Republicans See No Rush to Fill $4.6 Trillion Blank in Tax Plan

Apr 4, 2012 | Posted by: Mr_Bill | Full story: www.businessweek.com

They’re in no rush to show which benefits they would cut.

U.S. House Republicans just passed a budget that would require eliminating $4.6 trillion in tax breaks over the next decade. They’re in no rush to show which benefits they would cut.

Republicans cite political wariness during an election campaign, slim prospects for an agreement with President Barack Obama and a lack of consensus within their own party for their reluctance to say before November whether they would drop popular items such as the home mortgage interest deduction to make up for lower tax rates.

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“It's a Brand New Day”

Since: Feb 06

New Rochelle

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#1
Apr 4, 2012
 

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The very definition of a pig in a poke.
space alien

Noblesville, IN

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#2
Apr 4, 2012
 
Mr_Bill wrote:
The very definition of a pig in a poke.
dr. Bill_mr! U mean GEICO weeweewii commercial acting start...you"re missing Warren Buffet from Omahahahahahe ;)
Questioner

Rising Star, TX

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#3
Apr 4, 2012
 

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"U.S. House Republicans just passed a budget that would require eliminating $4.6 trillion in tax breaks over the next decade. They’re in no rush to show which benefits they would cut."

That is because they will NOT eliminate the tax breaks (neither will the Democrats). If the tax rates are reduced the difference will be made up by borrowing.
Joey Entitlement

Miami, FL

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#4
Apr 4, 2012
 
Questioner wrote:
"U.S. House Republicans just passed a budget that would require eliminating $4.6 trillion in tax breaks over the next decade. They’re in no rush to show which benefits they would cut."
That is because they will NOT eliminate the tax breaks (neither will the Democrats). If the tax rates are reduced the difference will be made up by borrowing.
Gawd forbid spending were cut
Questioner

Rising Star, TX

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#5
Apr 4, 2012
 
Joey Entitlement wrote:
<quoted text>
Gawd forbid spending were cut
Something will 'come up' and spending will not be SIGNIFICANTLY cut (who knows we may need to fund a war with Iran). There will be some symbolic, highly publicized cuts (to fool American fools). The theory is to cut taxes and starve the 'beast'(government) but in practice both parties just borrow the money to spend on the things they want to spend on, at least that is the way it has been done for years. Reagan had 'Star Wars' and Bush II had unfunded Wars & Medicare D. Obama has been busy with the ACA and financial and auto industry 'loans'(will they ever be repaid, with interest). Bush I / Clinton developed a surplus not so much by cutting spending but by raising taxes, and by the luck of being there during the Tech boom.

Since: Nov 08

Location hidden

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#7
Apr 4, 2012
 
Mr_Bill wrote:
The very definition of a pig in a poke.
Obama, of course he is.

FLASH: THIS JUST IN FROM THE NON MEDIA MATTERS/MOVE ON PROPAGANDA SITES.......

OBAMA WAS ASKED TODAY BY THE CITIZENS OF AMERICA WHY?

Why do you deserve another term?

Why did you continue to lie to us, and why believe you now?

Why have you kept your records hidden since your first day in office?

Why have you divided the country?

WHY IS YOUR VISION FOR A SECOND TERM NOT PROVIDED?

WHY DON'T YOU INSTRUCT HARRY REID TO OBEY HIS OATH?

WHY..........don't you just plan on leaving.
x-nutmegger

Phoenix, AZ

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#8
Apr 4, 2012
 
...and Nancy Pelosi bragged about ObamaCare not being written when passed into law 2700 pages to be announced later but pass the bill now ( trust me).

Ryan's budget won't even get floor time in the senate so what is ' LEFTY ' pissin n' moanin about ?

As a matter of fact the ' LEFTY ' run senate hasn't passed a budget bill or debated one in 3 years.Nor put one forward.

The time to pick apart Ryan's budget is when it gets to the senate floor ( which will never happen)

So what is ' LEFTY' pissin' n' moanin' about ?
Gary

Bellingham, WA

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#9
Apr 4, 2012
 
We know what benefits they would cut. They would
use the Reagan formula: Cut school lunches,
food stamps, hack into Medicare and Medicaid and
use the savings to enrich the already vastly rich.

These Transvaginal Republicans never change. Their
constituency is the very rich and that's it. They know who their pay masters are.

And anyway, there would be no cutting the deficit.
It would just keep on growing. Tricky Dick Cheney said Reagan proved that deficits don't matter
and that's the principal these Transvaginal Republicans are operating on..
Always Thinking

Jefferson City, MO

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#10
Apr 6, 2012
 
x-nutmegger wrote:
...and Nancy Pelosi bragged about ObamaCare not being written when passed into law 2700 pages to be announced later but pass the bill now ( trust me).
Ryan's budget won't even get floor time in the senate so what is ' LEFTY ' pissin n' moanin about ?
As a matter of fact the ' LEFTY ' run senate hasn't passed a budget bill or debated one in 3 years.Nor put one forward.
The time to pick apart Ryan's budget is when it gets to the senate floor ( which will never happen)
So what is ' LEFTY' pissin' n' moanin' about ?
Well put but I believe they are pissin' n' moanin' about what they have been told to piss' n' moan' about. These are the people who are prime candidates to look in the mirror when pissin' n' moanin' so they can know who they are really pissin' n' moanin' about.

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