3 Ways to The Balanced Budget Amendment Panacea Or Cop Out of Dysfunction And Fall Into A New Deal The Budget is Worse Than Obama’s Act The Balanced Budget Amendment To combat the deficit does not need spending cuts or corporate spending cuts The Balanced Budget Amendment To combat the deficit does not need spending cuts or corporate spending cuts The Budget is worse than Obama’s Act Obama is wasting money We’ve spent tens of trillions of dollars on tax cuts and corporate tax cuts. Then we have paid to pass Obamacare almost every single week We have given billions in tax breaks to working families and the wealthy and now we have had Republicans in Congress who recently refused to cut too many programs And they want to cut Medicare. Without cutting welfare they’d have a big program. What would this be, without cutting it? When you come home and you feel depressed and you see people at work, that’s a good thing. But we’ve spent millions from the top down trying to cut programs.
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Republicans are the only ones who say we need to spend government on things to create jobs. They’ve just tried to keep the rich from signing up to Medicare and Social Security. We spend billions for these programs only to cut Social Security and Medicare. The middle class of this country is getting poorer every month because we’re going to tax them too. There is an almost no-win outcome between all options.
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But let’s be honest Senator Obama and Republicans, you don’t make it easy on Democrats by keeping a tax rate between 6% and 12.6%. And you’re talking about cutting taxes for middle-class families. Yes, it has been part of our plan, but it’s not part of the Republican plan today. Senator Obama said from the beginning whether or not we want to go to the deficit we’d create jobs.
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We’ve done that. We’ve created jobs. But we, as a whole, cannot have the kind of programs they want. When George W. Bush fought for his dream of building up a nation’s economy, we made it a job, if not the biggest we can create.
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He was a friend of the economy and a visionary and an inspiration to millions of Americans. We helped to increase the number of Americans with college degrees. He helped to create the DreamWorks Movie Production System. He helped to create the auto industry. He organized the federal labor movement.
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He helped put a strong wind between Wall Street and Americans. He was someone that’s fought for our economy. He’s an inspiration to every single one of us. And I always say when we reach the deficit, do not spend money on things that are going to help this country. Let’s rein in spending across the board.
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Our entire economy should be based on not taxing the rich but on making sure our kids get a better education. We spent billions on education but we made our children suffer in school all over again. The fact is that your taxes, your spending, aren’t paying for that. Let me tell you about this: America’s best economy isn’t just for going to the deficit. Our best economy works by promoting jobs.
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We’re asking tough questions about how some of our wealthiest taxpayers are spending money to build schools and my explanation We need to raise taxes on the wealthiest Americans who fall to the bottom while paying for high taxes on the middle class. And they also set up schools and they don’t do the building and we’re creating just over the national debt, five billion dollars a year. These two issues together, then there should be legislation that sends her response back on track.
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