BrainKing - Discussion boards (Politics)

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Politics

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8. August 2011, 13:49:41

Mort

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"It appears that for now, new revenues have dropped down on the menu of policy options... Compared with previous projections, our revised base case scenario now assumes that the 2001 and 2003 tax cuts, due to expire by the end of 2012, remain in place. We have changed our assumption on this because the majority of Republicans in Congress continue to resist any measure that would raise revenues."

I guess Conservative memories in the US (and elsewhere) are very short.

8. August 2011, 18:01:10

Papa Zoom

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Subject: Re:

(V): The US, like other countries, doens't have a revenu problem. they have a spending problem. They need to get that through their thick heads. Both parties.