The Note: Duel Without End? Obama, Boehner Offer No Clear Path To Resolution
By MICHAEL FALCONE (@michaelpfalcone) and AMY WALTER (@amyewalter)
The war of words between President Obama and House Speaker John Boehner escalated yet again last night as both leaders accused the other of stifling progress on the debt ceiling negotiations.
Americans, President Obama said in a primetime address to the nation, are “fed up with a town where compromise has become a dirty word,” adding that Americans “may have voted for divided government, but they didn’t vote for a dysfunctional government.”
In his response, Speaker Boehner assured his supporters, “I gave it my all” but said the president “would not take yes for an answer.”
His response last night was short on diplomacy and not terribly interested in compromise. Boehner will be working today to round up support for the debt plan he introduced yesterday.
There are no formal talks scheduled between the two sides at the White House today. So, what does the president see as the way forward? A plan outlined by Senate Majority Leader Harry Reid, D-Nev., would cut spending by $1 trillion, but doesn't touch entitlement spending or taxes. It's also faces long odds of passage in the Senate. http://abcn.ws/pvix6d
The latest wrinkle is whether or not Aug. 2 is actually the drop dead date for default. Many Republicans have been arguing this point for weeks and Barclay's just gave them some more ammo.
Ajay Rajadhyaksha, an analyst at Barclays Capital Research told Bloomberg News that “the debt limit may not have to be raised next week, in part because tax revenue is coming in higher than forecast. ‘Having borrowing authority is like having a credit card,’ Rajadhyaksha said in an e-mail yesterday. While the Treasury ‘will no longer be able to use its credit card’ after Aug. 2, ‘it should still be able to pay its bills on Aug. 3, which is ultimately what matters most.’” http://bloom.bg/o9JAr9
(ABC’s Jake Tapper takes a closer look at what “drop dead” actually means: http://abcn.ws/nhTrs9)
Meanwhile, new polling from ABC News and the Washington Post emphasizes the bigger problem for President Obama: “More than a third of Americans now believe that President Obama's policies are hurting the economy and confidence in his ability to create jobs is sharply eroding among his base,” write Jon Cohen and Ylan Mui in the Post.
Add on top of this, the fact that “a near-record number of Americans call jobs difficult to find in their area,” and “ratings of the national economy have remained consistently dreadful for more than three years,” writes ABC pollster Julie E. Phelan. http://abcn.ws/qynhqX
The fact that a majority of Americans still blame Bush for the state of the economy and disapprove of Republicans handling of job creation should be cold comfort for the folks at the Obama re-election headquarters.
Obama isn't running against Speaker Boehner for president or George W Bush. He didn't create the crisis. But voters don't really care that much about pointing the finger of blame. They just want to have confidence that the person in charge can fix it.
WORD FROM THE WHITE HOUSE. The White House believes there are enough votes in the House to pass the Senate Democratic budget package, if only Speaker Boehner would put it on the floor, ABC’s Steven Portnoy reports. Communications director Dan Pfeiffer told Portnoy in a radio interview this morning that it’s “actually very easy” to get 217 votes for the Reid proposal in the House with bipartisan support. “There are dozens upon dozens of Democrats who would work with the speaker to get something done, if he was willing to do that,” Pfeiffer said. “Speaker Boehner has to be the one to lead and be willing to get as many members of his caucus as he can who are willing to do the right thing for the country and the right thing for the economy and work with the Democrats to do that. if he is unwilling to do that, then we are heading towards a default.”
THE CONSERVATIVE LINE. The Washington Examiner’s chief political correspondent Byron York opines that “a number of conservative lawmakers in both House and Senate are deeply troubled by what might happen if the new debt plan proposed by House Speaker John Boehner wins the day. Boehner has spoken repeatedly about ‘trillions, not billions’ in federal spending cuts. There has been talk of $2 trillion, $3 trillion, maybe even more in cuts. But conservative lawmakers ask: Will the cuts be real? … ‘The members have said that the reason we should fight for Cut, Cap and Balance is that our leaders will pass a bad deal with phony spending cuts and the possibility of tax hikes,’ says a GOP aide. Add to that a newly appointed commission to decide on future deficit reduction and you have the classic Washington nonsolution to the problem.” http://bit.ly/pnprvZ
Watch ABC’s Jake Tapper and Jonathan Karl’s “Good Morning America” report on the latest development in the debt ceiling negotiations: http://abcn.ws/njmgCV
ABC NEWS’ COUNTDOWN CLOCK: 6 DAYS TO DEFAULT: http://abcnews.go.com/politics
ON TODAY’S “TOP LINE”: A House and Senate double-header. ABC’s Rick Klein and Amy Walter hear from Republican Congressman Mick Mulvaney of South Carolina. A Tea Party representative, Mulvaney is also on the House Budget Committee and the Committee on Small Business. Also on the program, Sen. Dan Coats of Indiana. The Indiana Republican has been forceful in his opposition to Senate Majority Leader Harry Reid’s debt proposal. Watch “Top Line” LIVE at 12:00 p.m. Eastern. http://abcn.ws/toplineliveabc
“TOP LINE” REPLAY: REP. KAREN BASS. In an interview with ABC News’ Top Line, freshman Rep. Karen Bass, D-Calif., said she thought that the debt proposal by Senate Majority Leader Harry Reid that asks for spending cuts, but no new revenues, is “going to be very, very hard for Democrats in the House,” to support. “The bottom line for us, “Bass said, “is a balanced approach. If you’re going to have cuts, you’re going to have to find some ways to raise revenues.” http://abcn.ws/qeLQ1Q
THE BUZZ
CHRIS CHRISTIE MUM ON POTENTIAL 2012 ENDORSEMENT. New Jersey Gov. Chris Christie spent the day in Iowa yesterday, speaking at an education summit organized by fellow Gov. Terry Branstad and appearing at a fundraiser for Rep. Steve King, R-Iowa. He also weighed in on the 2012 presidential field, according to the Des Moines Register’s Jennifer Jacobs: “A guy Iowa conservatives hoped would run for president because they weren’t entirely enamored with the existing choices said today he’s not feeling enthusiastic about any of the candidates either – at least not enough to endorse one. ‘I’m not a halfway kind of kind guy, so if I’m going to get in and support someone I’m going to do it 100 percent,’ New Jersey Gov. Chris Christie told reporters this evening in Des Moines. ‘And to get there, I have to feel that way about one of the people offering themselves for president. If that moment comes, I certainly won’t keep it a secret.’ Asked if Iowans can read that statement as a sign he’s not feeling that special feeling for any of the current declared candidates, Christie answered: ‘Yeah, I think that’s fair to say that, sure. ‘I mean if I felt it right now, I would endorse somebody. I don’t.’” http://bit.ly/nE5CaK
RICK PERRY WATCH: A LONG AND WINDING ROAD. “Texas Gov. Rick Perry has the potential to shake up the Republican presidential contest and would enter the race as a probable national frontrunner. But just two years ago, Perry couldn't even count on the Lone Star State to grant him another term as governor,” Roll Call’s David Drucker reports. “There was a widely held prediction that he would retire instead of seek a third term in 2010 because Sen. Kay Bailey Hutchison could handily beat him in the GOP primary. Perry possesses a keen political acumen that has seen him through several tough races during his 26-year career. He is attractive, well-liked, has a talent for retail politicking and is knowledgeable on policy matters. But Perry spent his first few years as governor in the shadow of his popular predecessor, then-newly elected President George W. Bush. After he took office in late 2000, Perry had a reputation as a politically motivated, uninspiring leader. ‘He was not disliked,’ said Royal Masset, a retired Texas GOP political operative who lives in Austin. ‘But he was not perceived as a strong leader. He was seen as a figurehead, as most Texas governors have been.’” http://bit.ly/nJ41hM
BACHMANN WALKS OUT. "Michele Bachmann made a visit to the Quad Cities last night to speak with supporters and give interviews to the local television media, that is, with one exception. Despite promises to WQAD for a one-on-one interview the Congresswoman's managers openly, and aggressively denied News 8 access to the Iowa Republican front-runner," report WQAD's Rae Chelle Davis, Mark Angotti, and Chuck McClurg. "At the end of last night's event the Bachmann campaign said the snubbing was based on interview questions News 8's Rae Chelle Davis asked the Congresswoman during a satellite interview two weeks ago. Undercover cameras had captured a counselor at the clinic owned by Michele Bachmann and her husband, Marcus, conducting reparative therapy. Reparative therapy is the attempt to change a person from gay to straight or from one sexual orientation to another. Voters wanted to know if the story was true and to hear what Michele Bachmann had to say about it. Due to a pre-planned satellite interview, we were in the unique position to ask her about the controversy first.During the satellite interview, behind the scenes, it got ugly. In the News 8 control room, campaign staffers threatened WQAD producers that they would cut off the feed if Rae Chelle repeated the question.” http://bit.ly/oSdpp2
PRIMARY CALENDAR REMAINS IN FLUX. Even as the Republican presidential contenders zigzag through Iowa, New Hampshire and South Carolina, an uncertain and potentially unwieldy primary schedule in subsequent states is alarming party leaders, who fear that the voting could start earlier, last longer and complicate efforts to confront President Obama next year,” The New York Times’ Jeff Zeleny reports. “The 2012 presidential race is the first to fall under new rules from the Republican National Committee, which had intended the contests to start in February, a month later than in 2008. But at least a half dozen states are threatening to defy the rules and move up their primaries. The result is that the first ballots are once again likely to be cast in January as Iowa, New Hampshire and South Carolina move up the dates of their contests to protect their franchises as the early voting states. At the same time, the rush toward the front of the calendar by Florida, Michigan, Arizona, Colorado, Georgia and Missouri is accompanied by another trend: several states are pushing back their presidential primaries — or canceling them entirely — because of tight state budgets. The outcome is a sharply scaled-back set of contests in the weeks after the initial flurry — with Super Tuesday in particular diminished in importance — followed by a stretch of primaries lasting until summer. … The unsettled calendar has created anxiety and opportunity for Republican candidates.” http://nyti.ms/oNrZ37
VOICES: STEVE FORBES ON CALIFORNIA. “A big tax battle is erupting in California. The immediate numbers involved are not big—about $200 million—but the principle is huge, and the outcome will have an enormous impact on our economy. The battle is over applying sales taxes to products sold on the Internet. If California gets away with its new, unconstitutional tax, consumers nationwide could be hit for billions and the economy will be harmed,” Forbes writes. “Tax-hungry pols these days are eyeing not catalog but Internet retailers, particularly the biggest one of them all: Amazon (AMZN). The Golden State legislature recently adopted the so-called Amazon tax, which dictates that the Seattle-based retailer and other e-retailers must collect a sales levy on everything it/they sell to California residents and turn the proceeds over to the state treasury. How in the world does Amazon, which has no physical presence in the state, get hit up for sales tax? This is as flagrant a violation of a Supreme Court decision as one will ever find.” http://onforb.es/q4fwBM
WHO’S TWEETING?
