Results 1 to 10 of 11
Thread Information
Users Browsing this Thread
There are currently 1 users browsing this thread. (0 members and 1 guests)
Hybrid View
-
07-15-2011, 08:39 PM #1
10 Things the GOP Doesn't Want You to Know About the Debt
10 Things the GOP Doesn't Want You to Know About the Debt
Perspectives
Just two weeks after he seconded Treasury Secretary Tim Geithner's dire warnings about the August 2 deadline to raise the U.S debt ceiling, House Majority Leader Eric Cantor walked out of the budget talks aimed at reaching a bipartisan compromise over deficit reduction. Like Arizona GOP Senator Jon Kyl, Cantor shifted the burden to Speaker John Boehner, Senate Minority Mitch McConnell and President Obama to "get over this impasse on taxes."
For his part, McConnell promised that no deal to end the GOP's hostage taking of the U.S. economy will include tax hikes. But while McConnell boasted that "If they couldn't raise taxes when they owned the government, you know they can't get it done now," left unsaid was the inconvenient truth that the nation's mounting debt is largely attributable to wars, a recession and tax policies put in place under his party's watch.
Here, then, are 10 things the GOP doesn't want you to know about the debt:
1. Republican Leaders Agree U.S. Default Would Be a "Financial Disaster"
2. Ronald Reagan Tripled the National Debt
3. George W. Bush Doubled the National Debt
4. Republicans Voted Seven Times to Raise Debt Ceiling for President Bush
5. Federal Taxes Are Now at a 60 Year Low
6. Bush Tax Cuts Didn't Pay for Themselves or Spur "Job Creators"
7. Ryan Budget Delivers Another Tax Cut Windfall for Wealthy
8. Ryan Budget Will Require Raising Debt Ceiling - Repeatedly
9. Tax Cuts Drive the Next Decade of Debt
10. $3 Trillion Tab for Unfunded Wars Remains Unpaid
Rest of articles and links are at source: http://www.perrspectives.com/blog/archives/002215.htmJoin our FIGHT AGAINST illegal immigration & to secure US borders by joining our E-mail Alerts at http://eepurl.com/cktGTn
DHS says 'privacy' of migrants on terrorist watchlist is greater...
05-17-2024, 09:42 PM in illegal immigration News Stories & Reports