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daveb
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So you're essentially agreeing that Congress should only enact spending cuts and no tax increases. How is that a compromise?
WhoWee said:The Dems spent more than our credit line allows. We have 2 choices - ask for more credit or cut spending back to pre-Obama/Reid/Pelosi levels.
Char. Limit said:Orrrrrrr cut spending and increase taxes. Funny how NO ONE EVER THINKS OF THAT.
daveb said:So you're essentially agreeing that Congress should only enact spending cuts and no tax increases. How is that a compromise?
WhoWee said:I'm in favor of cutting EITC, make work pay, and child credits. These redistribution programs are an expense. By increasing the number of actual tax payers - tax revenues would increase drastically. Raising tax rates on higher income individuals might not increase tax revenues.
WhoWee said:We need solutions - not more compromises - IMO
daveb said:You do realize compromises can be solutions as well? That both sides get a little of what they want, but both sides also don't get a little of what they want?
WhoWee said:When was the last time a Washington compromise solved a problem without some kind of unintended consequence - or more specifically a pork insert?
daveb said:By that same logic, then loopholes which allow corporations and the wealthiest to pay little to no taxes should also be abolished.
http://www.businessweek.com/magazine/content/11_16/b4224045265660.htm"
http://www.businessweek.com/magazine/content/11_16/b4224045265660.htm"
http://www.bloomberg.com/news/2011-06-14/high-income-no-tax-returns-almost-doubled-in-2008-irs-says.html"
http://money.cnn.com/2010/04/16/news/companies/ge_7000_tax_returns/"
daveb said:OK, you may have a point there, but that's only because I share your cynicism.
daveb said:Back to the point of the OP, I don't think the republican party will go the way of the dodo. It may be set back several decades, as the dems were after civil rights, or their gambit may work and the democrats might get blamed if things tank even further, regardless of which budget bill passess. But with our two party system, I don't think any other party will become competitive enough to challenge the dominance of the two major parties.
daveb said:Threaten? He didn't threaten. He merely stated that a consequence is that he cannot guarantee checks will go out. That's a far cry from threatening. If nothing happens, he can't send out checks, since that would be tantamount to forcefully usurping Congressional power, an (IMO) impeachable offense.
Basically, if nothing happens, his hands are tied.
Proton Soup said:OK, so the question is this. supposing that the government does not have the funds to pay for ALL financial obligations Congressional power has mandated, can ANY financial obligations be met? or, is there a predetermined order in which checks are written? if not, who has the authority to decide which Congressional mandates get met first, Congress, the Courts, or the Executive?
daveb said:WOW! Excellent question! I hadn't thought of that, and I have no idea. I'll investigate, but I can't guarantee I'll find anything.
SixNein said:The executive branch would dictate who gets paid.
WhoWee said:Does that mean President Obama would have to call his own bluff?
SixNein said:The executive branch would only have the funds to pay for about 56% of its obligations. My guess is that Obama would declare the debt limit unconstitutional and ignore the limit. At such time, the debt limit would be decided by the courts.
WhoWee said:I wonder if that would be an impeachable offense - hmmmm?
Under what crime?
Yay!Char. Limit said:Orrrrrrr cut spending and increase taxes. Funny how NO ONE EVER THINKS OF THAT.
mheslep said:Yes the Congress writes the budget law, specifically the House does, and only the House.
http://en.wikipedia.org/wiki/United_States_budget_process
Prior to 1974, Congress had no formal process for establishing a coherent budget. When newly-elected President Richard Nixon began to refuse to spend funds that the Congress had allocated, Congress needed a more formal means by which to challenge him. The Congressional Budget Act created the Congressional Budget Office and directed more control of the budget to CBO and away from the President's Office of Management and the Budget. The Act passed easily as the administration was embroiled in the Watergate scandal and unwilling to provoke Congress.
mheslep said:Of course the President, Senate Chairmen, and my granny are free to write up their own ideas on the subject and frequently do, but have only political significance, not legal.
http://en.wikipedia.org/wiki/United_States_budget_process#Overview_of_the_budget_process
The President, according to the Budget and Accounting Act of 1921, must submit a budget to Congress each year. In its current form, federal budget legislation law (31 U.S.C. 1105(a)) specifies that the President submit a budget between the first Monday in January and the first Monday in February.
...
Each year in March, the Congressional Budget Office (CBO) publishes an analysis of the President's budget proposals. CBO budget report and other publications can be found at the CBO's website. CBO computes a current law baseline projection that is intended to estimate what federal spending and revenues would be in the absence of new legislation for the current fiscal year and for the coming 10 fiscal years.
...
The President's budget request constitutes an extensive proposal of the administration's intended spending and revenue plans for the following fiscal year. The budget proposal includes volumes of supporting information intended to persuade Congress of the necessity and value of the budget provisions. In addition, each federal executive department and independent agency provides additional detail and supporting documentation to Congress on its own funding requests.
russ_watters said:... You can believe whatever you want
mege said:... Lastly, Just because the President says something doesn't mean it's true.
mege said:His entire campaign for 2012 is going to be 'well it's not really my fault' and unfortunately many seem to believe him.
mege said:Quoting political speeches isn't really good sourcing for any information IMO.
WhoWee said:IMO - the people who protested outside the Democrat Convention in 68 are now the core of the Party.
http://www.google.com/search?q=demo...MEJGEsALcqISxCA&ved=0CEoQsAQ&biw=1216&bih=780
Isn't the President's re-election campaign based in Chicago?
DevilsAvocado said:Interesting link, but maybe you should try http://www.google.com/search?hl=en&q=1968+-+1961+=" first... Obama was 7 years old in 1968... and the Yippies in the '68 protest activity would be around 70 today (use the calculator).
It looks like your "Chicago Conspiracy Theory" needs some 'rethinking'...
Thank god WhoWee! I was real worried there for awhile...WhoWee said:It was a joke - (lame) - but a joke.
SixNein said:Is America governable today?
There was a time when Oregon’s then-and-future governor, John Kitzhaber, famously declared the state ungovernable.
But Kitzhaber learned from that experience. Come 2011, he not only showed Oregon is governable but also that it can be a model for the nation.
talk2glenn said:At the top of the forum, you'll find a stickey titled "Tutorial On Argument and Fallacy". Click it, and review the links provided. When you're done, if you have any substantive critiques of the data - sourced from the CBO and independently verifiable - look me up.
So you pretty much closed the book after http://en.wikipedia.org/wiki/Lewinsky_scandal" ?DevilsAvocado said:Thanks, the choice between believing in a PF user, or the printed words from the President of the United States, is a no-brainer...
Excellent analogy.OmCheeto said:... Governing us is like herding cats; It's simply impossible. But all you have to do is open a can of tuna in front of us, and we will follow.
ThomasT said:Excellent analogy.
Wrt the OP, I don't see how the Republican party could actually become nonviable. I think of the Republican party as representing the more libertarian leanings of big money, big corporate interests, with the Democratic partiy representing the more egalitarian leanings of big money, big corporate interests.
lisab said:I agree, but it seems now the R's are in a weird place. I know both parties have to go to the fringes in the early part of a campaign, then veer to the center hopefully in time to capture independents and win the election. But it seems to me, the R's are going far too right and I don't see how independents are going to buy in.