Limited tax increases in exchange for significant Medicare, Medicaid and Social Security cuts?

[Cali_Democrat]

What do you guys think?

Boehner: Debt deal will include new tax revenues
By Nancy Cordes
November 3, 2011 5:28 PM

House Speaker John Boehner addressed one of the biggest sticking points for the 12 member Congressional "supercommittee" today, acknowledging that any bipartisan agreement will need to include some new tax revenue.

"I think there is room for revenues, but I think there clearly is a limit to the amount of revenues that are available," Boehner told reporters.

<snip>

Boehner insisted that Republicans would only compromise on tax revenue if Democrats were willing to take significant and painful steps to shore up Medicare, Medicaid and Social Security. "Without real reform on the entitlement side, I don't know how you put any revenue on the table."

He said any new tax revenue would not come from raising rates but from overhauling the tax code, sweeping out loopholes and deductions in order to reduce individual and corporate rates.

http://www.cbsnews.com/8301-503544_162-57318109-503544/boehner-debt-deal-will-include-new-tax-revenues

In my opinion, Boehner's proposal is shit, the debt deal was shit and this super committee is shit.

[leveymg]

1. No. They can go bury that where the sun don't shine.

Flush twice.

[woo me with science]

2. This is a moral issue.

Any politician supporting this crap needs to go. Period.

[Autumn]

3. No. Hell fucking NO.

Any proposal those asses make a shit. Anything they do is shit.

[subterranean]

4. Then once the loopholes are gone and the tax rates cut,

the corporate lobbyists will come in and get the loopholes quietly reinstated.

[jwirr]

5. The choice is between this shitty offer and failing to come to an

agreement at all which will mean across the board cuts and no revenues at all. How did we end up with this idiocy?

[SkyDaddy7]

13. It is not all bad...1.2 Trillion in auto-matic cuts &

Half of that will be defense cuts...Then if we can come together & take the House back we can pass revenue cuts...If we don't then I think we all know what a Republican controlled Government is going to do.

[jwirr]

15. Thanks - I often answer from my depressed side and it helps when

I am reminded that there is still a chance.

[totodeinhere]

16. From what I have read most observers who are in the know about this assume that under no

circumstances will defense budget cuts like that ever see the light of day. If the super committee deadlocks some way will nevertheless be found to avoid those cuts.

[woo me with science]

17. The military industrial complex can bank on this.

It is all theater. There was never any serious thought of cutting defense, and there won't be. The priorities are disgustingly clear.

[customerserviceguy]

6. Depends

What's significant? Chained CPI? That doesn't add up to too much, and if government can keep inflation down, it's irrelevant anyway.

Reductions in what we pay Medicare and Medicaid providers? Maybe if we provided Federal malpractice insurance for doctors and hospitals that treat those patients, we could live with that.

All I can say is, I see the House still being held by the Repigs, and the Senate going over to them, so the last line of defense we have is a President with a veto pen, who got re-elected because the Rethugs were stupid enough to nominate either someone who the fundies won't vote for, or an idiot pizza baron with a gropinator problem.

[meow2u3]

7. The only Social Security cuts I'd get behind is to take some benefits away from the 1%

Leave the SS benefits for the 99% alone. The greedy old farts have the golden parachutes they stole from us to retire on. They don't need SS benefits.

[TheKentuckian]

8. Damn! Who lurves them some Boner on here? Negative territory on this?

Neolib hustle in full effect.

[krawhitham]

9. This is just Boehner dreaming

[polichick]

10. I agree with your assessment - and also think the super committee is a super con.

[NorthCarolina]

11. He's just sticking to the 'script' that was penned by the GOP and Conserva-Dems. nt

[Skittles]

12. what an asshole

"Without real reform on the entitlement side, I don't know how you put any revenue on the table."

he has that COMPLETELY backwards

[quaker bill]

14. Fix the tax code first

Once taxes are raised and actually collected at reasonable rates, then deal with a shortage of funds if still necessary. Fixing the tax code would mean that no corporation would make billions in quarterly profits and owe nothing, they would owe a significant slice every time. They could reduce their tax burden in two ways, build new plants and facilities in the US and staff them, or pay higher wages and benefits to the staff they have in the US, all other options need to be off the table.