That would be a big win for the Democrats, by splitting the conservative vote.
Definitely, they'd have to form a coalition any time they wanted to get things done, which is a bit more complicated than getting a party to fall in line.
Of course, that's just wishful thinking. We're still a long way from that happening.
they're moronsI can't believe how worried I was this time last year about a full Republican takeover.
I didn't take into account the incompetence clause.
I mean taxes, the this g they salivate over year after year, and they can't figure this shit out?
I don't even know what to say
I can't believe how worried I was this time last year about a full Republican takeover.
I didn't take into account the incompetence clause.
I mean taxes, the this g they salivate over year after year, and they can't figure this shit out?
I don't even know what to say
So what happens if there is no tax plan this week? Do we have until next week? When is the deadline?
technically, there is a hard deadline of next Sept 30th.There isn't any hard deadline. It is quite probable that the final bill will end up being delayed into spring of next year whether they get the draft out tomorrow or not.
Lol when he's not posting I imagine him in the meeting room looking at his phone charging while everyone talks
That's what I'm kinda worried about. A part of the reason stocks have been doing well lately is because of hope over the tax bill going through. There could be a big correction if they don't. It would be really inconvenient for me.I'm still very worried that the cuts will pass, but if they don't, the ramifications on Wall Street will be the end of this administration.
Lol when he's not posting I imagine him in the meeting room looking at his phone charging while everyone talks
That's what I'm kinda worried about. A part of the reason stocks have been doing well lately is because of hope over the tax bill going through. There could be a big correction if they don't. It would be really inconvenient for me.
How can they not get anything done? They own this Presidency and its a complete debacle....
Lol, they won't remotely face their own consequences. I hope they do both personally and by their constituents, but I'm not holding my breath.They actually have to face the consequences of their actions now, no more fantasy votes that don't mean anything.
Lol, they won't remotely face their own consequences. I hope they do both personally and by their constituents, but I'm not holding my breath.
Wait, what, this quote was actually on Fox? This has to be a joke, right?Where's that CNN picture with the ticker quote of Trump saying something like "Eventually, we'll get something done"?
That's my favorite picture of the year I think
Edit: Oh fuck me it's Fox News that's even better
Can someone explain why we are cutting taxes when we don't even have enough taxes at the current levels to fund all of the expenditures?
This happened to the Dems under Carter as well. It's what happens when you have a fractured caucus and a leader who's completely out of sync with the party.How can they not get anything done? They own this Presidency and its a complete debacle....
Meanwhile, in Capitol Hill:
Can someone explain why we are cutting taxes when we don't even have enough taxes at the current levels to fund all of the expenditures?
Wouldn't be far simpler and more accurate to state that the Republicans only care about deficits when they aren't the ones in power?There are a few schools of thought on this.
1. "Supply-side economics", the idea that cutting taxes will lead to economic growth, and that the higher GDP will result in a larger tax base, making up for lower rates.
2. "Starve the beast", the idea that cutting taxes leads to eventual spending cuts, even if it causes higher deficits in the short term.
3. Good old-fashioned short-sighted self-interest.
*4 trillionPass budget resolution only allowing for $1.5 trillion in deficit spending over 10 years
Write a plan with $5.5 trillion in tax cuts.
Try to make up $4 million in tax revenues from other sources in the course of a week.
Modern GOP, everyone.
I can't believe how worried I was this time last year about a full Republican takeover.
I didn't take into account the incompetence clause.
I mean taxes, the this g they salivate over year after year, and they can't figure this shit out?
I don't even know what to say
My question is how in the fuck are they going to get this in under budgetary reconciliation? The plan was always to gut healthcare and use that to pay for the tax cuts. Without that, there's no way it will be net negative on the budget surplus (unless it increases middle income taxes which is a death spell for the bill).
The original Bush tax cuts created 1.5 trillion in deficit spending over ten years (not counting the unfunded wars that began afterwards) and then added an additional 3 trillion over ten years when Obama chose to extend them in 2010. With this proposed cut that would be 10 trillion dollars of revenue lost, mostly back into the pockets of the super wealthy, spread over a quarter century. How is this nation supposed to function with that much debt and inequity?
Like I said, it's my favorite picture of the year. It's just too perfect to be real but it is.Wait, what, this quote was actually on Fox? This has to be a joke, right?
So we'll see what happens. There's some other things going on right now as we speak, but I am disappointed because, for so many years, I've been hearing repeal and replace. I'm sitting in the Oval Office, right next door, pen in hand, waiting to sign something, and I'll be waiting. And eventually we're going to get something done, and it's going to be very good.
I have good news! Our president told us that we can always pay off the debt, because we can just print the money!!
http://money.cnn.com/2016/05/11/news/economy/donald-trump-print-money/index.html
....He is either breathtakingly stupid, or just assumes that his voters are....or both.
It's both.