DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Obama-Boehner talks collapse, House Republicans say

**gastabegree** · 07-26-2011, 07:48 AM

That's not the point. They're talking about this as a default. I take that as them saying there isn't enough money to float the bond interest payments. That's appears to be patently false.

Also, the Bush tax cuts were only to the general treasury revenues. All the major entitlements have their own revenue streams, except they're all running deficits. May the need to be cut to fit their dedicated revenues. Really nothing is going to happen unless the Republicans put the Dems feet to the fire on entitlements, and that's exactly what their doing.

yeah, it is all the administrations fault for not wanting to make substantive cuts in the budget. Really, you've got to be kidding me. Let's put this another way... this is all the fault of the tea party terrorists for not wanting to substantially increases tax revenues by repealing a Bush tax cut that contributed to our being in this position in the first case.

and btw,just who determines what other disbursements get cut?

07-26-2011, 07:48 AM	#9
gastabegree Join Date Oct 2005 Posts 503 Senior Member	That's not the point. They're talking about this as a default. I take that as them saying there isn't enough money to float the bond interest payments. That's appears to be patently false. Also, the Bush tax cuts were only to the general treasury revenues. All the major entitlements have their own revenue streams, except they're all running deficits. May the need to be cut to fit their dedicated revenues. Really nothing is going to happen unless the Republicans put the Dems feet to the fire on entitlements, and that's exactly what their doing. yeah, it is all the administrations fault for not wanting to make substantive cuts in the budget. Really, you've got to be kidding me. Let's put this another way... this is all the fault of the tea party terrorists for not wanting to substantially increases tax revenues by repealing a Bush tax cut that contributed to our being in this position in the first case. and btw,just who determines what other disbursements get cut?
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