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Comments about ‘No stopgap: Obama demands big deal for debt limit’

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Published: Monday, July 11 2011 4:05 p.m. MDT

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Rifleman
Salt Lake City, Utah

After sitting on the sidelines for 2-years Obama says he'll 'reject any stopgap extension'? When push comes to shove he'll fold just like he did when he pushed Israel on negotiations with the Palestinians. Obama is negotiating from a position of weakness and just doesn't have what it takes.

atl134
Salt Lake City, UT

That's how compromising works, you give some, we give some, and then progress is made. Unfortunately Obama is working with children.

Fitness Freak
Salt Lake City, UT

We've "compromised" our way to 14 trillion in debt.

Obama should quit baiting the Republicans and just get to CUTTING his budget.

HE'S THE ONE who spent 800 billion on a "stimulus" .......that didn't.

He's the one with the goofy "cash for clunkers" program.

He's the one who forced the budget busting "Obamacare" on the nation. He could always cut THAT program.

Republicans HAVE a budget and they shouldn't "compromise". Obama is the one who couldn't pass a budget even when he controlled both houses of Congress

williary
Kearns, UT

Sorry Rifleman, not this time. Obama turned the tables when he through out the $4 Trillion huge deal. How can Republicans turn back when he is offering exactly what they and their Tea Party constituents have been screaming for?

It's time Republicans took a seat at the big boys table. As Pagan said, they all voted without instance to raise the debt ceiling 7 times during the W. era. Now they've vowed to not raise it again unless significant cuts to the deficit are pledged.

We'll those cuts are on the table. Time to be an adult after spending the last 3 years pouting and putting up road blocks to everything Obama has tried to do. If this doesn't go down, polls are squarely showing the blame will sit with Republicans.

The Republicans games are draining on Americans. Obama has put cuts to Entitlement programs on the table, in exchange for closing ridiculous tax loopholes that only the wealthy can take advantage of. He's given some, while offered huge deficit reductions. Grow up and take the deal.

George
Bronx, NY

fitness freak seems to be from the school of when things are going poorly dig your heels and dont compromise even if the policies of the past have failed to deliver. while I agree the stimulus packages where not effect and services need to be cut the tax cuts for the rich and corporations have also been a dismal flop. It is time to put everything on the table, now is not the time to dig in heels by either democrats or republicans.

Viva la Migra
American Fork, UT

There is already a big tax increase for the "rich" (couples who make more than 250k aka small business owners) which already passed as part of the ObamaCare bill, which will begin in 2013.

I hope the Republicans learned a lesson back in the 80s when a similar compromise was reached. Back then the Democrats promised a 3:1 ratio for cuts to new taxes (they would cut 3 and raise 1). When it came time to actually implement it, the ratio was action 1:3 cuts/new taxes and Reagan realized he had made a huge mistake in trusting the Democrats to keep their word.

If any business or family had a budget which had more spending than income, they would have to make some choices and eliminate all non-essential spending as a start. It seems that they government could make some pretty substantial cuts to their expenditures (cut off all foreign aid, cut off all social benefits to non-citizens (especially illegal aliens), reduce or end the life-time pensions and health benefits paid to retired Federal workers and politicians).

IDC
Boise, ID

Make the cuts and raise everyones taxes if taxes must be increased. (over poverty level) Everyone needs to suffer together for the country to stay together. If you make 50k, you pay $500 more. If you make 1,000k, you pay $10,000 more. Tax increases need to effect everyone. The rich already pay for everything as it is. We all need to do our part.

patriot
Cedar Hills, UT

"Speaking shortly before heading to the White House, House Speaker John Boehner stood firm in his opposition to including tax increases.
Do you need to raise taxes in order to get control of spending? I think the answer is no, he said."

This about says it all. Liberals believe the rich are evil (exempting themselves of course) and therefore provide a bottomless well of tax money for liberal programs. Liberals also think capitalism is evil (exempting their own private business enterprises of course) and believe (like any good socialist) that the government is entitled to ALL - and I mean ALL - your money. Get control of spending?? Say what?? Has Obama done ANYTHING EXCEPT SPEND AND SPEND AND SPEND some more since taking office?? Spending is all this man knows so telling him to cut spending is like telling an alcoholic to cut back on the booze at the next party. Ain't gonna happen. Let's remember that the 2012 election season is upon us and Obama has plenty of liberal programs to fund to keep his re-election chances alive so cutting spending is basically admitting to defeat for Obama.

TRUTH
Salt Lake City, UT

Anyone who thinks that Obama is being fiscally responsible when he offers this so-called 10 years $4 billion dollar cut in spending is fooling themselves.....its all a big smoke screen.....

