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Vteckidd
07-09-2009, 11:55 AM
You know i really dont get it. We RUSHED through a $787 billion dollar stimulus bill that now in hindsight everyone is saying A) didnt do shit B) prob wont do shit C) wasnt really needed D) Members of congress admit they never even read the bill.

Now we want to pass a healthcare bill that will cost (According to the CBO) 1.2 TRILLION DOLLARS, on the low side over the next 10 years. But Obama and Biden are threatening congress. BIden says yesterday "Congress WILL have reform done by the end of august".

The way this administration is pushing or trying to push this legislation through at this pace is ridiculous. Have we not learned from Stimulus 1 that this just doesnt work?

Is healthcare reform needed? Sure. Is slapping a package together in 1 month and rushing it through congress the way to fix it? NO

Taxing the rich in a recession? the people that are already LAYING people off? Are you serious?







WASHINGTON – House Democrats working on President Barack Obama's goal of health legislation are narrowing in on an income tax surcharge on the highest-paid wage earners to help subsidize insurance for the 50 million people who lack it.

Pushing to complete a comprehensive health care overhaul plan by Friday and bring it up for committee votes next week, House Democrats abandoned earlier money-raising proposals, including a payroll tax. They met behind closed doors Thursday to fine-tune the details.

Rep. Henry Waxman, chairman of the House Energy and Commerce Committee, said he expected to have a draft bill on Friday.

"The leadership's doing meetings with lots of members to hear their concerns, talk it through. But legislation doesn't come together until we actually start working on specific amendments on specific language and that's what we'll do next week," said the California Democrat.

The action in the House stood in contrast to the Senate, where Democrats edged away from their goal of passing health care legislation by early August amid heightening partisan controversy over tax increases and a proposed new government role in providing insurance to consumers.

As discussed in the tax-writing House Ways and Means Committee, the surtax would apply to individuals with adjusted gross income of more than $200,000 and couples over $250,000, according to officials involved in the discussion. Most spoke on condition of anonymity because the talks were private.

Rep. Shelley Berkley, D-Nev., a member of the panel, said the panel is looking at a surtax around 3.5 percent.

In addition, key lawmakers are expected to call for a tax or fee equal to a percentage of a worker's salary on employers who do not offer health benefits.

Ways and Means Chairman Charles Rangel, D-N.Y., has said his committee needs to come up with $600 billion in new taxes to deliver on Obama's goal of sweeping changes to the nation's health care system to bring down costs and cover the 50 million uninsured. Hundreds of billions of dollars more would come from cuts to Medicare and Medicaid to pay for legislation expected to cost around $1 trillion over 10 years.

Top administration officials, including White House chief of staff Rahm Emanuel, conferred with Rangel's committee Democrats on Wednesday as they met throughout the day.

"They know what I'm thinking about and I have no reason to believe I'll have any problems with them on that part of the bill," Rangel said of the tax proposals.

Berkley said the proposed surtax on high-income taxpayers appealed to her and others as a way to avoid a "nickel-and-dime" approach involving numerous smaller tax increases.

Lawmakers cautioned that no final decisions have been made, either by the tax-writing committee or by the Democratic leadership, which hopes to have legislation that the House can vote on by month's end.

Smaller tax options remained possibilities, depending on the overall cost of the legislation, including a tax on sugared soft drinks and ending a tax break that drug companies receive for advertising.

In the Senate, New York Democrat Chuck Schumer told The Associated Press that he believes the "ultimate goal" is to have a bill by the end of the year that is signed into law by the president.

Separately, Republicans who met with Senate Majority Leader Harry Reid, D-Nev., said he expressed flexibility on the timetable, indicating that he was willing to allow more time before legislation is brought to the floor.

Failure to meet the August goal would be a setback — but not necessarily a fatal one — for Obama's attempt to achieve comprehensive health care legislation this year. A group of Democratic and Republican senators led by Finance Committee Chairman Max Baucus, D-Mont., is still trying to work out a bipartisan deal.

The White House expressed its support Wednesday for the emerging House legislation.

Spectic Tank
07-09-2009, 01:32 PM
Any money the Government spends trying to stimulate the economy is a waste. Just throwing more water onto a sinking ship.

The economy needs to adjust and that means a different standard of living for a lot of people. I think when we stop trying to stimulate a failing economy and let it regulate itself, then we'll be on to something.

