My 1994 BMW 325i just hit another milestone this last Monday as it passed 200,000.
The question now is 'Now what?'
Dear Taxpayer/Social Security or Medicare Recipient,
This is Congresswoman Charlie Rangel. Uh, I noticed that you have given to uh, other colleagues in Congress.
I am a, um, Senior Member, a thirty nine year veteran and recent Chair of the Chairman of the House Committee on Ways and Means. I’ve handled the writing of our tax laws which govern how much taxes people pay and how much (if any) benefits people receive.
I was, frankly, uh, surprised to see that we don’t have a record, so far as I can tell, of your having given to me despite my uh, long and deep uh, work. In fact, it’s been my major work, uh, on the committee and it’s been essentially having a direct impact on your quality of life.
I am, I’m simply candidly calling to ask for a contribution. As a recent senior member of the um, committee, we have (chuckles) obligations to raise, uh funds. And, I think it must have been me who hasn’t, frankly, uh, done my homework to ask for a contribution earlier. So I’m trying to make up for it by asking for one now, when we particularly, uh, need, uh contributions, particularly those of us who have the seniority and chairmanships and are in a position to raise the funds.
I’m asking you to give to Rangel for Congress. I’ll send you a follow-up note with appreciation for having heard me out. Thanks again. - Transcript found at Big Government
What I am saying is that if we are going to add to our deficit by $35 billion, $95 billion, $100 billion, $700 billion, if that's the Republican agenda, then I've got a whole bunch of better ways to spend that money - President Obama (Via The Hill)
President Barack Obama favors making the cuts permanent for middle class families, those individuals making more than $200,000 and couples making more than $250,000.The Tax Policy Center, a Washington think tank, estimates it would cost $2.9 trillion over the next decade to extend all the tax cuts, while Obama's plan is estimated at $2.5 trillion over 10 years. - Huffington Post
(CNSNews.com) - In the first 19 months of the Obama administration, the federal debt held by the public increased by $2.5260 trillion, which is more than the cumulative total of the national debt held by the public that was amassed by all U.S. presidents from George Washington through Ronald Reagan. - CNS News
I can't believe that there is any excuse to continue spending like this. None.Now comes the President's 2010 budget that is also screaming that this is something the Country can't afford.After taking office in January, Obama released a bare-bones version of his budget in February that offered a spending plan for 2010 carrying a price tag of $3.55 trillion. The White House revised up the size of the spending plan to $3.59 trillion. - Yahoo NewsAt $3.59 Trillion, the Government will be spending around $11,970 per American (Given 300 million Americans). That comes out to Government spending of $47,900 for a family of four.
This is an impossible spending figure for the country to sustain. Hell, it will take years, most likely decades of taxation just to pay this one year's deficit back. - Link