What Obama wants is more taxes to pay for his agenda that has not worked...its just more of the same from this big govt, big spending Lib Communist...hope and change has lost its appeal...America wants new leadership and the GOP is going to give it to them and fast....

Can't wait for 2012......

See above "Fitness Freak"~

TRUTH
Salt Lake City, UT

Hello this is Obama Cash for Clunkers Bank, thank you for calling, my name is Barry, how may I assist you?

Well I have a $14 trillion limit on my credit card and I need more credit so I can continue to spend and keep you in business.....

Cool...I can help you....how about we increase your debt ceiling to $15 trillion and you can start paying us back in 3-10 years when I am not longer the bank President.....

Sound familiar?

atl134
Salt Lake City, UT

@viva
"couples who make more than 250k aka small business owners"

The vast majority of small business owners don't make that much.

Jash
Clearfield, UT

Re: williary, atl

TEA (Taxed Enough Already) Party constituents are screaming for deficit reduction through cuts in spending not in new taxes. And as far as the crazy Tea partiers are concerned the debt ceiling should not be raised at all so they are already compromising.

Naturally Tea party republicans are going to dig in their heels because they were sent to washington for 3 main reasons: 1) Jobs 2) Stop and cut spending 3) Repeal Obamacare.

The reality is the republican party is now split between GOP constituents who protect business, corperate interest etc and tea party constituents who primarily care about out of control government taxes, spending and debt.

Expecting the tea party backed representatives to put new taxes and additional debt on the table is like asking democrats to put entitlements cuts and making a portion of Bush tax cuts permanent on the table. It just isn't goint to happen.

ouisc
Farmington, UT

Normally, I'd support increasing taxes. But at the rate we are spending money, as if we're not in a recession, I simply can't. Anyone who thinks we should raise taxes, now, should not receive an increase in monies, unless folks want to donate it to Obama's cause.

DeltaFoxtrot
West Valley, UT

I have no confidence in our government's ability to compromise and solve the spending/debt crisis.

The ideal solution calls for massive cuts in government spending along with hefty tax hikes... and neither party will agree to it.

DeltaFoxtrot
West Valley, UT

I will also point out, that even if an agreement isn't reached by August 2 that does not mean a default.

The Treasury controls payments on US debt, not Congress. They have a number of powers at their disposal and several cards they can play... and Geithner has already said that a default will not happen on his watch. Congress can fight it out all they want, they can shut the whole government down, but that debt will still be paid on time.

Independent
Henderson, NV

I want to believe that it's only a coincidence that paying for the government's financial obligations at this point would require the confiscation of pretty much the entire nation's wealth. I want to believe that nobody planned it that way, and I want to believe that our politicians have every intention of reversing this condition. I want to believe that it won't require a violent revolution to stop the government for putting any further financial burdens on its citizens. It doesn't matter that they haven't raised your taxes yet. They'll either tax you for it later, or they'll devalue your currency so badly that it might as well have been taxes.

xscribe
Colorado Springs, CO

@Counter Intelligence: If cutting taxes is the way to stimulate jobs, then we should be seeing some jobs by now, correct? Because there has been a tax decrease in your Social Security, and the president left all the Bush-era tax cuts in place. There has been absolutely zero increase in taxes under this administration, the big corporation that Boehnner says need the tax loopholes they injoy are still in place, yet no jobs are being created? Huh! Guess that doesn't work after all. So, the fact that republicans won't budge on simply getting rid of tax loopholes that only the big corporation enjoy and not the rest of us smacks of greed to me!

Independent
Henderson, NV

Why should it be necessary to raise the debt ceiling if cuts are going to be made? How can you say you cut anything if you increase your debt to a higher ceiling? That's the very opposite of of a cut. What's the point of raising a debt ceiling if you don't plan on taking on more debt?

Independent
Henderson, NV

xscribe, you are right that a tax cut would not stimulate jobs at this point. But unless tax increases are very specifically targeted to people who are just holding on to their wealth, and used specifically to create new jobs in the public sector, tax increases will not stimulate jobs either.

Mick
Murray, Utah

Pagan-

You're a one trick pony. I could use your own "trick" against you but I am smart enough to know that the president doesn't spend money, congress does.

As for the rest of you, raising taxes on the rich won't put a dent in the budget or debt. It is a leftist attempt at redistribution of wealth. Let's get serious here. To save our country we need to make cuts in every department including defense, entitlements and education. We need to stop spending money we don't have. It is that simple!!!!!

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