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From: HouseBudgetCommittee
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  • The top 10% now has 90% of the FINANCIAL WEALTH of the nation.

    This is because many in the middle class are working until April to pay off their taxes

    while many on Wall Street have paid their taxes by the end of January!

    tHIS HAS RESULTED IN US HAVING A revenue problem

    Some fools say that even if you make the top 10% pay their fair share it wont pay off the National debt

    IT WONT IN 1 YEAR, BUT IT WILL OVER TIME -- JUST LIKE WE PAID THE WW2 DEBT BY HAVING A VERY PROGRESSIVE TAX RATE FOR YRS!

  • Wage Inflation is the #1 cause of offshoring, which increases domestic unemployment. Supporting the raising of taxes in order to get a wage raise is a pretty ignorant strategy, once you understand that in short order you'll no longer have a job.

  • Ryan presents the facts

  • ~~WHAT CONSERVATIVE REPUBLICANS DON'T WANT YOU TO KNOW: When working class peoples' taxes go up, their wages go up. This is called "WAGE INFLATION" The opposite is true when taxes go down for the working class.. When taxes go down for the wealthiest there is a sudden surge in the markets followed by a GREAT DEPRESSION. Examples of this: Great Depression(1929), Reagan and Bush Jr, era depressions.****^ CONCLUSION: Higher taxes create prosperity, lower taxes create economic DEPRESSIONS.

    ^^

  • Thanks to liberal policy the world economy is crashing. We must do two things to stop the meltdown NOW!!! Firstly, we need to raise all payroll taxes 10% for one year. We also need to stop (right now) wasteful handout programs like medicare, social security, unemployment,, etc. and lower the minimum wage to $2/hr so we can compete with China for jobs. I will work with Cantor, Boehner,Paul Ryan and my other republican colleagues and take immediate action on these proposals. God bless the GOP!

  • @MrJeggus So an absolutely ridiculous response, with inability to counter my argument. Well you are either a 5 year old, or simply inept. I will go with mentally inferior, since 5 year old doesnt fit.

  • @MrJeggus funny rage lol. And FYI in cost comparison wars are a very small amount. As far as you being entitled, well unfortunately for you, the way things are going you wont have SSI or Medicare anymore.

  • Thanks Rep. Ryan.

    Ron Paul 2012

  • Last GOP budget : 170 billion dollar deficit

    Last DEM budget : 1.7 trillion dollar deficit

    10 times as much spending in 2010 versus 2006.

    Keep saying its the GOP's fault though, im sure if you repeat it enough people will believe it.

    PS. The govt brings in 2.4 trillion dollars a year. If you don't believe it can survive on that amount, then you are insane.

  • If Congress would just hold a couple of bake sales and car washes, we'd be back in the black in no time! Selling band candy is a pretty effective way to raise money, too. Say that Congress sells a box of band candy for $2 and makes a $1 profit on each box. That means that each and every American only has to buy 50,000 boxes of band candy at a total cost of $100,000. So, if you are a family of four, you only have to buy $400,000 worth of band candy to do your share. Pitch in, America!

  • Obama's Occupy movement only reminds us what an epic failure he is.

  • As Obama told the press, the public prefers his approach to the deficit. Which is to do nothing. Even the Obama Whitehouse's projected deficits with their rosy economic projections are over $1 trillion a year for the foreseeable future. Obama has no plan. Do we need four more years of no plan to avoid becoming another Greece?

  • I'm hoping for a Republican win in 2012, so hopefully we will see you as prez in 2020.

  • Just please get something done so that this debt can go away.... It is an ENORMOUS burden on the economy.. Especially for the future generations..

  • Thank you

  • Thank you

  • 10% for 3 months, then the next 10% until they quit spending other peoples

    money to get elected or free pension.

  • It is time for prison for all government employees. Not one rich guy

    has cost me a penny.

  • @katwil89 The rich should be able to keep the same percentage of their "earned money" as the person working at Burger King.

