Republicans decidedly not impressed with Obama’s “grand bargain” head-fakery

posted at 8:41 am on July 31, 2013 by Erika Johnsen

With much ado about absolutely nothing, and accompanied by his usual and so very delightful attacks on Republicans for clearly being motivated by nothing in this world beyond the desire to thwart him personally, President Obama introduced a faux attempt at a “grand bargain” in yet another speech on Tuesday wherein he would supposedly cede corporate tax reform to Republicans in exchange for “investments” in infrastructure and education, a raise in the minimum wage, etcetera. (…I.e., the only ideas he seems to have in relation to economic growth. One wonders how we ever managed to get along before the federal bureaucracy metastasized into its currently huge and malignant form.) The president also accused the GOP of “passing over long-term fiscal challenges” at the expense of the middle class — which is weird, seeing as how the president’s speech contained nary a mention of entitlement reform. Odd.

Of course, the president really has no intention of lowering tax burdens or even revenue neutrality; rather, the small reductions in rates he’s offering would be more than offset by the lost deductions and preferences with which he wants to do away, resulting in a net increase in revenue with which he can pay for his precious “investments.” The Republican leadership was not impressed:

“This proposal allows President Obama to support President Obama’s position on taxes and President Obama’s position on spending, while leaving small businesses and American families behind,” said Michael Steel, spokesman for House Speaker John Boehner. …

Plus Senate Republican Leader Mitch McConnell suggested the move could suck the wind out of an effort by a bipartisan duo on Capitol Hill to push for broad-based tax reform this year.

McConnell, on the floor said the proposal “represents a serious blow to one of the best chances for true bipartisan action in Washington.” He called it a “rebuke” to Senate Finance Committee Chairman Max Baucus, D-Mont., who along with House Ways and Means Committee Chairman Dave Camp, R-Mich., is trying to build support nationally for a massive tax code overhaul.

Also, via Roll Call:

Lawmakers regarded President Barack Obama’s latest attempt to engage them on an economic proposal as largely irrelevant Tuesday, with neither Democrats nor Republicans viewing it as an actual step forward toward breaking their ongoing budget impasse. …

“I don’t think they’ve been acting in good faith. I really don’t, in the sense of really trying to bring both sides together,” Sen. Orrin G. Hatch, R-Utah, said Tuesday.

“I think they’re hoping that there will be some maverick Republicans who will ignore the basic Republican doctrines and do this with them with all the Democrats,” the top Republican on the Senate Finance Committee continued. “It’s clear they want a very liberal approach toward everything, especially tax reform.” …

Anyhow, it’s really much more about creating a messaging platform from which to stand above the fray come the all-important 2014 midterms than any serious attempt at good-faith compromise, which is precisely what the president wants to be able to claim he’s doing. But as the WSJ explained, Obama’s “grand bargain” was meant to be a bargain for precisely nobody… except Obama:

This isn’t a serious proposal, and he knows it. It also isn’t bipartisan, since he is offering a compromise with appeal to the ideological spectrum running from Elizabeth Warren to Chuck Schumer. Perhaps these are the only Members of Congress whom Treasury Secretary Jack Lew has in his iPhone.

The real bipartisan reform opportunity would be to get behind the chief Senate and House tax writers, Democrat Max Baucus and Republican Dave Camp. They’ve been holding hearings on tax reform for years, and Mr. Baucus has even invited all Senators to send him a list of tax provisions they’d like to retain and why. …
The problem, as ever, is that Mr. Obama simply can’t get over his ideological fixation to keep tax rates as high as possible. We say “ideological” because his own advisers concede that a 35% rate hurts U.S. business competitiveness.


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But they’re all too willing to jump into bed with Obama on comprehensive illegal-immigrant amnesty.

What a bunch of frauds.

BuckeyeSam on July 31, 2013 at 8:45 AM

Progressive president creates false talking point for willing media and supporters. What else is new?

rob verdi on July 31, 2013 at 8:45 AM

Republicans Limited government Conservatives decidedly not impressed with Obama’s “grand bargain” Boehners’ Amnesty and Obamacare defunding head-fakery.

gop……THE DEAD PARTY.

