Despite failing to get 14 votes, deficit commission optimistic


President Obama's deficit-reduction commission just adjourned and was unable to get the 14 votes (out of 18) necessary to force Congress to vote on its proposal.

But with more than a majority backing the proposal, commission members said they were optimistic Congress could still tackle deficit reduction along the lines the proposal recommended. "We should not let this proposal fall by the wayside," said GOP Sen. Mike Crapo, who supported it. "We have shown that we can get a supermajority to pass this kind of legislation."

Said co-chair Alan Simpson, a former GOP senator: "I will walk home proudly, with my head held high."

Discuss this post

Did I miss it? What was the final vote?

I appreciate the commission's efforts of bringing the deficit to the forefront...

What I didn't appreciate was the recommendations of how to reduce it being on the backs of the working poor!

Reducing tax rate of the 2% who already control this country down to 28%... you gotta be kidding!!!

  • 3 votes
Reply#1 - Fri Dec 3, 2010 11:02 AM EST

Hi Feisty

Did I miss it? What was the final vote?

I appreciate the commission's efforts of bringing the deficit to the forefront...

What I didn't appreciate was the recommendations of how to reduce it being on the backs of the working poor!

Reducing tax rate of the 2% who already control this country down to 28%... you gotta be kidding!!!

Yes you did you missed the part where the no one's talking about getting rid of the 2 wars. that would cut the defiect.

  • 2 votes
#1.1 - Fri Dec 3, 2010 11:06 AM EST

I wanna know why President Obama is wasteing TaxPayer $$ visiting Troops in Afghanistan?

Come on Republican's, lets jump allover this!

O yeah,MSNBC"z Savanah Guthrie controlling the Conspiracy theory of why POTUS cancelled a trip to Kabul.

Hey Savanah, 65 mph winds just may have something to do with it.

Dumb Twit!

    #1.2 - Fri Dec 3, 2010 12:01 PM EST

    I wish the "working poor" and "middle class" would get off their asses and work harder. Perhaps if they did they'd find themselves in better economic shape, and able to actually pay their "fair share." I use no more of the infrastructure and governmental services than anyone else. So why do I have to pay so much more than 98% of the people, 50% of whom pay nothing? How ithair in any way, shape of form?

    Why give them another break? They already pay far less of a porportionate share of the taxes collected. It was their chioce to work for someone else, to earn whatever wage they earn to qualify as "working poor" or Middile Class." And they sure as hell do nothing to add jobs.

    It's like when your kid comes to you and says "but maybe I am just average. That's why all I got were C's." We all know that's just a cop out. The kid, like the "miidle class" chose not to work hard, or get an education in something that would allow future success, or made any other of the many life choices that lead to wage slavery. Those demonized "rich" folk didn't accept the C's, and are not satisfied with "middle class" wages, and made the correct chioces.

    It's a chioce. Why are we rewarding them for their decisions to earn less than $250K per year?

      #1.3 - Fri Dec 3, 2010 12:21 PM EST

      I can't let Spanky get away with this. If you think you are so self important and so much more worthy and hard working, then move to India and make your money. It's not the government services you use up, it's the fact that you live under the umbrella called the US and you have greatly benefited. If you think you can be just as successful somewhere else - the have it. If you think that a country called the United States of Goldman Sachs would be better, then keep working for that. So long as the United States as a country can foster, keep and attract talent, we prosper. If our policies are such that our best and brightest leave for other countries, then the policies are bad. But we are a long way from that - instead we just have a bunch of self important cheap bast___s, who think everyone else is just lazy. Maybe what's fair is that people working necessary jobs for 40 hours a week shouldn't have their wages compared to what a worker makes in China and instead pay them a fair wage. Maybe it would be fair if people at the upper incomes saw their responsibility to society in larger terms, not just themselves, all the stuff they can buy, all the expensive schools they can send their kids too, and all the stuff they can leave behind.

      • 2 votes
      #1.4 - Fri Dec 3, 2010 1:21 PM EST

      Ah Rick, flying for 26 hours and not getting to meet with Karzai because it is too windy is no big deal. He still got to bust out the leather bomber jacket and got to spend a couple of hours having his picture taken with troops, etc.

      The purpose of the trip was to show his personal resolve toward ending the war. His 3 hours on the ground should cover that.

      And the war is going pretty well, except that we have lost as many lives this year since the announcement of his plan as we lost under Bush in 87 months, and the situation is worse.

      Obama's plan is to to train the Afghans to handle it themselves. That's going pretty well, except when the trainees kill the trainers like last Monday.

      Well, at least he got a distraction from the 9.8% unemployment, wikidisaster, Stop START, etc. and was out of the country for 26 hours.

      • 3 votes
      #1.5 - Fri Dec 3, 2010 1:33 PM EST

      Ummmm Bob-

      You say that we have lost many lives this year compare to Bush in 87 months in Afgan. That's because Bush was to busy in Iraq that's why.

      • 2 votes
      #1.6 - Fri Dec 3, 2010 1:54 PM EST

      Ah BeBob, I knew I could draw you out with some Stupid Comment such as you post. Train Afghans to take care of themslves, then they up & shoot our Troops. Chicken George never wooda let that happen, now would he. People like you & CU Farley & many other Idiots who post here would , No doubt, be perfectly happy, if something happened to our POTUS, while he's there.

      It's Ok with yawl that chicken george was'nt Strong willed enough to defend America's Honor after 911, but screw the BlackMan because he see's that American's Honor means more than waveing a flag ata parade.

