75 Percent of Obama's Proposed Tax Hi...

75 Percent of Obama's Proposed Tax Hikes to Go Toward New Spending

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Since: Oct 08

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#1 Dec 11, 2012
Seventy-five percent of the new revenue pulled in by President Barack Obama's "fiscal cliff" plan would go toward new spending, not toward deficit reduction, the Republican side of the Senate Budget Committee contends. According to the minority side of the Senate Budget Committee,$1.2 trillion of the proposed $1.6 trillion in tax hikes would go toward new spending, while only $400 billion would go toward deficit reduction."The [president's] plan called for $1.6 trillion in new taxes, twice what the president asked for in the campaign. He asked for $800 billion during the campaign. Now he wants $1.6 trillion in new taxes," said Senator Jeff Sessions, the ranking member on the Senate Budget Committee, last week on the floor."Spending under that plan would increase $1 trillion above the levels agreed to in the Budget Control Act, as signed into law. We agreed to the Budget Control Act 16 months ago, in August 2011, and we raised the debt ceiling and agreed to reduce spending. We raised the debt ceiling $2.1 trillion and agreed to reduce spending $2.1 trillion. The President's plan would take out over $1.1 trillion of those spending limitations that are in current law. I repeat, spending will increase more than $1 trillion above the already projected growth in spending," Sessions added."Our spending is growing. It is not decreasing. It is already projected to grow, but the President's proposal is to have it grow even faster than the law currently calls for."
Bridgework

Olathe, KS

#2 Dec 11, 2012
Since we are talking about new taxes.

http://www.washingtontimes.com/news/2012/dec/...

Obama's tax increases on the middle class. Is it any wonder that Obama lost the middle class vote?

Since: Sep 11

Rogers, MN

#3 Dec 11, 2012
It bears repeating again and again.

We don't have a revenue problem, we have a spending problem. Many, many spending problems.
non-starter

Saint Paul, MN

#5 Dec 11, 2012
75% of the tax increases go to new spending? What the hades is wrong with the Democrats?$16 trillion in debt and growing fast, and they raise taxes to SPEND MORE? I hope we go over the cliff before we give in to that madness.
Bob Schmahl

Saint Paul, MN

#6 Dec 11, 2012
ObamaPhones!!!!

Obama gets financial support from ObamaPhone suppliers.

So when the Government gives away ObamaPhones MONEY FLOWS right into Obama's friends coffers, where it goes after that is anybodies guess.
Robert

Lees Summit, MO

#7 Dec 11, 2012
So are we thinking the deficit will hit 25 trillion before his second term is up? I am saying by end of year 3 of 2nd term!

Smart Liberal

“The one and only Smart Liberal”

Since: Aug 12

Former MN Tax Payer

#8 Dec 11, 2012
non-starter wrote:
75% of the tax increases go to new spending? What the hades is wrong with the Democrats?$16 trillion in debt and growing fast, and they raise taxes to SPEND MORE? I hope we go over the cliff before we give in to that madness.
The game plan is to buy more votes for the 2014 mid-term elections. It worked on the 2012 elections, didn't it?
Amused Slew

Kent, WA

#9 Dec 11, 2012
Are you saying that wasn't dip Mitts plan, too ?? Too stupid to make it work.... LMAOROTFU~!
non-starter

Saint Paul, MN

#10 Dec 13, 2012
Smart Liberal wrote:
<quoted text>
The game plan is to buy more votes for the 2014 mid-term elections. It worked on the 2012 elections, didn't it?
But it didn't work on the 2010 midterm elections.

Smart Liberal

“The one and only Smart Liberal”

Since: Aug 12

Former MN Tax Payer

#11 Dec 13, 2012
non-starter wrote:
<quoted text>But it didn't work on the 2010 midterm elections.
I think it was Benjamin Franklin who said: "When the people find that they can vote themselves money, that will herald the end of the republic."

Sadly, with the 2012 election, we may have crossed over the threshold.
The Truth

Minneapolis, MN

#12 Dec 13, 2012
Bridgework wrote:
Since we are talking about new taxes.
http://www.washingtontimes.com/news/2012/dec/...
Obama's tax increases on the middle class. Is it any wonder that Obama lost the middle class vote?
1) Your source is extremely biased
2) Obama won the middle class vote

Smart Liberal

“The one and only Smart Liberal”

Since: Aug 12

Former MN Tax Payer

#13 Dec 13, 2012
The Truth wrote:
<quoted text>
1) Your source is extremely biased
2) Obama won the middle class vote
1. Actually, his source is a good one. What is your alternative?
2. In the middle class (Household Income of $50K -$99K), Romney won 52% to 46%.

http://www.foxnews.com/politics/elections/201...

