Its Bad!

[Mega]

http://news.yahoo.com/s/ap/20091007/...budget_deficit
Mike

[Ghent12]

Re: Its Bad!

"I will cut the deficit in half by the time I leave office."

[goadam1]

Re: Its Bad!

http://news.yahoo.com/s/ap/20091007/...budget_deficit
Mike

Paul Krugman is super happy! His cat has no opinion.

[GRG55]

Re: Its Bad!

...White House Budget Director Peter Orzsag is overseeing the administration's efforts to tackle the soaring deficit next year.

"As part of the fiscal 2011 budget, we will be putting forward proposals that return us to a fiscally sustainable path and that have lower deficits in the out-years," Orszag said in a recent Associated Press interview...

I wonder if "out years" means when they are out of office...:rolleyes:

[ljaycox]

Re: Its Bad!

...White House Budget Director Peter Orzsag is overseeing the administration's efforts to tackle the soaring deficit next year.

"As part of the fiscal 2011 budget, we will be putting forward proposals that return us to a fiscally sustainable path and that have lower deficits in the out-years," Orszag said in a recent Associated Press interview...

I wonder if "out years" means when they are out of office...:rolleyes:

I think we should start a beeting pool on the size and composition of the tax increases proposed.

[flintlock]

Re: Its Bad!

I think we should start a beeting pool on the size and composition of the tax increases proposed.

Tax on "excessive" retirement accounts. Its coming.:mad:

[santafe2]

Re: Its Bad!

Tax on "excessive" retirement accounts. Its coming.:mad:

US tax rates are at historic lows. Paying taxes at today's rates, especially capital gains, will look very smart 5-10 years from now.

[Slimprofits]

Re: Its Bad!

I think we should start a beeting pool on the size and composition of the tax increases proposed.

I'll get in on that sweet action.

They (Democrats) won't raise income taxes rates if they want to get elected again in 2010 and 2012.

[santafe2]

Re: Its Bad!

I'll get in on that sweet action.

They (Democrats) won't raise income taxes rates if they want to get elected again in 2010 and 2012.

A lesson well learned in the US in 1992...read my lips.