Wednesday, July 20, 2011

A TRILLION IN NEW TAXES? BINGO! (I mean new REVENUES)

I assume most everyone has seen this by now.  Below is the lead paragraph that went up last night - it's since been revised because of the House vote on H.R. 2560 -  Cut/Cap/Balance [which passed in the House 234-190 with nine Republicans opposing the bill and five Democrats supporting it on final passage]:

President Barack Obama and a startling number of Republican senators lauded a deficit-reduction plan put forward earlier in the day by a bipartisan "Gang of Six" lawmakers that calls for $1 trillion in what sponsors delicately called "additional revenue" and some critics swiftly labeled as higher taxes.
  
I read this and cut off my computer.  A TRILLION in taxes!  WTF can these people be thinking! I lay this entire debacle at the feet of Mitch McConnell. 

Sens. Mike Crapo of Idaho, Tom Coburn of Oklahoma and Saxby Chambliss of Georgia are the three Republicans in the ‘gang of six’ who came up with this krap (and is anyone besides me sick to damn death of GANGS in the Senate?  We already know they are a bunch of thugs!) They were joined by Lamar Alexander of Tennessee and Kay Bailey Hutchinson of Texas – thank you Lamar and Kay for siging on to the death certificate of this country!

All it took for me to know this bill in the Senate is a P.O.S. was to learn that Dick Durbin and Harry Reid supported it.  This Senate bill is the kiss of death to the Republican party and to the United States of America.

http://finance.yahoo.com/news/Debt-hope-Obama-praises-Gang-apf-120819518.html?x=0

Senate Budget Committee Chairman Kent Conrad, one of the six Democratic and Republican senators who have been working since December on a deficit-reduction plan, said the proposed $3.75 trillion in savings over 10 years contains $1.2 trillion in new revenues.


http://www.reuters.com/article/2011/07/19/us-usa-debt-gang-idUSTRE76I5CK20110719

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