Senate Dem budget includes nearly $1 trillion in new taxes

[Chris_]

The first budget from Senate Democrats in four years includes nearly $1 trillion in new taxes but would not balance the budget.

The blueprint unveiled by Senate Budget Committee Chairwoman Patty Murray (D-Wash.) on Tuesday to her Democratic colleagues would also turn off the next nine years of the sequester and replace those spending cuts with a 50-50 mix of tax increases and spending cuts.

Murray argues that her budget cuts $1.85 trilion from deficits over ten years. But once the sequester cuts are turned off, Murray’s budget appears to reduce deficits by about $800 billion, using the Congressional Budget Office’s baseline. The Murray budget does not contain net spending cuts with the sequester turned off.

The Hill

[NHSparky]

$1 trillion in new taxes but would not balance the budget.

But we don't have a spending problem.../sarc

[DLR Pyro]

Republican House Budget Chairman Paul Ryan proposed Tuesday to eliminate the annual deficit by 2023, in large part by cutting projected spending growth over the next decade by roughly $5 trillion.

 The plan, which contains many of the same provisions he offered last year, hits all the GOP high notes: less spending, lower tax rates and a rejection of most of President Obama's health reforms.
 

I prefer Senator  Representitive Ryan's plan over the dumocrats plan.

[Freeper]

Republican House Budget Chairman Paul Ryan proposed Tuesday to eliminate the annual deficit by 2023, in large part by cutting projected spending growth over the next decade by roughly $5 trillion.

 The plan, which contains many of the same provisions he offered last year, hits all the GOP high notes: less spending, lower tax rates and a rejection of most of President Obama's health reforms.
 

I prefer Senator Ryan's plan over the dumocrats plan.

Ryan got promoted?

[Freeper]

Sadly my friends what we will end up with is a budget that is closer to what the dems proposed than Ryan's budget.

[JohnnyReb]

We don't have a spending problem or a revenue problem......what we have is a politician problem...."What we have is a failure to communicate".

10,000,000 armed Americans show up in Washington D.C. might improve the communication skills of politicians.....especially democrat politicians.

[DLR Pyro]

Ryan got promoted?

my bad

[Wineslob]

Crack addicts all.   

[Lacarnut]

Republican House Budget Chairman Paul Ryan proposed Tuesday to eliminate the annual deficit by 2023, in large part by cutting projected spending growth over the next decade by roughly $5 trillion.

 The plan, which contains many of the same provisions he offered last year, hits all the GOP high notes: less spending, lower tax rates and a rejection of most of President Obama's health reforms.
 

I prefer Senator  Representitive Ryan's plan over the dumocrats plan.

Ryan's plan although head and shoulder better than Murray's plan is a bad joke also. It does not decrease the deficit; it only lowers the amount of the increases. Why can not Repubs propose a freeze on spending that would eliminate the deficit from going up instead of waiting till 2023. If inflation and interest rates go up, we will be in horrible financial shape. I do not think there is a swinging dick in DC that does not like to spend our money. Sure does not look like they want to stop stupid shit like providing 1.5 million dollars for  a study of why lesbians are fat or giving 60 billion to ragheads that hate us. With stupid shit like this, we will never dig our way out of this hole. Plus, postponing spending cuts off in the wild blue yonder never happen. Repubs are just trying to fool us with this stupidity.

[Freeper]

my bad

Don't let it happen again. 

Ryan's plan although head and shoulder better than Murray's plan is a bad joke also. It does not decrease the deficit; it only lowers the amount of the increases. Why can not Repubs propose a freeze on spending that would eliminate the deficit from going up instead of waiting till 2023. If inflation and interest rates go up, we will be in horrible financial shape. I do not think there is a swinging dick in DC that does not like to spend our money. Sure does not look like they want to stop stupid shit like providing 1.5 million dollars for  a study of why lesbians are fat or giving 60 billion to ragheads that hate us. With stupid shit like this, we will never dig our way out of this hole. Plus, postponing spending cuts off in the wild blue yonder never happen. Repubs are just trying to fool us with this stupidity.

The whole thing is a moot point anyway. The only light the Ryan budget will see is in the House, then when it is taken to Dingy Harry it goes right in the garbage can.

I was listening to Hannity today and he was having an orgasm over the Ryan budget, he has to know it hasn't a snowball's chance in hell of passing.

What we will end up with is the dems will get what they want but at a reduced rate, there won't be a trillion dollars in taxes it will be half a trillion.
It is going to be the fiscal cliff all over again.

[Dori]

Don't we have to raise the debt ceiling soon?

[Chris_]

What'chu talkin' 'bout, Willis?

[Dblhaul]

Patty Murray is as stupid as they come. I'm embarrased she represents my state.

[thundley4]

Don't we have to raise the debt ceiling soon?

Yes and the continuing resolution also ends this month.  Any increase in the debt ceiling should be matched by an equal amount of spending cuts.  Real cuts, not just reductions in increases of spending.

[Freeper]

Don't we have to raise the debt ceiling soon?

End of March I think or that is when the Current Continuing Resolution ends. With all the emergencies we have now I find it hard to keep up with them all.

 

[Chris_]

Once the budget is passed (ha ha), they will have to vote again to raise the debt ceiling.

Gotta agree with Lacarnut.  Ryan's budget is worthless.