CBO: Senate GOP tax plan = $4 trillion+
Started by jason10006
almost 16 years ago
Posts: 5257
Member since: Jan 2009
Discussion about
They really care about the deficit, don’t they? _______________ "CBO: Senate Republicans' tax plan would cost more than $4 trillion ...Senate Minority Leader Mitch McConnell, R-Ky., introduced legislation this week that would limit the alternative minimum tax, apply the estate tax only to estates worth more than $5 million for individuals and $10 million for couples, and make income tax cuts... [more]
They really care about the deficit, don’t they? _______________ "CBO: Senate Republicans' tax plan would cost more than $4 trillion ...Senate Minority Leader Mitch McConnell, R-Ky., introduced legislation this week that would limit the alternative minimum tax, apply the estate tax only to estates worth more than $5 million for individuals and $10 million for couples, and make income tax cuts introduced by the Bush administration permanent for all income levels. Although McConnell's aides said they did not yet have a cost estimate for the proposal, the Congressional Budget Office forecast that the plan would cost more than $4 trillion during the next decade...." - The Washington Post http://www.washingtonpost.com/wp-dyn/content/article/2010/09/14/AR2010091406838.html [less]
The road to bankruptcy.
At least maybe we'll get to see sour puss Boehner smile for a change!
How far we've come from the Clinton days when people started to fear that we would completely pay down the federal debt and then there would be no more Treasury market.