Obama Vows Veto if Deficit Plan Has No Tax Increases

  • Print

    The Alex Jones Channel
    Alex Jones Show podcast
    Prison Planet TV
    Infowars.com Twitter
    Alex Jones' Facebook
    Infowars store

HELENE COOPER
NY Times
sept 19, 2011

WASHINGTON — President Obama called on Monday for Congress to adopt his “balanced” plan combining entitlement cuts, tax increases and war savings to reduce the federal deficit by more than $3 trillion over the next 10 years, and said he would veto any approach that relied solely on spending reductions to address the fiscal shortfall.

“I will not support any plan that puts all the burden for closing our deficit on ordinary Americans,” he said. “And I will veto any bill that changes benefits for those who rely onMedicare but does not raise serious revenues by asking the wealthiest Americans and biggest corporations to pay their fair share.

“We are not going to have a one-sided deal that hurts the folks who are most vulnerable,” he continued.

His plan, presented in a speech in the Rose Garden of the White House, is the administration’s latest move in the long-running power struggle over deficit reduction. It comes as a joint House-Senate committee begins work in earnest to spell out, at the least, a more modest savings plan that Congress could approve by the end of the year in keeping with the debt deal reached this summer. If a deal is not enacted by Dec. 23, draconian automatic cuts could take effect a year later across government agencies.

Full article here


Print
Print this page.

Comment Rules


39 Responses to “Obama Vows Veto if Deficit Plan Has No Tax Increases”

  1. I don’t know one person who supports Obama. Is there anyone who isn’t on the intelligence payroll, who actually plans on voting for this clown?

    leskat Reply:
    September 19th, 2011 at 9:10 am

    I’m not voting for him !

    ConcernedSenior Reply:
    September 19th, 2011 at 9:20 am

    Didn’t vote for him last time, will never vote for communists like him.

    Startover Reply:
    September 19th, 2011 at 9:27 am

    I’m voting to have him deported

    poirierjane Reply:
    September 19th, 2011 at 12:03 pm

    I support taxing the very wealthy in the fairness that we are taxed.

    Startover Reply:
    September 19th, 2011 at 12:39 pm

    I support no income tax, no property tax, no imported products
    Sales tax only

    This will “fairly” force our money to stay inside the US
    And politicians will be forced to encourage US jobs

    ConcernedSenior Reply:
    September 19th, 2011 at 1:19 pm

    I agree. However, the wealthy have accountants that figure out how to avoid taxes, NO MATTER what the tax rate is, as do corporations. The US has one of the highest corporate tax rates in the world, YET GE paid NO US income tax last year, even though they made 15 billion dollars. As we all know, GE was the largest donor to Osambo, so there is no reason to expect them to pay any tax in the future, even if they raise the tax rate to 100%. Osambo knows this, and that is why his suggestion to raise the tax rate on the wealthy is MEANINGLESS. It’s all a shell game.

  2. Warren Buffet Bill Gates and mayor Bloomberg have billions they want to give to Obomber.
    Pass a law making it legal for them to do it.

  3. Hey, Osambo, what about GE? Your main donor PAID NO INCOME TAXES, even though there was a corporate tax rate for them. Raising the rate, when they can AVOID taxes altogether is MEANINGLESS, but of course, it makes good press, and you can try to lie to the American people and say you raised taxes.
    F*** OSambo.

    jeffydiver Reply:
    September 19th, 2011 at 9:54 am

    I don’t think Odumbo knows anything about economics, plain and simple. What did he really do when he was organizing communities…..too riot ?

    poirierjane Reply:
    September 19th, 2011 at 12:05 pm

    So you feel the rich don’t need to pay taxes? You must be a Millionaire. When are the middle class and the poor going to speak up for fair tax? I pay 23%, yet the rich pay !0% to 15%.
    If you think this is okay you’re either misinformed or an idiot.

    ConcernedSenior Reply:
    September 19th, 2011 at 1:22 pm

    Actually, you are the idiot. You don’t seem to be able to read a paragraph, and grasp the meaning of it. NOWHERE did I say the rich shouldn’t pay more. What I said was raising the rate won’t DO THAT. They need to ELIMINATE the LOOPHOLES.

    Glen Reply:
    September 19th, 2011 at 1:33 pm

    And definitely keep it QUIET that income tax is only required on money earned from OUTSIDE THE USA.

    Can’t let the proles know the law.