@pwire: Huntsman has nearly 3X the staffers in New Hampshire of any other presidential candidate… http://pwire.at/o6DqQ5
@AlexConant: More good local press for T-Paw in Iowa:muscatinejournal.com/news/local/gov…
@MPOTheHill: In which Dick Durbin throws a punch toward the GOP field, particularly Bachmann and Pawlenty http://bit.ly/qoBJT8
@lizzieohreally: Physical ache from @crampell's piece on the long-term unemployed. Mandatory reading.nyti.ms/nN25r4
@JoeBrettell: Hill folks should be kind to their staff assistants and interns today…phones may be ringing off the hook #pickupthetab
POLITICAL RADAR:
(all times local)
* Tim Pawlenty attends a meet-and-greet in Washington, Iowa at 8 a.m. He attends a Fairfield meet-and-greet at 11 a.m. At 1 p.m., Pawlenty hosts a meet-and-greet in Ottumwa. He heads to Osceola for a meet-and-greet at 4 p.m. At 7 p.m., he attends the Polk County GOP Meeting in Des Moines.
* Jon Huntsman speaks at Dartmouth College's "Leading Voices in Politics and Policy" in Hanover, N.H. at noon.
* Rick Santorum visits a town hall meeting in Ankeny, Iowa at 8:15 a.m. He visits another in Boone at 10:15 a.m. At 12:30 p.m., Santorum attends another town hall in Ft. Dodge. He stops by one in Storm Lake at 3 p.m., and then is the featured speaker at the Osceola County Republican Party picnic in Sibley at 6 p.m. as part of his Santorum Family Tour.
The Note Futures Calendar: http://abcn.ws/ZI9gV
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* For breaking political news and analysis check out The Note blog: http://blogs.abcnews.com/thenote/and ABCNews.com/Politics: http://abcnews.com/politics

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Biden Reflects on Grief, Suicidal Thoughts
Is Congress Sounding Dumber?
One of the most tired overused political phrases is “Let’s Take Back Our Country”. But it applies right now.
Our political system has been bought and is controlled by the uber rich and mega corporations. It’s time to wrestle it back and make it work for average Americans.
Posted by: hopesprings52 | July 26, 2011, 9:20 am 9:20 am
I wish that our system would work for our average citizens, but alas the 2% wealthy will be completely protected by the GOP and their base (to their detriment which is insane).
Posted by: achillies | July 26, 2011, 9:26 am 9:26 am
I think “win the future” has a ring to it.
Posted by: LongT | July 26, 2011, 9:32 am 9:32 am
Just another tired campaign speech blaming everyone else by a failed president who is clueless about the economy. Freshman republicans in the house have exposed BO for the worthless political hack he is.
Posted by: retired USAF | July 26, 2011, 9:32 am 9:32 am
All we got fromthe President last night was a rehashed partisan campaign speech. Heis clearly incompetent and is taking our economy over a cliff. The110th and 11th Congress spent irresponsibly and now we are supposed to cover their you know what’s. NO NO NO.CUT SPENDING NOW! It’s time to evict all Democrats from office.
Posted by: Kala | July 26, 2011, 9:33 am 9:33 am
I suddenly realized that if Obama were not allowed to lie or blame someone else for his many failures he would not be able to make a speech. How sad for our country.
Posted by: ray | July 26, 2011, 9:47 am 9:47 am
Obama constantly “lies” to the American people. In 8 years of Bill Clinton he spent on $3 Trillion; in 8 yers of George W. Bush, he spent only $3.4 Trillion..Obama’s 1st year he spent $3 Trillion, Obama’s 2nd year he spent $3.4 Trillion, Obama’s 3rd year he spent $3.5 Trillion; Obama has spent more in less that three years than Clinton and Bush combined for 16 years. Obama needs to “resign” immediately to save this country. Resign Barry.
Posted by: Peter King | July 26, 2011, 9:48 am 9:48 am
I JUST CAN SAY ,,,IF YOU HAVE TWO BROTHERS ,ONE IS RICH AND THE OTHER IS POOR,,HONESTLY! WHO HAS THE POWER TO SOLVE THE PROBLEM….WE ARE A NATION,WE HAVE TO TAKE CARE OF OUR BROTHERS BACK.WE CAN LET POVERTY ANG HUNGER TAKE OVER THE MASSES
Posted by: MAFALDITA | July 26, 2011, 9:49 am 9:49 am
Obama in 2012. He’s the only one who cares about the average American. Anyone who supports the Republicans on this issue is someone who stands to beneifit from the tax breaks for the top 2% of the country. If you’re not, then you need to get a grip! I want a president who cares about the average American, not just the rich ones.
Posted by: carole | July 26, 2011, 9:50 am 9:50 am
If you removed the words Bush, Tea Party and Republicans from Obama’s teleprompter, all his speeches would be “er…um..I..aah..er..me…umm..”
Posted by: Martink | July 26, 2011, 9:52 am 9:52 am
(R) 2012 TIM PAWLENTY-RICK PERRY Presidential Economic Governance: We Republicans urge American people to stand by House Speaker JOHN BOEHNER’s version as like as American people support the last’s “Cut, Cap, and Balance” plan. Once American people to trade their children’s, grandchildren’s future to Obama’s failures, more carefully to increase of “ONLY” $1 trillion “ONCE”, enough to last about 6 months, then .. because from now until 2012 Spring, the States are still raising UNEMPLOYMENT rate, the US Congress and Senate might have to debate how to find money to extend the UNEMPLOYMENT benefit claimed. * We Republicans and American people think the Obama’s $14.5 Trillion debt-ceiling, the contract SHOULD NOT get through 2012-2013, because the legal Barack Obama’s presidency is 2008-2012 expired.
Posted by: chankawah | July 26, 2011, 9:53 am 9:53 am
Dear Mr. Boehner,
You should be embarrassed! That speech of yours last night really exposed your soul and the souls of your party. I was so happy that our President came on TV to explain to America what was really going on. Never has a President come to the American people and explained what it was all about. I did not realize that everyone (both parties) had settled on the cuts and that raising taxes on the rich was the ONLY reason the GOP will not make a deal. I wish that the GOP was just as protective of the other 98% of the population.
YOU ARE FIRED!!! Go ask one of your rich friends for job, the American People no longer require your services!
HIT THE ROAD, Dude.
Posted by: Paka lolo | July 26, 2011, 9:54 am 9:54 am
It’s the hard-line Republicans who need to be turfed from office. Politics is the art of compromise and these Tea Party types don’t know the meaning (or importance ) of the term.
Cut spending for sure but make the rich pay their fair share of the tax burden.
Posted by: musquash2 | July 26, 2011, 9:54 am 9:54 am
The President is trying to rearrange the deck chairs on the Titanic while the ship is sinking! After running the ship of state into an iceburg he doesn’t get to cut in front of the women and children. Someone needs to tell him that the captain goes down with the ship!
Posted by: Voice_Reason | July 26, 2011, 10:00 am 10:00 am
There is a very clear path to avoidance of default: Congress increases the debt ceiling. It would take them about 2 hours. The budget deficit is a separate issue and does not have the same deadline.
Posted by: jock59801 | July 26, 2011, 10:04 am 10:04 am
jock59801 | Jul 26, 2011 10:04:55 AM posted: “There is a very clear path to avoidance of default: Congress increases the debt ceiling. It would take them about 2 hours. The budget deficit is a separate issue and does not have the same deadline.”
Right on jock. There’s a wide swath of Americans who second that.
Posted by: green.goddess | July 26, 2011, 10:08 am 10:08 am
This president is an epic disaster and now he wants the government to steal more money so he can spend it recklessly? I don’t think so…
Posted by: Erik | July 26, 2011, 10:08 am 10:08 am
What this has done is expose the freshman GOP representatives as Tea Party schills plain and simple and Erik, the president INHERITED an epic disaster from Dubya
Posted by: Rockagain | July 26, 2011, 10:19 am 10:19 am
It’s short-sighted to keep the tax-loopholes and Tax breaks for the very wealthy. Get used to it, your taxes will go up, now or later. PS-The longer we wait to rescind those tax-breaks, the more taxes will be necessary.
Posted by: Art | July 26, 2011, 10:23 am 10:23 am
To those of you who think the “rich” aren’t paying their “fair share” — what percentage would it take to satisfy you? Stop parroting idealistic phrases and get real. Put a number on it. A NY Times article cites CBO numbers as follows:
“The poorest fifth of the U.S. population, with average annual income of $15,400, pays only 4.5 percent of its income in federal taxes. The middle fifth, with income of $56,200, pays 13.9 percent. And the top fifth, with income of $207,200, pays 25.1 percent. At the very top of the income distribution, the richest 1 percent has average income of $1,259,700 and forks over 31.1 percent of its income to the federal government.”
How much more than 30% is enough?
Posted by: Don | July 26, 2011, 10:24 am 10:24 am
What this situation has done is expose the freshman GNOP reps as Tea Party schills… Obama INHERITED an epic disaster from Dumbya and the “Deficits don’t matter” gang
Posted by: Rockagain | July 26, 2011, 10:25 am 10:25 am
Erik | Jul 26, 2011 10:08:50 AM posted: “This president is an epic disaster and now he wants the government to steal more money so he can spend it recklessly? I don’t think so… “
Can you site a source for the notion that the President wants the government to “steal more money”? Seriously, where does the “stealing” come into play – is funding government agencies “stealing”? Continuing Medicare and Medicaid is “stealing”?
