Originally Posted by chiefforlife
Speaking of the immediate, we have what 50 days to do something. We need to raise revenue AND make serious cuts!
Raising revenue can be done through job creation, expanding the tax base. However, that takes time. That leaves us with raising taxes as the only immediate response to raise revenue.Coupling that with cuts is the balanced approach he is talking about.
For the moment, thats all we have.
What cuts is Obama proposing? Especially since he gave us Obamacare which has $17 trillion in unfunded liabilities.
“Experience should teach us to be most on our guard to protect liberty when the Government’s purposes are beneficent. Men born to freedom are naturally alert to repel invasion of their liberty by evil-minded rulers. The greatest dangers to liberty lurk in insidious encroachment by men of zeal, well-meaning but without understanding.” — James Madison