, David Gregory Spar On Sequester Cuts - Business Insider




Well dumbass, why haven't they passed anything?

Let The Cuts Begin! | TPMDC

From your own post they tried twice.

Your GOPers filibustering it is why.

BOEHNER: Now listen, we've known about this for 16 months. And yet even today, there's no plan from Senate Democrats or the White House to replace the sequester. And over the last 10 months, House Republicans have acted twice to replace the sequester. There are smarter ways to cut spending than these automatic across the board...

[NC_Skins]

Originally Posted by firstdown

BOEHNER: Now listen, we've known about this for 16 months. And yet even today, there's no plan from Senate Democrats or the White House to replace the sequester. And over the last 10 months, House Republicans have acted twice to replace the sequester. There are smarter ways to cut spending than these automatic across the board...

I agree, but it still doesn't negate his bold face lie that the president or democrats didn't have a plan and if it did, why haven't they passed it.


Answer: It's because his party is continuing to block it.



Dude, at this point, it's so clear who the GOP serve and who they are protecting. Rich elite.

[firstdown]

Originally Posted by NC_Skins

I agree, but it still doesn't negate his bold face lie that the president or democrats didn't have a plan and if it did, why haven't they passed it.


Answer: It's because his party is continuing to block it.



Dude, at this point, it's so clear who the GOP serve and who they are protecting. Rich elite.

What is the Obama plan? Funny your last post said that the Rep. agreed to a tax cut for everyone but the rich. HMMMM

[NC_Skins]

Originally Posted by firstdown

What is the Obama plan? Funny your last post said that the Rep. agreed to a tax cut for everyone but the rich. HMMMM

The thing is, those tax loopholes are still in place. The ultra rich will continue to use these to avoid taxes, and capital gains taxes weren't raised.

[NC_Skins]

No, Obama has his share of blame in all this.

Jeffrey Sachs: How Obama's Politics Led to Sequestration

Obama campaigned to make the tax cuts permanent for 98 percent of households, and restore the pre-Bush rates only for the top 2 percent of households. This policy made it look like Obama was on the side of raising government revenues, and compared with the far-right Republicans, he was. Yet by making most of the temporary tax cuts permanent he sided de facto with the Republican campaign to undermine government by reducing revenues.

On New Year's Day, Obama and the Republicans agreed to make the Bush tax cuts permanent for 99 percent of households, excluding married couples with incomes above $450,000. They also agreed to keep low tax rates on dividends and capital gains. This "deal" will cost the federal budget an average of around $400 billion per year in foregone revenues during the coming decade, or roughly 2 percent of GDP each year. Once that deal was done the stark shrinkage of discretionary government programs became inevitable.