Bfgrn
Gold Member
- Apr 4, 2009
- 16,829
- 2,492
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poor Obama, the people were smart enough to vote in the Republicans to stop the idiot from his great "visions" of transforming Amercia...
so lets give the PEOPLE who voted for that a hand, and a big, waaaaaaaaaaaaaa for Obama and his cult followers
And we got Republican's vision of destroying the President of the United States, and to hell with the country. Conservatives had made it perfectly clear, they don't accept any governing unless it is under their dictum and decree.
In what fucking universe do you believe Republicans will allow Obama and his democrat minions to push anymore bullshit through???
Everything he and his progressive majority passed from 2008-2010 was an epic failure that did nothing but further setback the economy.....
You think Republicans are going to allow that jackass to continue his "destruction of the US" tour????
Emote all you want. But the FACTS don't support what you parrot.
![SummaryFigure1_forBlog.png](/proxy.php?image=http%3A%2F%2Fwww.verumserum.com%2Fmedia%2F2011%2F06%2FSummaryFigure1_forBlog.png&hash=87ee0502145f58c38e5e4b973ac32243)
Here is the 'rub'...We are on The Extended-Baseline Scenario trajectory Obama and the Democrats put us on. If Congress does nothing the Extended-Baseline Scenario is already in place.
IF the Bush tax cuts don't expire and the AHA is not fully implemented or repealed the The Alternative Fiscal Scenario is the trajectory Teapublicans will take us if they gain enough power.
the CBO lays it out perfectly clear...CRYSTAL.
Federal Debt Held by the Public Under CBOs Long-Term Budget Scenarios
(Percentage of gross domestic product)
![SummaryFigure1_forBlog.png](/proxy.php?image=http%3A%2F%2Fcboblog.cbo.gov%2Fwp-content%2Fuploads%2F2011%2F06%2FSummaryFigure1_forBlog.png&hash=5d8dbe4089691b1e3c495f0bec9e8155)
The chart shows 2 scenarios. For all practical purposes, you can call the Extended-Baseline Scenario the Democrat scenario and the Alternative Fiscal Scenario the Teapublican scenario.
The Extended-Baseline Scenario adheres closely to current law. Under this scenario, the expiration of the tax cuts enacted since 2001 and most recently extended in 2010, the growing reach of the alternative minimum tax, the tax provisions of the recent health care legislation, and the way in which the tax system interacts with economic growth would result in steadily higher revenues relative to GDP.
The Alternative Fiscal Scenario
The budget outlook is much bleaker under the alternative fiscal scenario, which incorporates several changes to current law that are widely expected to occur or that would modify some provisions of law that might be difficult to sustain for a long period. Most important are the assumptions about revenues: that the tax cuts enacted since 2001 and extended most recently in 2010 will be extended; that the reach of the alternative minimum tax will be restrained to stay close to its historical extent; and that over the longer run, tax law will evolve further so that revenues remain near their historical average of 18 percent of GDP. This scenario also incorporates assumptions that Medicares payment rates for physicians will remain at current levels (rather than declining by about a third, as under current law) and that some policies enacted in the March 2010 health care legislation to restrain growth in federal health care spending will not continue in effect after 2021.