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Author Topic: DeMint: Government doesn't need additional revenues  (Read 414 times)
Dos Equis
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« on: December 04, 2012, 02:16:56 PM »

He is correct.  As someone recently said, we don't have a revenue problem.  We have a spending problem.  And why would we want to give more revenue to a government that has conclusively shown it cannot manage our money?

DeMint: Government doesn't need additional revenues
Posted by
CNN Political Unit

Washington (CNN) - Sen. Jim DeMint, an influential conservative Republican from South Carolina, urged his party to take a firm stance against bringing in additional federal revenues in the current "fiscal cliff" negotiations.

"Republicans should not be conceding that the federal government needs more money, negotiating with ourselves, and treating the president's proposal like it's serious," he said.

Republicans and Democrats appear to be back in gridlock after each side sent the other a proposal in recent days which was nearly immediately dismissed by the other. House Speaker John Boehner said over the weekend he was "flabbergasted" by President Barack Obama's proposal, while the president said Tuesday that the math behind the GOP plan "does not work."

Should Congressional Republicans and the White House not reach a deal before the new year, a series of tax increases and steep spending cuts would automatically go into effect.

DeMint added his voice to the fray Tuesday morning with a tweet critical of the House Republican proposal, which included an extension of the Bush-era tax breaks as well as accomplishing $2.2 trillion in savings, among them $600 billion in non-entitlement spending cuts and $800 billion in "health savings."

He tweeted: "Speaker Boehner's offer of an $800 billion tax hike will destroy jobs and allow politicians in Washington to spend even more."

The Palmetto State Republican defended his stance, saying, "This federal government doesn't need more money."

"This country needs less federal government. We're gonna be near historic highs of tax revenues in Washington this year. More money than we've ever had. So it's not a revenue problem, it's a spending problem," he said.

He chided Republicans, saying "this is not a time to negotiate with ourselves" and describing Obama's proposal as "outlandish."

The primary Republican objection to Obama's plan is his support for extending the Bush-era tax cuts only on income under $250,000 for families, while letting those lowered rates expire and increase on income above that threshold. The two parties are also split on spending cuts and entitlement program reforms, as well as the amount of additional revenues.

"This is a time to work together where we can, but it's clear that what Obama wants is not a solution to our deficit problem, because his proposal doesn't even come close, and it's not a plan at all," DeMint said.

Asked if Boehner had reacted to his position, DeMint laughed.

"I don't know," he said, "but I haven't checked my emails."

http://politicalticker.blogs.cnn.com/2012/12/04/demint-government-doesnt-need-additional-revenues/
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« Reply #1 on: December 04, 2012, 02:19:19 PM »

and all the homeless people and people on welfare and food stamps don't have a revenue problem either

they just have a spending problem

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« Reply #2 on: December 04, 2012, 03:15:30 PM »

and all the homeless people and people on welfare and food stamps don't have a revenue problem either

they just have a spending problem



We are spending 6% per gdp more than historical norm.   

You = FAIL
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« Reply #3 on: December 04, 2012, 03:23:08 PM »

Lol the republicans spends more than the dem. Wars are expensive.

The repub is showing their true colors: Fuck the middleclass.

The GOP is owned by rich and lobbyists.
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« Reply #4 on: December 04, 2012, 04:15:13 PM »

http://www.truthdig.com/avbooth/item/sen_sanders_reacts_to_the_gop_budget_plan_20121204/
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« Reply #5 on: December 04, 2012, 04:15:51 PM »

I hate Al Sharpton.
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« Reply #6 on: December 04, 2012, 04:16:07 PM »


Sanders is a socialist remember? 

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« Reply #7 on: December 04, 2012, 04:48:01 PM »

I hate Al Sharpton.

Legitimized by the Democrat party.  They even put him on the presidential debate stage.
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« Reply #8 on: December 04, 2012, 08:06:59 PM »

Quote
Sen. Jim DeMint [said] "Republicans should not be conceding that the federal government needs more money, negotiating with ourselves, and treating the president's proposal like it's serious [...]"

This is a silly thing to say when we finance a large part of our budget with deficit spending. But even if we didn't run any deficits at all from today and we knew we wouldn't run any deficits until 2112, it would still be a silly thing to say. At a time when our debt is at record high, the Government needs as much money as it can get to pay that down as fast as possible.

Just in case you can't read all too well: I'm not advocating for higher taxes, increased spending or anything like that. I am simply saying that with our debt astronomically high, the more money the Government can pay towards reducing the debt the better. And the more money it has the more it should be able to pay towards that end (all other things being equal, of course).
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« Reply #9 on: December 04, 2012, 08:50:17 PM »

This is a silly thing to say when we finance a large part of our budget with deficit spending. But even if we didn't run any deficits at all from today and we knew we wouldn't run any deficits until 2112, it would still be a silly thing to say. At a time when our debt is at record high, the Government needs as much money as it can get to pay that down as fast as possible.

Just in case you can't read all too well: I'm not advocating for higher taxes, increased spending or anything like that. I am simply saying that with our debt astronomically high, the more money the Government can pay towards reducing the debt the better. And the more money it has the more it should be able to pay towards that end (all other things being equal, of course).

Do you honestly think any extra revenue will be used to pay down the debt? Come on, that money will be pissed right down the drain with the rest of it.
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« Reply #10 on: December 04, 2012, 08:52:41 PM »

We are spending 6% per gdp more than historical norm.   

You = FAIL

why would you think I would believe ANYTHING you post without a link to source your claim and point

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« Reply #11 on: December 04, 2012, 08:53:57 PM »

why would you think I would believe ANYTHING you post without a link to source your claim and point



LOL!!!!!   Historical norm is 18%, we are at 24% now.

Educate yourself
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« Reply #12 on: December 04, 2012, 09:25:35 PM »

Do you honestly think any extra revenue will be used to pay down the debt? Come on, that money will be pissed right down the drain with the rest of it.

Of course I don't... hence the "all other things being equal" bit; we all know they aren't.

My point was that the Congress is unwilling to do anything to address deficit spending (and both parties are to blame) and therefore the government needs extra income to prevent continued deficit spending. And if, by some miracle, Congress managed to rein spending in, the extra income could be used to pay down our existing debt.

So does the government need extra income? Yes. Would it use it wisely if it had it? Of course not. So does the government need extra income? Nope...
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« Reply #13 on: December 04, 2012, 09:51:51 PM »

neither party is going to cut the spending.
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