PappyD61 on July 31, 2013 at 8:46 AM

Obama was awesome why won’t the gop compromise with him
-msdnc talking heads

cmsinaz on July 31, 2013 at 8:48 AM

Republicans decidedly not impressed with Obama’s “grand bargain” head-fakery

Erika,

You’ve apparently not been listening to ABC News this morning. The rat-eared coward is going to the hill to huddle with Democrats because the GOP is just shooting this brilliance down because of the messenger. Apparently, it isn’t that Republicans are unimpressed with the grand bargain. It is because the GOP will never EVER admit that a black man has a good idea.

Did I mention just how much a worthless hack Ann Compton is?

Happy Nomad on July 31, 2013 at 8:50 AM

Seriously, I wish the GOP would start ridiculing Obama and other Dems about their cluelessness on economic matters. People like Obama, Schumer, and Warren could run lemonade stands. Yeah, sure, neither could clowns like McCain and Graham. But the GOP should be marching out those on their side who actually know something and have them explain some hard truths and ask Americans who are they going to listen to. Knowledgeable GOPers or demagogic Dems.

Start drawing some contrasts, for crying out loud.

BuckeyeSam on July 31, 2013 at 8:50 AM

“I think they’re hoping that there will be some maverick Republicans who will ignore the basic Republican doctrines and do this with them with all the Democrats,” the top Republican on the Senate Finance Committee continued. “It’s clear they want a very liberal approach toward everything, especially tax reform.”

Gee, I wonder who they have in mind? Maybe a certain POS Senator from Az.

Flange on July 31, 2013 at 8:51 AM

Did I mention just how much a worthless hack *Ann Compton is?

*the new Helen Thomas.

PappyD61 on July 31, 2013 at 8:53 AM

We are $17 tril in debt and Oclueless wants to convince the family he will cut back on the grocery budget and clothing expenses in exchange for buying himself a new car….#awesome.

hillsoftx on July 31, 2013 at 8:56 AM

“Transferring data from ad.doubleclick.net”–

–love how that seems to hold up the postings (and the scripts message too). How many cookies are on this page anywhoo?

PappyD61 on July 31, 2013 at 8:58 AM

Obama puts the sh*t in bullsh*t.

Obama’s experience, by his own admission, was running a campaign.
But there is a big difference between running a campaign where all you do is ask people for their money vs running a business where you have to create wealth by creating some sort of product.

In short, Obama is used to redistributing the wealth of others to his campaign. He has no concept of what is involved in creating wealth.

ProfShadow on July 31, 2013 at 8:59 AM

The Pubs will posture a while, then give Obama what he wants.

Liam on July 31, 2013 at 8:59 AM

…spokesman for John Boner and quoting Mitch McNothing?…were you trying to quote Republicans?…your funny!

KOOLAID2 on July 31, 2013 at 9:03 AM

OT: Phony scandals, right?

The liberals in our federal bureaucracies are unbelievable. It’s being reported that Lerner at the IRS was feeding prohibited confidential tax information to the general counsel’s office at the FEC.

http://www.nationalreview.com/corner/354801/e-mails-suggest-collusion-between-fec-irs-target-conservative-groups-eliana-johnson

BuckeyeSam on July 31, 2013 at 9:03 AM

The current Administration since taking office in January 2013, is formulating guidelines on how best to blame the previous Administration (2009-2013) for the current array of problems. Seems the present Administration “inherited” this mess.

And…watch for the markets to tumble…Obama is winging it and it shows. No growth this past quarter. 1.7%? maybe 1.3% In real numbers once everything is revised in a few weeks…downward.

The Obama economy is just skyrocketing, ain’t it? Limp as an Anthony Weiner.

This one is all Obama.

As for the RINO Party, once known as the Party of Lincoln and Reagan, thanks for nothing, guys. Too busy? Too much on your plate? Trying to get a White House invite for Hip-Hop and Wagyu night?