  4. Lets get the 50% of Americans who pay no taxes(Obama voters) to get some skin in the game by requiring all Americans to pay taxes, say start at 10%……

    Turtlemother Reply:
    September 19th, 2011 at 11:23 am

    this is a ridiculous uninformed comment….most Obama supporters are tax payers… in Calif. even if you are on welfare you pay taxes, ie ., sales tax, and in some case, state tax. Alex is a brilliant man; he must despair when and if he reads these half-educated incendiary comments that help no one, and are not a discussion but a little spitting forum for tea-partiers and other persons of limited mind. And here I am , doing my part to add to the nonsense spewed out here.

    poirierjane Reply:
    September 19th, 2011 at 12:06 pm

    right on

    Glen Reply:
    September 19th, 2011 at 1:34 pm

    Moron, Get a clue.

    Taxation Without representation IDIOT.

  5. Why not make a special tax on corporations that pay little or no tax?

    Oh that’s right Obama, they own you.

    poirierjane Reply:
    September 19th, 2011 at 12:07 pm

    hello did you listen to his speech? He is proposing no more loopholes that afford corporations to get away without paying taxes

    ConcernedSenior Reply:
    September 19th, 2011 at 1:44 pm

    Why listen to his speech? He lies like a rug. You can’t believe a word he says. The creep is a f***ing liar.

    reconscoutsniper Reply:
    September 19th, 2011 at 2:07 pm

    poirierjane …any relation to Hanoi Jane?

    You wrote;”
    hello did you listen to his speech? He is proposing no more loopholes that afford corporations to get away without paying taxes
    ——————————————————————————–

    And, you believed that coming from the mouth of the ultimate liar?!!!!! SHIT!!!!!!!!!!

    LMAO!!!!!!!!!!!!!!!!!!!

    Who’s the fool NOW? “He said” this, and “He said” that, and “he said” blah blah blah. Just how many levels of stupidity are there if there are any levels at all? You would rate at the very bottom.

    No doubt.

    We heard that some one out there still believed what the liar and coward has said. Now, we know that it is you! Congratulations, “FOOL”. Just how damn dumb are you? LOL!!!!!!

    Shit!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!! Just how far has stupidity come? DUH!!!!! Ask poirierjane. Must be a buddy to HH911Hoax, Huggles, damagebrain and a few other shit for brains cocksuckers.

    “Obama said it…so, it must be true”!! Motherfucker!! How fucking stupid is that?

    If I took your brains and stuffed them up the ass of an ant, they would rattle around like a ping pong ball in a bass fiddle. You are one ignorant motherfucker. Thank God, I’m not you.

    Any one that believes what the liar in chief says deserves what they get. Whats that recon?

    “Nothing”! Theres your fucking hope and change. Only dullards of the highest degree of stupidity, would believe a single word coming from that liars mouth.

    You truly are one stupid son of a bitch. Good luck ….dummy. You’ll need it. LMAO!!!!!!!!!!!

    Keep it up dip shit. You are funnier than hell!! LMAO. Who knows, in time you might even replace HH911Hoax. LMAO!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!

    R. Paul 2012

    Bravo2……..out

  6. Just remember, 1/20/12 will be the end of a long error !

    Bacchus Reply:
    September 19th, 2011 at 10:01 am

    And the beginning of a new one.

    reconscoutsniper Reply:
    September 19th, 2011 at 2:14 pm

    Bacchus Reply:
    September 19th, 2011 at 10:01 am
    And the beginning of a new one.
    —————————————

    Only if you are still around. Shove it, asshole.

    R. Paul 2012

    Bravo2……..out

    mpennery Reply:
    September 19th, 2011 at 11:43 am

    You mean 1/20/13?
    Or you gonna personally set things right a year early? 😉

    poirierjane Reply:
    September 19th, 2011 at 12:08 pm

    HA HA!! RIGHT – SOME OF THESE COMMENTS ARE IGNORANT

    reconscoutsniper Reply:
    September 19th, 2011 at 2:09 pm

    poirierjane Reply:
    September 19th, 2011 at 12:08 pm
    HA HA!! RIGHT – SOME OF THESE COMMENTS ARE IGNORANT
    ————————

    You should know…….you’re the one making them.

    R. Paul 2012

    Bravo2………out

  7. The Kenyan born, imposter, fascist and George Soros pocket puppet has lost it. He has gone rogue.
    Time for the Top of the Pyramid boys to send in a cleaner.

    Odds are this stooge will be called in before Christmas. The new Bilderberg stooge will be Romney the money worshiper and whore monger. Perry has dislexia just like Bush Jr which makes in a desirable candidate selection by the Bilderberg Group. What is that?? You don’t believe Perry is a dislexic.
    Check it out stupid.

    poirierjane Reply:
    September 19th, 2011 at 12:09 pm

    The Puppet for the Buildergers is Perry, he has met with them for a while now, but they may have all the candidates in their grip. That’s why the Ron Paul vote is VERY important

    reconscoutsniper Reply:
    September 19th, 2011 at 2:12 pm

    Yeah………dumb ass……we know….long before you showed up at PP. Preach us all another sermon.

