Forums > Debate & DiscussPage 1 2 3 .. 10by: SpaceCowgirl

$1 Trillion

posted 25th Aug
$1 Trillion is how much Obama plans on increasing the deficit by per year.

Obama has promised approximately $800 Billion in new spending per year (8x’s as much as the Iraq war is costing us per year)
http://www.realclearpolitics.com/articles/2008/02/obamas_gloomy_biggovernment_vi.html http://money.cnn.com/2008/01/10/news/economy/costofwar.fortune/index.htm

Obama has promised tax cuts of $2.7 trillion over the course of 10 years, so $270 billion in lost tax revenue per year.
http://www.taxpolicycenter.org/UploadedPDF/411693_CandidateTaxPlans.pdf

The current federal budget is right around $3 trillion per year. That is, the US government has $3 trillion to throw around every year, and Obama has promised that he wants to include another $1 trillion in new spending.

Thoughts?
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I have 1 child & live in Oregon
posted 25th Aug
Obama is a douchebag.

the end.
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I'm due June 9th, have 3 kids & 1 angel baby & live in Santa Cruz, California
posted 25th Aug
Quoting SoCal Stephanie:“ Obama is a douchebag. the end.”



lmfao.
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I have 1 child & live in Blythewood,
posted 25th Aug
thank you for the info. Just say no to OBIDEN08!!
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I'm due October 4th (a girl), have 3 kids & live in Georgia
posted 25th Aug
I don't think he'll do all of that in such detail.

I don't know who to vote for anymore..
I feel like we'll all go down this rotten path of the new world order either way.
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I have 1 child & live in Hialeah, Florida
posted 25th Aug
Quoting shaunahjones:“ thank you for the info. Just say no to OBIDEN08!!”

....what?
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I have 1 child & live in Hialeah, Florida
posted 25th Aug
He is going to increase the taxation of those that fall in the income bracket of $200,000 a year or better. His advisor refused to admit that they were raising taxes. He simply said they would be about the same as in the nineties when the economy was better.

Bull, meet shit.
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I have 2 kids & 2 angel babies & live in Texas
posted 25th Aug
he wouldn't be a democrat if he wasn't overspending and redistributing money  
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I'm due October 4th (a girl), have 3 kids & live in Georgia
posted 25th Aug
Quoting Mavick:“ ....what?”
obama + biden.. = pbiden ... or Obiden bin laden
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I'm due October 4th (a girl), have 3 kids & live in Georgia
posted 25th Aug
Quoting shaunahjones:“ obama + biden.. = pbiden ... or Obiden bin laden”
excuse my prego fingers... = obiden...or Obiden bin laden
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I'm due October 4th (a girl), have 3 kids & live in Georgia
posted 25th Aug
Quoting Mavick:“ I don't think he'll do all of that in such detail. I don't know who to vote for anymore.. I feel like we'll all go down this rotten path of the new world order either way.”

Right. I want a redo, damnit!
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I have 2 kids & 2 angel babies & live in Texas
posted 25th Aug
personally im pickin the lesser of 2 evils, im goin mccain. plus i know out here in a military community we all seem to be leaning towards mccain just for the reason of supporting our troops and most of us seem to agree that we aren't fully ready to pull out of iraq yet.
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I have 1 child & live in Sacile, Italy
posted 25th Aug
Quoting Sticking feathers up your:“ He is going to increase the taxation of those that fall in the income bracket of $200,000 a year or better. ... [snip!] ... raising taxes. He simply said they would be about the same as in the nineties when the economy was better. Bull, meet shit.”

yeah.. some "change" LOL
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I'm due October 4th (a girl), have 3 kids & live in Georgia
posted 25th Aug
Quoting Sticking feathers up your:“ He is going to increase the taxation of those that fall in the income bracket of $200,000 a year or better. ... [snip!] ... raising taxes. He simply said they would be about the same as in the nineties when the economy was better. Bull, meet shit.”


He pretends like he's only going to raise taxes on the richest 1%. The richest 1% already pay 37% of the federal income taxes (which is about $1 trillion).

So if Obama needs another trillion, he's going to have to double the richest 1%'s taxes. That would be 78% of the richest people's income going just to federal income tax (not including FICA, state and local taxes, sales tax, etc).
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I have 1 child & live in Oregon
posted 25th Aug
Anyone know who's the green party guy?

I don't think I want either one now.
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I have 1 child & live in Hialeah, Florida
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