Actually heard Treasury Secretary Lew highlight Sens. Lindsey Graham and John McCain as possible negotiators with the White House working on bi-partisan solutions. Bipartisan? McCain and Graham are Democrats.

coldwarrior on July 31, 2013 at 9:04 AM

The demorats would have us believe that the only employees in America are teachers, cops, and union construction workers.

Here’s a grand bargain for them: Leave me alone. Just leave me alone.

Bishop on July 31, 2013 at 9:05 AM

While Obama still has the unquestioning support of the big media on things like immigration and social spending a policy issues, even they’ve given up in large part on being his syncopate echo chamber, thanks to his never-ending series of pivots on the economy.

They’re tired of going out and carrying Obama’s water on every PR attempt that comes down the pike to claim the president’s focused like a laser on the economy, only to see him go off to the golf course or Martha’s Vineyard. They’ll be all-in with him this fall, in any debate over overall federal funding and defunding ObamaCare, but only the truest of True Believers is going to go to the mat for Obama’s latest plan, knowing he’s likely to abandon any mention of it well before Labor Day.

jon1979 on July 31, 2013 at 9:07 AM

It’s as if Dear Liar is living in fantasy land.

Well, he did come from academia . . .

rbj on July 31, 2013 at 9:07 AM

And…watch for the markets to tumble…Obama is winging it and it shows. No growth this past quarter. 1.7%? maybe 1.3% In real numbers once everything is revised in a few weeks…downward.

coldwarrior on July 31, 2013 at 9:04 AM

The story linked at Drudge is incredible:

http://apnews.myway.com/article/20130731/DA7SG7EO0.html

The media is actually celebrating 1.7% growth!

Doughboy on July 31, 2013 at 9:10 AM

resulting in a net increase in revenue

It has become fashionable to use the word revenue instead of taxes in an effort to make government pocket-picking more palatable.

I don’t know why conservatives go along with this trend.

itsnotaboutme on July 31, 2013 at 9:10 AM

Well, he did come from academia . . .

rbj on July 31, 2013 at 9:07 AM

Hawaii? Home of the academia nuts?

coldwarrior on July 31, 2013 at 9:11 AM

The demorats would have us believe that the only employees in America are teachers, cops, and union construction workers.

Bishop on July 31, 2013 at 9:05 AM

NOT TRUE! Demonrats would have us believe that the only working Americans are union critters and Demonrat politicians. The rest of us are just deadbeats who contribute nothing to society and wish the rat-eared coward ill because he’s black.

Happy Nomad on July 31, 2013 at 9:11 AM

Hawaii? Home of the academia nuts?

coldwarrior on July 31, 2013 at 9:11 AM

Okay, that’s pretty good. ;0

Happy Nomad on July 31, 2013 at 9:12 AM

Head-fakery is Boehner’s attempt to hide his immigration bill position until September to protect members from an electorate who largely oppose it.

But fear not, they will hear it when they come back to their districts anyway. That is if they have the guts to actually hold town halls (which are not stacked with local “immigration activist groups).

I don’t believe a word that comes out of Boehner’s mouth. Look at his record.

Marcus Traianus on July 31, 2013 at 9:13 AM

“Transferring data from ad.doubleclick.net”–

–love how that seems to hold up the postings (and the scripts message too). How many cookies are on this page anywhoo?

PappyD61 on July 31, 2013 at 8:58 AM

I use Opera and its Content Blocker, which allows me to stiffarm any URL I like – like Facebook, Doubleclick, etc. Try it – you might like it.

beatcanvas on July 31, 2013 at 9:13 AM

itsnotaboutme on July 31, 2013 at 9:10 AM

The distinction is meaningless. Whatever flows into the coffers of our Government (revenue) comes from the wallets in our pockets and purses (taxes).

In other words Inflow == Sigma(outflow).

And everyone is smart enough to figure this out.

unclesmrgol on July 31, 2013 at 9:13 AM

Great news from Obamanomics… The GDP grew only 1.7% in 2nd quarter of 2013 and was revised down furthermore for 1st quarter of 2013 to just 1.1%… that is 50% reduction from the original estimate…

mnjg on July 31, 2013 at 9:14 AM

At least a mugger has the decency to say, “Gimme yo’ money!!”

