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The sequester showdown isn't really about spending cuts

124nic8 23,142 462 February 28, 2013 at 01:03 PM
The sequester showdown isn't really about spending cuts [theweek.com]

Quote :
Despite the rhetoric about how damaging the automatic spending cuts mandated to take effect on March 1 will be, the debate on Capitol Hill isn't really about spending cuts at all.

In fact, President Obama has already proposed more spending cuts that the sequester would guarantee — including to Social Security and Medicare programs — if the Republicans would just agree to close certain "tax loopholes."

Why wouldn't Republicans want greater spending cuts in return for additional revenue?

It's because the sequester fight is about protecting current low tax rates on capital gains and dividends and keeping open the carried interest loophole that hedge fund and private equity managers use to reduce their own tax burden.
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#31
Quote from 124nic8 View Post :
Except that Obama has proposed alternatives which include closing the carried interest as cap gains loophole, which is what this poll is about.
WRONG.

Not once did he present an actual budget to Congress that his own party would support.

Not once did he send a bill to Congress to substitute for the sequester.

Rather, his staff planned campaign rallies these last several months to lie to us, first, about the GOP being responsible for the sequester, and then assuring us he would veto any substitute for it, and then talking about what he thought we should without actually sending proposed legislation.

He is a liar. It is that simple. And you're now defending the indefensible.

Campaign-style speeches, SOTU speeches...it's all rhetoric. I can't believe you're so blind to this.
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#32
Quote from jonsmith74 View Post :
WRONG.

Not once did he present an actual budget to Congress that his own party would support.

Not once did he send a bill to Congress to substitute for the sequester.

Rather, his staff planned campaign rallies these last several months to lie to us, first, about the GOP being responsible for the sequester, and then assuring us he would veto any substitute for it, and then talking about what he thought we should without actually sending proposed legislation.

He is a liar. It is that simple. And you're now defending the indefensible.

Campaign-style speeches, SOTU speeches...it's all rhetoric. I can't believe you're so blind to this.
I can't believe that you think I'd accept your characterizations as truth.
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#33
Quote from 124nic8 View Post :
I can't believe that you think I'd accept your characterizations as truth.
My characterizations? LMAO!

I am observing facts.

Are you really going to argue that Obama's budgets were not overwhelmingly rejected not just by Republicans, but also the Democrats? Are you sure?

Are you going to argue that Obama actually sent a substitute budget to Congress to replace the sequester? Are you sure?

Are you going to argue that the GOP House did not present and pass two specific budgets the replace the sequester? Are you sure?

Your boy proposed the sequester, then lied about it multiple times.

Your boy declared that he'd veto any effort to replace it. And ain't that interesting given the gloom-and-doom tour he's been on this week?

Your boy said this was the Republican's fault.

This is the picture of intellectual dishonesty...
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#34
Quote from jonsmith74 View Post :
My characterizations? LMAO!

I am observing facts.

Are you really going to argue that Obama's budgets were not overwhelmingly rejected not just by Republicans, but also the Democrats? Are you sure?

Are you going to argue that Obama actually sent a substitute budget to Congress to replace the sequester? Are you sure?

Are you going to argue that the GOP House did not present and pass two specific budgets the replace the sequester? Are you sure?

Your boy proposed the sequester, then lied about it multiple times.

Your boy declared that he'd veto any effort to replace it. And ain't that interesting given the gloom-and-doom tour he's been on this week?

Your boy said this was the Republican's fault.

This is the picture of intellectual dishonesty...
Even if this is true, none of this means Obama did not make a proposal in negotiations to cut entitlements in exchange for closing some tax loopholes.

Obama does not control what is passed by the Senate as you pointed out.
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#35
Quote from 124nic8 View Post :
Even if this is true, none of this means Obama did not make a proposal in negotiations to cut entitlements in exchange for closing some tax loopholes.

Obama does not control what is passed by the Senate as you pointed out.
LMAO - so this is what you left with...sniffling about a "proposal" that would affect hardly anything at all regarding the sequester? Oh my...you're hysterical.

Great, so he made a single proposal...why didn't he submit a bill? Why didn't he get Harry Reid to bring a bill to the floor?

Nonetheless, the point is not that he made a proposal in negotiations. The point is that he is a LIAR. He wanted the sequester, he threatened to veto anything that would replace it, and then proceeded to condemn Republicans for doom and gloom that won;t even happen.

And you condone this...you happily defend him.

This is unbelievable...
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#36
Mind Control all around us!

The end is justifying the means as presently the budget cuts are being accomplished.

Prep for the worst; minimize now, save and stock up.
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#37
I see 124nic8 was completely run out of this thread...
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