Obama's Deficit Plan: Class Warfare?

The White House has proposed a plan to save 3 trillion dollars over the next decade, but they've tacked on 1.1 trillion in planned war savings to try and push that up to 4 trillion. Then, there's the Buffet Rule where the president will call for a new minimum tax rate for individuals making more than 1 million dollars to ensure that they pay at least the same rate as middle-income taxpayers. Republicans have already responded by calling it class warfare. Obama also said if the super committee comes up with only cuts to entitlement programs and no tax increases, he'll veto the plan. Dean Baker, co-director of the Center for Economic and Policy Research discusses.

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[aaronpolitical]

How can making the rich pay the SAME rate as the middle class be class warfare???

Isn't that somewhat like a "flat tax" for those involved? LMAO! There is no limit to the fraud that is Republican politicians.

[aaronpolitical]

@tomperanteau Well I'm a fucking Nuclear Engineer who graduated from MIT, with a genius level IQ. And his last comment was exactly right. So *you're* actually the waste. Small business does not benefit from corporate handouts, so get a clue and stop being a corporate robot.

[johnmalcstan]

It doesn't matter what that O----prick says, Its a lie, that all he knows how to do well.

[aaronpolitical]

@Doversreturn About what?

[Doversreturn]

@aaronpolitical what would you do.

[ZhugeNaut]

This is all re-election rhetoric. Obama is just talking a lot of shit now because he doesnt have to run against anyone and everyones focused on the Republican debates.

How do I know?Look at congress.Hes practically a lame duck if he was on a second term he wouldnt be saying a peep.

When the democrats controlled congress he could have done all of those things unopposed. This is the same hope and change bullshit make no mistake.

Occupy America.

[DigitalAsianEyes]

WHO SAYS "absolute power corrupts absolutely" - the meaning and origin of this saying can be found in the 60's when they would protest in the streets NO BIG BROTHER, GOVT GET OUT OF MY LIFE, MY HOME, MY JOB.. yet today these very protesters are in the BIG GOVT Business, making Big GOVT, involved in EVERYTHING YOU DO, work - "unions", Airports, What you can do in your homes "lighting", in your pocket books "wall street" and you bitch about the RICH now in these staged protest... such sheep U R!

[Christian69g]

Alyona is one of Putins hoes...paid for by Puti...

[optionsupdate]

Alyona is the most beautiful presenter in the whole world

[PWgrizwald]

WWAD, What Would Alien's Do? An advanced civilization would not put a monetary system above other values. Technology will carry and is carrying us into the future (think alien); however this progression is slowed down by the "need" to maximize profits with every new breakthrough (i.e. rapid out-dating of cell phones).  A monetary system encourages the over-consumption of resources and is NOT a primary resource. Water, food, air, shelter, education, mobility... Basic needs degraded by money.