Government tries to mask it by telling us “to invest” or “increase our share of revenues.”

coldwarrior on July 31, 2013 at 9:14 AM

It’s as if Dear Liar is living in fantasy land.

rbj on July 31, 2013 at 9:07 AM

Definitely living in the world where Spock has a beard. Obamacare is super awesome. The economy is booming. And Trayvon Martin was something other than a street thug who got what he deserved.

Happy Nomad on July 31, 2013 at 9:14 AM

This isn’t a serious proposal, and he knows it.

Yeah but what would a former community organizer know about running one of the world’s largest economies?

Cleombrotus on July 31, 2013 at 9:18 AM

The distinction is meaningless.

unclesmrgol on July 31, 2013 at 9:13 AM

The distinction between “revenue” and “taxes” is far from meaningless. You embarrassed yourself the other day in a thread – evidently you want to go for another round.

Revenue implies earnings. From the dictionary:

the total income produced by a given source

The government isn’t producing squat, but it would like everyone to think so. Revenue is a positive word.

Taxes, on the other hand, is a negative word that implies taking.

beatcanvas on July 31, 2013 at 9:19 AM

beatcanvas on July 31, 2013 at 9:13 AM

And, for both Google Chrome and Firefox, there is “AdBlock Plus”, an addon ad blocker. I use it and it works.

My workplace uses WebSense, which not only blocks ads from all over the place, but also blocks whatever the company thinks is “objectionable content”.

As a software enginneer, I need to know about things like “Cuda” (a way to program NVIDIA graphics adapters to act as co-processors to your CPU for parallel algorithms) and “SELINUX” (Security Enhanced Linux) and stuff associated with those are blocked by WebSense by default (Categories “gaming” and “hacking”, respectively) — and my company is so large that it takes weeks to get a blocked site opened. Thank heavens HotAir is not blocked — nor is Drudge.

In some sense, be thankful you have ads — there could be a great firewall.

unclesmrgol on July 31, 2013 at 9:20 AM

Obama’s “grand bargain” head-fakery

Probably due to Barry’s fascination with those old Moslem tales…magic carpets, growing up to become the Head Fakir.

coldwarrior on July 31, 2013 at 9:22 AM

Great news from Obamanomics… The GDP grew only 1.7% in 2nd quarter of 2013 and was revised down furthermore for 1st quarter of 2013 to just 1.1%… that is 50% reduction from the original estimate…

mnjg on July 31, 2013 at 9:14 AM

…they have to “celebrate” the current trend…before that gets corrected!

KOOLAID2 on July 31, 2013 at 9:23 AM

The story linked at Drudge is incredible:

http://apnews.myway.com/article/20130731/DA7SG7EO0.html

The media is actually celebrating 1.7% growth!

Doughboy on July 31, 2013 at 9:10 AM

Nothing is incredible with the liberal media willingness to lie in order to protect the man they created…

mnjg on July 31, 2013 at 9:24 AM

they have to “celebrate” the current trend…before that gets corrected!

KOOLAID2 on July 31, 2013 at 9:23 AM

Exactly…

mnjg on July 31, 2013 at 9:25 AM

With his “Middle Out” Economic strategy failing miserably, because he’s taxing the Middle Class out of existence, he’s talking about lower the Corporate Tax Rate, in order to get Corporations who have left the country due to the tax burden he and his fellow Democrats placed on them, to move back home, and bail him and his Political Party out.

Will expatriated American Businesses tell him to take his “Bargain” and shove it?

Does Moochelle like lobster?

kingsjester on July 31, 2013 at 9:25 AM

Obama’s standard response to 16 trillion in debt and 1 trillion + deficits is more spending.

No new spending. We can’t afford it.

weaselyone on July 31, 2013 at 9:31 AM

beatcanvas on July 31, 2013 at 9:19 AM

I’d put it another way — that you guys embarrassed yourselves. You cannot argue out of both sides of your mouth (strong immigration controls vice invasion of privacy) and expect any respect.