Posted by: green.goddess | July 26, 2011, 10:25 am 10:25 am
The GOP don’t really want a deal. If this terrible thing comes to pass, they can blame Obama and use that to get another Republican in the White House to work for them. As Lord Farquad said:
“Some of you may die, but it’s a sacrafice I’m willing to make!”
Posted by: taxirynchites55 | July 26, 2011, 10:26 am 10:26 am
Don, if the wealthiest were actually PAYING that amount, it would be different but with loopholes and their bought-and-paid-for cronies in the Republican party, they pay a smaller percentage; some pay a MUCH SMALLER PERCENTAGE
Posted by: Rockagain | July 26, 2011, 10:29 am 10:29 am
Bush Lovers, you are all blind. he got us into this mess and now Obama should fix it in a short time?? no this is not possible, and sad is the rich help the Republicans… SAD the Rich will vote against Obama. in europe they hate republicans… read the news in europe for once… Vote Obama!!!!!
Posted by: martina | July 26, 2011, 10:31 am 10:31 am
I dont know what some people are thinking.All you have to do is open your ears and listen.If we dont get those republicans out of there the average person isnt going to be nothing but a slave for the rich.You think obama is a bad president,he is trying to help but the republicans dont want him to,they want the rich to rule,they dont care if the average person ever gets a breath of air.Wake up america.
Posted by: Tim | July 26, 2011, 10:35 am 10:35 am
Where is Obamas path??? Where is his plan? He does nothing but blames others
Posted by: Jim Rod | July 26, 2011, 10:37 am 10:37 am
First all cut all free ins for them paid
by us and make them pay for thier own.
They want to cut programs that help the
poor, but they don’t even talk about
getting rid of the bendefits we pay for
them. Then if they can’t reach agreement
on this, vote them out and get some new
people in.
Posted by: Mike | July 26, 2011, 10:39 am 10:39 am
these comments are just as divided and partisen as the speeches you critize and you expect the elected officials you put there to act any differently. how about electing officials that are for the good of the country as a whole and not your way or the highway. I bet then we’d have a working system instead of this in fighting all the time
Posted by: anamericanpatriot | July 26, 2011, 10:41 am 10:41 am
For your information Mr. “Prince of Fools” Bush has not been in office for three years. Bush did not send porkulus money out to buy union votes, Bush had nothing to do with Obamacare. Your incompetence has been brought to the for front by none other than yourself. You bald faced lied last night and the American people know it. The only reason you would not agree to the “Grand Deal” Set forth on Sunday was a feeble attempt at saving your relection. You failed miserably AGAIN!
Posted by: Huh? | July 26, 2011, 10:48 am 10:48 am
Barack Obama is the only Adult in the room!
Posted by: anamericanpatriot | July 26, 2011, 10:57 am 10:57 am
President Obama does not want a raise-the-debt deal; what he wants is a scapegoat. BHO needs another “Bush.” The old one is oversold.
President Obama knows – because he lives and dies by polls – that the public does not want to hear “how bad it could have been without me,” any longer. The People want the President to resist his ideological impulses trying to prove the impossible – Keynes was right.
This time BHO attempts to raise the “Republican” up as demon. I am not a Republican, but Republicans are fighting to stop this money train – the crazy squandering of the treasury in another progressive attempt to create Utopia. “If only I could spend more” things would be better” will not cut it any more.
The People want BHO to take responsibility to reverse the big spender DC mentality that is ruining the economy. The coffers are being depleted, mortgaging our children’s future without their consent. It is immoral and must stop now.
The public is aware of, and has had it with focus group and poll tested euphemisms blaming capitalism for the “mess that we’re in.” If anything has failed it is the tax and spend, regulate, and redistribute schemes that are the anchor around prosperity’s neck.
The public wants the current hostility toward business to come to an end; it is the source of our despair, for business creates productive jobs not government. The People want BHO to stop using crisis and brinksmanship to get his way – Armageddon and disaster are becoming boring lexicon.
The People want the massive spending to stop, we want printing money to stop and we want the borrowing from hostile nations to stop. The People want bailouts of corporations banks and unions to come to an end.
But it will not happen as long as this true Utopia believer is in office. He will keep doing the same thing expecting different results. It is insane.
So to survive, what BHO needs is a scapegoat to blame for the coming degrading of US international credit ratings, the dollar, and international credibility. He desperately wants plausible deniability for insanity’s results by inventing a narrative that Republicans screwed up the economy, rather than his irresponsible spending, bureaucratic expansion, taxation and draconian regulation.
Posted by: corneliusvansant | July 26, 2011, 10:58 am 10:58 am
Corneliusvansant: Well said!
Posted by: Huh? | July 26, 2011, 11:06 am 11:06 am
Don | Jul 26, 2011 10:24:27 AM:
“”The poorest fifth of the U.S. population, with average annual income of $15,400, pays only 4.5 percent of its income in federal taxes. The middle fifth, with income of $56,200, pays 13.9 percent. And the top fifth, with income of $207,200, pays 25.1 percent. At the very top of the income distribution, the richest 1 percent has average income of $1,259,700 and forks over 31.1 percent of its income to the federal government. How much more than 30% is enough?”
=======================================
LMAO!…another right-whiner that apparently missed the boat. You apparently missed the IRS report released in May of this year that reported that the top 400 income earners actually take most of their income in the form of captial gains, and therefore pay the lower, 15%, tax rate on capital gains…lower than you think.
The IRS data shows that the federal income tax rates paid by the highest-income Americans have dropped substantially since 2000, largely due to cuts in the tax rates on capital gains and dividends pushed through by the Bush Administration. The IRS report shows that in 2008 (the latest year for which the data’s available), the 400 richest income tax filers paid just 18.1 percent of their adjusted gross income (AGI) in federal income taxes.
LOL!
Posted by: Georgie_Bushie | July 26, 2011, 11:08 am 11:08 am
When we consistently elect one incompetent to champion our causes against opposing incompetents, this is what happens; so what right do any of us have to be surprised or even angry when such gridlock occurs?…..P.S. Yes, the filthy rich can afford to pay a little more in taxes without having their lifestyles seriously damaged.
Posted by: munster42 | July 26, 2011, 11:10 am 11:10 am
“If they would rather die,” said Scrooge, “they had better do it, and decrease the surplus population…
“Man,” said the Ghost, “if man you be in heart, not adamant, forbear that wicked cant until you have discovered What the surplus is, and Where it is. Will you decide what men shall live, what men shall die? It may be, that in the sight of Heaven, you are more worthless and less fit to live than millions like this poor man’s child.
from A Christmas Carol by Charles Dickens
Sounds like the Republicans have beent taking notes
Posted by: Gord | July 26, 2011, 11:11 am 11:11 am
There will be default. There is no other way to contain Obama’s spending, because that is his goal, and it cannot be allowed to continue.
That’s the bottom line.
Posted by: Rick McDaniel | July 26, 2011, 11:15 am 11:15 am
All of those blaming the Tea Party and Republicans are so very wrong. Who was responsible for passing the laws that FORCED banks to make bad mortgages leading to the housing and financial crises? Democrats! Who constantly blocked attempts to rein in Freddy and Fanny? Democrats! Who unilaterally passed 2,000 page unread bills in the middle of the night that added trillions to the deficit? Democrats! Obama’s speech last night was a lesson in demegogery and class warfare. As a person who makes much less than $100,000 per year, I am NOT for increasing the taxes on Obama’s so-called millionaires, billionaires, and corporations. They pay more than their fair share now. In fact, corporate taxes should be lowered. We need to unleash capitalism and get our economy moving and create jobs. The private sector is the answer. Sending more money to the black hole called Washington D.C. is not the answer. D.C. has proven over and over again that all they can do is waste money, weaken the economy, and kill job growth. Wake up and put the blame where it squarely belongs: the Democratic Party!
Posted by: michigander_sandusky | July 26, 2011, 11:32 am 11:32 am
Why must this be a blame game? You want blame,then how about blaming everyone? Have we not ALL been wreckless? Wall Street and Coopreation are running a numbers racket, and is eliminating the “working class”. Instead of watcing numbers and stocks all day. Bring Industry and Self Reliance back to the United States. Charge a LARGE fee for goods coming from another country. Have EVERYONE that works in the CAPITOL that are supposed to be for the people, PAY THEIR OWN WAY, Have them: Pay their own Health Insurance to Haircuts. Pay for their own homes and all the utilities. Pay for their own upkeep. Pay for their own GAsoline. Pay for their own vacations and airfare and hotels.Thats just a start. Then lets work on the Welfare, SSI , and Medicare.
Posted by: Mary Stephens | July 26, 2011, 11:58 am 11:58 am
Why not rely on common sense and practicality? Have we not allowed ourself to rely on Government to ‘govern’ everything we do?
Large Corporations are running our Government. They pay Whom ‘they’ want to put in office. Why should it be about who has the most money, Shouldnt it be Whom is the best choice? The oil industry is a good example. The Technology is available (and has been for many years) to have cars run on hydro power, solar power, electricity, fuel cells, the list goes on, but yet….. We are still using gasoline.
Posted by: Mary Stephens | July 26, 2011, 12:07 pm 12:07 pm
How can they deal? One is Socialist and the other is Free Enterprise. One is profit oriented the other is making Debt a commitment. One is totally inexperienced and the other has worked in business, run his own and worked in political success. One has made it himself the other has NEVER made anything. One is open to public scrutiny the other has his background hidden from public knowledge. One is constantly defended by the dishonest media the other is ALWAYS attacked by the same dishonest media. NOW TELL ME HOW THESE TWO SIDES CAN AGRESS ON ANYTHING>>
Posted by: Tom Reynolds | July 26, 2011, 12:27 pm 12:27 pm
I smell another bad deal coming up. The Cowardly and stupid Republicans will “compromise” with the evil Democrats again. The US credit rating will drop because the deal will be a bad one that will not support future debt obligations and the Dems will claim it is all the fault of the Repubs. Oh joy! Another crisis to demagogue and exploit. A “compromise” with evil is a deal with the devil that never, ever ends well.
