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Politics : President Barack Obama -- Ignore unavailable to you. Want to Upgrade?


To: koan who wrote (99094)8/6/2011 10:05:26 PM
From: bentway  Read Replies (2) | Respond to of 149317
 
In case you missed it, in the statement from the S&P:

"Compared with previous projections, our revised base case scenario now assumes that the 2001 and 2003 tax cuts, due to expire by the end of 2012, remain in place. We have changed our assumption on this because the majority of Republicans in Congress continue to resist any measure that would raise revenues, a position we believe Congress reinforced by passing the act."

NOT raising taxes on the wealthy is the rock solid position of the (R) party. They care MORE about this than the debt or deficit. So do their voters. GREED does us in.