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one_voice Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 10:48 PM
Original message
This should somehow be made..
into a campaign ad:

Compared with previous projections, our revised base case scenario now assumes that the 2001 and 2003 tax cuts, due to expire by the end of 2012, remain in place.We have changed our assumption on this because the majority of Republicans in Congress continue to resist any measure that would raise revenues, a position we believe Congress reinforced by passing the act. Key macroeconomic assumptions in the base case scenario include trend real GDP growth of 3% and consumer price inflation near 2% annually over the decade.

http://tpmdc.talkingpointsmemo.com/2011/08/sp-downgrades-us-aaa-bond-rating-to-aa-outlook-negative.php?ref=fpa

The right is already spinning this as the Dem's fault..ENTIRELY...the Dems need to make sure the right owns this.
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lonestarnot Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 10:49 PM
Response to Original message
1. K & R!
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msongs Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 11:01 PM
Response to Original message
2. umm thought those cuts expire automatically and dems need do nothing nt
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one_voice Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 11:09 PM
Response to Reply #2
4. Doesn't matter...
Edited on Fri Aug-05-11 11:23 PM by one_voice
Use this part of the release to make the Repugs own the downgrade..first one in history..OR they have to explain to their voters/base that they agreed to letting the tax breaks expire, OR both.

Either way it's a win for us. We have to play the game like them. They would try to nail us for both and then some.

edited to read more like English. :blush:
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Ruby the Liberal Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 11:20 PM
Response to Reply #4
5. The voice of reason!
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Zax2me Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 11:02 PM
Response to Original message
3. I think they are already set to expire
no action needs to be taken.
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Ruby the Liberal Donating Member (1000+ posts) Send PM | Profile | Ignore Fri Aug-05-11 11:20 PM
Response to Reply #3
6. They sure were! In December of 2010.
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