Debate #1

[RIJIMMY]

Originally Posted by spence

Making the Bush cuts permanent and cutting another 20% adds 5 TRILLION to the deficit over 10 years. This is from the CBO.

-spence

yawn, you used to be above partisan talking points
- from Factcheck.org

To be clear, Romney has proposed cutting personal federal income tax rates across the board by 20 percent, in addition to extending the tax cuts enacted early in the Bush administration. He also proposes to eliminate the estate tax permanently, repeal the Alternative Minimum Tax, and eliminate taxes on interest, capital gains and dividends for taxpayers making under $200,000 a year in adjusted gross income.

By themselves, those cuts would, according to the nonpartisan Tax Policy Center, lower federal tax liability by “about $480 billion in calendar year 2015” compared with current tax policy, with Bush cuts left in place. The Obama campaign has extrapolated that figure out over 10 years, coming up with a $5 trillion figure over a decade.

However, Romney always has said he planned to offset that massive cut with equally massive reductions in tax preferences to broaden the tax base, thus losing no revenue and not increasing the deficit. So to that extent, the president is incorrect: Romney is not proposing a $5 trillion reduction in taxes.

And yes, I do believe in fairy dust

[spence]

Originally Posted by RIJIMMY

Romney is not proposing a $5 trillion reduction in taxes.

And yes, I do believe in fairy dust

Clearly, because without specifics that's exactly what he's proposing.

-spence

[Jim in CT]

Originally Posted by spence

Clearly, because without specifics that's exactly what he's proposing.

-spence

Spency, what about that $40 trillion gap I asked you about? Nothing to say? Not at all? Can you at least admit that you have no idea how to address that gap, and that therefore those programs might genuinely need a haircut in order to be saved? Would it literally kill you to admit that?

Now I know why Obama stunk last night. I needed Al Gore to explain it...it was the high altitude in Denver. I guess the atmosphere is racist.

Gore blames Denver altitude for Obama's debate performance | Fox News

[spence]

Originally Posted by Jim in CT

Spency, what about that $40 trillion gap I asked you about? Nothing to say? Not at all? Can you at least admit that you have no idea how to address that gap, and that therefore those programs might genuinely need a haircut in order to be saved? Would it literally kill you to admit that?

Nobody has a plan to fully address the increase in estimated spending.

There was a good report I saw the other day that showed the Obama and Ryan plans for Medicare had about the same impact, just achieved via different means. Romney is even worse as he's making promises he can't keep to maintain spending levels longer than Obama.

-spence

[Jim in CT]

Originally Posted by spence

Nobody has a plan to fully address the increase in estimated spending.

There was a good report I saw the other day that showed the Obama and Ryan plans for Medicare had about the same impact, just achieved via different means. Romney is even worse as he's making promises he can't keep to maintain spending levels longer than Obama.

-spence

"Nobody has a plan to fully address the increase in estimated spending."

Paul Ryan does. Your side attacked him for it, and offered exactly nothing as an alternative.

[spence]

Originally Posted by Jim in CT

"Nobody has a plan to fully address the increase in estimated spending."

Paul Ryan does. Your side attacked him for it, and offered exactly nothing as an alternative.

He really doesn't. His plan relies on ridiculous revenue increases and spending cuts that would have to be absorbed by states none of which are prepared.

I can give you a plan...doesn't mean it's a feasible one.

-spence

[Jim in CT]

Originally Posted by spence

He really doesn't. His plan relies on ridiculous revenue increases and spending cuts that would have to be absorbed by states none of which are prepared.

I can give you a plan...doesn't mean it's a feasible one.

-spence

Spence, you didn't have to tell me (or anyone here) that you don't like Ryan's plan. The point is, Ryan is a congressman from Wisconsin, and he had the political courage to announce a plan that he knew he would get attacked for.

What better alternative has Obama suggested in 4 years? None. And if Obama isn't going to change the plans, how has he said he'd get the $40 trillion? Not a peep.

And that's fine with you. You are critical because you don't like Ryan's plan, but you are in love with Obama, who has offered exactly nothing. Actually, by taking billions from Medicare to fund Obamacare, he is making it worse, but why quibble?

Good day.

[Slipknot]

It's times like these that I wish Ross Perot had the stones to stay in the race back when he ran instead of dropping out then getting back in after the media investigated his family(he should have expected thatand had thinker skin to deal with it) Perot would have gotten this country out of debt I believe. He was on the right track.
But then again, once the democrats got back in power, it would have all gone to heck anyway

I think Romney won this debate

[RIJIMMY]

Originally Posted by spence

Clearly, because without specifics that's exactly what he's proposing.

-spence

as opposed to the concrete plan of hope and change 4 years ago......