Sen. Mitch McConnell: ‘The Tax Issue Is Finished’

Who cares what Standard & Poor’s says? They told us the economy was solid just before it crashed.

Neither side got the message. Do what’s best for the COUNTRY, not yourselves, Tears down the house and build a new one.

What do you expect from the man who led the fight that resulted in unlimited corporate funding for political campaigns. no billionaire left behind is Sen McConnell’s campaign slogan.

If Mitch McConnell wants spending levels to go back to what they were when the budget was balanced, let’s start with Congressional Salaries, Benefits, and Perks. That includes all the monies spent on Congressional offices, travel, staff, health clubs, barbers, etc. Let Congressional raises be the same as other Federal employees’ raises. Let Congressional retirement plans be the same as those who retire under the Office of Personnel Management Plans. Let Congressional health insurance plans be the same as other Federal employees’ health insurance plans. Only then will the GOP stop looking like a bunch of hypocrites with their calls for cutting spending.

The land shark is really really good at pointing blame. It’s just directed at the wrong party!

McConnell is worse than Boehner. At least the Speaker will negotiate and bend a bit, as the President did. Wait! Mitch is the tenth richest senator in the USA. No wonder he hates taxing the rich.

It is refreshing to know that someone has a grip on our over spending and will act to bring it under control.

Oh – and no one in Congress should get paid (including health insurance benefits, retirement benefits, office space, staff salaries, etc.) for days they are in recess unless they have accumulated enough vacation days (at the same rate of accumulation as other Federal employees) to cover the time off.

Sen. Mitch McConnell is a perfect example of avoiding the main issues., I am so sick in observing the immaturity of adults. Pointing fingers at who is not doing what, instead of working together. There is so much time and money being wasted in arguing like little children. I do not appreciate my tax money being paid to those who are in a position of representing the people, sitting in their offices, not really having a clue of how people are truly living in areas that they will never visit in their life time. There are families that are so out of touch of what is happening around the world, their main focus is what happens under the roofs of their homes. Work together for the people, please.

“… Do what’s best for the COUNTRY, not yourselves, Tears down the house and build a new one…” the only way that would work is if (1) campaign contributions were outlawed in all forms and (2) term limits were imposed. Those two things are the POISON in Washington and you can change anyone and everyone you want, they will all succumb to greed and if allowed to stay in Washington for 10 years, 20 years, they will become what we have there today…

trying to compare Bush’s spending with Oblunder’s is just silly

Mitch McConnell, you’re a hypocrite ! All the spending that Bush did starting two wars and now he’s blaming Obama for bringing better healthcare to the country??? What a jerk!

Time to fire Mitch McConnell! He’s useless part of our government. Complete waste of tax payer dollars. Let’s start with his job.

So, who died and let him or any of them become the boss of OUR people, OUR world? ” Will NOT accept “??? Who the heck does he think he is? ( and his party). Any and all of this affects ALL the people in the UNITED STATES OF AMERICA. Another showing of the Old Days. Please stop hiding and come out from under the pews. THIS is OUR country.. not one persons or party. Get over yourself. Maybe he needs a vacation.. right, he already did that, over and over and over again. Like the rest of them. and WE PAY THEM to represent us? Horrible

Yeah news flash and thank you so much. Both parties are literally crazy. I work and work hard don’t even make that much. My paycheck without the 2% extra tax taken up just nose dived about 80.00 so I am anticipating at least 100.00 after tax cut. This is ridiculous and as a middle class voter am sick of being abused and used by both parties who lie.and the people believe. I have the proof my paycheck.

So Mitch thinks the President and Democrats are the problem. But, it was ole Mitch who said the Republicans’ top priority was to limit Obama to one term. It’s hard to work together when you want the President to fail.

This guy must think we’re all idots. From day one his only pea brain thought was to get Obama out of office. The American people thought differently though. If we get the same level of cooperation during the next congressional session I’d like to see all these uncooperative Republicals voted out of office. Let’s make’um extinct.

33 Years of Republicans Growing Government, Growing Debt, and Slashing Revenue. Now, this lemon faced Traitor wants to cut Social Security and Medicare. We didn’t have this issue until the Republicans created it. Without Bush and the preceding Republican anti-Americanism we would have been very well off.