Posted by: n'erdowell | July 26, 2011, 12:34 pm 12:34 pm
Peter King | Jul 26, 2011 9:48:50 AM… At least state the facts & stop pulling hairs… Under the Bush Administration Republican’s raised the debt limit over 7 times which our GOP members of congress supported without question but are now opponents of raising the debt limit… What’s changed in 3 years? President Obama!! Why aren’t we addressing the Republican agenda!! To make this President fail at all cost…
Posted by: Martin | July 26, 2011, 12:38 pm 12:38 pm
It is the Republicans fault for all our woes, think about George Bush and the mess he created so now we are all arguing on and on and on the Republicans go. Maybe Boehner thinks he may break down and cry yet again! Look Boehner your crying jags dont cut it anymore you little girl. You ALLLLLLLL need to start thinking about the American people and settle your differences. If you dont I would suggest you resign and go see an psychiatrist for help. I am so sick to death of YOU ALL controlling mine and many others HARD earned money. Get a clue, lighten up and straighten it out you dum bunnies. Your acting like children, make it happen and quit beating around the bush with nonsense we dont care about. I will never vote Republican again EVER this is so ridiculous and one more think, have a little respect for each others opinions, by the way Harry Reed, retire, your too old to make decisions. – Wendy
Posted by: Wendy | July 26, 2011, 12:44 pm 12:44 pm
Peter King | Jul 26, 2011 9:48:50 AM… At least state the facts & stop pulling hairs… Under the Bush Administration Republican’s raised the debt limit over 7 times which our GOP members of congress supported without question but are now opponents of raising the debt limit… What’s changed in 3 years? President Obama!! Why aren’t we addressing the Republican agenda!! To make this President fail at all cost…
Posted by: Martin | July 26, 2011, 12:46 pm 12:46 pm
Here here “voiceofreason” That is exactly what needs to be done. Just have a vote on “raise the debt ceiling” no ifs ands or buts about it! BE done with it and then fight the rest of Obama’s term on this other matters. Or, Let the President invoke the 14th Amendment and just do it himself!!!!
Posted by: Retired | July 26, 2011, 12:51 pm 12:51 pm
This country is nothing but slaves to the unemployed and welfare deadbeats. Our bosses pay enough in taxes. Its time for you freeloaders to make sacrifices and pay your own way and that includes paying taxes like the rest of us. Better yet democrats, make your own country and see how long you survive without the working and the rich. Maybe 2 months before your begging for something.
Posted by: succab | July 26, 2011, 12:51 pm 12:51 pm
The problem is the American people wanted to go to war in 2001 and now don’t want to pay the bill.. They need to take a look at my grandparents generation and see that they thought it was their duty to pay down the debt. The rich then paid almost 90 cents on the dollar and when it was paid off they lowered it.. Its time America Pays for its war and the Wall St fiasco and the only people with the money to do it are the wealthy.. Raise the Tax bracket to over 50% and be done with it.. Pay it off and lower it again
Posted by: Cknight | July 26, 2011, 12:51 pm 12:51 pm
If you removed the words Bush, Tea Party and Republicans from Obama’s teleprompter, all his speeches would be “er…um..I..aah..er..me…umm..”
LOL good one Posted by: Martink | Jul 26, 2011 9:52:33 AM
Posted by: succab | July 26, 2011, 12:55 pm 12:55 pm
The duel will finally end. There will not be a default. Boehner doesn’t have the votes to do anything. The Tea Party wants to force default. When the Tea Party holds up everything, President Obama will do as Bill Clinton suggested. Simply declare the whole idea of the debt ceiling unconstitutional and keep on paying the bills. The result of the Tea Party intransigence will be to strengthen the presidency and weaken the congress.
Posted by: CXT | July 26, 2011, 12:59 pm 12:59 pm
I used to think of myself as republican but as of now, for the first time in my life, I am going to campaign against them. This farce in DC is so unacceptable, I am at a loss for words. I tried to write to both parties (conveniently, the R. Site is “overwhelmed” and can’t take any more messages…or is it that they selectively choose to ignore the public outcry). Support a balanced approach.
Posted by: Jay1 | July 26, 2011, 1:02 pm 1:02 pm
Obama will not be remembered as the first black President, but instead as the worst President by far.
Posted by: n'erdowell | July 26, 2011, 1:22 pm 1:22 pm
Bush spent $700 million over 8 years fighting a war in response to a direct attack on the USA. Obama spent that much in a single stimulus bill that obviously, by all available metrics, has been for nought. Bush deposed a tyrant, a dictator. Obama has “deposed” the American dream. Who made the best investment?
Posted by: n'erdowell | July 26, 2011, 1:30 pm 1:30 pm
JUST THE FACTS FOLKS!
Please do not complain to me. Complain to HIM! His prime time speech last evening was not too PRIME! ‘BUSH, BUSH, BUSH; BALANCED, BALANCED, BALANCED; SCARE, SCARE, SCARE; & DON’T KICK THE CAN!”
In the meantime, 800 + days and counting, and STILL NO BUDGET!
HILLARY, WHERE ARE YOU????
Posted by: PappyHappy | July 26, 2011, 1:31 pm 1:31 pm
N’ERDOWELL | Jul 26, 2011 1:22:16 PM …. LOL! ….. Don’t worry N’ERDOWELL, most of us already expected that from you…LOL! But, FYI, most of us have already decided that G.W. Bush won the “worst president” award.
You’re entitled to your right-wing nut beliefs though…. LMAO!
Posted by: Georgie_Bushie | July 26, 2011, 1:32 pm 1:32 pm
All of you wanting the “rich” to pay their fair share, how much do you pay in taxes? Do you get the earned income credit? I hate to tell you this, but those that earn over $250,000 are usually small businesses that would like to employ you but can’t because the mad dictator in office wants everyone to be beholden to “government” for their livelihood, so he can control them. The whole dem party thinks this way. The “rich” pay more than 50% of all taxes paid. $250,000 is not rich – it is productive. Lay off the producers or there won’t be anyone to get your checks from.
Posted by: Amy | July 26, 2011, 1:34 pm 1:34 pm
Oh the agony of it! I have been called a “right wing nut”! Still, I can easily SEE the records of Bush vs. Obama. Bush never spent more than 18.5% of GDP. Obama is already at 19+% and says he WANTS to take it to 25%. Of course the stupid Keynesian fiscal policy will end up reducing GDP until he gets his wish – even without more spending! Right wing nut? That’s fine with me!
Posted by: n'erdowell | July 26, 2011, 1:42 pm 1:42 pm
We are fed up, fed up with this President. A President should try and bring the country together (remember red state, blue state, etc.) He has done nothing in his three years but blame, blame, blame and me, me, me. It’s time the news media held him accountable. His speech last night was the same old blame others speech as usual. No ideas, no plans except get him out of the mess he got himself in so he can spend the rest of his term campaigning and fundraising. The country is much worse off than when he took office.
Posted by: Freedom | July 26, 2011, 1:44 pm 1:44 pm
The Republicans have offered several solutions and the Senate just tables them. The Senate as done nothing, the President has done nothing put spend our money and now he wants more. He wants us to pay for all his failed policies and get him off the hook for 2012 so he can spend his time campaigning and fundraising.
Posted by: Freedom | July 26, 2011, 1:47 pm 1:47 pm
Given the intransigence of the Tea Party wing of the GOP it has become a no win situation for the country. The rating agencies are really just cover for the obvious. They may or may not change the rating, but everyone knows the problem is the political gridlock caused by the new GOP. A small ideological group has captured a national party and this is the problem. Can the country be run with this situation at hand? Nothing is going to get done, damage is going to be done until at least the next election. As the country falls apart, the voters will now have a choice.
Posted by: iop | July 26, 2011, 1:49 pm 1:49 pm
The worst and most despicable forms of greed are envy and jealousy. The President has elevated these sad traits to a new art form. The “rich” are just fine with me. You see, I never wanted a Rolls-Royce or a 90 foot yacht, but selling those things and building those things has been great for all of us. Even the stupid ones.
Posted by: n'erdowell | July 26, 2011, 1:49 pm 1:49 pm
Guys,
What was left to Obama was a huge MESS!! He did a superb job fixing it. I give him a lot of credit-the whole country should. We ALL knew that Republicans were going to blame him for eveything-including tornadoes!
He should have stopped both ridiculous wars-what a waste of money! So.. I hope we ,republicans and democrats will pay for those stupid wars now. God put Obama in the White House to save our country!
Posted by: John Smith | July 26, 2011, 1:51 pm 1:51 pm
Hello America, we need to give John Boehne,r a vote of thanks for bringing the endless ceiling debt to an end, no more blank checks for the Liberals, finally a voice of reason in Washington D.C., Barrack Obamas argument was that Ronald Reagan raised the Debt Ceiling, several times, (as if all the wrong done by Ronald Regan justifies a continuance?) we encourage the House Conservatives to hold the line on any further incurred debt. sincerely Fezzy Bear
Posted by: Fezzy Bear | July 26, 2011, 1:55 pm 1:55 pm
Exactly what has Obama “fixed”? Debt? Unemployment? War? World standing? National Unity? Race relations? Illegal immigration? Cost of health care? Cost of legal medication? Space program? Gitmo? Muslim angst? Energy cost? My God, folks! It even took a Republican House to get Pelosi’s Potty Parity problem fixed and install a women’s bathroom in the House.
Posted by: n'erdowell | July 26, 2011, 1:58 pm 1:58 pm
Obama will undoubtly be a one term president. I have never seen the country in such a disfunctional state and his lack of leadership and its the my way or highway attitude has caused it. I know life long democrats that are even saying they have had enough. One term, mark my words folks.