  • ~~^Hey Republican PAUL RYAN...Remember the scene in ANIMAL HOUSE where OTTER says to FLOUNDER, "Y ou f____ed up....You trusted us!"Well you are FLOUNDER & OTTER represents your institutionalized GOP buddies. When your plan to DESTROY MEDICARE(class warfare) runs it's course & your REPUBLICAN buddies admit it was always a bad idea, YOU, PAULIE, will be made to take the fall. So take my advise. Stash your CORPORATE DONATIONS. Accept one of those lucrative lobbying jobs & "start drinking heavily."

  • @poindexterwitkowsky Obamacare takes 500 billion dollars OUT of MEDICARE. Looks like you are the one doing the trusting.

  • 68% of millionaires are in favor of higher taxes on the rich. The cashier at the grocery store makes $360/week and pays $54 in tax, leaving her $306 ($1,285 monthly) to pay rent, utilities, feed her family, fix the car, pay medical bills, etc. In many cities, it would cost her entire wages just to pay the rent. If a millionaire pays 15% in taxes ($150k) it still leaves that person $850,000. Seems like a millionaire should be able to live on that.

  • HOPE & CHANGE!

  • Obama broke Bush's record deficits. I know breaking records is an accomplishment, but not in this way.

  • @MooseOfReason

    Obama only really contributed about 16% to the current deficit. The rest is really all Bush's doing.

  • thats 2 and a half light years worth....

  • Thank you, Mr. Ryan.

  • That number of there, with all the zeros, is only $15 billion. It needs to be 15,000,000,000,000,000

  • @muzjik Not quite. Here are the groupings. Hundreds, Thousands, Millions, Billions, Trillions. Each group has 3 digits. Simply put, it is 15 trillion, 000 billion, 000 million, 000 thousand, 000 hundred. That's only 12 zeros, not 15. Your number is 15 quadrillion.

  • Paul Ryan is the Man, telling the truth that no Democrat will ever be willing to tackle the deficit. If they were allowed to massively increase taxes, they would just find new programs to spend them on and not pay down the deficit. That's why it's been years since the Democrats have produced a budget. Greece here we come!

  • The political parties need to just go away, we should elect people who can keep promises, and the finferpointing needs to stop.

  • So, why are you still in office, then? I seem to recall this debt being exploded by a GOP-controlled house, senate, and white house. We do need new leaders. You aren't one of them.

  • @Sparrow99 Shut the fuck up. The debt ballooned after the democraps took over congress in 2004. 

  • @gtijerino Learn to critically think. Bush Tax cuts happened in 2001 and 2003. Of course debt would balloon in 2004 when revenue fell. Also, Operation Iraqi Liberation (changed to Freedom, can you guess why?) and Afghanistan were funded off the books until after Bush left. SUDDENLY DEBT! Whoda thunkit? Didn't you ever wonder how the Democrats spent so much? They didn't. Charges just came due on wars as tax revenue dwindled. QED.

  • @Sparrow99

    Oops I pretty much wrote the exact same thing before I even read your response. GMTA!

  • @Sparrow99 You fucking ignorant liberal piece of shit. Revenue actually INCREASED during the years 2001-2007. Unfortunately Democrats starting in 2001 and even more in 2004 when they took over congress spent their asses off. The wars IDIOT, are not the reason for this debt. Look at the numbers. The debt is caused mostly by Democrat entitlement programs such as Social Security, Medicare, Medicaid, etc, etc. Obamacare is the main reason for the debt ballooning all the way to 15 trillion.

  • @gtijerino You're wrong, sir. First, how could the democrats influence spending when the GOP-controlled congress wouldn't even give them an official meeting space? The GOP must have been complicit in the increased spending. And they were. According to the Congressional Research Service, The majority of the shift came from the recession (which started under Newt's watch in the 1990s from deregulation of the financial sector), followed by the Bush Tax cuts. (more)

  • @gtijerino Actually, the tax cuts came in third, following increased defense spending. (28%,15%,11%, respectively). President Obama's stimulus only accounts for 6% of the change in the debt projection, which is much closer to President Bush's Medicare part D giveaway (2%). And, if you didn't notice... Obamacare hasn't even been implemented yet, and it's primarily a mandate for health insurance and assorted regulations, not a spending bill; part of the liberal dissatisfaction with (more)

  • @gtijerino the Affordable Care Act ("Obamacare") is that it DIDN'T establish a "Public Option" for health insurance, but rather relied ENTIRELY on the private sector insurers to comply with regulations like "No denial of claims for preexisting conditions". This would NOT impact the debt at all; in fact, if the companies would pay taxes for the extra business conducted, it might raise revenue. You are entirely wrong in your analysis, and I suggest you find a less partisan source of information.