Putting that other argument aside — for it really has no bearing on this argument, although you would love it to…

From an economics standpoint “earnings” are the inputs to an isolated economic system and expenses are the outflow. Hence, the “earnings” of the economic system associated with our Government is taxes.

The Government does produce things — such as a security environment which is invaluable for the proper conduct of business. It also produces things (such as Obamacare) which are not valuable to anyone. But we are talking about input to the system, which is what the word “income” is all about. “income” is those dollars coming into the system (in this case, the Government).

In this case, as I pointed out above, using your definition of revenue as “income produced by a given source”, the source of income are the tax dollars which we provide to the Federal Government. Given that the Federal Government runs solely on our tax dollars — even tariffs are a tax — for the Government to provide any service to us (roads, defense, Senator Feinstein’s VISA profits), that income is essential.

unclesmrgol on July 31, 2013 at 9:32 AM

Republicans decidedly not impressed with Obama’s “grand bargain” head-fakery

But people are supposed to buy into their head-fakery?

Exactly WHAT have the repubs gotten done for the people in the last 4.5 years? What issue have they not caved on? It doesn’t matter that they are 1/3 of the government, openly fight for the people and make noise so we know who’s side you’re on.

Mimzey on July 31, 2013 at 9:37 AM

more BS from this clown, what a shock, can’t even fathom the amount of willful blindness and stupidity it takes to take him seriously.

gsherin on July 31, 2013 at 9:40 AM

But they’re all too willing to jump into bed with Obama on comprehensive illegal-immigrant amnesty.

What a bunch of frauds.

BuckeyeSam on July 31, 2013 at 8:45 AM

IS IT REALLY NECESSARY TO INSULT FRAUDS

roflmmfao

donabernathy on July 31, 2013 at 9:50 AM

The Government does produce things —

unclesmrgol on July 31, 2013 at 9:32 AM

So, show us those government owned and operated factories, farms and other enterprises?

Those which produce…a product?

The government “provides” services…not very efficiently art that, many services that individual citizens can provide themselves, or local government can do more efficiently, or State governments can do better, faster. But today, I cannot see a single product government produces.

If government is dependent on our incomes to obtain its income…but, wait, government produces a product, as you told us…so why not sell those products…and leave us alone?

It is essential, right, to operate, so government can just mug us daily? No problemo. But, if so, then why is government borrowing in sums and at rates that we all know will never ever be repaid…once you cross that magic multi-trillion threshold, the interest alone just makes that debt grow and grow and grow…sorta like a loan shark in Chicago…

Sorry, but Obama made this mess…all of it…and is trying to fob it all off on the entrepreneurs, the mom and pop’s, small businesses in order to grab a little cash from the Big Corporations. Tax theft from small businesses will grow. Tax theft from Mom and Pop’s will grow. His big donors…they’ll get a break…so they have extra cash to fork over to Team Obama…just to make sure they do not get hosed. In Chicago there are two words for this…extortion and racketeering.

Loan sharking.

Extortion.

Racketeering.

It is the Chicago way.

coldwarrior on July 31, 2013 at 9:55 AM

In this case, as I pointed out above, using your definition of revenue as “income produced by a given source”, the source of income are the tax dollars which we provide to the Federal Government. Given that the Federal Government runs solely on our tax dollars — even tariffs are a tax — for the Government to provide any service to us (roads, defense, Senator Feinstein’s VISA profits), that income is essential.

unclesmrgol on July 31, 2013 at 9:32 AM

While I understand the two of you are arguing semantics and I probably agree more with you regarding the definitions, he does have a point that politically it is better to use the term “taxes” than “revenues”. Revenue, as a term, does have less negative connotations, so when we let democrats talk about “revenue” instead of “taxes” we are missing an opportunity. Republicans should always use the term taxes instead of revenue when they can.