The head of Obama propaganda, a gay of Chinese origin, must be from lowest ghetto or China town somewhere. Obama is a poor man who suddenly got a huge sum from grandma, spending on all poor relatives, illegal immigrants, diamonds on trucks. Hilary Clinton was raised from a background with no sense of culture, never being rich before in the history.

33 Years of Republicans Growing Government, Growing Debt, and Slashing Revenue. Now, this lemon faced Traitor wants to cut Social Security and Medicare. We didn’t have this issue until the Republicans created it. Without Bush and the preceding Republican anti-Americanism we would have been very well off.

Posted by: Robert Simpson | January 6, 2013, 1:47 pm 1:47 pm
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Since 1945… The Democrats have controlled the house for 51 years Republicans 16 years
…………………… The Democrats have controlled the Senate for 47 years Republicans 20 years
…………………… The Democrats have controlled the Pres. for 31 Years Republicans 36 years
…………… The Democrats have controlled ALL THREE at 1 time for 21 years.. Repubs 4 years
…………… The Democrats have controlled 2 of them at 1 time for 43 years….. Repubs 12 years.

This is the first time the government and CIA directly force American citizens to hand out guns. After the lesson of 1929, no small investors store gold in bank safety deposit boxes anymore. This time, the CIA will use video records in numistmatic stores. Leave the rest for your own imagination.

While I like the message that Senator McConnell is making, I think that in reality, more revenue enhancements will be necessary in addition to significant spending cuts. Statements like these tend to paint politicians into corners by taking away their ability to negotiate. I wish they would just say that they are willing to work together to solve our fiscal mess and quite making hard line negotiating statements. We should be paying for the benefits we are receiving and not expect future generations to foot the bill in the form of excessive interest payments on our baloonng debt.

Attention progressives… take off your blinders

If we could get back to George Bush’s level of spending $2.9 TRILLION budget for 2008 instead of the $3.8 in spending Obama is proposing for 2013 we have a small surplus.

Obama has spent over 1 trillion more than the government has gotten every year of his presidency. Bush topped out at less than 1/2 that.

we are screwed. the natives that voted obozo in have no clue or concern about the major spending issues our government has.

The republicans in the Senate and the House should make it perfectly clear that NOTHING is going to pass until the budget is dealt with. They will filibuster in the senate anything that comes up and the house will refuse to bring up anything other than getting our spending on track.

The facts remain. revenue is about even to what it was pre-recession and we just took another $60+B/year from the private sector with the tax increase. Spending is up over $1T from pre-recession levels. We went from “obscene” (according to the current president) $400B yearly deficits to now what appears to be acceptable $1.4T yearly deficits under his watch.

So game on Republicans.

Ha! That’s rich! Spending addiction.. the only one with a ‘spending addiction’ here are those on the left!

Forget taxes. On to the bankruptcy hearing.

Why don’t these republicans say what they will cut in stead of just cut. Everyone is for cutting as long as it doesn’t effect them. Start cutting corporate welfare fist no more oil subsidies

cut spending…. focus on defense!…. and the countless agencies for ‘security’… no one even knows how many defense contractors there are any more.

don’t cut money for education (pell) or assistance for the poor or disabled or veterans…. don’t cut areas that make a net profit (IRS), or agencies that enforce rules regarding fraud.

the only one with a ‘spending addiction’ here are those on the left!

Posted by: anon | January 6, 2013, 4:13 pm 4:13 pm

Don’t kid yourself, Bush left a doubled national debt and a deficit for 2009 of over a trillion dollars – plus an economy in the midst of the largest economic collapse since the Great Depression.

Bush overspent = demon. Obama overspends = angel. Okay, that makes sense. LOL.

Sorry Mitch but those loopholes that allow people like Mitt Romney to pay a 10% tax are next to go.

This is Mitch’ political posturing and a signal to potential 2014 voters for him. He clearly knows that he ALONE cannot determine if this the last tax issue. We still need to reform our tax code remember. We still have to bring in more revenue and find savings where we currently spend. You need MONEY to pay down debt. As a former republican, now turned democrat…. I hope these two stop playing the political games and STAND TOGETHER to tell the American the full spectrum of what must be done to stabilize our credit and economy.