  • @gtijerino

    If you look at the causes of USA debts, most of it was passed -- that is, not vetoed -- by one Mr Bush. They only tripled when USA, under Obama, decided to put USA's previously "unfunded" off-the-books wars of choice ON THE BOOKS. The Bush tax cuts, the Bush wars, and the Republican-supported wage stagnation and anti-worker policies were the main drivers of USA debts.

  • @gtijerino A final correction: My meaning is that the individual mandate would generate a great deal more business for private insurers, and that would increase their profits and the subsequent tax revenue collected.

    I don't like the mandate personally, it's not a good solution compared to the public option... but it's marginally better than the status quo.

  • Ryan, you have been in office since 1999 what have you done about the debt?

  • @edomejean There's not much he can do if the democrat controlled Senate won't pass a fucking budget, you fucking idiot.

  • @gtijerino Nice language . I guess you never heard of the filibusterer  I realize it gets in the way of your logic.

    Have a nice day and grow up

  • Ron Paul's budget plan will balance the budget in three years and cancel $1.7 TRILLION in debt owned by the Federal Reserve. House Republicans need to embrace the Paul plan as the antidote to Obama!

  • @superbowlbound Well yes it is now, but when originally posted, the title was $15,000,000,000,000,000. Thanks for correcting the title so quickly Mr. Ryan, and thanks for the quick response superbowlbound.

  • We should end the current wars (and pledge not to enter any military misadventures in the future) and stop giving tax breaks to millionaires and billionaires, for starters.

    We cannot pay down the debt without raising revenue on those who can most afford to chip in.

  • @amitbarfs Military misdaventures? You mean like defending ourselves from people who want to kill us? We cannot pay down the debt without raising taxes on the people who create jobs? So cutting government spending is completely out of the question? How much of their EARNED income do you think millionaries should be able to keep? 50%? 20% none%? Why don't you write a check to the government since you think the solution to our problems is taking money away from people - money that they EARNED.

  • @katwil89

    Everyone and their grandma thinks the Bush/Obama wars in the middle east are boondoggles. Wasteful boondoggles, and I'm not just talking about the dollars wasted either.

    And yes, the unfunded liabilities like Medicare Part D, the wars, and the tax breaks and loopholes for the top 1% did majorly contribute to current public debt. But it's communist and Chinese or something to even bring up these facts.

  • Congressman Paul Ryan, I firmly believe in your message. However, $15,000,000,000,000,000 is 15 quadrillion dollars. Although it may seem that our government will spend this much under its current path, may I suggest eliminating 3 zeros?

  • @frederdude Well yes it is, but the title is 'only' $15,000,000,000,000

  • We need to start encouraging family planning and sustainable living and environmental stewardship. But those are communist or something.

  • @amitbarfs Oh, now there's a good plan! Let's start killing people. More abortions is what we need! Why don't you ask the Chinese how that family planning thing worked out for them. And all the "green" B.S. is a big part of the reason we're 15 trillion in debt. Google "Solyndra" , Mr or Ms sustainable living.

  • Comment removed

  • @katwil89

    Yeah man, sustainability and planning for future population growth is communist, or something. Whatever you're smoking, it's killing your ability to think rationally.

  • @amitbarfs.You have no facts, so you insult me - typical liberal. You've heard of China's one child policy, right? "Future population growth" is a nice way of saying forced abortions and sterilization.These are common practices in communist countries. And again, I urge you to look up "Solyndra" and other "green" companies Obama has given billions of taxpayer dollars to that are going bankrupt. What exactly does "sustainabilty" have to do with the national debt? You don't have a clue, do you.

  • @katwil89

    Congressional Budget Office in June 2011 has called for "...large and rapid policy changes to put the nation on a sustainable fiscal course."

    But sustainability measures and family planning is communist and leads to forced abortions, or something. Not sure what you're on about.

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