Posted by: billy bob | July 26, 2011, 1:58 pm 1:58 pm
Hello America, we need to give John Boehner, a vote of thanks for bringing the endless ceiling debt to an end, no more blank checks for the Liberals, finally a voice of reason in Washington D.C., Barrack Obamas argument was that Ronald Reagan raised the Debt Ceiling, several times, (as if all the wrong done by Ronald Regan justifies a continuance?) we encourage the House Conservatives to hold the line on any further incurred debt. and we would also encourage Congress to cease debt payments when failure occurs its inevitable, and no Nation that declares bankruptcy would continue any type of loan payments. sincerely Fezzy Bear
Posted by: Fezzy Bear | July 26, 2011, 1:59 pm 1:59 pm
green.goddess | Jul 26, 2011 10:08:06 AM
Duh. They’re dumber than fence posts. I was watching an interview that Bill Maher did with a Senator on his documentary “Religulous” and the guy actually said, “well you don’t have to be smart to be in the Senate.”
Posted by: naturalcuriosity | July 26, 2011, 2:05 pm 2:05 pm
Don | Jul 26, 2011 10:24:27 AM
C’mon Don. Even Warren Buffett acknowledges that the tax breaks for the Wealthy allows him to pay lower taxes than a secretary that works for his company.
Posted by: naturalcuriosity | July 26, 2011, 2:08 pm 2:08 pm
Our President has been successful at absolutely nothing, and yet so many folks are simply incapable of seeing that. His gift of speech has such a hypnotic effect on some minds that reality has become secondary to dreams of a utopian world where sunshine, lollipops, and rainbows reward those gulps of verbal KoolAid. But – what exactly is better for you? Gee. Even your ‘Cash for Clunkers” car is starting to get old and you have so, so long left to pay.
Posted by: n'erdowell | July 26, 2011, 2:08 pm 2:08 pm
If President Obama was white, we would not even be having this discussion. This whole debate is not about doing what’s best for the American people, but all about trying to make sure that the President is not re-elected.
Posted by: Candy | July 26, 2011, 2:11 pm 2:11 pm
All of you, just shut up with your opinions and do something about it. Boehner is full of it, and Obama doesn’t want to hurt the rich’s feelings, Come on!
Posted by: Vir | July 26, 2011, 2:14 pm 2:14 pm
I wonder who on here made a little extra lasagna last night to give to the family where the auto worker father has been out of work for six months. Who baby sat for the single mom one night while she works three jobs to make ends meet to help her with her child care costs. What plumber, electrician, carpenter etc, helped out the 80 year old lady yesterday who’s sink was clogged or light wouldn’t come on. Did anybody go to the last city council meeting, or your representatives town hall meeting. What did you do when you saw the guy who was lost on the highway put his blinker on as he realized he was about to miss his exit. Did you let him in or did you speed up because you didn’t want him to get ahead of you. Anybody complaining about education go to a school board meeting. If we really want to take back this country we have to do it at home. How do we expect the guys in Washington to get along when we can’t even do it in our own neighborhoods.
Posted by: steve | July 26, 2011, 2:15 pm 2:15 pm
Exactly what has either party fixed while they had control of government? Debt? Unemployment? War? World standing? National Unity? Race relations? Illegal immigration? Cost of health care? Cost of legal medication? Space program? Gitmo? Muslim angst? Energy cost? Spending the surplus in Social Security? Time to change your voter registration to Independent or None! Make both parties nervous as their membership decreases before the next election. Don’t give either party an excuse to continue with their poor performance for our country.
Posted by: MikeMo1947 | July 26, 2011, 2:22 pm 2:22 pm
Republicans and Boehner: what makes sense to the people of the U.S., makes no sense to them. They just want to keep giving tax breaks and leave gaping loop holes for the rich to hold on to all they’ve got. What about the disappearing middle class and the poor? Hmm…I guess,no one in their families are in those categories, and if they were, would they give a flying fig what happened to their families as well?
Posted by: Lorrie | July 26, 2011, 2:27 pm 2:27 pm
IT’S THE ECONOMY, STUPID! John Boehner’s debt-ceiling plan has more Crap in it than a Toilet. To Republicans, policies that benefit middle-class and poor Americans, are called “entitlements”. But to the GOP, polices that help the rich and powerful are called “prosperity” i.e. the Bush tax cuts. The Founding Fathers never intended to create feudalism, or a “Crumbs from the Table” economy, which the GOP now seeks to impose on the nation. This option only exists for those persons living in countries that offer them no greater expectations. Boehner’s proposal is the latest Republican smoke-screen to avoid a balanced, U.S. Constitution-backed, historical debt-ceiling bill. In the last 50 years, both spending cuts and raising revenues, have been the accepted debt-ceiling solution.
AMERICANS ARE NOT DOGS. They do not want the “CRUMBS FROM THE TABLE” plan offered by the Bernard Madoff (oops!) . . . John Boehner Fiscal Con Game & Ponzi Scheme. REPUBLICANS’ LEADERSHIP = EATING CAT FOOD IN YOUR OLD AGE!
Posted by: I-Vote | July 26, 2011, 2:27 pm 2:27 pm
Drop taxes as much as possible for businesses with all employees in the USA. Offset it with increasing taxes on the rich. Businesses create jobs. The rich do not use their personal income to create jobs. The rich will still be rich and businesses will be more willing to expand.
Posted by: MikeMo1947 | July 26, 2011, 2:33 pm 2:33 pm
Sorry the Democrats are bankrupting the country. Period. You can spin this anyway you want but this is the truth. We don’t want a compromise. We want this country to get its financial house in order.
Posted by: Gregg | July 26, 2011, 2:47 pm 2:47 pm
Let me repeat again for you that have no concept of Debt, the United States is $15 Trillion dollars in debt, an unsurmountable figure, there is no cure except failure. the interest alone is a billion dollars a day, (chump change to Hillary Clintons spending sprey’s) if the Congress does the right thing and allows failure on all foreign debt, we can then move ahead with bankruptcy clearance. look at the positive side it will force the goverment to live on a budget from taxation with no further loans. and the Idea that the U.S. can maintain its credit rating is pure rubbish. we have already lost that.
Posted by: Fezzy Bear | July 26, 2011, 2:51 pm 2:51 pm
These guys better get their act together. Because their are hundred of thousands of people who will not receive their ss checks, paychecks, etc. You know those two Obama and Boehner don’t have to worry about money.
Posted by: Kathy | July 26, 2011, 2:54 pm 2:54 pm
As with so many past debt ceiling bills this could have been an easy procedural vote, but no, the Tea Party crowd wanted to use this issue to force their own extreme agenda on everyone else.
Posted by: A.Lincoln | July 26, 2011, 3:20 pm 3:20 pm
Obama Biggest Loser
Posted by: Kala | July 26, 2011, 3:25 pm 3:25 pm
DO the math; taxing the rich does not help (i am not the rich). If you think it does you have not looked at the math. It is TRIVIAL in the scheme of what Washington is spending. The problem is the spending – it must stop or everybody will suffer greatly EXCEPT for the rich who will suffer modestly. Wake up America and do what is right. Our President and allies is leading us into the bankruptcy from which there is no short term return. Look at history to see what happens to nations that act as they are……
Posted by: Gregg | July 26, 2011, 3:28 pm 3:28 pm
Boehner is a real joke. He said Pres. Obama won’t take yes for an answer. WHAT..All he keeps saying is no..In fact he represents the Party of No. Regardless of who gets hurt, and it will be the middle class, he will do anything possible to discredit our President. Wake up republican supporters. Can’t you see they represent the ultra rich…They want to take away your right to a decent wage, Medicare, Retirement system, Health Care!!!! Most of you who back the Tea (Me) party are honest working people who are brainwashed by Lindbaugh, Prager, Riley, and Fox News. They don’t care about you.
Posted by: Robin | July 26, 2011, 3:50 pm 3:50 pm
There will never be any fairness in the tax system until everyone is taxed the same with NO deductions. If you have the means to hire someone to give you ways out of paying taxes, you will. If you have loopholes in the tax code that give you a way out, you will. The “rich” can afford ways out, the poor don’t need them, and the tax codes are so complicated that only those who have money can figure out ways not to pay it.
Posted by: Keith | July 26, 2011, 3:54 pm 3:54 pm
REID’S PROPOSAL IS BETTER THAN BOEHENER’S. ACTUALLY THE BOEHENER’S PLAN LEADS TO THE VIOLATION OF THE AMERICAN CONSTITUTION AND IS MISLEADING. ITS MANDATE IS THE BEGINNING OF THIRD WORLD DICTATORSHIP. :(
Posted by: Moderate American | July 26, 2011, 3:57 pm 3:57 pm
Headline August 3 2011,
“The United States Goverment Defaults on Its Loans” or how about ” WhatIs The Fallout From The Debt Ceiling Failure?” or “The Whitehouse Has No Comments On The Debt Ceiling Failure, President Obama Looks Forward to 2012″ we might as well go ahead and start posting comments now. sincerely Fezzy Bear
Posted by: Fezzy Bear | July 26, 2011, 3:59 pm 3:59 pm
“They want to take away your right to a decent wage, Medicare, Retirement system, Health Care…” Where in the Constitution does it say anyone has a “right” to any of this? If I work hard for my life, I expect MY efforts to result in these things, and not by penalizing someone else who has worked hard to provide for the family…
Posted by: Keith | July 26, 2011, 4:00 pm 4:00 pm
Don…but they’ll just come back at you with…’well they have 40% of all the wealth in this country, they should pay’! I’m with you. We need to do whatever it takes to keep the “wealthy” happy. They’re carrying the freight for A LOT of people. Their share and then some. Doesn’t the tax code, written into law by the representatives we send to Congress, dictate how much everyone has to pay in taxes? Is everyone suggesting that they’re cheats (like Geithner) too?