A friend at church who is a WELDER told me this morning that they taxed his paycheck $50.00 this week, to me that sounds like around ……20% ………with holding tax, plus his Social Security with holdings. THAT SOUNDS LIKE A HUGE INVESTMENT INTO THE LOCAL ECONOMY TO SPUR PRODUCTIVITY AND SALES UP.
FOLKS this is a DESPERATE SITUATION THAT WE ARE IN. The gasoline and the tax markets are going to bring this nation into ruination. PAYING for what Corporate is not paying in CHINESE labor.

2 Chronicles 7:14…….If my people, which are called by my name, shall humble themselves, and pray, and seek my face, and turn from their wicked ways; then will I hear from heaven, and will forgive their sin, and will heal their land.

He can repeat this on every talk show until he’s blue in the face, but it ain’t over until it’s over, and it ain’t over!!!

Drilling NOW would give us energy independence, plenty of jobs, and would stop sending money to terrorists.
Why can’t we?? Why not, BHO????
Hello?!?

OK Mitch, let’s start with the over bloated multi-national corporation’s private security force; the US MILITARY!

I don’t understand all this talk that the President has to get specific about spending cuts. IMO, it is the Republicans that need to get specific. The Republicans like Boehner, McConnell, McCain, etc are all preaching it is now time for spending cuts. Well, where are their specifics? I see no one hammering the GOP for their specifics, not on This Week or any other news show. Everyone talks about Obama needing to get specific. The President campaigned on higher tax revenues and a balanced approach. He is doing his part. Now it is time for the GOP to put up or shut up, IMO. When are the media going to start getting tough on the GOP leaders for their specifics? Their cuts will be unpopular. Let’s see how far they really are willing to go.

Great, and McConnell’s carreer is finished too for not doing his job to DEMOCRATICALLY help rule this country. As has been said about former middle east leaders, his leadership is “illegitimate” and “he must go”. Otherwise the American people will impose sanctions on him, freeze his bank accounts, and set up a drone strike on him and other domestic terrorists.

This guy just doesn’t live in our reality, does he. ” Mitch McConnell. R-Ky., Sunday said he will not accept any new revenue in future deals with congressional Democrats and President Obama.
“The tax issue is finished. Over. Completed,” McConnell told me on “This Week.” “That’s behind us. Now the question is what are we going to do about the biggest problem confronting our country and that’s our spending addiction.”—-So his idea is just to slash as many social programs as he possibly can to try and ballance the budget? You can’t get rid of the deficit without taxing!!!!!!!!!!!!!!!! Lord almighty people, has our educational system failed us so badly that we can’t even do simple economics?

did anyone who works in washington notice the extra deductions from their checks? Probably not, they make enough that it does not phase them. BUT us average ppl it hits hard, even if it is $400 a month give or take depending……..

I guess the 1% need the extra money to purchase a $2.8 million baseball card or some gum chewed by Elvis. The 1% want the to 47% to do without healtcare and other life saving services so they can have thier expensive toys. Am I my brothers keeper, guess not. Maybe the 47% should insist on higher pay for military service, like maybe $2.8 million for a four year enlistment.

Bob 4:44pm – Capping deductions at $25K will impact middle class in some parts of the country. Our property taxes alone have increased to $17K for a raised ranch / mother daughter house in NY. This is more than triple what it was when we moved here and is largely due to out of control school taxes.

Scroogeyou – so what is your answer? Do you think we can continue to tax the country out of its debt problem? If a family had money problems, most people would think they should cut back on expenses, eliminate cable, etc. and not go out and buy a new car just because it gets a little better MPG and will “save” them money.

McConnell says the tax issue is finished … only until the Republicans want to cut their rich masters another bigger slice of the cake. Hey, if you guys can revisit it, so can the Democrats.

@ Bob Great! May actually work..if we could get them to actually enforce it!!!!!!!! .. That’s what you think Senator McConnell. We have only just begun on getting thinks back on track. When only 1% of Americans will see a tax increase this is just plain foolish. Now what is needed, is to eliminate tax loopholes that our politicians put in the tax code on purpose to benefit the rich and themselves. Then all deductions need to be capped at $25,000 in which only the rich will be affected. Then we need to end tax free havens with off shore accounts and place a tax on all corporations that outsource jobs by making it more expensive to make their products overseas than right here at home due to labor costs.

