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Republiscums pushing the Ryan tax cuts for billionaires are pushing for the destruction of the USA

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TheBigotBasher Donating Member (1000+ posts) Send PM | Profile | Ignore Thu Jun-23-11 04:18 PM
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Republiscums pushing the Ryan tax cuts for billionaires are pushing for the destruction of the USA


The Congressional Budget Office reported Wednesday that the nation probably will owe outside creditors more than the size of the entire economy in 10 years.

The forecast -- a public debt equal to 101% of the economy in 2021, and rising to 187% by 2035 unless dramatic changes are made -- should be a warning to President Obama, Congress and Vice President Biden's band of bipartisan negotiators meeting daily to devise just a short-term fix.

By comparison, last year's long-term budget outlook from CBO forecast a public debt equal to 87% of the economy by 2020. The difference -- 14% -- would be about $2 trillion based on today's economy, even more as it grows.


http://content.usatoday.com/communities/theoval/post/2011/06/obama-congress-warned-national-debt-growing-faster/1

Republicans spurred on by their anti American wing, the Tea Party Terrorists want to raise taxes on those on lower income brackets, wipe out benefits and services and effectively scrap social security all to cut taxes for the very richest 0.1% to 25%. This would be one of the lowest top rate taxes in the World.
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