Posted by: s | July 26, 2011, 4:05 pm 4:05 pm
OFFICIAL TAX RATES: SINCE WALKER BUSH ENFORCED TAX CUTS, THE 60% OF MIDDLE CLASS AND WORKING CLASS AMERICANS PAY UP TO 60% OF ALL TAXES. THE RICH AND SUPERICH PAY ONLY 40%.SOURCE: ABC, A MONTH AGO. I PRINTED THE PROOF. BUSH REALLY HIT US WORKING AMERICANS, A HARD BLOW BENEATH THE BELT :(. BY WANTING TO CONTINUE THE TAX CUTS, BOEHENER, ROMNEY AND THE REST OF REPUBLICAN CANDIDATES HAVE REFUSED AGREEMENT WITH PRESIDENT OBAMA. THE REPUBLICANS ARE NOT ON OUR SIDE, THEY ARE AGAINST US, THE AVERAGE AMERICAN PEOPLE :(
Posted by: Moderate American | July 26, 2011, 4:06 pm 4:06 pm
A Constitutional amendment requiring a balanced federal budget would mean the end to the Democrat party. Think about it. What has been their platform? Government–good, self-determination–bad. Prolifically underfunded entitlement programs would cease to exist as we know them today. Imagine it if you can.
Posted by: s | July 26, 2011, 4:08 pm 4:08 pm
A Constitutional amendment requiring a balanced federal budget would mean the end to the Democrat party. Think about it. What has been their platform? Government–good, self-determination–bad. Prolifically underfunded entitlement programs would cease to exist as we know them today. Imagine it if you can.
Posted by: s | July 26, 2011, 4:08 pm 4:08 pm
YEP, US AND ALL OUR FRIENDS SUPPORT PRESIDENT OBAMA :)
Posted by: Moderate American | July 26, 2011, 4:11 pm 4:11 pm
Gregg – Government has the lowest revenue since 1950 when using the standard of revenue to GNP. However, government spending is highest level as percent of GNP since WWII. So I agree we need to cut expenses in many areas, but we need to increase taxes on the wealthy. If you think $250,000 is to low then move it to half million. Increasing their taxes by 5% will generate more federal revenue and they will still be wealthy and have a lower tax rate than most of the last 100 years. I would also decrease business taxes on any business with 100% of their employees in the USA. I would also have a minimum tax of 2%. The poor and teenagers benefit from being in this country which includes highways and defense. They can pay 2 cents of each dollar they make. I am definitely for simplifying our tax system so it does not take an accountant to do your taxes.
Posted by: MikeMo1947 | July 26, 2011, 4:15 pm 4:15 pm
I AGREE. PRESIDENT OBAMA DELIVERED A FINE AND SINCERE SPEECH.
INSTEAD, BOEHENER LIED AND LIED. HIS CLAIMS WERE FALSE. PRESIDENT OBAMA WAS ACCEPTING. INSTEAD BOEHENER WALKED AWAY BECAUSE HE DID NOT GET HIS DRUGGED TOYS: MORE TAX CUTS. HE FORGOT HIS FORMER CLAIM TO LAY EVERYTHING ON THE TABLE. INSTEAD HE CHICKENED OUT WHEN THE PRESIDENT LAYED TAX CUTS FOR THE RICHEST ON THE TABLE.
Posted by: Moderate American | July 26, 2011, 4:16 pm 4:16 pm
PRESIDENT OBAMA TOOK RESPONSIBILITY FOR HIS POLICIES. INSTEAD BOEHENR’S BORING SPEECH WAS, AS USUAL, AGGRESSIVE AND IRRESPONSIBLE. ALL HE DID WAS THE SAME BORING ACT OF MOST REPUBLICANS: ATTACK PRESIDENT OBAMA. BY DOING THAT BOEHENER IS HURTING AMERICA AND OUR ECONOMIC RECOVERY. :(((((((
Posted by: Moderate American | July 26, 2011, 4:20 pm 4:20 pm
PRESIDENT OBAMA TOOK RESPONSIBILITY FOR HIS POLICIES. INSTEAD BOEHENR’S BORING SPEECH WAS, AS USUAL, AGGRESSIVE AND IRRESPONSIBLE. ALL HE DID WAS THE SAME BORING ACT OF MOST REPUBLICANS: ATTACK PRESIDENT OBAMA. BY DOING THAT BOEHENER IS HURTING AMERICA AND OUR ECONOMIC RECOVERY. :(((((((
Posted by: Moderate American | July 26, 2011, 4:20 pm 4:20 pm
PRESIDENT OBAMA TOOK RESPONSIBILITY FOR HIS POLICIES. INSTEAD BOEHENR’S BORING SPEECH WAS, AS USUAL, AGGRESSIVE AND IRRESPONSIBLE. ALL HE DID WAS THE SAME BORING ACT OF MOST REPUBLICANS: ATTACK PRESIDENT OBAMA. BY DOING THAT BOEHENER IS HURTING AMERICA AND OUR ECONOMIC RECOVERY. :(((((((
Posted by: Moderate American | July 26, 2011, 4:20 pm 4:20 pm
Bush spent $700 million over 8 years fighting a war in response to a direct attack on the USA. Obama spent that much in a single stimulus bill that obviously, by all available metrics, has been for nought. Bush deposed a tyrant, a dictator. Obama has “deposed” the American dream. Who made the best investment? Posted by: n’erdowell ***********No.1, Iraq never attacked America, look it up!No.2 Most world economists agreed, if not for the stimulus, the entire American Economy would have failed.PS- The Debt grew by $5T, under Bush, he made more than one bad buy, a lot more…
Posted by: Art | July 26, 2011, 4:27 pm 4:27 pm
I FORGOT, PRESIDENT OBAMA ACTUALLY LET YOUR TAX CUTS CONTINUE BECAUSE HE BELIEVED YOUR PROMISE TO CREATE JOBS! HOW COME YOU ARE NOW FIRING MILLIONS OF WORKERS? BUT STILL WANT YOUR TAX CUTS? HOW CAN YOUR REPRESENTATIVE BOEHENER NOW
INTERFERE WITH CEILING RAISES, NEEDED TO KEEP BASIC SERVICES LIKE FREE SCHOOL LUNCHES FOR POOR CHILDREN AND MEDICARE RETIRMENT CHECKS?
Posted by: Moderate American | July 26, 2011, 4:31 pm 4:31 pm
I watched most of the President’s speech last night and he makes perfect sense to me. The tax breaks enjoyed by oil companies, wall street and other well off people and companies contributed to this terrible deficit and it is time to put up or shut up. If the GOP is truly serious about tackling the deficit and not just mega focused on taking back the White House – they will get serious and agree to give up their luxurious tax breaks. Asking America’s poorest to ante up while they whine about taxes makes me want to puke. Anyone who has the capability to think logically knows that in order to pay down debt you have to cut back and increase your income. The wealthy know it too but they are going to guard their money even at the expense of all of us smaller investers losing ours when stocks tumble again. They know and they don’t give a damn. I am seeing many more people that now understand that the GOP caused this mess with their out of control spending (2 wars, unfunded medicare part D and their tax breaks) and they need to do their part.
Posted by: Louisiana Saints Fan | July 26, 2011, 4:33 pm 4:33 pm
BY TRYING TO DESTROY THE RE-ELECTION OF PRESIDENT OBAMA, THE REPUBLICANS ARE DESTROYING THEMSELVES!
Posted by: Moderate American | July 26, 2011, 4:39 pm 4:39 pm
The GOP is unamerican there more like commie’s
Posted by: nate | July 26, 2011, 4:42 pm 4:42 pm
The Republican Party is Hell Bent on Making Obama Fail at any and all Costs if necessary.. They do not care how badly the Country and Econony suffers as long as the House Negro is brought down to his rightful place.. at the feet of the Republican Party.. It’s sad but true.. Heaven Help us..
Posted by: RepublicansGotPunked | July 26, 2011, 4:43 pm 4:43 pm
POSTED BY: SUCCAB | JUL 26, 2011 12:51:29 PM posted: “This country is nothing but slaves to the unemployed and welfare deadbeats.”
Do you SERIOUSLY believe social programs created the debt we are in? People on welfare and the unemployed are not taking the big bite out of YOUR pocket.
It’s really, really simple to google “How the Deficit Got this Big”. For those who refuse to read the article, at least take a look at the charts. Clearly, a decade of borrowing to pay for TWO pre-emptive wars and the unsustainable Bush era tax cuts are responsible.
Time to pay the piper by increasing tax rates and closing tax loopholes.
Posted by: green.goddess | July 26, 2011, 4:45 pm 4:45 pm
Moderate American – Typing all caps is considered as “shouting”. Don’t do it. Secondly, press Submit only once and be patient. The site is a little slow today. Thirdly, you don’t sound like a Moderate.
Posted by: MikeMo1947 | July 26, 2011, 4:47 pm 4:47 pm
The stock market is going to crash if this keeps up much longer.
Posted by: Chris | July 26, 2011, 4:48 pm 4:48 pm
TO PETER KING: WHY DID PRESIDENT OBAMA SPENT SO MUCH? BECAUSE WALKER BUSH NEGLECTED NECESSARY SPENDING REPAIRING HIGHWAYS, BRIDGES AND OTHER NECESSARY PUBLIC SPENDING AND INVESTMENT. PLUS UNFORCASTED CRISIS LIKE THE GULF OIL SPILL, PLUS CONTINUED HOSTILITY FROM TERRORISTS.
SO YOUR BLAMING PRESIDENT OBAMA IS UNFAIR AND BORING. DID BUSH REPAIR MEDICARE AND GAVE HEALTH REFORM TO MIDDLE WORKING CLASS AND WORKING CLASS AMERICANS?…NOT AT ALL. INSTEAD THE PRICE OF HOMES AND CONDOS RISED SO HIGH! CLOTHING AND FOOD PRICES ALSO ESCALATED. DO NOT BLAME PRESIDENT OBAMA FOR WHAT WALKER BUSH DID.
Posted by: Moderate American | July 26, 2011, 4:49 pm 4:49 pm
Republicans and Democrats are ruining our country-this “party affiliation” is nuts. They are all supposed to be working for the greater good of ALL Americans. I have yet to witness this happening. Our President shouldn’t have to act like a school recess monitor telling children to play nicely and to take turns at the merry-go-round. These people wanted public office, they have all the perks, power and position of public office-now is the time to earn your public service position. Compromise. You have no choice. We all expect you to sort this out so you have to compromise. No matter what you do we will all end up worse for it and paying more, losing more jobs-so just minimize the damage where you can and get on with it, please.