That's just my opinion, and I'm definately no expert.

btstone
07-09-2009, 02:06 PM
this is called a democratic government. such a waste

btstone
07-09-2009, 02:08 PM
Any money the Government spends trying to stimulate the economy is a waste. Just throwing more water onto a sinking ship.

The economy needs to adjust and that means a different standard of living for a lot of people. I think when we stop trying to stimulate a failing economy and let it regulate itself, then we'll be on to something.

That's just my opinion, and I'm definately no expert.

exactly. if your ass cant afford a 500K house, dont try to get some crazy interest only loan so you can live in it for 5 years. just stupid. ppl need to stop trying to buy BMWs on Kia salaries

BanginJimmy
07-09-2009, 06:12 PM
This is what I heard called the rubber band effect. We stretched the economy to its breaking point, now its snapping back. It will draw back further than it should before it bounces back to where it really should be. No amount of "stimulus" can do anything to compensate for that. It just needs time to rebound then I can see a short, but very dramatic, climb.


BTW, dems dont have a clue what to do. Biden says they "guessed wrong" on the economy. So what he really said was that they made a 787B gamble and crapped out.

mm2654
07-15-2009, 01:55 PM
What I don't understand is why are they rushing everything through, didn't they learn in the Clinton administration that America doesn't like the government to expand so quickly. I guess the silver lining is that if they keep doing what they are doing it is likely to another republican revolution, just like it did in 94.

BanginJimmy
07-15-2009, 06:40 PM
They are pushing everything through quickly because Obama's support is starting to fall. If it falls too far congress wont be nearly as quick to follow him.

eraser4g63
07-15-2009, 09:06 PM
How about the 2nd Stimulus package They wanna put through. Here is a novel idea Cut Taxes and that will give the public more to spend, or even better no more taxes and go to a fair tax setup.

Ehron
07-21-2009, 11:44 AM
Have we not learned from Stimulus 1 that this just doesnt work?

Frankly, we haven't had time to learn from Stimulus 1. The majority of the money we borrowed to fund it won't be spent until late 2009-2010.

NevrNufTorq
07-21-2009, 12:26 PM
Frankly, we haven't had time to learn from Stimulus 1. The majority of the money we borrowed to fund it won't be spent until late 2009-2010.
so sad, even biden admitted it didnt work and you're still holding onto an unfailed dream....how many potholes you hit on the way to work today??? gov't cant even fix a road that all they do is contract it for someone else to fix and pay them and they cant do that. :2cents:

Vteckidd
07-21-2009, 01:05 PM
Frankly, we haven't had time to learn from Stimulus 1. The majority of the money we borrowed to fund it won't be spent until late 2009-2010.
Then Obama lied. It was a stimulus. Remember he said if we didn't spend money now unemployment would surpass 8% lol it's currently 9.6%

what good is a stimulus when it takes 1-2 years to take effect? The stimulus did nothing and it was a lie. It was payoffs plain and simple.

Andyc3020
07-21-2009, 04:17 PM
"To contract new debts is not the way to pay old ones."
- GEORGE WASHINGTON, 1779 .

LordZed
07-21-2009, 04:27 PM
Nooooooo shit! Well, people voted for change...they got it!

I think it's a mad dash to push as much socialist crap through in the four years they are there that they can. I just hope to God in heaven that the conservatives get someone good to run next time. I'd even vote for our next president to just be video clips of Regan spliced together to answer any question or solve any problem we currently have. I bet he's said enough great things to do that easy. Video Regan in 2012!!!

cb7
07-21-2009, 04:34 PM
they should have let men and women have no taxes withheld from their paychecks for the first half of the year, then for the second half, they should have implamited the FairTax from there on out. that sounds more like a real stimulus to me.

preferredduck
07-21-2009, 06:48 PM
Change, that's all you will have in your pocket when obama is done!!!

eraser4g63
07-21-2009, 08:01 PM
I say we all vote Libertarian! The government can keep its hands out of my money, out of my health,out of my life.

Andyc3020
07-21-2009, 08:59 PM
if i wanted to see a black guy asking for change, i'd go down town atl.

eraser4g63
07-21-2009, 09:08 PM
if i wanted to see a black guy asking for change, i'd go down town atl.
I think it is funny that he was preaching change but it has been the same daily grind as before. The only difference is now they have turned the president into a celebrity instead of a politician.