Okay so let me see if I understand this. The Repubs' budget consists of the following: increase defense spending, fuck everything else; increase taxes for the poor, lower them for the rich; stop global warming through drilling; provide more oil as insentive to find alternate energy sources; save world.The Wallstreet Journal wrote:"Republicans have proposed a better budget solution that curbs spending, creates jobs, cuts taxes, and controls the debt," House Minority Leader John Boehner, R-Ohio, said Wednesday.
The Republican plan would increase funding for national defense and veterans' benefits, but for all other arms of the federal government, spending would be halted at its current level until fiscal year 2014.
The minority said it would begin addressing longer term fiscal imbalances by introducing modest reforms to the Social Security, Medicare and Medicaid programs, which combined account for a large share of federal spending.
The GOP proposal forecasts a budget deficit of $1.7 trillion in the current fiscal year, which ends Sept. 30, down from the $1.8 trillion the non-partisan Congressional Budget Office projected from President Barack Obama's budget.
The GOP budget proposal would permanently extend the tax cuts for businesses and the wealthy introduced by the Bush administration in 2001 and 2003 which are set to expire over the next two years. The corporate tax rate would be lowered to 25% from its current 35% rate, while individuals would be given the option of participating in a simplified federal tax system with only two rate brackets.
The Republicans would reject the cap-and-trade system aimed at combat ting global warming which is a central plank of Obama's domestic agenda. Instead they would open up more areas for domestic exploration and production of energy and use the anticipated increased government revenues to pay for funding for
alternative energy sources.
It doesn't say it in that article, but their brilliant idea for tax brackets is thus: if you make under $50000 a year, you are in the 10% bracket; if youmake over that you are in the 25% bracket. It's so simple! How come no one's thought of this befoooore
Look, I respect that you need to look like you are doing something, anything, so that you can serve your natural purpose of whining impudently about how the evil nasty Democrats are keeping you down. But try making those alternatives, like, actually look attractive? Or if you can't do that, try not to let your leader up and lie blatantly about it? You stupid assholes lost in November because you kept acting like Bush. All you did last cycle was lock together and refuse to support anything that the new guy brought to the table because you couldn't stand the loss. After gridlocking the whole proceeding without any better ideas you worthless shitbags do not get to talk anymore. I know that there is no way this budget will ever be passed but it's interesting to me to see how little they have learned.