He didn't ignore it. Just because they made recommendations doesn't mean they were deasible. and the MSM reported that the committee had thrown in the towel - unable to compromise.
This business of tax and spend is ridiculous. affter all, you need to ask yourself what services and public goods you are willing to do without...Homeland Security, meat inspection, educaton, roads and bridges? Would you cut retirees out of pensions?
It's my undestanding that 112th Congress was a disaster. Boehner could not control his caucus and they home for Christmas. The TP has made a mess by not understanding how the legislative process works, and believing that a no-negotiation stance is strong. It's very weak. No new spending? Why do the cuts have to be against our citziens?
Why not against dollar diplomacy? The DoD? Do we really need all those lobbyists? What about the folks back home? Do we keep giving tax breaks to wealthy corporations (now sitting on nearly $2Tn ) who move jobs overseas?
-----Original Message-----
From: old fashion liberal <jgg1000@hotmail.com>
To: opendebateforum <opendebateforum@googlegroups.com>
Sent: Fri, Jan 4, 2013 6:54 pm
Subject: Re: Fiscal Cliff Deal: $1 in Spending Cuts for Every $41 in Tax Increases
-- From: old fashion liberal <jgg1000@hotmail.com>
To: opendebateforum <opendebateforum@googlegroups.com>
Sent: Fri, Jan 4, 2013 6:54 pm
Subject: Re: Fiscal Cliff Deal: $1 in Spending Cuts for Every $41 in Tax Increases
There was a commission which Obama ignores... It was bi-partisan the solution they suggested was well thought out... To use the old phrase Obama is a tax and spend Liberal... In time, it will be harder not easier to deal with entitlements... It is sad to see Democrats ignore this very real fiscal cliff...
On Thursday, January 3, 2013 1:59:49 PM UTC-5, Lynne wrote:
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On Thursday, January 3, 2013 1:59:49 PM UTC-5, Lynne wrote:
--But were the bipartisan wonks really bi-partisan? And as I read it and was taught, the budget issue is really the work of the Congress. It failed to find a solution forcing the President to wtep in. Harry Reid called Joe Biden into the Sente committee- which is perfectly in line with the Constitution. The VEEP is the Senate tie-breaker.This deal is a cobbled up mess that was made under duress and time pressurfe. I hope the COngress kicks Grover Norquist and Arthur Laffer out of town. If people understood the basics of of what the Tea Party's actions will result in - my own sister did not understand that the check eliminated by their actions might be hers (as if teachers don't get a rude enough deal already).What exactly are you willing to give up? and what do you think the results will be? L
-----Original Message-----
From: old fashion liberal <jgg...@hotmail.com>
To: opendebateforum <opendeb...@googlegroups.com >
Sent: Wed, Jan 2, 2013 1:13 pm
Subject: Re: Fiscal Cliff Deal: $1 in Spending Cuts for Every $41 in Tax Increases
From the Head of Harvard's Economics Department
The fiscal deal struck last night makes one thing clear: President Obama must have really hated the recommendations of the bipartisan Bowles-Simpson commission that he appointed. The commission said that we needed to reform entitlement programs to rein in spending and that increased tax revenue should come in the form of base broadening and lower marginal tax rates. The deal appears to offer no entitlement reforms, no tax reform, and higher marginal tax rates. After all the public discussion over the past couple years of what a good fiscal reform would like like, it is hard to imagine a deal that would be less responsive to the ideas of bipartisan policy wonks.
On Tuesday, January 1, 2013 12:33:09 PM UTC-5, Lynne wrote:Excellent. Then we can pay down the debt. Sounds like a plan--
Sent from my Samsung smartphone on AT&Tlew <lew...@aol.com> wrote:>Fiscal Cliff Deal: $1 in Spending Cuts for Every $41 in Tax Increases
>
>
>by Matthew Boyle31 Dec 2012
>biggovernment.com
>
>According to the Congressional Budget Office, the last-minute fiscal
>cliff deal reached by congressional leaders and President Barack Obama
>cuts only $15 billion in spending while increasing tax revenues by
>$620 billion—a 41:1 ratio of tax increases to spending cuts.
>
>When Presidents Ronald Reagan and George H.W. Bush increased taxes in
>return for spending cuts—cuts that never ultimately came—they did so
>at ratios of 3:1 and 2:1.
>
>"In 1982, President Reagan was promised $3 in spending cuts for every
>$1 in tax hikes," Americans for Tax Reform says of those two
>incidents. "The tax hikes went through, but the spending cuts did not
>materialize. President Reagan later said that signing onto this deal
>was the biggest mistake of his presidency.
>
>"In 1990, President George H.W. Bush agreed to $2 in spending cuts for
>every $1 in tax hikes. The tax hikes went through, and we are still
>paying them today. Not a single penny of the promised spending cuts
>actually happened."
>
>--
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