Democrats say no tax refunds unless debt ceiling raised.!!

[ShootSpeeders]

Another pathetic scare tactic from the dems. Why can't democrats reduce spending.? That's the proper way to stay under the current debt ceiling.

Congressional Democrats Warn Boehner of Tax Refund Delay if Debt Ceiling Isn t Lifted


(FEBRUARY 3, 2014)

Democrats on the tax-writing House Ways and Means Committee have written to Speaker of the House John Boehner, R-Ohio, urging him to introduce legislation to raise the debt ceiling without pre-conditions, warning that the Treasury Department would not be able to pay tax refunds without a higher debt limit.

In announcing their letter to Boehner on Monday, they noted that the two-week government shutdown last October had delayed the start of tax season until last Friday. They pointed out that last year, 110 million taxpayers received tax refunds averaging $2,700, and nearly half those refunds were claimed by March 1. However, they complained that House Republicans are again threatening not to raise the debt ceiling unless certain demands are met, and that would risk the Treasury's ability to pay timely tax refunds for American families. In the absence of an increase in the debt ceiling, they noted, tax refunds can only be paid as money is received by the Treasury.

“Failure to act quickly will endanger our economic recovery and send a signal to American taxpayers that their refunds may be in jeopardy, potentially raising unnecessary panic among families awaiting their tax refunds,” all 16 Democrats on the Ways and Means Committee wrote to Speaker Boehner.

“President Obama and Congressional Democrats have been clear: we will not negotiate over the full faith and credit of the United States,” they wrote in the letter. “Past Republican default threats rattled our economy and cost Americans hundreds of billions of dollars in lost retirement savings, increased the cost of owning a home, and cost us hundreds of thousands of desperately needed jobs. Let’s not add delaying tax refunds to the list. We look forward to working with you to protect American taxpayers.”

 

[zeke]

Oh come on. Just think how much everybody will like Republicans when they find out that Repubs are the reason there is no tax refunds being sent out.

Don't you think that would be good for the Republican party? Sure it would.

 

[Delta4Embassy]

Debt ceiling is met every year regardless of spending. If it isn't continually raised we default on the National Debt and the Ponzi scheme which is the US Dollar-based economy collapses taking every other country with it.

Defaulting on the our debts will absolutely positively cause WW III. If money goes away as a thing of value, there's very little holding everyone back any more.

 

[Delta4Embassy]

Debt ceiling's the one thing you can't mess around with. Wanna take Social Security hostage fine, you're just pissing people off. Fuck around with the debt ceiling and you're taking the whole planet hostage. Anyone doing so should frankly be shot.

 

[peach174]

Another pathetic scare tactic from the dems. Why can't democrats reduce spending.? That's the proper way to stay under the current debt ceiling.

Congressional Democrats Warn Boehner of Tax Refund Delay if Debt Ceiling Isn t Lifted


(FEBRUARY 3, 2014)

Democrats on the tax-writing House Ways and Means Committee have written to Speaker of the House John Boehner, R-Ohio, urging him to introduce legislation to raise the debt ceiling without pre-conditions, warning that the Treasury Department would not be able to pay tax refunds without a higher debt limit.

In announcing their letter to Boehner on Monday, they noted that the two-week government shutdown last October had delayed the start of tax season until last Friday. They pointed out that last year, 110 million taxpayers received tax refunds averaging $2,700, and nearly half those refunds were claimed by March 1. However, they complained that House Republicans are again threatening not to raise the debt ceiling unless certain demands are met, and that would risk the Treasury's ability to pay timely tax refunds for American families. In the absence of an increase in the debt ceiling, they noted, tax refunds can only be paid as money is received by the Treasury.

“Failure to act quickly will endanger our economic recovery and send a signal to American taxpayers that their refunds may be in jeopardy, potentially raising unnecessary panic among families awaiting their tax refunds,” all 16 Democrats on the Ways and Means Committee wrote to Speaker Boehner.

“President Obama and Congressional Democrats have been clear: we will not negotiate over the full faith and credit of the United States,” they wrote in the letter. “Past Republican default threats rattled our economy and cost Americans hundreds of billions of dollars in lost retirement savings, increased the cost of owning a home, and cost us hundreds of thousands of desperately needed jobs. Let’s not add delaying tax refunds to the list. We look forward to working with you to protect American taxpayers.”