Posted by: ngla | July 26, 2011, 4:53 pm 4:53 pm
John Smith | Jul 26, 2011 1:51:36 PM —–Uh, Obama jumped into a 3rd war and still ahs the other 2 going on. Wake up!
Posted by: commonsenseparty | July 26, 2011, 5:04 pm 5:04 pm
What would happen if we declared banckrupcy and started over??
Posted by: opinionator | July 26, 2011, 5:10 pm 5:10 pm
“”"”"”increasing tax rates and closing tax loopholes. “”"”"”
Posted by: green.goddess
Only mentally ill people would give this government more revenue before the government actually showed some fiscal responsibility. Like giving crack to a crackhead. IF they prove they can cut spending, we should then eliminate all Bush era tax cuts. We all benefitted, we should all pay. Also, tax reform should be next after raising the debt limit, they’re 2 different animals. Also, raising the debt limit certainly does not guarantee our credit rating will stay high.
Posted by: commonsenseparty | July 26, 2011, 5:12 pm 5:12 pm
You guys are idiotic. Repubs you dont want to pay any taxes then do what Bill Gates is doing and transfer all your money to a non profit pay no taxes and give what you want to those you feel are deserving say 10% hey its less than the 17% you are paying today and you get to control your money. Demos since you want to put everyone on welfare you do the same but instead of 10% you do 90% this way you can save the world from poverty and hunger. You both are silly playing to the game fighting each other while our leaders enjoy the good life with the best healthcare, doctors on call, an exclusive private health club, access to payoffs from wealthy corps and individuals, a retirement program that vests the first day on the job, access to great contracts in the private sector after they leave office. Its too bad none of you in this comment list could pass the scrutiny with all those skeletons in your closet.
Posted by: SameOldThing | July 26, 2011, 5:16 pm 5:16 pm
DON – the rich USE LOOPHOLES & TAX CUTS to feed their missstresses GET A CLUE! EAT THE RICH!
Posted by: didntEatDinner | July 26, 2011, 5:27 pm 5:27 pm
commonsenseparty – I disagree with part of what you said. I think we should increase taxes, especially on the rich. The government revenue as a percent of GDP is the lowest since 1950. While I agree, that I don’t trust our government to spend it, I think it would improve faith in our economy for foreign governments that lend money to us. It would show that we are willing to take on some of the debt and not just expect foreign governments to give us more money to cover all our debt.
Posted by: MikeMo1947 | July 26, 2011, 5:27 pm 5:27 pm
Stop worrying about your reelection!! It’s time to do what is right for the country. Cut spending and increase taxes on the wealthiest!!! We will get out of debt faster and save the country!!!!!!!
I want taxes on the wealthiest American’s increased and I want to stop corporate welfare. Everybody in America is going to have to tighten their belt and that includes the wealthy. That includes you and your donors!! Stop being scared and do what’s right for America!!! If my country says I need to pay more taxes then I will do it because I’m a patriotic American that still believes in the goodness.
Stand up and say you agree that spending needs to be cut and revenue needs to be increased. Do it now!!!
Posted by: Esther | July 26, 2011, 5:29 pm 5:29 pm
why is boehner their??? all i have seen is him 1) cry 2) talk in a deep tough voice saying NO.
Don’t know about you but I don’t let those types of people into/run/ruin my life. So please let’s all get rid of this boehner idiot. PLLLEEEASSEEE!!
Posted by: didntEatDinner | July 26, 2011, 5:32 pm 5:32 pm
Esther – Great post! I agree with everything you said. I would just add one thing. Stop corporate welfare, but decrease business taxes on any business that has 100% of their employees in the USA. This is unlikely to include big corporations, but will help many medium and small businesses to expand and hire.
Posted by: MikeMo1947 | July 26, 2011, 5:37 pm 5:37 pm
Don, look deeper into the figures you provide: the top 1% pay the biggest percentage of taxes beCAUSE they have all the income! Another poster put it this way: nine people make $5 a year each. One person makes $5000 a year. They ALL pay 40 percent income tax. Does the rich guy pay about 99% of all the income tax liability? Yes, beCAUSE he made ten times more than the rest of them did!!! Your stats just fell right on their face.
Posted by: puppyfeet217 | July 26, 2011, 5:39 pm 5:39 pm
didntEatDinner – Let me illustrate proof. The government revenue to GNP is the lowest since 1950. And government expenses are the highest since WWII. That should prove that taxes need to be increased and expenses need to be cut.
Posted by: MikeMo1947 | July 26, 2011, 5:40 pm 5:40 pm
MIKEMO1947 youSAID it EZACTLEE – ‘That should prove that taxes need to be increased and expenses need to be cut.’
please tell the boehner dipclod this:
taxes need to be increased …Giving the wealthy a free ride just makes them GREEDIER.
Posted by: didntEatDinner | July 26, 2011, 5:48 pm 5:48 pm
Eat the RICH ….just DESSERTZ
Posted by: didntEatDinner | July 26, 2011, 5:49 pm 5:49 pm
I applaud Rep. Kucinich for your honesty. Let’s be clear; any decision to stop paying Social Security checks would be completely at the discretion of the President, and not a necessity. Even if the debt ceiling is not raised, the government collects over $200B a month in revenue. SS and Medicare each distribute about $50B per month and service on the debt is $14B. So, there is plenty of money to meet our “obligatio¬ns”. It would be difficult to keep many parts of the government running, but there is no need to threaten the sick and elderly and those that depend on their Social Security checks. Americans have paid into Social Security their entire lives and yet the President will pay others before he would pay the very people that put their money in the system. Social Security and Medicare are not entitlements. Working class Americans have paid into these programs since FDR and JFK. Insurance is just that; insurance that is paid for by the buyer and entitlement by definition is a giveaway. Thank you Rep. Kucinich for your honesty, please move to Oregon and run for Rep. David Wu’s seat.
Posted by: T Trump | July 26, 2011, 5:52 pm 5:52 pm
DON, another 1%-3% wouldn’t kill them! By the way, what about these “rich” corporations? If some of those loopholes were eliminated, more could be gotten from them! In any case, House Speaker Boehner is the one holding up progress, with his tunnel vision! He is so busy catering to “Tea Party” folks, who don’t even represent the majority of the American people, that he’s not getting the full picture. QUESTION: With all the times in the past that the dept ceiling was raised, why is it that the Republicans, led by Boehner, so eager to make it hard for “this” President ??? Even everyone in his party is not in full agreement with what he is doing! It’s easy to see that what he is offering is for political gain. Why offer something temporary, so that it can be brought up again around election time! This should be fixed now so that the American people won’t have to go through this political torture again anytime soon.
Posted by: Jax | July 26, 2011, 6:03 pm 6:03 pm
COMMONSENSEPARTY | JUL 26, 2011 5:12:01 PM posted : “Only mentally ill people would give this government more revenue before the government actually showed some fiscal responsibility.”
You keep posting that the government must “show fiscal responsibility.” What exactly does that MEAN to you? For me, fiscal responsibility means paying off the largest contributions to the national debt: a decade of borrowing TRILLIONS to pay for two unfunded wars + the unsustainable Bush era tax cuts.
And GREAT IDEA! Let’s simply raise the debt limit. It should take just a couple hours – as Republican Mitch Daniels, GW Bush’s Budget Director once said, “this is simply housekeeping that has nothing to do with future spending – this simply reflects decisions made in the past”. Done.
THEN Congress can move on to tackling the 2 two contributing debt factors: government spending + missing tax revenues.
And before you continue slinging around “mentally ill”, look up the term “projection” in the DSM. Poll after poll over the past several months shows the MAJORITY of Americans believe we should increase taxes.
Posted by: green.goddess | July 26, 2011, 6:21 pm 6:21 pm
Georgie Bushie: Can always count on you for valuable figures, the right whiners will ignore though. I guess they believe they can convince of stupid propaganda, it’s getting old.
Posted by: phallon | July 26, 2011, 6:21 pm 6:21 pm
RockAgain,
You say that if the “rich” were paying what the CBO says they are paying then it would be fine. Understand these are not the tax RATES these are tax COLLECTIONS. They ARE PAYING over 30% of their earnings in taxes. At least that is what the CBO is reporting.
Posted by: Don | July 26, 2011, 6:34 pm 6:34 pm
GOP doesn’t want to pay taxes? Send them a country where they don’t have to, but leave the freedoms behind. We who believe in America and are willing to sacrifice for a better country can’t afford stuffing your pockets with our tax-break dollars anymore. We’d rather feed the poor than the rich!
Posted by: sftommy | July 26, 2011, 6:47 pm 6:47 pm
Obama ‘is the only one who cares about the average American. Anyone who supports the Republicans on this issue is someone who stands to beneifit from the tax breaks for the top 2% of the country. If you’re not, then you need to get a grip! I want a president who cares about the average American, not just the rich ones. So Mr Boehner please take yout own adfvice and grow up. Listen to the people not to your own thoughts, you do not speak for me…….
Posted by: SoaringEagle | July 26, 2011, 6:48 pm 6:48 pm
Mr. Boehner,
You need to help represent ALL Americans and STOP this childish bickering. The American people
depend on their government to take care of them.
is is what American Democracy means. GROW UP and do your job!
Posted by: J. Zoldessy | July 26, 2011, 6:54 pm 6:54 pm
The Voters are to blame for this mess. You have a President that is willing to work hard for the American People and you didn’t like the things he was doing so you sent a message by electing a majority Republican Senate. Well now you are the one’s getting the message, you cannot have a democratic president and a republican senate and expect to get things accomplished. You would have the same problems with a Republican President and a Democratic Senate Majority. They are like oil and water, they don’t mix. Republicans don’t want to raise taxes on the rich and Democrats don’t want to cut programs for the poor and the people that end up paying every time are the middle-working class.
