Right, well, fundamentally, is it not true that the deficits continue to rise and rise steadily because they are increasing faster than econ...
And it also increases the risk, as Erskine Bowles and Alan Simpson told us, of a fiscal crisis that might occur.
It balances in 10 years. It does not just use the word 'balance.' Its revenue equals its outflow.
The President says this budget raises taxes $580 billion over 10 years, but the budget actually calls for $1.1 trillion in tax increases.
Those three studies--European Central Bank, IMF, and the Bank for International Settlements--also used gross debt, and each one of those ana...
In this paper, 'public debt' refers to gross central government debt.
We need to avoid that crisis and we need more help from this administration to get our debt level down.
We have the highest corporate tax rate in the world, and we should be using that to reduce the corporate rate rather than increasing spendin...
the gross debt of the United States in 2013 is $17.2 trillion, and in 2023, it is $25.4 trillion, a net increase of $8.2 trillion
I read your budget, it increases taxes in plain numbers by over $1 trillion, and it increases spending by almost that same amount, virtually...
the President's statement was very strong.
We need to reduce our deficits
It increases spending almost $1 trillion and increases taxes a similar amount.
This is not a compromise plan. It is a tax-and-spend plan that does not alter the debt course of America, and that debt course, as Mr. Bowle...
Isn't your compromise hiding over a half trillion dollars in tax increases over the current baseline?
it does not produce a balanced budget.
I am disappointed that we are constricted.
We just had a $616 billion tax increase, averaging about $60 billion a year extra income, and we are having recovery from the recession, the...