Again, if you disagree with a specific source that is used, offer up one that proves your point that is an "unbiased" source.
Bridgework

Chanhassen, MN

#14 Dec 13, 2012
The Truth wrote:
<quoted text>
1) Your source is extremely biased
2) Obama won the middle class vote
I already provided you the AP and CNN polls that say you are a liar.
Bridgework

Chanhassen, MN

#15 Dec 13, 2012
Smart Liberal wrote:
<quoted text>
1. Actually, his source is a good one. What is your alternative?
2. In the middle class (Household Income of $50K -$99K), Romney won 52% to 46%.
http://www.foxnews.com/politics/elections/201...
Again, if you disagree with a specific source that is used, offer up one that proves your point that is an "unbiased" source.
He can't because that is the exact same thing CNN posted.

http://www.cnn.com/election/2012/results/race...
Lowell Jacoby

Dallas, TX

#16 Dec 13, 2012
Bob Schmahl wrote:
ObamaPhones!!!!
Obama gets financial support from ObamaPhone suppliers.
So when the Government gives away ObamaPhones MONEY FLOWS right into Obama's friends coffers, where it goes after that is anybodies guess.
Why don't you call them "Reagan phones"? The program was started in 1984 to assist low income Americans have access to emergency telephone service. Please give President Reagan the credit he deserves.

Smart Liberal

“The one and only Smart Liberal”

Since: Aug 12

Former MN Tax Payer

#17 Dec 13, 2012
Lowell Jacoby wrote:
<quoted text>Why don't you call them "Reagan phones"? The program was started in 1984 to assist low income Americans have access to emergency telephone service. Please give President Reagan the credit he deserves.
While the program was started in 1984, it was viewed as something for those that truely were poor up until 4 years ago. Since then, the Obama Administration has put forth a marketing effort that has been very successful in expanding the usage from those that really needed assistance, to anyone that Obama could buy the vote of with a shiny new cell phone and 250 of "FREE" minutes paid for by me and other cell phone subscribers.

Here is what CNN recently wrote about the Obamaphones. Do you think that Carlos Slim, the world's richest man, contributed heavily to Obama's re-election campaign?

----------

Who gets rich off 'free' government phones

By Jordan Malter @CNNMoney
October 26, 2012: 10:37 AM ET

NEW YORK (CNNMoney)

One of America's fastest-growing wireless carriers is a company you've probably never heard of: Tracfone Wireless. It's the U.S. arm of a telecom empire controlled by the world's richest man, Carlos Slim, and it's the biggest player in an increasingly lucrative market: subsidized mobile phones for low-income Americans.

The subsidy became a political flashpoint recently thanks to an incendiary YouTube video featuring a Cleveland resident praising her free "Obama phone." Hype from the Drudge Report and conservative ringleaders like Rush Limbaugh propelled the video to nearly 5 million pageviews.

The real story behind the phones is more nuanced than the 45-second clip.

The subsidy is from a government-created program called Lifeline, which is paid for by customer fees on most phone bills. The program is overseen by the Federal Communications Commission, and has its roots in a universal access initiative that began in 1985, during Ronald Reagan's administration.

Here's how it works: If you're eligible for other forms of government assistance like Medicaid or food stamps (the rules differ by state), then you qualify to receive a $9.25 per month phone subsidy.

Participating wireless companies will typically offer a free phone (paid for by the company), with an allotment of Lifeline minutes each month.

Lifeline subscribers can collect only one monthly subsidy, for either a landline or a wireless phone. Around 75% of them have chosen to go wireless.

Where does the money for Lifeline subsidy come from? You.

Take a look at your phone bill and you'll see a charge -- typically a few dollars a month -- for payments to the "Universal Service Fund." That's the umbrella program covering various ventures, including Lifeline, that are designed to make telephone communications universally available to all Americans.

The government requires most telecoms to pay into the fund. The carriers then typically pass the costs on to their customers as a monthly surcharge. Last year, Lifeline accounted for 20% of the $8.1 billion Universal Service Fund distributed to support connections for rural areas, schools, hospitals and low-income individuals.

There are 17 million households currently signed up for the program, up from under 7 million just four years ago.

