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May 15, 2012 | Posted by: Mr_Bill

Boehner's ultimatum: billions in cuts, but no new revenues

Full story: video.msnbc.msn.com

the national debt and the grid lock on capitol hill over tax and spending are all front and center today as cnbc's fiscal summit in washington. treasury secretary tim geithner defended financial reform and former president bill clinton urged both parties to put aside ideology and get something done on deficit reduction. then just moments ago, speaker john boehner made it clear there must be cuts. a lot of them. but not one penny in new revenue.

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Eleanor

Round Lake, IL

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#1
May 15, 2012
 

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Lame Duck Session --- I LOVE IT !!!
Your Ex

Madison, WI

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#2
May 15, 2012
 

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Cutting wages
laying off workers,
slashing education funding and
undermining public services does
NOT stimulate job creation.
It stalls out growth and makes a bad situation worse

“your life is great”

Since: Aug 09

you poop in clean water

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#3
May 15, 2012
 

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$33 billion cut to the food supplemental assistance program just to feed hungry families, and when you look at the fact that they're protecting really the defense industry and the oil industries
.
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wow.
what sort of people have we elected?
rwb

Van Wert, OH

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#4
May 15, 2012
 

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It seems unlikely to pass the Senate. Will Snidely Whiplash (Paul Ryan) succeed with the 'social engineering' or will America win?
jon

Eatontown, NJ

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#5
May 15, 2012
 

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which is it deficit or debt? discretionary or mandatory? what tools is geitner spouting?
Sheik Yerbouti

New Hope, PA

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#6
May 15, 2012
 

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Just more political posturing by boner! He is one of the biggest sleazebags in DC!
jon

Eatontown, NJ

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#7
May 15, 2012
 
cutting payroll taxes was stupid. a days overtime with no taxes would have been better. thats putting the government first and not the people. maybe he couldn't do that? raise ssi. i see that coming, after all he cut it two years. raise medicare tax? probably.risk off big time now. total b.s. bluff. more yield coming in stocks. what a gift pony. brinkmanship to the brink. ha.

Since: Jul 07

Newport News, VA

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#8
May 15, 2012
 

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Your Ex wrote:
Cutting wages
laying off workers,
slashing education funding and
undermining public services does
NOT stimulate job creation.
It stalls out growth and makes a bad situation worse
stalls out growth? are you kidding me? this is the worst recovery from a recession in history. this administration SQUANDERED its majority session for two years, squabbling over a health care bill that americans don't want. and the prez just told congress--figure out this health thing for me. he could have done something about jobs if he'd had a clue. the REAL unemployment is about 14% if you add in all of those who have stopped looking for jobs. some friggin leader...

Since: Mar 11

St. Croix valley

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#9
May 15, 2012
 

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GoodNewz wrote:
<quoted text>
stalls out growth? are you kidding me? this is the worst recovery from a recession in history. this administration SQUANDERED its majority session for two years, squabbling over a health care bill that americans don't want. and the prez just told congress--figure out this health thing for me. he could have done something about jobs if he'd had a clue. the REAL unemployment is about 14% if you add in all of those who have stopped looking for jobs. some friggin leader...
What, exactly, should he have done about jobs?
rwb

Van Wert, OH

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#10
May 15, 2012
 

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GoodNewz wrote:
<quoted text>
stalls out growth? are you kidding me? this is the worst recovery from a recession in history. this administration SQUANDERED its majority session for two years, squabbling over a health care bill that americans don't want. and the prez just told congress--figure out this health thing for me. he could have done something about jobs if he'd had a clue. the REAL unemployment is about 14% if you add in all of those who have stopped looking for jobs. some friggin leader...
But hasn't the health care spending growth affected the economy and the GDP? Does health care costs lower the rate of growth in GDP and overall affecting employment, while raising inflation?
http://aspe.hhs.gov/health/costgrowth/
rwb

Van Wert, OH

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#11
May 15, 2012
 

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I do agree, he did squander his first 2 years. He tried to work with the Republicans. He and Democrats should have gotten together and been much more aggressive. That has much to do with the Democrats displeasure with President Obama.

