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Old 11-02-2009, 09:01 AM
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Default 95% Top Marginal Tax Rate Needed to Close 2010 Deficit

See here.

Note that this isn't to pay down the national debt; this is just closing the gap between income and expenditures created within one year.
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Old 11-02-2009, 10:35 AM
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But we need health care reform and that stimulus bill saved us.....didn't it???????????
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Old 11-02-2009, 11:28 AM
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Originally Posted by bytor2112 View Post
But we need health care reform and that stimulus bill saved us.....didn't it???????????
And now they're talking about another stimulus bill.
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Old 11-02-2009, 11:40 AM
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But it feels so good now that other countries like us....they do right???? And now that we closed GITMO and ended the Patriot Act....they have done all that...right? And President Obama said the the stimulus bill would prevent unemployment from going over 8%...that happened right? And I am so happy that President stopped signing bills with earmarks....he did right?
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Old 11-02-2009, 05:11 PM
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This guy is proposing to close the national deficit in a one year period?
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Old 11-02-2009, 06:11 PM
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Why not, Moksha...didn't we double it in one year?
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Old 11-02-2009, 06:46 PM
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Why not, Moksha...didn't we double it in one year?
Triple......
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Old 11-02-2009, 07:26 PM
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Quote:
Originally Posted by Moksha View Post
This guy is proposing to close the national deficit in a one year period?
Just for clarity: this is the annual budget deficit, not the cumulative national debt, that he's talking about.
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Old 11-02-2009, 08:29 PM
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Originally Posted by Just_A_Guy View Post
Just for clarity: this is the annual budget deficit, not the cumulative national debt, that he's talking about.
How were you able to make that disinction?
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Old 11-02-2009, 08:57 PM
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Quote:
Originally Posted by Just_A_Guy View Post
See here.

Note that this isn't to pay down the national debt; this is just closing the gap between income and expenditures created within one year.
And what happened to the 1.7 trillion debt that was left over from last year?
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