    Enlighten us with your brand of “new aged communism”. I read your horseshit. You wont “blend in” here. One of your first posts gave you away. You are a leftist. Go back to mediamatters from whence you came.

    You are one sick motherfucker.

    R. Paul 2012

    Bravo2…out

    MARK OF THE BEAST Reply:
    September 19th, 2011 at 2:13 pm

    Perry is a Bilderberg puppet too. Know this sooner or later and get back to me.

    MARK OF THE BEAST Reply:
    September 19th, 2011 at 2:15 pm

    Ron Paul will never get the nomination resulting in more civil unrest which is just what the NWO thrives on.

    HE RISES FROM THE EVER CHURNING TIDES ON EITHER SHORE
    TURNING MAN AGAINST HIS BROTHER TILL MAN EXISTS NO MORE.

  8. the voting machines are rigged

    Glen Reply:
    September 19th, 2011 at 1:37 pm

    And nobody will do anything.

    Yes you get a vote, Here tick this piece of TOILET PAPER and then FLUSH.

  9. Its getting pretty, very, ridiculous here….are some of you guys jealous because he has a better tan than you?
    The idea to let the richest people of this country pay their share is absolutely correct! And close the loopholes on top of it! Just that the headline misleads very much, it simply says tax increase and seems to look like an increase for everybody.

    Although everybody pays anyway for the mess the richest people created, in gas, food, whatever….so who is against this is either a millionaire or just plain hateful against everything that comes from the guy, for whatever reason! Which equals pretty much stupidity. Because even a kaput watch gives you twice a day the correct time!
    And I do not like him, but if he also tries to install a financial transaction fee of 0.03% like the EU countries plan, I may reconsider. Because this fee would solve all the probs at once and end at least some of the gambling with a nations economy, just that his wallstreet buddies would run crazy about the fee.

    So for that he would REALLY need some balls…which he does not have!

    reconscoutsniper Reply:
    September 19th, 2011 at 2:24 pm

    julian2209

    You wrote; ” Because even a kaput watch gives you twice a day the correct time!
    —————————————————————–

    You wrote that to justify your point. of view.

    Without a correct running watch to reference to, how do you know when those two “correct times” are coming?

    You dont. Your logic is flawed. Those “two correct” times will pass and you wont even know it.

    Thats what is often referred to as, “bullshit”. Your post is disappointing. Then again, you have claimed to be “ready” before……right? Perhaps that broken useless watch will be able to help you escape when the “TIME” comes. Yeah, I can see it now.

    Good luck with your “reasoning”. You’ll need it. Why? Because you have repeatedly demonstrated the lack of any real useful skills or common sense.

    “Oh, uh….got the correct time”? I doubt it.

    Bravo2…….out

  10. The tax rates should be even– the upper five percent shouldn’t be paying 13-17% taxes while the middle class pay 30% in income taxes alone (over 40% if you include Social Security and consumption taxes).

  11. That increases during depression, Hello Hoover. We ned a fiar tax, lower the rate and get rid of deductions. When people say the rich are playing less the 20% its misleading, what happens is capitol gains is double taxation First you pay you rate on your income 25% 35% minus deductions etc., and then you invest some money and now the gain on that money is taxes at 15%. So you already paid tax on that money and then you pay a second time. OK so if you want to have capitol gains taxed the same is to income lower the rate, 15% no deductions for all income. This would be fair and we would collect more revenue and it would help the economy. BYW Obama knows what he is doing, this plan is nothing but a political ploy, to fire up his base, it won’t pass and he will try and blame republicans for the economy “now let me be clear”, if they did my plan, We would be much better off, instead they coddle the rich. I can hear it now. Its all bullshit. The rich can move there money off shore, they can invest on zero interests bonds, They can put there money in trusts (charitable trusts) which they control. They can do al three. On the last one you can choose your income and have the trusts buy everything for you, your home, car, boat etc.,

  12. Rich Americans own 55 trillion dollars of total household wealth, it was made off the backs of hard workers. A redistribution of that wealth would allow every worker to retire with 50 thousand a year for life. In kindness to the formely rich, each of them would be allowed to keep a million dollars of their spoils.

Leave a Reply

You must be logged in to post a comment.

You can skip to the end and leave a response. Pinging is currently not allowed.

Leave a Reply

Powered by WordPress | Designed by: Premium WordPress Themes | Thanks to Themes Gallery, Bromoney and Wordpress Themes