Since: Mar 11

St. Croix valley

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#12
May 15, 2012
 

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rwb wrote:
<quoted text>
But hasn't the health care spending growth affected the economy and the GDP? Does health care costs lower the rate of growth in GDP and overall affecting employment, while raising inflation?
http://aspe.hhs.gov/health/costgrowth/
It's sure helped my daughter's economy! Cha-ching!

Since: Jul 07

Newport News, VA

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#13
May 15, 2012
 

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rwb wrote:
I do agree, he did squander his first 2 years. He tried to work with the Republicans. He and Democrats should have gotten together and been much more aggressive. That has much to do with the Democrats displeasure with President Obama.
surely you are not serious. the guy did not invite members of his own party to the white house, much less a republican. this guy was to bring a new tone to DC. yet, it is the same old partisan shlock with a hopey-changey veneer. sad thing is, a lot of naive rubes fall for it...
rwb

Van Wert, OH

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#14
May 15, 2012
 

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GoodNewz wrote:
<quoted text>
surely you are not serious. the guy did not invite members of his own party to the white house, much less a republican. this guy was to bring a new tone to DC. yet, it is the same old partisan shlock with a hopey-changey veneer. sad thing is, a lot of naive rubes fall for it...
yup, Bi-partisanship has been gone for a loonng time! It is a lost cause. I guess polarization is it now. I don't believe his hopey-changey thing was about bi-partisanship. I think it would be foolish to even think it could have happened after the last 8 years with the Bush Administration. BTW, what is bi-partisanship, anyway? It explains that, in this article.
http://www.theamericanconservative.com/lariso...
John King II

Cicero, IN

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#15
May 15, 2012
 

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Orwel just anothe day in topix!;)

Since: May 11

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#17
May 16, 2012
 

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anneutral wrote:
$33 billion cut to the food supplemental assistance program just to feed hungry families, and when you look at the fact that they're protecting really the defense industry and the oil industries
.
.
wow.
what sort of people have we elected?
Self-serving people who do everything in their own favor.

Since: May 11

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#18
May 16, 2012
 

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<<<paul ryan said today, he doesn't expect any real solutions during a lame duck session . but there are plenty of options, are not there? we could reduce subsidies to massively successful oil companies . we could close corporate tax loopholes that allow companies to evade taxes. we could even introduce the buffett rule. but no, boehner prefers to hammer the poor. that's his single note melody. is that right?>>>

And just wait until Romney's in office and there is not one to stonewall Boner's desire to screw the average American. You think life sucks now? Watch YOUR taxes go up to give more subsidies to oil companies and loopholes to billionaires.

Since: Mar 09

The Left Coast

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#19
May 16, 2012
 

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The last thing we need is to cut spending. We need higher taxes to pay for programs for the needy. Double the taxes on income, gasoline and property. Truly poor people don't pay any income tax, drive cars or own property.

Since: May 11

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May 16, 2012
 

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RustyS wrote:
The last thing we need is to cut spending. We need higher taxes to pay for programs for the needy. Double the taxes on income, gasoline and property. Truly poor people don't pay any income tax, drive cars or own property.
These things would affect the middle class the most, a segment of the population that is already losing ground fast.

Why don't we tax were it's going to hurt the least? Since big companies and the wealthy have had many years of good fortune (there are more millionaires and billionaires in America than ever before) why not require THEM to help get the country out of this mess? The middle class doesn't have the ability. They were tapped out long ago.

Since: May 11

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#21
May 16, 2012
 

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rwb wrote:
<quoted text>
But hasn't the health care spending growth affected the economy and the GDP? Does health care costs lower the rate of growth in GDP and overall affecting employment, while raising inflation?
http://aspe.hhs.gov/health/costgrowth/
I don't know. Let's ask all the hospitals who are stuck each year with millions in unpaid bills and can't hire the staff they need to take care of patients properly.

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