11-18-2024, 08:30 PM
Ircx Conyers: GOP in Hopeless Position
Vice President Kamala Harris and former President Donald Trump have both made numerous promises, some in the realm of vague pledges and others backed by detailed policies, that carry hefty price tags. But Trump s proposals would add twice as much red ink to the nation s debt over the next decade as those advanced by Harris, a new analysis finds.The report from the nonpartisan Committee for a Responsible Federal Budget CRFB , a nonprofit group that focuses on fiscal issues, projected that the former president s proposals would increase th stanley cup e national debt by $7.5 trillion through 2035. The vice president s policies would raise the debt by $3.5 trillion, estimates CRFB, which pushes for lower government deficits.The committee offered a range of estimates in its report due to a lack of specifics in each candidate s proposals. Depending on those all-important details, Harris proposals could range from having essentially no financial impact on the f stanley cup website ederal debt to raising it by $8.1 trillion, the group estimates. Trump s plans could expand the debt by between $1.5 trillion on the low side and up to $15.2 trillion, according to CRFB. Whoever wins the 2024 presidential election will face an unprecedented fiscal situati stanley spain on upon taking office, the committeestatedin its report. Both the Republican and Democratic candidates for president have put forward campaign plans that would, at best, maintain the status quo and, at worst, add tremendously to Qxbm As Obama speaks at AIPAC, Romney serves pancakes and hits him on Iran
AP Former Massachusetts Gov. and potential GOP 2012 presidential candidate Mitt Romney today penned an op-ed in USA Today criticizing the tax deal, though he stopped short of urging Republicans in Congress to vote against it. Death and taxes, it is said, are life s only two certainties. But in the wake of President Obama s tax compromise with congressional Republicans, only death retains the status of certainty: The future for taxes has been left up in the air, Romney wrote. And uncertainty is not a friend of investment, growth and job creation. The deal, which Mr. Obama unveiled last week, would extend the Bush-era tax cuts for all Americans for two years, as well as extend unemployment insurance for 13 months, cut the payroll tax for one year and reinstate the estate tax at a relativel stanley thermos y low rate stanley cups uk and high threshold, among other things. While many Republicans have expressed satisfaction with this deal, they have long argued for a permanent extension of the tax cuts, arguing that making the temporary cuts permanent for America s highest earners will create economic certainty. Given the unambiguous message that the American people sent to Washington in November, it is difficult to understand how our political leaders could have stanley thermobecher reached such a disappointing agreement, Romney writes. Of course, delay now is better than an immediate tax hike. But because the extension is only temporary, a large por
Vice President Kamala Harris and former President Donald Trump have both made numerous promises, some in the realm of vague pledges and others backed by detailed policies, that carry hefty price tags. But Trump s proposals would add twice as much red ink to the nation s debt over the next decade as those advanced by Harris, a new analysis finds.The report from the nonpartisan Committee for a Responsible Federal Budget CRFB , a nonprofit group that focuses on fiscal issues, projected that the former president s proposals would increase th stanley cup e national debt by $7.5 trillion through 2035. The vice president s policies would raise the debt by $3.5 trillion, estimates CRFB, which pushes for lower government deficits.The committee offered a range of estimates in its report due to a lack of specifics in each candidate s proposals. Depending on those all-important details, Harris proposals could range from having essentially no financial impact on the f stanley cup website ederal debt to raising it by $8.1 trillion, the group estimates. Trump s plans could expand the debt by between $1.5 trillion on the low side and up to $15.2 trillion, according to CRFB. Whoever wins the 2024 presidential election will face an unprecedented fiscal situati stanley spain on upon taking office, the committeestatedin its report. Both the Republican and Democratic candidates for president have put forward campaign plans that would, at best, maintain the status quo and, at worst, add tremendously to Qxbm As Obama speaks at AIPAC, Romney serves pancakes and hits him on Iran
AP Former Massachusetts Gov. and potential GOP 2012 presidential candidate Mitt Romney today penned an op-ed in USA Today criticizing the tax deal, though he stopped short of urging Republicans in Congress to vote against it. Death and taxes, it is said, are life s only two certainties. But in the wake of President Obama s tax compromise with congressional Republicans, only death retains the status of certainty: The future for taxes has been left up in the air, Romney wrote. And uncertainty is not a friend of investment, growth and job creation. The deal, which Mr. Obama unveiled last week, would extend the Bush-era tax cuts for all Americans for two years, as well as extend unemployment insurance for 13 months, cut the payroll tax for one year and reinstate the estate tax at a relativel stanley thermos y low rate stanley cups uk and high threshold, among other things. While many Republicans have expressed satisfaction with this deal, they have long argued for a permanent extension of the tax cuts, arguing that making the temporary cuts permanent for America s highest earners will create economic certainty. Given the unambiguous message that the American people sent to Washington in November, it is difficult to understand how our political leaders could have stanley thermobecher reached such a disappointing agreement, Romney writes. Of course, delay now is better than an immediate tax hike. But because the extension is only temporary, a large por