Aug 08, 2011 2:12 AM GMT
southbeach1500 saidThey're now the "Obama Tax Cuts."
southbeach1500 saidrickrick91 saidsouthbeach1500 saidThey're now the "Obama Tax Cuts."
They're now dead men walking.
January 2013 is execution day for the BUSH tax cuts.
Once they're dead we can finally make some headway paying off the Bush Deficit.
"Bush Deficit" RickRick? I believe you are quite confused about what a deficit is versus what the debt is.
There is no "Bush Deficit" anymore because Mr. Bush is no longer in the White House, thus, he hasn't signed any spending bills into law since prior to January 19, 2009.
As for eliminating the "Obama Tax Cuts" and their having any material effect on our debt... Yeah... a whopping $130 billion each year, against a $1,650 billion annual deficit. That's SURE to make a big difference!
For the liberals (math challenged), that means the annual deficit would be $1,520 billion per year instead of $1,650 billion per year.