The National Debt
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Maybe you missed it,but Each 0.5% tax rate increase addresses 23% of shortfall.
I dont even think there is a point arguing with this idiot, he is on another thread saying Pelosi is going to be president in 2016 with an 11% approval right now, and he thinks that social security is operating on a surplus, and will continue to do so. He is either delusional, trolling or flat out retarded.
These are the dumb fucks who voted Obama in and now will be responsible for the complete destruction of the United States. Their solution to the disaster which is coming from our unfunded liabilities was to create a new government entitlement program to try to clean up the old ones which have over 100 trillion in combined liabilities.
That is the biggest load of crap,TODAY,social security has a huge surplus,cant say the same about the wars.
We have borrowed over 3.7 trillion from ss,that has saved the US lots of money since they didn't have to borrow that money from elsewhere and have to pay huge sums in interest
to fix it all that is needed is a small tax increases
Revenue raisers
Raise the cap to 90% of taxable earnings
Approximately 39% reduction in shortfall
PRO:Affects only 6% of taxpayers or top 15% of income.
Can be phased in gradually.
Not a new tax, restores prior policy.
CON:Itâs a tax increase for higher earners.
Increase payroll tax rate
Each 0.5% tax rate increase addresses 23% of shortfall.
PRO:A gradual increase would maintain 75-year solvency.
CON:A regressive tax increase that adversely affect workers.
Ricter, you are a little more intelligent than dot dot dot loser,
Read the history of Canada and Sweden, they about killed themselves with socialism, they had to cut back. We all know what happened to the eastern block, and keep your eye on sweden as it implodes under the weight of a large non assimilating minority population who will suck their social services dry.
Read the history of Canada and Sweden, they about killed themselves with socialism, they had to cut back. We all know what happened to the eastern block, and keep your eye on sweden as it implodes under the weight of a large non assimilating minority population who will suck their social services dry.
And I'll be voting for him again in 2012
Democratic-Controlled Legislatures Overseeing 17 of the 20 Highest State Budget Deficits Nationwide
How are states going to balance the budget deficits that are mounting across the nation?
For that answer, you'll have to ask the Democrats - as they control both the Senate and House in 17 of the top 20 states with the largest FY 2010 per capita deficits.
The National Conference of State Legislatures recently issued state level budget deficit data.
A Smart Politics analysis finds Democrats are in charge of 35 of the 40 chambers in states with the 20 largest deficits, including control of both the Senate and House in 17 of these 20 states.
Only Arizona (ranked #9) and Kansas (#15) have legislatures entirely under control of the GOP in the states facing the biggest budget crises nationwide. In Virginia (#20), control is split, with Democrats in charge of the Senate and Republicans with the partisan advantage in the House.
Democrats, meanwhile, control both chambers in the other 17 states: Hawaii, New York, Connecticut, California, New Jersey, Delaware, Washington, Minnesota, Massachusetts, Louisiana, Wisconsin, Rhode Island, Nevada, Vermont, Maryland, Maine, and Iowa. (Note: while Democrats currently control a majority of state legislatures (27), they still preside over a vastly disproportionate number of states in the deepest financial trouble).
How are states going to balance the budget deficits that are mounting across the nation?
For that answer, you'll have to ask the Democrats - as they control both the Senate and House in 17 of the top 20 states with the largest FY 2010 per capita deficits.
The National Conference of State Legislatures recently issued state level budget deficit data.
A Smart Politics analysis finds Democrats are in charge of 35 of the 40 chambers in states with the 20 largest deficits, including control of both the Senate and House in 17 of these 20 states.
Only Arizona (ranked #9) and Kansas (#15) have legislatures entirely under control of the GOP in the states facing the biggest budget crises nationwide. In Virginia (#20), control is split, with Democrats in charge of the Senate and Republicans with the partisan advantage in the House.
Democrats, meanwhile, control both chambers in the other 17 states: Hawaii, New York, Connecticut, California, New Jersey, Delaware, Washington, Minnesota, Massachusetts, Louisiana, Wisconsin, Rhode Island, Nevada, Vermont, Maryland, Maine, and Iowa. (Note: while Democrats currently control a majority of state legislatures (27), they still preside over a vastly disproportionate number of states in the deepest financial trouble).
I said total social welfare moron, since you can't do arithmetic you are not qualified to make conclusions. You are odds with every budget analysis out there.
The SSI 'surplus' was due to disappear anyway, it is long term insolvent when considering it in a vacuum. But that's not the point since SSI is not the sum total of social welfare.