POSTED BY: BOB | JANUARY 6, 2013, 4:44 PM 4:44 PM

Nothing worse than a blind person who doesn’t want to see!! What a bunch of trivial idiots! And both sides are equally bad! WOW!!!
Obama, Reid, Pelosi, Boehner, McConnell, etc, etc. It’s like a parade of incompetents! The Keystone Cops would be a welcome sight in Washington.

You people defending your party, or the president, look like absolute idiots! Like anyone in Washington is NOT to blame!

You know you can trust the Obama Democrats to tell us the truth–I mean remember when OBAMA kept telling us the mandate on OBAMACARE was not a tax–but then his attorneys go before the Supreme Court and say it is a TAX!!!! SURPRISE—No but really you can trust the OBAMA Democrats to tell you the truth THIS TIME!!! Really this time you can trust Obama and the Democrats to be honest!! No really this time they are telling the truth…

“Really this time you can trust Obama and the Democrats to be honest” “Read my lips. NO NEW TAXES. ” Remember that one?

Cuts alone can’t do it. Taxes alone can’t do it. Anyone who says otherwise is lying to you for political ends.

“I see a lot of Dems talking about Obama raising the Debt Limit WITHOUT more revenue OR any spending cuts. Without any vote or negotiating.” The debt ceiling covers spending Congress has ALREADY agreed to spend. The only thing to negotiate is whether our word is worth a da*n thing. Why is it so hard for Republicans to get that into their thick heads?

We need to raise the Capital Gains tax to at least 35% with no deductions then reduce the income tax on wages to no more than 12% less deductions. That ought to help undo some of that damage from the last 20 years of gushing wealth upward. And, I’m one of the people that would pay more… GLADLY!

Always thought that increased sales tax on luxury goods is one of the fairest ways to go. If you can afford it, you can afford to pay for it.

“Let’s double the debt right now.” Hey Sherlock, doubling the debt CEILING is not the same as doubling the debt. Ask your mother or a responsible adult to explain why. The debts we have now are debts we have already incurred on policies already enacted …. yes, by Congress.

Two years ago the federal payroll tax was decreased from 6.2% to 4.2%, however, thanks to the state of Illinois and our oh so wonderful govenor, the state income tax rate went from 3% to 5%, so I did not really get to enjoy more income at that time. Now the federal payroll tax has gone back up to 6.2% and I am now actually clearing less money after taxes per paycheck than I did when the Illinois state income tax rose. Thank you very much to my state goverment and thank you very much to my federal government. It is my humble opinion that you both suck. I hope that when everyone sees their bottom line,they remember each and every single member of both state and national members of congress that were seated at the time it was decided that their ineptness with our state and national budgets should be paid for by increasing the amount that they take out of what their citizens work hard to earn. The next time you are standing in the voting booth makiing the decision on who needs to go, Democrat and Republican alike remember those names. I am done with politicians who continue to treat their office like a right and not the privilege that it is.

Progressives like to self-identify as “progressive”. They are brain-dead zombies, smug useless emo-boy Hegelian mystics, cyber-bullies, frauds, traitors, wimps. Their cult leaders spend more than Bush used to spend. If Bush was in error then, Progressives are in error now. The only difference is they have rationales piled higher and deeper.

“The peasants are revolting”.

What’s amazing to me is how all of these Obama supporters have come up with the concept that the 14th amendment gives congressional override authority to the Executive. That’s NO WHERE in the Constitution.

We ALL know that we are spending too much and irresponsibly but are not willing to sacrifice. People know that their children and grandchildren will end up paying the bills but they just don’t care. It will impoverish their kids but that is secondary to their own immediate gratification. We are a really disgusting society that will deserve exactly what we are going to get.

The President should just stay out of this debt ceiling and spending cuts fight. It’s the Congress’s responsibility to make laws and appropriate money, not his. He can try to sway some democrats his way but that’s it. No more closed meetings in the White House,

All proceedings should be televised on C-Span. If these Congressmen want cover they can meet in the cloak room.

Boehner and McConnell are just looking for a scapegoat. They know these spending cuts are going to decimate this economy and put millions out of work. When it happens they need the President to blame.

The republicans will be against anything the President proposes anyway and it will just lead to more grid lock. Let Congress do their job and quit ducking their responsibility. They’ve already broken the process.

Obama is lucky to keep his job. Millions of people weren’t as lucky.

“The Constitution expressely and solely says that Congress and the Congress only can make laws and appropriate money, not the Executive branch.

The President should stay out of the process.” So we agree then.