Monkeytoe on July 31, 2013 at 9:56 AM

OT, but speaking of Boehner — amnesty is a done deal. The top GOP donors have spoken.

http://www.washingtontimes.com/news/2013/jul/30/top-gop-donors-party-legalize-illegal-immigrants/

rrpjr on July 31, 2013 at 9:59 AM

OT, but speaking of Boehner — amnesty is a done deal. The top GOP donors have spoken.

rrpjr on July 31, 2013 at 9:59 AM

We know the GOP is going to try and do amnesty. It is up to us to try and stop it. We have to make enough house GOPers scared of losing their seats in a primary to keep it from happening. But, it is a very uphill battle. I give us a 25% shot at stopping it at best.

Monkeytoe on July 31, 2013 at 10:04 AM

Progressive president creates false talking point for willing media and supporters. What else is new?

rob verdi on July 31, 2013 at 8:45 AM

Great post and so true!
Problem being that the lie/lies by the regime have been told over and over and over for so long that our side has become the obstrucionists in the minds of LIV’s.
We are the ones that don’t want to get along with ozero not the actual facts that his polices are wrong for the country and will destroy Capitalism/Democracy.
We have been lackluster in getting the truth out and his endless lies repeated by the DBM are winning the war of what people believe.
People actually think that if we don’t go along with funding obamcare that we purposely want to shut the govt. down. If we refuse to fund obamcare they will win that PR war due to their enldess lies for years in advance. And, it will cost us House seats in 2014 and probably the Senate.
You can’t turn years of lies around in one move by either the House or Senate. You better have a longer range progam than that.They do we don’t.
If we want to turn this communist agenda around we need to pick our battles, get power, and then reverse everything we can as fast as we can and hope we are in time to save the country.

rodguy911 on July 31, 2013 at 10:08 AM

coldwarrior on July 31, 2013 at 9:55 AM

Who says that value comes solely from factories, farms, and “other enterprises”?

I would expect true added value for the Government to come from services provided outside of any of these. In fact, as we have all come to know and hate, when Government gets involved in factories, farms, and “other enterprises”, it’s precisely where the most pain occurs.

The Government’s job is outlined by the Constitution. Assuring that we are covered by the rights in the Constitution is an expensive task. Are the rights in the Constitution valuable? If so, then we must be prepared to pay for them in many ways, including out of our pocketbooks.

If you don’t think the rights in the Constitution are valuable, then you are absolutely right — you are not getting value for your tax dollars.

But the Government, like any other economic system, has income and outlays. You might not like where that income is coming from, but it is essential to the functioning of any government.

Just ask Matthew the Tax Collector.

unclesmrgol on July 31, 2013 at 10:12 AM

Monkeytoe on July 31, 2013 at 9:56 AM

I view the two as being inseperable. Again, Income == Sigma(Taxes).

We are the source of income.

Indeed, if you want to highlight the fallacy of the President’s Grand Bargain, that’s the equation you will highlight. In a balanced system, we also have Income == Outlay, and for the Government, Outlay == valid expenses + pork expenses + things we’d rather the Government not do.

All parts of the economic equation are valid for scrutiny. But when someone talks about Government revenue, I think “Internal Revenue Service” and Article I, Section 7 of our Constitution which defines the Government process for passing laws for “raising Revenue”.

unclesmrgol on July 31, 2013 at 10:17 AM

Obama puts the sh*t in bullsh*t.

Obama’s experience, by his own admission, was running a campaign.

Zero couldn’t run a campaign if his life depended on it. thats axelrods and the other commicrats job.zero’s only experience is in talking with a big radio voice and reading a teleprompter. It ends there.

rodguy911 on July 31, 2013 at 10:21 AM

I literally just finished listening to a coworker of mine spout off these talking points to everyone who would listen.

“Jim, did you hear the news? Obama just offered the Republicans everything they asked for in exchange for a little infrastructure spending on roads, and they turned it down. They are just out to destroy him.”

Keep in mind this guy thinks the greatest president of his lifetime (he just turned 50) is Jimmy Carter, because “he had the courage to tell the American people the truth” in what is now called Carter’s “Malaise Speech”.

This man is educating your children.

