Why do budget proposals by both democrats and republicans add to the deficit?
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02-02-2013, 03:36 AM
Post: #1
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Why do budget proposals by both democrats and republicans add to the deficit?
The “fiscal cliff†debate in Washington has been cast as a choice between runaway Democratic spending and draconian Republican cuts, but no matter who wins the argument, both parties’ tax plans add to the deficit — by a minimum of $4.3 trillion through 2022, according to the nonpartisan Congressional Budget Office.
Read more: Both parties' tax plans would add to the deficit - Washington Times http://www.washingtontimes.com/news/2012...z2CnSpkCuY Follow us: @washtimes on Twitter Ads |
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02-02-2013, 03:44 AM
Post: #2
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Everyone is actually afraid to balance the budget.
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02-02-2013, 03:44 AM
Post: #3
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you're stupid or lying.
the deficit is REPUBLICAN policy, not (D) spending, tool. The policies that build the deficit have not ended. The biggest single policy that adds to the deficit is the bush tax cuts - and nobody is talking about ending all of them. Obama's stimulus cost less than 1/4th what we borrowed to pay for the bush tax cuts. |
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02-02-2013, 03:44 AM
Post: #4
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Because neither plan can balance the budget immediately. The fixes both parties propose are gradual.
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02-02-2013, 03:44 AM
Post: #5
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Reducing the deficit in a single year before the economy is fully recovered would do more damage than lowering taxes and increasing spending in the long run.
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