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Politics : Politics of Energy -- Ignore unavailable to you. Want to Upgrade?

To: FJB who wrote (22192)	7/27/2010 3:56:35 AM
From: Road Walker	Read Replies (1) \| Respond to of 86356

Yeah, so?

To: FJB who wrote (22192)	7/27/2010 7:27:37 AM
From: Brumar89	1 Recommendation Respond to of 86356

OT: Paul Ryan made some of the same points in this interview with Chris Matthews: Message 26712388 You have to understand, Chris, 75 percent of those people who pay that tax rate are small businesses who file as individuals, not corporations. That`s the problem with this economic argument, Chris, is when you think you`re just taxing rich people like Bill Gates, what you`re end up doing is you`re hitting successful small businesses. ........ How to quickly cut the deficit by $1.3T: RYAN: I would rescind the unspent stimulus funds. I would rescind all the TARP funds that aren`t spent. I would do a federal hiring freeze and pay freeze for the rest of the year. And I would go back and cut discretionary spending back to `08 levels and freeze that spending going forward. Now, you and I can get into a debate about Keynesian economics, whether it worked or didn`t. I don`t think it did. We increased domestic discretionary last year by 84 percent. I don`t think we should continue to build that kind of a base. Let`s go back and cut discretionary spending back to `08 levels. MATTHEWS: OK. RYAN: Rescind stimulus, rescind TARP and do a federal hiring and pay freeze. Those are just a few ideas that add up to $1.3 trillion right there. Now, let's understand that at the beginning of this segment, Matthews asked Ryan how he plans on reducing our $1.4 to $1.7 trillion deficit. The Congressman just gave cuts to eliminate $1.3 trillion, and Matthews dismissed it totally: