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 $3.6 Trillion Dollar Budget

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The Other One
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Number of posts : 3675
Registration date : 2008-03-25

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PostSubject: $3.6 Trillion Dollar Budget   $3.6 Trillion Dollar Budget Icon_minitimeThu Feb 26, 2009 5:44 pm

BO sent his budget proposal to Congress this week and it includes a huge reserve fund of $634 billion for universal health care. We haven't even had the debate yet! How is BO planning on paying for this and everything else in this massive cluster fuck of a budget?

By taxing the wealthiest 2%.

Even if he put a 100% tax on the wealthiest 2% in this country, would it pay for this plan?

The Democrats tried to demonize Ronald Reagan for budget deficits in the 1980s. Of course, that didn't stop them from adding to the deficit with their own spending in the final budgets. Even so, Reagan's largest budget deficit was 6% of GDP. This is BO's FIRST budget and it's at 12.3% of GDP. And Congress hasn't even finished screwing with it.

It's only going to get worse...
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PostSubject: Re: $3.6 Trillion Dollar Budget   $3.6 Trillion Dollar Budget Icon_minitimeThu Feb 26, 2009 5:54 pm

$3,600,000,000,000.00?
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The Other One
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PostSubject: Re: $3.6 Trillion Dollar Budget   $3.6 Trillion Dollar Budget Icon_minitimeThu Feb 26, 2009 6:01 pm

mikecc wrote:
$3,600,000,000,000.00?

I didn't stutter.
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PostSubject: Re: $3.6 Trillion Dollar Budget   $3.6 Trillion Dollar Budget Icon_minitimeThu Feb 26, 2009 6:48 pm

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The Other One
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PostSubject: Re: $3.6 Trillion Dollar Budget   $3.6 Trillion Dollar Budget Icon_minitimeFri Feb 27, 2009 9:26 am

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PostSubject: Re: $3.6 Trillion Dollar Budget   $3.6 Trillion Dollar Budget Icon_minitimeFri Feb 27, 2009 9:43 am

What is a "deficit"
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The Other One
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Number of posts : 3675
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PostSubject: Re: $3.6 Trillion Dollar Budget   $3.6 Trillion Dollar Budget Icon_minitimeFri Feb 27, 2009 4:33 pm

mikecc wrote:
What is a "deficit"

Guess that depends on what the definition of "is" is.
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