Mercifully, he teaches math and not American history. (Too bad he doesn’t know the correct pronunciation of “parabola” or “Descartes”. Note: they are not pronounced “purr-ab-you-la” and “Dez-Car-Tease”)

JimLennon on July 31, 2013 at 10:22 AM

coldwarrior on July 31, 2013 at 9:55 AM

unclesmrgol on July 31, 2013 at 10:12 AM

From Merriam Webster dot com:

rev·e·nue
noun, often attributive \ˈre-və-ˌnü, -ˌnyü\
Definition of REVENUE

1: the total income produced by a given source

2: the gross income returned by an investment

3: the yield of sources of income (as taxes) that a political unit (as a nation or state) collects and receives into the treasury for public use

4: a government department concerned with the collection of the national revenue

Revenue simply means money coming in. Revenue is not profit. There may be profit in revenue, but revenue does not mean profit.

Non-profit entities have revenue (income). church’s have revenue. And the gov’t has revenue (i.e., money coming in from fees and taxes).

I think the argument you two are having over “value” for the revenue is way off point. I don’t think anyone argues that gov’t does not provide some value (security, a legal system, some infrastructure). But whether the amount the gov’t is spending or the amount of revenue it is collecting is equal to the value gov’t provides is an entirely different question. I think most conservatives will argue that the gov’t provides far less value than the amount of revenue it brings in through taxes. In other words, that the gov’t does things it should not do, does things that is economically harmful, etc.

Monkeytoe on July 31, 2013 at 10:23 AM

Shouldn’t a grand bargain be the product of actual bargaining?

thuja on July 31, 2013 at 10:25 AM

All parts of the economic equation are valid for scrutiny. But when someone talks about Government revenue, I think “Internal Revenue Service” and Article I, Section 7 of our Constitution which defines the Government process for passing laws for “raising Revenue”.

unclesmrgol on July 31, 2013 at 10:17 AM

Revenue is what is brought in. What Obama is talking about is the method of bringing in revenue, which in this case is taxes. Not all revenue is brought in by taxes. Some revenue is brought in through fees, other revenue is brought in through the sale of bonds.

So, the two terms are not the same. But when we are talking about revenue derived from taxes, we should focus on the taxes, not on the revenue.

Monkeytoe on July 31, 2013 at 10:27 AM

Fluke obama. He is a boring narcissistic charlatanic thug. It’s shocking that he doesn’t get tired of sniffing his own shit.

Schadenfreude on July 31, 2013 at 10:50 AM

Wonder what the budget for smoke and mirrors is at the WH? Probably about the same as the teleprompter and those tap dancing lessons. What Obozo is really saying is oh look a squirrel! Got to distract from the fact this is his economy and all those “phony scandals” don cha know.

neyney on July 31, 2013 at 10:59 AM

Barry has been lying for so long, he no longer even knows what “truth” is.

GarandFan on July 31, 2013 at 11:26 AM

The Government’s job is outlined by the Constitution. Assuring that we are covered by the rights in the Constitution is an expensive task. Are the rights in the Constitution valuable? If so, then we must be prepared to pay for them in many ways, including out of our pocketbooks.

If you don’t think the rights in the Constitution are valuable, then you are absolutely right — you are not getting value for your tax dollars.

unclesmrgol on July 31, 2013 at 10:12 AM

The only thing the government has to do to deal with my rights defined in the Constitution is leave me alone. It doesn’t cost the government anything to NOT deprive me of my right to free speech, practice of religion, to bear arms, or any of the other enumerated rights.

You sir, are simply full of it.

PetecminMd on July 31, 2013 at 11:45 AM

“Let’s compromise and do everything exactly my way.”
Barky McJugEars

jukin3 on July 31, 2013 at 12:38 PM

They’ve been holding hearings on tax reform for years, and Mr. Baucus has even invited all Senators to send him a list of tax provisions they’d like to retain and why. …

If you have to hold hearings for years on some specific government issue, then the system is way to big and convoluted and confusing. Best argument for a flat tax I’ve heard in a while.

hopeful on July 31, 2013 at 4:27 PM