Boehnor and McConnell are just looking for a scapegoat. They know that their speding cuts are going to decimate this economy and put millions of Americans out of work.

No more White House closed door meetings. These proceedings should be televised on C-Span so the public can see who these idiots are. If deals are to be cut, they can do it in a closet somewhere.

We have a dysfuntional Congress, they refuse to do their job. The President can either sign the bill or not. If these knuckleheads think they did such a great job, they can override his veto

NEWCOUNTRYMAN

As I said, the President might be able to infuence liberal democrats to move more to the center, but he should in no way be part of these Congressional proceedings

Boehner and McConnell are just looking for a scapegoat. They know these spending cuts are going to decimate this economy and put millions out of work. When it happens they need the President to blame.

The republicans will be against anything the President proposes anyway and it will just lead to more grid lock. Let Congress do their job and quit ducking their responsibility. They’ve already broken the process.

The Village People represent a broad spectrum of Democrat opinion-makers. Inclusivity.

Psycho; If you are refering to the “men that have been long dead” who wrote the Constitution? Are you proposing we throw it out altogether and start over, or make changes? Or do you simply have no other honest comment to make?

NEWCOUNTRYMAN

The President might be able to sway some liberal democrats to the center but thats all he should do. He can either sign the bill or not. If these knuckleheads think they did such a great job they can override his veto.

Boehner and McConnell are just looking for a scapegoat. They know these spending cuts are going to decimate this economy and put millions out of work. When it happens they are looking for the President to blame.

The republicans will be against anything the President proposes anyway and it will just lead to more grid lock. Let Congress do their job and quit ducking their responsibility. They’ve already broken the process.

“They can’t even accept their own kind. Their hate runs deep but their brain pans are shallow.” Look who’s talking.

NEWCOUNTRYMAN

It’s so obvious that the republicans in Congress won’t do their job. They need to debate and compromise with the democrats in Congress, not the President.

Once they have a bill the President will either sign it or not.. If they are so convinced they did a good job , they can override his veto. Let the process work.

Boehner and McConnell are just looking for a scapegoat. They know these spending cuts are going to decimate this economy and put millions out of work. When it happens they need the President to blame.

Jefferson is a target for Democrats who believe America was at a higher state socially and ethically when ruled by neolithic wanderers. Given enough time, the Democrats will return us to that era.

MY Tax money is Obama’s new ‘drug’ habit.

When you think you can think, but you can only feel, it’s comforting to be a Democrat and a “genius”.

newcountryman, no one said throw out the constitution. They did have the foresight to make it a LIVING document with the INTENT that it would be changed for the betterment of the ENTIRE country. I’m just saying you quote these men like they are great leaders and liberators when they were slave owners who succeeded in committing the most effective genocide of an aboriginal population that the world has EVER seen. Your heros stained this country with the Trail of Tears. The charity your heros gave wasn’t really charity but was biological warfare against an innocent populace. And I don’t care WHAT the Native Americans did to the Europeans in defense of their home the natives were defending their homes. Your idols are as hollow as your words!

Anyone can see that this country has a spending problem. Denying that immediately makes you an imbecile.

Psycho; I don’t quote them (the founders). I’m stating what the document actually says. Some people on here obviously don’t know what it actually reads. I’m actually not going to waste my time with you since you’re obviously more into insulting everyone including the ones that provided the very basis for the very words you are free to use (1st Amendment). Have a nice day.

How can Demoncrats be so oblivious? Are you so obsessed with “being right” that you forget that end results are all that really matters? We don’t care who solved the problem. JUST SOLVE IT. The right are being obstructionists because the left wants us to be socialists. This should be no surprise to anyone. You get what you pay for and you can pat yourselves on the back for bringing more misery to all of us. Stop wasting our money. We wouldn’t care to give more if we knew it would be used wisely. IDIOTS IDIOTS IDIOTS

That ought to pay the “vig” on the debt that will crush us all.

OB backed himself into this corner. The only avenue he had against Romney was the class warfare bit..and he was successful. Then it was time to pay the piper. The only way to pay back his promise made during the class warfare propaganda was to ensure only taxes were raised on the successful. Okay, that happened. His other promise was to have a “balanced approach.” Well, OB, the fulcrum is pretty well weighted to one side….revenue heavy. What do you bring to the table this time? Looks like 72% of the folks believe there has to be spending cuts to go along with tax increases. I think most of them actually run a household and understand debt. But, your base is not going to be happy with you if you even mention cuts…..good luck. You should have seen this one coming. I know, I know…you had to get elected first..worry about the details later.

