The Debt Ceiling and Our Fiscal Crisis

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Uploaded by on Jul 28, 2011

Congressman Jeff Fortenberry explains the circumstances that have led to the current crisis as Congress seeks a resolution on the government's spending limit.

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News & Politics

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  • likes, 6 dislikes

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  • What is with blame? Let's focus on facts and support the efforts to get ou of this mess!

  • clinton had a republican senate and house knucklehead- check facts

  • @hemiforever Tax cuts generally increase revenue because of increased incentive and opportunity. The 2003 Bush tax cuts did not cause revenue to fall. Over-spending caused our deficits, not lack of revenue.

    The liberal Bush was one of the irresponsible Republicans I mentioned - he failed to stop the current disaster, started by Democrats under Clinton.

  • What I'd really like to see when you folks make your pie charts is you tie mandatory spending categories to their taxes, and you tie discretionary spending to its revenue. Medicare has a tax, SSN has a tax, and there is unemployment ins that employers pay into. What I'd really like tos ee is where the income tax and corporate taxes go towards the discretionary spending.

  • Yes, we all need to tighten our belts, but most Republicans believe "shared sacrifice" means that the middle and working classes should tighten their belts while the upper class gets all the privileges and tax cuts for the possible chance they may toss their table scraps to everyone else.

  • terrific videio! I like the plain speaking foundation and the very little bias.

  • @thorthistle03 fark, civil dialogue? are you new at this internet thing?

  • @SteveRiese That smacks in the face of evidence. Bush took a 365 billiion surplus and blew it on tax cuts and two discretionary wars.

  • @Ishkur23 Yes, but the chicken hawks thought they could pay for it with Iraqi oil

  • @thorthistle03 Hannibal Lechter also spoke in a neutral tone.

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