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news
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balor123
Joined: 08 Mar 2008
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 Posted: Wed Apr 27, 2011 3:33 am GMT Post subject: |
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| Seems highly unlikely that this would happen right now. |
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admin
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| Posted: Wed Apr 27, 2011 12:49 pm GMT Post subject: |
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| balor123 wrote: | | Seems highly unlikely that this would happen right now. |
That's if you take our leaders' rhetoric at face value. I think that the debate several months ago when the Bush tax cuts were set to expire provides a good example of how committed they are to reducing the deficit. At the time, Democrats were saying "we can't afford to keep the Bush tax cuts", Republicans were saying "we can't afford to keep the same level of federal spending", and the two issues were being forcibly negotiated as a single deal. What was the compromise when we supposedly couldn't afford to do either? Do both! I've given up on trying to apply reason to what happens next in DC.
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balor123
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| Posted: Thu Apr 28, 2011 2:34 pm GMT Post subject: |
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| Yeah that didn't make any sense. If they really are committed to balancing the budget and there's going to be controversial large cuts, then this proposal seems like fodder to me for compromise. Renters aren't going to miss a deduction that they don't have today. |
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admin
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| Posted: Thu Apr 28, 2011 2:38 pm GMT Post subject: |
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Good point. You're probably right.
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CC
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| Posted: Fri Apr 29, 2011 10:43 pm GMT Post subject: |
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| I don't think so. The US government is broke. |
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admin
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| Posted: Sun May 01, 2011 3:35 pm GMT Post subject: |
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| CC wrote: | | I don't think so. The US government is broke. |
But that only guides their rhetoric, not their actual actions. They may drop this idea as part of a "compromise" and cite cost concerns in the process, but cost concerns are not a genuine priority when they haggle over nickles and dimes while not addressing where the large majority of the budget goes (military and entitlement spending).
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