Boehner and McConnell are just looking for a scapegoat. They know these spending cuts are going to decimate this economy and put millions out of work. When it happens they need the President to blame.

Britain has already tried the republican plan with their austerity programs. They now have the worst economy since the great depression, unemployment is soaring and their debt is on the rise again.

All this foolishness of cutting spending in the middle of a recession will do the same here.

The republicans will be against anything the President proposes anyway and it will just lead to more grid lock. Let Congress do their job and quit ducking their responsibility. They’ve already broken the process.

Boehner and McConnell are just looking for a scapegoat. They know these spending cuts are going to decimate this economy and put millions out of work. When it happens they need the President to blame.

Britain has already tried the republican plan with their austerity programs. They now have the worst economy since the great depression, unemployment is soaring and their debt is on the rise again.

All this foolishness of cutting spending in the middle of a recession will do the same here. If the republicans would use some common sense instead of worrying about their primary elections, which they will loose anyway we might make some progress.

The republicans will be against anything the President proposes anyway and it will just lead to more grid lock. Let Congress do their job and quit ducking their responsibility. They’ve already broken the process.

here comes the Democrat defense line: “Boooooooschhhhh!!!!!”

First, let the sequester kick in. Next, cut 600′billion to match the tax increase that went through as part of the fiscal cliff, and then cut all this:

* Corporation for Public Broadcasting Subsidy — $445 million annual savings.
* Save America’s Treasures Program — $25 million annual savings.
* International Fund for Ireland — $17 million annual savings.
* Legal Services Corporation — $420 million annual savings.
* National Endowment for the Arts — $167.5 million annual savings.
* National Endowment for the Humanities — $167.5 million annual savings.
* Hope VI Program — $250 million annual savings.
* Amtrak Subsidies — $1.565 billion annual savings.
* Eliminate duplicative education programs — H.R. 2274 (in last Congress), authored by Rep. McKeon, eliminates 68 at a savings of $1.3 billion annually.
* U.S. Trade Development Agency — $55 million annual savings.
* Woodrow Wilson Center Subsidy — $20 million annual savings.
* Cut in half funding for congressional printing and binding — $47 million annual savings.
* John C. Stennis Center Subsidy — $430,000 annual savings.
* Community Development Fund — $4.5 billion annual savings.
* Heritage Area Grants and Statutory Aid — $24 million annual savings.
* Cut Federal Travel Budget in Half — $7.5 billion annual savings
* Trim Federal Vehicle Budget by 20% — $600 million annual savings.
* Essential Air Service — $150 million annual savings.
* Technology Innovation Program — $70 million annual savings.
* Manufacturing Extension Partnership (MEP) Program — $125 million annual savings.
* Department of Energy Grants to States for Weatherization — $530 million annual savings.
* Beach Replenishment — $95 million annual savings.
* New Starts Transit — $2 billion annual savings.
* Exchange Programs for Alaska Natives, Native Hawaiians, and Their Historical Trading Partners in Massachusetts — $9 million annual savings
* Intercity and High Speed Rail Grants — $2.5 billion annual savings.
* Title X Family Planning — $318 million annual savings.
* Appalachian Regional Commission — $76 million annual savings.
* Economic Development Administration — $293 million annual savings.
* Programs under the National and Community Services Act — $1.15 billion annual savings.
* Applied Research at Department of Energy — $1.27 billion annual savings.
* Freedom CAR and Fuel Partnership — $200 million annual savings.
* Energy Star Program — $52 million annual savings.
* Economic Assistance to Egypt — $250 million annually.
* U.S. Agency for International Development — $1.39 billion annual savings.
* General Assistance to District of Columbia — $210 million annual savings.
* Subsidy for Washington Metropolitan Area Transit Authority — $150 million annual savings.
* Presidential Campaign Fund — $775 million savings over ten years.
* No funding for federal office space acquisition — $864 million annual savings.
* End prohibitions on competitive sourcing of government services.
* Repeal the Davis-Bacon Act — More than $1 billion annually.
* IRS Direct Deposit: Require the IRS to deposit fees for some services it offers (such as processing payment plans for taxpayers) to the Treasury, instead of allowing it to remain as part of its budget — $1.8 billion savings over ten years.
* Require collection of unpaid taxes by federal employees — $1 billion total savings.
* Prohibit taxpayer funded union activities by federal employees — $1.2 billion savings over ten years.
* Sell excess federal properties the government does not make use of — $15 billion total savings.
* Eliminate death gratuity for Members of Congress. Untold savings could result from this.
* Eliminate Mohair Subsidies — $1 million annual savings.
* Eliminate taxpayer subsidies to the United Nations Intergovernmental Panel on Climate Change — $12.5 million annual savings
* Eliminate Market Access Program — $200 million annual savings.
* USDA Sugar Program — $14 million annual savings.
* Subsidy to Organization for Economic Co-operation and Development (OECD) — $93 million annual savings.
* Eliminate the National Organic Certification Cost-Share Program — $56.2 million annual savings.
* Eliminate fund for Obamacare administrative costs — $900 million savings.
* Ready to Learn TV Program — $27 million savings.
* HUD Ph.D. Program.
* Deficit Reduction Check-Off Act.

