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Republicans Walk Away from $4 Trillion in Spending
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Box A Rox
July 11, 2011, 9:01am Report to Moderator

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Six months ago, how many Republicans would have believed:
1) that the Obama White House would have backed a plan to reduce the deficit by $4 trillion over the next 10 years;
2) that the president would agree to link the debt limit to spending cuts; and
3) that Obama would put Medicare and Social Security on the table?

The Republicans would never get that senario under a Republican president, unless he had a filibuster-proof majority in the Senate. But Republicans walked away from the deal, because they wouldn’t give up the one thing that Democrats were asking for in return: any increases in tax hikes for the rich


The modern conservative is engaged in one of man's oldest exercises in moral
philosophy; that is, the search for a superior moral justification for selfishness.

John Kenneth Galbraith

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CICERO
July 11, 2011, 9:11am Report to Moderator

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The title of your thread is misleading.  It is not a $4 trillion cut in spending.  It is a $4 million dollar deficit reduction with some small cuts in spending, and increasing taxes.  The Democrats don't want to shrink government, they want to find another way to fund it.

This whole thing is just a show.  


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