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Obama says debt deal must include revenues - Chicago Tribune 7/25/11

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Tierra_y_Libertad Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-31-11 07:59 PM
Original message
Obama says debt deal must include revenues - Chicago Tribune 7/25/11
Maybe I missed the part about revenues in The Deal.

http://www.chicagotribune.com/news/nationworld/la-pn-obama-la-raza-20110725,0,6071872.story


As Republicans and Democrats continue trying to hammer out the details of rival plans to avert a debt crisis, President Obama on Monday called for a proposal that will raise more revenue from the wealthy — a provision that has vexed his talks with the House speaker.

Yet in a speech Monday afternoon to the nation's largest Latino interest group, Obama made the case that attacking federal debt and deficit simply by cutting government spending won't spread the burden fairly.

Some of the cuts under discussion would require seniors to pay more for their healthcare and diminish temporary assistance and job training for displaced workers.

"Not only is it not fair if all this is done on the backs of middle-class families," Obama said, "it doesn't make sense. ... That's why people from both parties have said the best way to take on our deficit is with a balanced approach ... one where wealthy Americans and corporations pay their share, too."
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Bluebear Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-31-11 08:00 PM
Response to Original message
1. "the bill I sign must include the public option"
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Tierra_y_Libertad Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-31-11 08:02 PM
Response to Reply #1
3. Yep. These two glorious achievments need to be added to The List.
Edited on Sun Jul-31-11 08:06 PM by Tierra_y_Libertad
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bigwillq Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-31-11 08:06 PM
Response to Reply #1
5. ....
:thumbsup:

Ouch.
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Lasher Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-31-11 08:12 PM
Response to Reply #1
6. "I will raise CEO taxes. There is no doubt about it."
Barack Obama on CNN "Late Edition" with Wolf Blitzer May 11, 2008
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Bluebear Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-01-11 12:44 AM
Response to Reply #6
7. lol
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Unvanguard Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-01-11 02:48 AM
Response to Reply #1
13. Unlike the bit in the OP, he never actually said that.
Not without substantial editing, anyway.
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Autumn Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-31-11 08:01 PM
Response to Original message
2. Obama said a lot of things.I don't think he means
Edited on Sun Jul-31-11 08:09 PM by Autumn
most of it. He talks the talks and then doesn't fucking walk.
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Karmadillo Donating Member (1000+ posts) Send PM | Profile | Ignore Sun Jul-31-11 08:05 PM
Response to Original message
4. To get single payer, sez Obama 2003 version, "first we have to take back
the White House, we have to take back the Senate, and we have to take back the House." He left out the "Psych!" part, but I think we now have enough experience with him to know it was understood.
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in_cog_ni_to Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-01-11 12:47 AM
Response to Original message
8. PROOF...good speeches don't make a good, HONEST President.
:grr:
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gateley Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-01-11 12:50 AM
Response to Original message
9. Impossible. He's already given everything away. I read it on DU. nt
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Bluebear Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-01-11 12:52 AM
Response to Reply #9
11. Rep. Cleaver.."A sugar coated satan sandwich"
Is that good enough for you?
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Bluebear Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-01-11 12:51 AM
Response to Original message
10. "We will remove troops from Iraq in 16 months"
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Lasher Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-01-11 10:05 AM
Response to Reply #10
17. PolitiFact gave him a Promise Kept on that one.
The lied.
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Leopolds Ghost Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-01-11 02:38 AM
Response to Original message
12. So Obama pledged to veto a deal that does not include revenue increases?
Edited on Mon Aug-01-11 02:39 AM by Leopolds Ghost
I take it ProSense and TheWraith will now inform me that the Deal includes revenue increases.
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BzaDem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-01-11 02:49 AM
Response to Original message
14. After the commission is done (or fails), the deal will either include revenues or massive defense
cuts that amount to 1 trillion (approximately half the package).
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Leopolds Ghost Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-01-11 03:02 AM
Response to Reply #14
15. The defense cuts are a poison pill that will ensure the commission can pass undemocratic cuts
To entitlements with no accompanying defense cuts.
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BzaDem Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-01-11 03:04 AM
Response to Reply #15
16. It's actually just the opposite. The defense cuts ensure that the commission passes revenues, or
doesn't report at all. Democrats can basically demand revenue increases, or defense gets it.
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jtown1123 Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-01-11 12:06 PM
Response to Reply #16
19. revenues at what costs?Draconian entitlement cuts? n/t
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kath Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-01-11 12:04 PM
Response to Original message
18. Yep - another lie. I do not trust One. Single. Word. That. Comes. Out. Of. His. Mouth.
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Safetykitten Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-01-11 12:08 PM
Response to Original message
20. You never LOVED him!
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blkmusclmachine Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Aug-01-11 12:10 PM
Response to Original message
21. The WH lied.
n/t
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