So what did they spend that money on? Unfunded Entitlements that's where.
They all know that the money had to be paid back to the tax payers.
They would not be in this predicament if they had left that money alone so that it would be there for those who had that money withheld.

We would not be in this predicament if Dems had not passed all the social programs that was not funded.

More proof that congress has a spending problem and Dems refuse to recognize it.

 

[martybegan]

Oh come on. Just think how much everybody will like Republicans when they find out that Repubs are the reason there is no tax refunds being sent out.

Don't you think that would be good for the Republican party? Sure it would.

Obama can just sign an executive order to pay off the tax refunds. He does it with everything else....

 

[hangover]

Democrats say no tax refunds unless debt ceiling raised.!!

Nice twisting of the truth. Delay isn't NO REFUNDS. And the cons couldn't care less, because the rich don't get refunds. They don't even file until April 15th to PAY their taxes. And they usually file for extensions to delay paying their share.

 

[ShootSpeeders]

Democrats say no tax refunds unless debt ceiling raised.!!

Nice twisting of the truth. Delay isn't NO REFUNDS. .

uraliar. The very first sentence of the article says NO tax refunds.

Democrats on the tax-writing House Ways and Means Committee have written to Speaker of the House John Boehner, R-Ohio, urging him to introduce legislation to raise the debt ceiling without pre-conditions, warning that the Treasury Department would not be able to pay tax refunds without a higher debt limit.

 

[ShootSpeeders]

Debt ceiling's the one thing you can't mess around with. Wanna take Social Security hostage fine, you're just pissing people off. Fuck around with the debt ceiling and you're taking the whole planet hostage. Anyone doing so should frankly be shot.

So you're saying democrats should be shot if they won't reduce their spending?

 

[R.C. Christian]

My God I hope the democrats pull that off. That would be the best day ever.

 

[hangover]

My God I hope the democrats pull that off. That would be the best day ever.

Don't raise the debt limit and it will happen, but not because of the dems. The government will be shut down again, and you know who will get the blame. Go ahead, I dare the cons. That way it will be fresh in the minds of the voters.

 

[DigitalDrifter]

Please, please do this Dimocrats !!! God yes, what a dream come true it would be !!

Between this and Obamacare, November would be an utter bloodbath !

 

[jillian]

Debt ceiling's the one thing you can't mess around with. Wanna take Social Security hostage fine, you're just pissing people off. Fuck around with the debt ceiling and you're taking the whole planet hostage. Anyone doing so should frankly be shot.

They seem to have little understanding of what the debt ceiling is. I can't say that's not understandable given the distortion and lies they're fed.

 

[jillian]

Please, please do this Dimocrats !!! God yes, what a dream come true it would be !!

Between this and Obamacare, November would be an utter bloodbath !

No doubt the rightwing extremist temper tantrum would go as well as last time

Lol.

 

[jillian]

Debt ceiling's the one thing you can't mess around with. Wanna take Social Security hostage fine, you're just pissing people off. Fuck around with the debt ceiling and you're taking the whole planet hostage. Anyone doing so should frankly be shot.

So you're saying democrats should be shot if they won't reduce their spending?

Thanks for proving my point.

 

[Vox]

big deal. pay less taxes monthly so you won't need any refund.

 

[peach174]

Dems think that it's their money to wheel and deal with as the please.
It's the tax payers money and Dems have no business using us as hostages to get what they want.

If the Dems do this they are doomed for any chance of winning.

The people are angry enough as it is over the new ACA and then add that they won't receive their refunds in a timely manner OH Boy!

 

[peach174]

big deal. pay less taxes monthly so you won't need any refund.

It is not so simple as that Vox.
Many people who pay taxes in retirement is not simple and if it is not withheld right they owe more and that is very hard on a fixed income.

 

[Dont Taz Me Bro]

Oh come on. Just think how much everybody will like Republicans when they find out that Repubs are the reason there is no tax refunds being sent out.

There will be no such delay regardless of what happens.

 

[Dont Taz Me Bro]

Debt ceiling is met every year regardless of spending. If it isn't continually raised we default on the National Debt .

That is a patently false statement.