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Originally Posted by #^&#^&#^&#^&#^&#^&#^&#^&#^&#^&#^&
I dislike the fact that O'bama used prime time to grandstand and lobby the country for what he wants when everyone else says no new taxes.
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The deadline is August 2nd and there still is no deal. I don't think his speech was grandstanding, it was a dose of reality. A part of the GOP is holding the entire US economy hostage in an attempt to get Obama to capitulate.
While most people think the Federal Government spends too much, also I think the polls have pretty consistently shown that people favor a balanced approach to deficit reduction in alignment with the findings of the bi-partisan debt commission.
You say you don't want a tax increase (for the wealthy mind you) but a default would likely increase borrowing costs for EVERYBODY. Perhaps you think the middle class is doing great and can take that extra point on their mortgage.
And don't forget that the majority of the current deficit is due to the Bush tax cuts, the Bush Prescription Drug entitlement, two wars Bush started and Bush led bail out the Banks. Bi-partisan problems require bi-partisan solutions and some compromise.
There is a way out of this mess but your Obama hate is just getting in the way.
-spence