* TOTAL SAVINGS: $2.5 Trillion over Ten Years

The Spending Reduction Act of 2011 was introduced to the House of Representatives in January 2011 and referred to committee, where it has remained ever since; it has not been passed or ever put to a vote.

An ineffectual Weimar Republic argues as violent thugs wait for hyperinflation to make their case.

I can’t wait until you folks discover that there isn’t enough revenue to be squeezed from the rich and he is going to have to tap the middle class for bucks. I wonder how many of you will be so understanding of taxes when it comes from your paycheck instead of some rich guy? Let me take a wild guess.

@choppyseas wrote: “The only avenue he had against Romney was the class warfare bit..and he was successful.” Yes… it was Obama using Romney like a puppet and FORCING Romney to write off 47% of the VOTING public, INCLUDING seniors, veterans and other such moochers to whom the GOP believes our government owns no debts. Yes, it was Obama who forced Romney and the GOP to REFUSE to listen to the voting public. I have no doubt that you will say that the voting public didn’t know what they were doing. Keep it up and the Democrats will take the House in the next round of elections. Thanks… it’s much appreciated!

I doubt if you are going to appreciate things when we go bankrupt and austerity is forced on us. If you think that taxes are high now and spending is not enough you are in for a big surprise. There will be NO entitlements or safety nets anymore. The government will spend the high taxes that it will be forced to impose on us, our children and our grandchildren to pay off debts that they will never be able to pay off. You will be on your own, sweetheart.

Why is it that EVEN when one of their own argues in favor of raising taxes on the wealthy, the critics ALWAYS twist that into illusory opposition to cutting waste and spending? Why is it that when you ask the people who scream the loudest about waste and spending to take a look at waste and spending at the Pentagon they get all LIBERAL? I’m all for defending this country but let’s get real, if we’re going to address spending, waste and fraud then we CANNOT give a free pass to ANY area of our government. I can see why you are “perplexed”. Honestly I would rather my descendants bear the burden of high taxes than be subjects (property) of “the company store”. And I make my primary income on the stock market buying from the chicken little’s of the world. They ALWAYS come back and I ALWAYS demand a premium of AT LEAST 10% and more often upwards of 20%. Keep up the panic… it’s great for my bottom line..

Wow!! According to Mitch McConnell Washington’s self inflicted Fiscal Cliff (He helped create) is a bigger problem than 20 dead 1st graders gunned down like small animals. Not quite his words, but he said it…Unbelievable!

You can add revenue without taxing JAX. You complain that our education system has failed us based on mcconnels statement on revenue/taxes/deficit? well you confirmed your own claim for me!! heres one way of getting more revenue without raising taxes- simple, its called getting more tax payers! more jobs=more tax payers. higher paying jobs=more revenue. easy.. your a joke JAX.

I am going to risk that I have not used up my quota for conservatives but here is a go at it. What does it profit us to continue spending with no restraint when most of us recognize that there is a limit to how much you can tax? Can we tax the rich at 100%? Can we tax the middle class at 75%? What is the limit of taxes? If there is a limit then how much revenue will that raise? Will that pay off some of our debt, half of our debt, all of our debt? Do you care if we ever pay off any of the debt?