Quote Originally Posted by red states rule View Post
Obama is currently spending FOUR BILLION DOLLARS per day MORE then the US Treasury takes in. Who and what will you tax to cover that amount? US taxpayers and companies paid about $2.5 TRILLION in taxes last year - how much more do you demand they pay? Also, even if the current tax rates are taken back to where they were under Bill Clinton, the amount of revenue that would bring in (assuming there is no negative impact on economic growth) would fund the current spending levels for about EIGHT days. Where would you suggest Obama gets the rest. BTW, the US currently pays about $250 BILLION a year in interest on the debt and as the debt rises so does the interest payments. That is hardly nothing to the US taxpayer. The floor is now yours April to answer my questions. Thanks and welcome back
If you want to bankrupt a nation , spending 4 billion a day more than you take in is a damn good start. However obama intends on continuing policies that will vastly decrease the take in amount , hopefully to make 8 or ten billion a day more that what is taken in. Everything that he does is by design to harm us, but his slavish, ignorant followers blow trumpets , sing and dance his praises with abandone! Echoed by the lying , soldout media, all of which should be either jailed or shot IMHO.-Tyr