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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsNancy Pelosi: Speaker John Boehner 'Wants To Go Over The Edge'
WASHINGTON -- Democratic Leader Nancy Pelosi (D-Calif.) accused House Speaker John Boehner on Sunday of "want[ing] to go over the edge" when it comes to negotiations to keep the government from defaulting on its debts.
The federal government will hit its debt limit sometime around the November election, but extraordinary measures, Treasury Secretary Tim Geithner has said, can keep the government paying its bill into the new year, when a new Congress is sworn in.
Boehner, however, began negotiations on the debt ceiling last week, saying that new tax revenues were off the table and that any increase in the debt limit must be accompanied by an equal number of cuts.
Pelosi described Boehner's approach to coming debt-ceiling negotiations as immature and irresponsible. "Last year, just the threat of not lifting the debt ceiling caused our credit rating to be lowered. This is not a responsible, mature, sensible place for us to go. We all know we have to reduce the deficit. We have to do it in a balanced way," she said on ABC's "This Week." "The speaker wants to go over the edge."
http://www.huffingtonpost.com/2012/05/20/nancy-pelosi-speaker-john-boehner_n_1530920.html
Angry Dragon
(36,693 posts)you take everything on the other side off the table??
bloomington-lib
(946 posts)I would love if the dems could pull the rug out from under those crooks
ArivacaCharlie
(4 posts)Boenner and the rest of the GOP leadership have only one agenda: defeat Obama.
They will stop at nothing, even throwing the entire nation under the bus to make Obama look bad.
It is the GOP who was solely responsible for damaging the nation's credit rating before. There is no reason to believe they won't sacrifice the global respect of the nation again.
RC
(25,592 posts)1- Progressively raise taxes on $100,000 (Not $250k) and above to 93%. The last time this was done, the economy boomed!
2- Re-regulate big business and if necessary, break up monopolies. To Big To Fail is To Big To Regulate.
3- Bail out Main Street, not the big money boys on Wall Street.
4- Make our voting system public. Stop with the privately owned and controlled electronic, touch screen voting machines. Use paper to vote on and with, so as to have a verifiable paper trail. ANY recount has to use the paper the voter voted on. So what if the final results take a week or more. Our Democracy is at stake.
5- Reinstate the United State Constitution to the Law of the Land again.
6- Reinstate the Fairness Doctrine. Do what Canada has. It is against the law to lie on news programs. Their news is noticeable different than ours. Been there, seen that!
7- STOP our imperialistic war mongering, bring our troops home, close several hundred military bases and Nation Build [font size="5"]THIS[/font size] country.
Renaissance Man
(669 posts)Doing something like this would guarantee perpetual Democratic losses. I feel that the $250,000 cutoff is reasonable, as you can't claim that you really want middle class families to have the ability to invest and begin small businesses if 93% of whatever income they make over $100,000 goes back to the federal government.
Trust me, I have friends that are graduates of medical school, pharmacy school and lawyers (working with firms) that are already getting hit paying upward of 33% - 36% in taxes while also having to pay back student loans. What you're proposing is completely unreasoanable and would get a good number of them to flee from the Democratic Party in droves.
RC
(25,592 posts)Or you make a hundred grand.
Most people only make 50k to 60k. The 100k tax increase would be only a modest increase. As you make more, you pay more. At one time the top tax rate was 93%. The economy took off. That is what we need to do now.
The US need to get it debts and deficits under control. Then it can deal with student loans and the rest the safety nets for the people.