Posted by: Yvonne | July 26, 2011, 6:54 pm 6:54 pm
Warren Buffett, in a recent interview with CNBC, offers one of the best quotes I’ve heard in all this drama about the debt ceiling:
“I could end the deficit in 5 minutes,” he told CNBC. “You just pass a law that says that anytime there is a deficit of more than 3% of GDP, all sitting members of Congress are ineligible for re-election.”
Posted by: DKT | July 26, 2011, 7:04 pm 7:04 pm
Why did ABC break into regular programing for just another one of the President’s campaign speeches?
Posted by: Freedom | July 26, 2011, 7:08 pm 7:08 pm
DKT great quote
Posted by: John | July 26, 2011, 7:14 pm 7:14 pm
Mr. President and Members of Congess, The middle and lower classes helped elect you and you need to listen to us. Grow up. You and the wealthy members of society are the problem with your tax loop holes. If you paid your fair share of taxes, we wouldn’t be in so much debt. But you and the lobbyist continue to take things away from us and we pay the higher percentage of taxes. To tell the truth, I am angry and upset and will certainly vote in the next elections for the candidates that care about the middle and lower classes!
Posted by: Marie Harling | July 26, 2011, 7:17 pm 7:17 pm
Mr. President and Members of Congess, The middle and lower classes helped elect you and you need to listen to us. Grow up. You and the wealthy members of society are the problem with your tax loop holes. If you paid your fair share of taxes, we wouldn’t be in so much debt. But you and the lobbyist continue to take things away from us and we pay the higher percentage of taxes. To tell the truth, I am angry and upset and will certainly vote in the next elections for the candidates that care about the middle and lower classes!
Posted by: Marie Harling | July 26, 2011, 7:17 pm 7:17 pm
Throw all the bums out. This deficit is a disgrace for our country. I would,’t run my house like this!
Posted by: philip krystel | July 26, 2011, 7:36 pm 7:36 pm
John Boehner and the republican party do not want to agree to anything that would help President Obama win re-election. They would rather cut off their noses to spite their faces. They do not want to tax the rich just make the poor and middle class suffer the burden of support. They want to make cuts that effect many Americans that will likely vote for President Obama. They are selfish and do not care about the long range effects of their hidden agenda. The American people and the world economy is already suffering for their lack of foresight!
Posted by: Mark Allen | July 26, 2011, 7:36 pm 7:36 pm
speaker boehner should resign..his “counter speech” to the presidents last night was insulting to the average american, particularly the part about having been a small business owner himself..wealthy people are not the small business owners, and they do not promote job growth..they promote wealth for themselves..if taxes are an issue, then do a flat rate based tax without loopholes to even the burden..put into effect paycuts for congress and senators..eliminate false medicaire claims for services and goods in the thousands of dollars (this does occur),eliminate elected officials having several offices with paid staff members..there are lots of places to cut if someone had taken the time to make a list , compare and contrast services and benefits of each, and then put them on the table, rather than point fingers..a high school political science student or debater knows that!
Posted by: susan | July 26, 2011, 7:44 pm 7:44 pm
I think that we need to remove all members of the House, the Senate and replace the President…simply start over. I believe the Declaration of Independence provides guidance for this action.
Posted by: Shoe5 | July 26, 2011, 7:51 pm 7:51 pm
RAY posted “I suddenly realized that if Obama were not allowed to lie or blame someone else for his many failures he would not be able to make a speech. How sad for our country.”
What’s really sad are HATERS like YOU who try to convince everyone that our country was 100% when Obama was sworn in.
The DOW was over 14,000 in 2007. When Obama was sworn in it was UNDER 8000.
The housing bubble had already burst. TARP happened before Obama was sworn in.
The economic bus when off the cliff BEFORE Obama took over. The only one lying is YOU.
Posted by: Faurtz | July 26, 2011, 8:00 pm 8:00 pm
Actually, both parties are becoming an embarrassment. When two sides would rather argue and stonewall than find a suitable compromise it makes you wonder if they do not understand what it is they were elected for, to govern the nation and keep running. If getting elected has become the holy grail of politicians, and the work of governing an onerous chore they would rather not deal with, then we need to look long and hard at the people we elect and HOW we elect them. We need people willing to do the work, not glamour guys and gals who only want the perks and the publicity and not the job. Let those people go and be “stars” some place else. Citizens need to start looking for candidates who work hard and do a good job at whatever job they have now! Not for primadonnas who might look good on camera, know just what to say for any occasion, and are friends with all the right people. So, in this coming election, how about we look for people who want the work, who believe in and are willing making hard choices, because there are going to be a bunch coming up! We don’t need the people, no matter who they are, who won’t work for sensible solutions to our complex problems. And the bunch we have now, they don’t seem to be up to the challenge.
Posted by: Dilys Daraheart | July 26, 2011, 8:34 pm 8:34 pm
MICHIGANDER_SANDUSKY posted “All of those blaming the Tea Party and Republicans are so very wrong. Who was responsible for passing the laws that FORCED banks to make bad mortgages leading to the housing and financial crises? Democrats! Who constantly blocked attempts to rein in Freddy and Fanny? Democrats! ”
Who doesn’t know how our economy really crashed? MICHIGANDER_SANDUSKY. Who doesn’t know how Fannie and Freddie operate? MICHIGANDER_SANDUSKY. Who doesn’t know that the PRIVATE sector is responsible for our economic problems? MICHIGANDER_SANDUSKY. Who doesn’t know about MBS’s and CDS’s? MICHIGANDER_SANDUSKY.
Posted by: Faurtz | July 26, 2011, 8:41 pm 8:41 pm
The “job-creator” argument has no credibility with me. In fact this entire debt ceiling fiasco has no credibility. Where was the Tea Party and the other financial militants when George W. Bush raised the debt ceiling 7 times during A NORMAL ECONOMY when it SHOULD have been questioned! I say that the hysteria kindled by the Tea Party has its roots in a very dark place in the human heart. Not from a desire for fiscal responsibility or good government. But from an interest in tearing the Nation apart for it’s own small minded goals.
I appeal to seasoned elected officials to use your influence to steer the House and Senate away from crass, vindictive politicking and toward good, balanced fiscal governance.
Posted by: Jlucchesi | July 26, 2011, 8:46 pm 8:46 pm
And regarding the sacred 5% of Americans with 90% of the wealth – If these people are such “job-creators” WHERE ARE THE JOBS? They got to keep the Bush era tax cuts – WHERE IS THE IMPROVEMENT? The worst financial crisis in a generation began in 2008. Why haven’t they stepped up? What are they waiting for? A Republican administration? Is THAT how we are to be treated? Like economic collateral damage in that our suffering is used as a stepping stone for a political advantage? It is despicable – and very transparent.
Posted by: Jlucchesi | July 26, 2011, 8:47 pm 8:47 pm
We cannot borrow & spend our way out of this mess! Time to be adults and do what any ordinary citizen would have to do: cut spending, raise revenue, live within our means. Time for leadership to do the right thing (not the expedient thing, not the politically correct thing).
Posted by: Fed Up | July 26, 2011, 8:48 pm 8:48 pm
Families in the U.S. are living within a budget, so the Government should be able to do the same? Americans are now forced to pay what they can…. most can’t pay for their needs, much less wants. Companies are not giving raises because the are budgeting… ummm…and they say.. let’s send 100 of our jobs overseas so WE (the company) can cut their budget by 125 million! ummm…. got a few million to pass to the Americans that lost their jobs due to you wanting to cut your budget??? I thought not!
Posted by: Lorrie | July 26, 2011, 9:36 pm 9:36 pm
John Boehner has got to go, he has stated in the past that he will do everything in his power to work AGAINST President Obama and the Democrats, he has proven that he has no interest in the American people or the country as a whole. His agenda, or should I say “corporate americas” agenda is to crush the middle class and only have two classes in America, the rich and the poor, but the stupid part of their agenda is that these companies employ much of the middle class.
The lies that spew from the conservative republicans that continue to brainwash their constituents is what amazes me. To follow so blindly and to actually believe that cutting Medicare ans Social Security is what will save America, yet allowing huge corporations and the millionaires and billionaires that run them to have such large loop holes that they don’t even pay income taxes is asinine.
The arrogant actions of the Speaker of the House shows how much he DOESN’T care about the Americans that voted him into office. It is clear to many of Americans that Washington is full of corporate puppets on either the republican or Democratic side and they are the ones that are destroying America. It’s time to purge them all from office and charge them with treason, especially any politician that has been found to be associating and carrying out the plans of the Koch brothers.
Posted by: Michael | July 26, 2011, 10:35 pm 10:35 pm
Very well said @ Micheal! I couldn’t agree with you more.
Posted by: Lorrie | July 26, 2011, 10:39 pm 10:39 pm
Republicans are an embarrassment to the United States.
Posted by: Lorrie | July 26, 2011, 10:41 pm 10:41 pm
This is all so shameful! Imagine if we the common working man/woman in America would blow off our boss with lies and hot air in failing to get the job done that we are getting paid to do? We would get fired immediately and replaced. Why aren’t Americans furious over what is going on in Washington? Why do we continue to allow these type of politicians to run our country and our lives into the ground? We don’t live in a democratic society. We are allowed our simple little jobs so we can pay more and more taxes to fuel their wars and greedy agendas! I’m tired of the name calling and finger pointing from all sides. Bring home all of the troops from everywhere outside the US and quit giving other nations billions of our tax payer dollars. This will balance our damn budget and keep us from asking for more handouts from china and other countries buying up our debt… Vote for Dr. Ron Paul for president in 2012!!!! All of us Soldiers support Dr. Paul for president!! We are tired of senseless, endless war
Posted by: blis4us | July 26, 2011, 10:51 pm 10:51 pm
“Predicting where the market is heading is a daft exercise. But its nonchalance suggests that investors are no more worried about the possibility of a U.S. default now than they were on Friday. The consensus seems to be that the debt-ceiling crisis is an obnoxious piece of political theater that will end as close to the default deadline as possible, and that it is not an actual financial crisis that needs handling now.” -article in “The Slate”
I totally agree. Both sides are being a bunch of drama queens trying to score political points. What they have failed to realize is that so many of us have had enough.
Posted by: princess9681 | July 27, 2011, 5:12 pm 5:12 pm