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Getbig Main Boards => Politics and Political Issues Board => Topic started by: OzmO on June 15, 2011, 10:50:15 AM

Title: Votes that pushed us into the red
Post by: OzmO on June 15, 2011, 10:50:15 AM

Make sure to click the link!   Interactive chart towards bottom of page

http://www.washingtonpost.com/wp-srv/special/outlook/votes-that-pushed-us-into-the-red/ (http://www.washingtonpost.com/wp-srv/special/outlook/votes-that-pushed-us-into-the-red/)


Votes that pushed us into the red

In the debate over the nation's rising debt, rhetoric trumps reality. In January 2001, the U.S. budget was balanced for the first time in decades and the Congressional Budget Office was forecasting surpluses totaling $5.6 trillion by 2011. A decade later, the national debt is larger, as a percentage of the economy, than at any time in U.S. history except for the period shortly after World War II.
So what happened?

In classic Washington style, neither party wants to take responsibility. “Washington has a spending problem, not a revenue problem,” House Speaker John Boehner (R-Ohio) said in April.

“Republicans made the contradictory promises that cutting taxes would lead to higher revenues and would force lower spending,” House Minority Leader Steny Hoyer shot back in a speech later the same month. “They did neither.”

The reality falls somewhere in between. In fact, 75 percent of the members currently serving in Congress voted for at least one — and in most cases more than one — of three policies that contributed to fully one-third of the $12.7 trillion swing from projected surpluses to real debt: President George W. Bush's 2001 and 2003 tax cuts, funding for the wars in Afghanistan and Iraq and President Obama's 2009 stimulus bill.


(http://www.washingtonpost.com/wp-srv/special/outlook/votes-that-pushed-us-into-the-red/images/debtchart-all.jpg)

Title: Re: Votes that pushed us into the red
Post by: Soul Crusher on June 15, 2011, 10:58:40 AM

 ::)  ::)

There was never any surplus.   Kazan has debunked this lie at least 10 times already.   

Title: Re: Votes that pushed us into the red
Post by: Soul Crusher on June 15, 2011, 11:00:39 AM

Steny Hoyer?  Really? 

Fucking please - and how about you look at gross tax receipts to the govt year over year? 

The issue is spending, not taxes.  for fucks sake, whatis it with you libs so obssessed over confiscating everything people make?