TexasWife25
Porn Buddy
- Joined
- Dec 6, 2011
- Posts
- 6,951
The president released his new budget yesterday, and yet, there were no threads about it? Odd ...
http://www.washingtonpost.com/rf/image_606w/2010-2019/WashingtonPost/2012/02/13/National-Economy/Images/w-ezra.jpg?uuid=CNw7OFaCEeGtp1GosVbTGg
"So low- and middle-income families would pay a bit more under Romney’s tax plan, but high-income families would pay a lot less. Taxes would also fall far short of spending. A realistic estimate of federal spending over the next decade is in the 22-23 percent of GDP range. Romney’s revenues are five to six points below that, and because Romney has promised to balance the budget without cutting defense spending, he would have to cut every domestic spending program, including Social Security and Medicare, by more than 35 percent to make his numbers work. "
http://www.washingtonpost.com/blogs...mneys-budgets/2011/08/25/gIQA0q35AR_blog.html
http://www.washingtonpost.com/rf/image_606w/2010-2019/WashingtonPost/2012/02/13/National-Economy/Images/w-ezra.jpg?uuid=CNw7OFaCEeGtp1GosVbTGg
"So low- and middle-income families would pay a bit more under Romney’s tax plan, but high-income families would pay a lot less. Taxes would also fall far short of spending. A realistic estimate of federal spending over the next decade is in the 22-23 percent of GDP range. Romney’s revenues are five to six points below that, and because Romney has promised to balance the budget without cutting defense spending, he would have to cut every domestic spending program, including Social Security and Medicare, by more than 35 percent to make his numbers work. "
http://www.washingtonpost.com/blogs...mneys-budgets/2011/08/25/gIQA0q35AR_blog.html
