On Wed, 23 Feb 2011 01:24:24 -0500, wrote:

On Tue, 22 Feb 2011 23:14:21 -0500, bpuharic wrote:

or they could restore the bush tax cuts...taht would elminate AOT of
the deficit since those cuts are the single largest component of the
deficit


I agree they should have let ALL of the tax cuts expire but don't
expect that to do much for the deficit.
It was only supposed to be $700 Billion over 10 years for the $250K
and above people.
If you let all of the cuts expire it was $3.7 Trillion over 10 years.
That is still only about a third of the deficit.

http://money.cnn.com/2010/09/15/news...faqs/index.htm

agreed. we need spending cuts, in defense and medicare, AND tax
increases. unfortunately.

wall street's done us no favors regardless of what the right thinks