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| Topic: Geithner: Congress must act now to aid economy | |
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Washington must act to avoid damaging economy: Geithner
By Reuters A wave of tax increases and billions of dollars in automatic spending cuts would cause "a lot of damage" to the fragile economy, Treasury Secretary Timothy Geithner said on Monday. Tax breaks for all Americans are set to expire at the end of the year, and $100 billion in cuts to domestic and military programs are set to take effect in January if Congress does not agree on a new deficit-cutting deal. "Many people who look at this say that, yes, you'd at least get a recession out of this," Geithner said on PBS' Charlie Rose television show. "The cumulative size of those cuts - tax increases and spending cuts - are very, very large relative to the economy," he said. http://nbcpolitics.msnbc.msn.com/_news/2012/07/24/12924783-washington-must-act-to-avoid-damaging-economy-geithner?lite =-=-=-= I'm concerned that the same nincompoops who brought us the fake budget crisis which caused us to lose our credit rating and pay higher interest on all our national debt are about to do it again!! I;m also getting rather irritated that these ignoramuses in DC are not able to make some decent decisions to really help alleviate our financial condition. Case in point. EVERYONE agrees that we should extend Bush tax cuts to those earning less than $250K annually. So why wasn't this law yesterday?! At the very least get the things we all can agree on written and executed and then stop the toddler tantrums and name calling alright?! 
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Not like they've had oh say 3 1/2 years to do something about it.
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Not like they've had oh say 3 1/2 years to do something about it. Exactly, but it did take him several years to file his own taxes.
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Washington must act to avoid damaging economy: Geithner By Reuters A wave of tax increases and billions of dollars in automatic spending cuts would cause "a lot of damage" to the fragile economy, Treasury Secretary Timothy Geithner said on Monday. Tax breaks for all Americans are set to expire at the end of the year, and $100 billion in cuts to domestic and military programs are set to take effect in January if Congress does not agree on a new deficit-cutting deal. "Many people who look at this say that, yes, you'd at least get a recession out of this," Geithner said on PBS' Charlie Rose television show. "The cumulative size of those cuts - tax increases and spending cuts - are very, very large relative to the economy," he said. http://nbcpolitics.msnbc.msn.com/_news/2012/07/24/12924783-washington-must-act-to-avoid-damaging-economy-geithner?lite =-=-=-= I'm concerned that the same nincompoops who brought us the fake budget crisis which caused us to lose our credit rating and pay higher interest on all our national debt are about to do it again!! I;m also getting rather irritated that these ignoramuses in DC are not able to make some decent decisions to really help alleviate our financial condition. Case in point. EVERYONE agrees that we should extend Bush tax cuts to those earning less than $250K annually. So why wasn't this law yesterday?! At the very least get the things we all can agree on written and executed and then stop the toddler tantrums and name calling alright?!
who exactly? let's have some names. |
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They won't do nothing until after November elections, too busy covering their butts.
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Washington must act to avoid damaging economy: Geithner By Reuters A wave of tax increases and billions of dollars in automatic spending cuts would cause "a lot of damage" to the fragile economy, Treasury Secretary Timothy Geithner said on Monday. Tax breaks for all Americans are set to expire at the end of the year, and $100 billion in cuts to domestic and military programs are set to take effect in January if Congress does not agree on a new deficit-cutting deal. "Many people who look at this say that, yes, you'd at least get a recession out of this," Geithner said on PBS' Charlie Rose television show. "The cumulative size of those cuts - tax increases and spending cuts - are very, very large relative to the economy," he said. http://nbcpolitics.msnbc.msn.com/_news/2012/07/24/12924783-washington-must-act-to-avoid-damaging-economy-geithner?lite =-=-=-= I'm concerned that the same nincompoops who brought us the fake budget crisis which caused us to lose our credit rating and pay higher interest on all our national debt are about to do it again!! I;m also getting rather irritated that these ignoramuses in DC are not able to make some decent decisions to really help alleviate our financial condition. Case in point. EVERYONE agrees that we should extend Bush tax cuts to those earning less than $250K annually. So why wasn't this law yesterday?! At the very least get the things we all can agree on written and executed and then stop the toddler tantrums and name calling alright?!
who exactly? let's have some names. Here's the full list: http://en.wikipedia.org/wiki/112th_United_States_Congress |
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Fella's get it right, it's Tim "Tax Cheat" Geithner! |
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That dude pretty good avoiding damage to his bank account by skipping out paying his fair share LOL |
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Romney Agrees with Geithner publicly:
http://news.yahoo.com/romney-accidentally-sympathizes-obama-135524232.html Mitt Romney inadvertently blurted out an Obama campaign talking point last night while discussing the impending "fiscal cliff" facing Congress. In an interview on CNBC's The Kudlow Report, Romney said whoever wins the election this fall shouldn't be unfairly blamed for the coming fiscal crisis prompted by the expiration of the Bush tax cuts and the rise of budgets cuts from sequestration. "We ought to give, whichever president is going to be elected, at least six months or a year to get those policies in place,” Romney said. In a statement by spokeswoman Lis Smith, the Obama campaign took a break from attacking their opponent: "We agree." |
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