----------

250% growth since Obama took office. THAT is why they call them Obamaphones.
Amused Slew

Kent, WA

#18 Dec 14, 2012
Smart Liberal wrote:
<quoted text>
While the program was started in 1984, it was viewed as something for those that truely were poor up until 4 years ago. Since then, the Obama Administration has put forth a marketing effort that has been very successful in expanding the usage from those that really needed assistance, to anyone that Obama could buy the vote of with a shiny new cell phone and 250 of "FREE" minutes paid for by me and other cell phone subscribers.
Here is what CNN recently wrote about the Obamaphones. Do you think that Carlos Slim, the world's richest man, contributed heavily to Obama's re-election campaign?
----------
Who gets rich off 'free' government phones
By Jordan Malter @CNNMoney
October 26, 2012: 10:37 AM ET
NEW YORK (CNNMoney)
One of America's fastest-growing wireless carriers is a company you've probably never heard of: Tracfone Wireless. It's the U.S. arm of a telecom empire controlled by the world's richest man, Carlos Slim, and it's the biggest player in an increasingly lucrative market: subsidized mobile phones for low-income Americans.
The subsidy became a political flashpoint recently thanks to an incendiary YouTube video featuring a Cleveland resident praising her free "Obama phone." Hype from the Drudge Report and conservative ringleaders like Rush Limbaugh propelled the video to nearly 5 million pageviews.
The real story behind the phones is more nuanced than the 45-second clip.
The subsidy is from a government-created program called Lifeline, which is paid for by customer fees on most phone bills. The program is overseen by the Federal Communications Commission, and has its roots in a universal access initiative that began in 1985, during Ronald Reagan's administration.
Here's how it works: If you're eligible for other forms of government assistance like Medicaid or food stamps (the rules differ by state), then you qualify to receive a $9.25 per month phone subsidy.
Participating wireless companies will typically offer a free phone (paid for by the company), with an allotment of Lifeline minutes each month.
Lifeline subscribers can collect only one monthly subsidy, for either a landline or a wireless phone. Around 75% of them have chosen to go wireless.
Where does the money for Lifeline subsidy come from? You.
Take a look at your phone bill and you'll see a charge -- typically a few dollars a month -- for payments to the "Universal Service Fund." That's the umbrella program covering various ventures, including Lifeline, that are designed to make telephone communications universally available to all Americans.
The government requires most telecoms to pay into the fund. The carriers then typically pass the costs on to their customers as a monthly surcharge. Last year, Lifeline accounted for 20% of the $8.1 billion Universal Service Fund distributed to support connections for rural areas, schools, hospitals and low-income individuals.
There are 17 million households currently signed up for the program, up from under 7 million just four years ago.
----------
250% growth since Obama took office. THAT is why they call them Obamaphones.
So, you're a liar and you justify your lies, because the bushwhacker's economy has increased the poor ?? Wow ! What a POS you are...Sorry, did that Hertz ??? LMAOROTFU~!
Amused Slew

Kent, WA

#19 Dec 14, 2012
So, you're a liar and you justify your lies, because the bushwhacker's economy has increased the poor ?? Wow ! What a POS you are...Sorry, did that Hertz ??? LMAOROTFU~!

Since: Sep 11

Rogers, MN

#20 Dec 14, 2012
Ok, someone has to do this. Can someone please tell us (you know who you are), what did SL lie about in that post above? Please show your work and counter SL's post with links and/or references.
Consistent

Grantsburg, WI

#21 Dec 14, 2012
Amused Slew wrote:
So, you're a liar and you justify your lies, because the bushwhacker's economy has increased the poor ?? Wow ! What a POS you are...Sorry, did that Hertz ??? LMAOROTFU~!
Sociopath,

Every time you post your ignorance/stupidity/idiocy/tal king points/cut-paste/ and especially your abuses of others because Uncle Daddy did not treat you right and your Mommy, his Sister, "watched" I will post the awful truths about you that you have revealed for the past year and a half.

When you come on here like the Virus you are and Destroy the Topix of the Threads in order to make it "all about you", as you masturbate to the Puny Little Power you FEEL as you pick on the Grown-ups, and "Project" your hurt from Uncle Daddy onto strangers that simply want to enjoy conversations about Current Events.....I WILL kick you in your Fat Gut with whatever verbiage I can muster in my contempt for your existence!

Put out the Drunk Con Shaat, and the Welfare Shaat, and attempt put downs about my Family (Living and Dead) all you want.....

Until the day you Go to the Light, are incarcerated for the Abuses you have told us about Little BOI's and what you like to do to them, or leave this place on Topix where you work out your Sexuality Issues, I WILL biotch slap you with your own psychotic revelations that you put out here.

Now, don't you have a Few Million Dollars to go and trade on the NYSE from your DOJO in the Sky, before you work on that MMA Body you have going?

How do you find time to grace us here with your abuses?

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