      When Chicken George open's up his Library, you be sure & go see the Gun that cost America over 1 Trillion & counting, plus countless lives Lost & destroyed.

      I hope ya Pee allover yourself just being able to see Saddam's Pistol.

      Better Yet, blow your nose so yawl can smell some of what Sarah's cookin all across America! But be prepared to GAG!

      You Dumb Twit !

      • 2 votes
      #1.7 - Fri Dec 3, 2010 1:57 PM EST

      >Reducing tax rate of the 2% who already control this country down to 28%... you gotta be kidding!!!

      But that includes capital gains and dividends at the full rate which will raise the amount of tax revenue from the top earners. It is a very good tax plan when you look at all the parts. Much more fair than the current one.

        #1.8 - Fri Dec 3, 2010 2:00 PM EST

        >I wish the "working poor" and "middle class" would get off their asses and work harder. Perhaps if they did they'd find themselves in better economic shape, and able to actually pay their "fair share."

        This is serious or a (bad) joke?

        Someone has to do those jobs and you insult them for it? That's Republicans for you, blaming the poor for everything.

          #1.9 - Fri Dec 3, 2010 2:12 PM EST

          Just curious, might the tax bill be eligible for passage under the reconcilliation process? Indeed, weren't the Bush tax cuts approved by this process?

            #1.10 - Fri Dec 3, 2010 2:19 PM EST

            TRR,

            Had absolutely nothing to do with Iraq. All has to do with Obama shooting his mouth off during the campaign and then be forced to actually be CiC. He has proven he was unfit for command. Troops are paying the price. The above was a perfect example - nothing more than a 2012 campaign stop.

            Rick,

            If you could refute, counter, or argue anything I said - you would. But you can't - you are out of your depth.

            Nevertheless, thanks for the little girl histrionics - kinda funny (Except for the embarrassed people of Ky)

            • 2 votes
            #1.11 - Fri Dec 3, 2010 2:38 PM EST

            I don't think so Bob.

            How many troops did we have in Afghan before Iraq? Then how many troops did we have in Afghan after Iraq?

            No Bob that's not it. Bush took his eye off Afghan war to long and it started heated up again because all they were after in Iraq was the oil. I'm pretty sure that Bush said that the oil would pay for the Iraq war.

              #1.12 - Fri Dec 3, 2010 2:50 PM EST

              TRR,

              In 2002 with Operation Anaconda, troop level grew to about 10,000. At this time most of the Taliban actions were small 5-10 man operations. We lost 20 in 2002 and 17 in 2003. Not much happening at the time we went into Iraq - troops were not moved.

              You should at least read something other than swallowing the lib lie. Heck Wiki - Afghan War would improve your knowledge a 1,000%.

              • 2 votes
              #1.13 - Fri Dec 3, 2010 3:53 PM EST
              Reply

              Just for the record, I would like to know the names of the dissenters and the rational they used not to support the commissions findings; doese anyone know or is this another classified report, if this is supposed to be of the people by the people and for the people where doese the adverage joe fit in?

                Reply#2 - Fri Dec 3, 2010 12:01 PM EST

                Yo Feisty,

                I thought the plan was discontinuing deductions on the tax code, therefore, actually raising the amount one would pay at 28%.

                Instead of you:) getting to deduct your income down to the 18% range, you would not get all of those deductions, and therefore you would pay 28% instead.

                So on your $1 million-at current rates--you would pay $180,000, but had they gotten rid of all your deductions on your $1 million--you would be happy to know, you would pay $280,000.

                That is how I interrupted the commissions findings, but of course, I knew they wouldn't completely cut out all deductions, but that would be more fair.

                • 1 vote
                Reply#3 - Fri Dec 3, 2010 12:05 PM EST

                I believe that was the intent, BigBear: the net increase would be borne more by the rich with capital gains/dividends being taxed at the same rate, and the base would be widened at the same time by eliminating many deductions.

                  #3.1 - Fri Dec 3, 2010 2:46 PM EST

                  That is how I understood it as well, and am perfectly fine with that. Get rid of all the ridiculous deductions, lower the tax rate, the very richest will actually pay more because of it, and the whole process is simplified.

                    #3.2 - Fri Dec 3, 2010 3:33 PM EST
                    Reply

                    The commission did not vote the way the the press wanted so its no longer news. The whole thing a big joke staged by you know who to distract the country from the inept handling of the recession. Spend money like fools (on your friends and supporters of course) and hope the natural laws of economics (growth follows contraction) will let you claim credit for "rescuing" the nation from Repub inspired doldrums. So far hasn't worked and Obama's policies not helping and probably hurting. Indecision of this president and erratic economic and foreign policy behavior has pretty much spooked investors and most little guys too. No one knows where these lefties are taking us next. Stock market is back to where it was a few weeks ago but recent stock trends are up and down so don't bet the farm on big boom growth type stocks. The roller coaster ride is certainly not over despite trillions blown by this admin.

                      Reply#4 - Fri Dec 3, 2010 1:32 PM EST

                      if it were not so serious I'd find it down right funny that the only time this nation worries about big deficits is when a Democrat is President, after all, did'nt reygun state that "deficits were good"? Wonder why the teabaggers don't quote their hero on that one.

                        Reply#5 - Fri Dec 3, 2010 2:13 PM EST

                        All I can say is that if lawmakers on the right and the left aren't happy with the recomendations, then the pannel is probably on the right track.

                        • 1 vote
                        Reply#6 - Fri Dec 3, 2010 4:15 PM EST
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