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Politics : American Presidential Politics and foreign affairs

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To: TimF who wrote (45875)	9/13/2010 9:06:22 PM
From: DuckTapeSunroof	Read Replies (1) of 71588

Can't have it BOTH ways.... Call for "deficit reduction" and yet never act to reduce structural budget imbalances. (But, hey! It's political silly season so I expect NOTHING ELSE out of the politicians.) PS --- I think I detected a hint in the political air today (towards a possible after-election compromise by the parties, most likely during a post-election lame duck session.) Senator Webb indicated that, although he supported the idea of the TOP marginal rate being allowed to rise back to the Clinton year levels --- he also thought that the FLOOR should be raised for it (above the '$200,000 - $250,000' level that the President has talked about). Webb was talking about $5 million a year in annual income (or something like that) so I can imagine that someplace in the middle might be where both sides strike the deal.... Perhaps above $1 Million a year, maybe as high as $3 Million. All the public opinion polls show the public to be (by big majorities) both: seriously concerned about federal deficits and seriously in support of millionaires paying a bit more.....

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