Obama budget sets up battle with Republican-led Congress

Won't pass, and deservingly so. Corporate taxes send to offshore investing and employing. Taxing the wealthy is not the brightest idea either. They can and will simply shelter their wealth creatively. Remember as individuals they can employ teams of attorneys and accountants to preserve their wealth. Middle class, tighten those belts, your going to be financially stressed even more.

Obama is showing himself to be quite shrewd. He is setting up his successor for success. He pushes a policy that will benefit the people, and knows that the Republicans will oppose it because it was proposed by him. So in the next election they Democrats can point out how the Republicans opposed policies that benefit the people. Or on the extremely unlikely chance the Republicans actually put one of these policies in place, the Democrats can point out the policies they have enacted that benefit the people. It's a win-win situation for the democrats.

Too bad for the Republicans that they didn't figure out this tactic of coming up with alternative policy rather than opposing for the sake of opposing. But that again just benefits the democrats.

Expanding opportunity, protecting middle-class savings, holding government accountable: These are your priorities, which means they are Republicans’ priorities

Nice words completely devoid of meaning, and this is the problem for the GOP. While it seems to be all the rage now for conservatives to care for the middle class, they have no actual proposals which would do so - hence the need for vapid statements.

It'll get worse, too, as the proposals they DO have - eliminating the ACA, eviscerating unions - would actually hurt the middle class. Then, of course, there is the issue of procedure and whether the GOP can actually govern without breaking every thing it touches.

It'll be an interesting spring.

More taxes and spending, and the welfare recipients are climbing off the chart. Obama the deficit in chief ($18 trillions+) will collect more cash through speaking tours, but the future generation will bear his blunder. It is the tale of two realities, one is Obama's alternate reality, and the other is the stupidity of American people as Gruber said it.

The former Republican President handed Obama 3,000,000 out of work Americans in the 5 months before he took office, and all they have to say is that Obama must be some kind of socialist as evidenced by the deficit. Funny how that works.

Won't pass, and deservingly so. Corporate taxes send to offshore investing and employing. Taxing the wealthy is not the brightest idea either.

Anyone with a shred of business sense is, you don't punish the job creators, people such as myself can always relocate and as you said, if Obama thinks that congress is just going to roll over and give in to him, he is beyond misguided.

They can and will simply shelter their wealth creatively. Remember as individuals they can employ teams of attorneys and accountants to preserve their wealth. Middle class, tighten those belts, your going to be financially stressed even more.

Exactly.

So in the next election they Democrats can point out how the Republicans opposed policies that benefit the people. Or on the extremely unlikely chance the Republicans actually put one of these policies in place, the Democrats can point out the policies they have enacted that benefit the people. It's a win-win situation for the democrats.

They can do that and at the same time, the GOP can point out the opposite of the rising debt, the unsecured border, fears of a very weak and failed foreign policy, how many people are NOT happy with their rising healthcare premiums, the Middle East is falling before our very eyes and the Sainted Anointed one won't define what radical Islam is, won't call the Taliban terrorists, thinks that all Americans will buy into his BS narrative. This guy is a complete and utter disaster and failure. Speaking of win, win. The Democrats with this president are putting all their eggs in one basket. For some odd reason, this nut still doesn't get that the Dems were bounced out twice from both congresses with a message to STOP doing what they haven't been doing which is govern. Personally, I hope Obama gets as radical as possible, which will make the word Democrat a curse word within the next two years. There is a strong reason Hilary is trying so hard to distance herself from Obama with good reason.

Too bad for the Republicans that they didn't figure out this tactic of coming up with alternative policy rather than opposing for the sake of opposing. But that again just benefits the democrats.

Sorry, they've been in office for a month, nice try. They're just getting warmed up. The Dems are digging the biggest hole for themselves, but I think it takes a third time to hopefully show them AGAIN, how misinformed they really are.

The former Republican President handed Obama 3,000,000 out of work Americans in the 5 months before he took office, and all they have to say is that Obama must be some kind of socialist as evidenced by the deficit. Funny how that works.

You have 47 million Americans on food stamps for 37 straight months and the numbers are growing. Who is the president by the way? What was that about Obama? A socialist? He's definitely NOT a capitalist by ANY stretch of the meaning.

It seems democrats believe money grows on trees (or generated on printing presses) and it doesn't. Taxing does not generate federal wealth, perhaps short term, it will cripple the U.S. economy.

It seems democrats believe money grows on trees (or generated on printing presses) and it doesn't.

Actually, money is generated on printing presses. Perhaps you are confusing money and wealth - the latter being the full ability of a society to harness its human and capital resources for maximum productivity. Don't be embarrassed, though - Republicans often confuse these.

Some would like to embrace European-style austerity, which has resulted in declining productivity followed by more inevitable austerity. How's that working for them?

Actually, money is generated on printing presses. Perhaps you are confusing money and wealth - the latter being the full ability of a society to harness its human and capital resources for maximum productivity. Don't be embarrassed, though - Republicans often confuse these.

I guess, both sides do it, because Dems, the rich ones are the absolute people that would part with any of their wealth. But yes, for the average Democrat, they do money grows on trees, that's why they don't understand the words CUT, BUDGET, LESS SPENDING AND SAVING. But as the old saying goes give them a fish and they just want more.

Europe is already in trouble, the social socialist network and entitlement culture is slowly, but surely coming to an end. Europeans will have to get up, work and take less lunch breaks and create more productivity and get their mouths out of the government teat.

But yes, for the average Democrat, they do money grows on trees, that's why they don't understand the words CUT, BUDGET, LESS SPENDING AND SAVING.

Whereas you have republicans:

"We want more services"

"Then we'll have to raise taxes"

"Don't you dare raise taxes"

"Then we can't have more services"

"We want more services"

As for austerity, anyone who runs a business knows that if you need to cut corners in order for your business not to collapse, you are already doomed. The way to get ahead is to make more money.

MarkG: It seems democrats believe money grows on trees (or generated on printing presses) and it doesn't.

Republicans spend just fine on their own. Just look at the military budget, or the new ballooning border patrol, or forcing the states to create useless voter ID cards, or...

Taxing does not generate federal wealth, perhaps short term, it will cripple the U.S. economy.

Right, because extra taxes on people making more than a half-million a year is just going to cripple the entire economy. You guys need to use more balance and less dogma. To pay off the debt we need to spend less and generate new revenues. You need both. The Republican lie is that you can reach a better budget entirely by cutting services.

That, and trickle-down economics.

Whereas you have republicans:

"We want more services"

If we can cut the corporate tax rate, create HIGH paying jobs and cut the capitol gains tax and allow the private sector to flourish so that people can spend more on the economy, sure.

"Then we'll have to raise taxes"

Sure, but not on the middle class, how about cutting some unnecessary programs that cost too much money. ACA is a good place to start. "Don't you dare raise taxes"

"Then we can't have more services"

For the middle class the way the Anointed one is throwing out money and on top, having to pay too much for Obamacare premiums, probably not.

"We want more services"

After 645 days, we just might have a chance at that attainable goal.

Republicans spend just fine on their own. Just look at the military budget, or the new ballooning border patrol, or forcing the states to create useless voter ID cards, or...

But it's Ok for China and Russia and other rouge nations to build up theirs, but we should scale down? No thanks, I want a strong, very strong military to get these other countries thinking twice before starting something and turning that wrong corner. As for the border, there is an area in Texas that is over a mile open. So where is the Anointed one on that issue, he said that we are secure. If so, then why is there a gaping hole? You can't have a country, if you don't have a secure border. Israel does, at least they know how to make a wall. And we should have voter ID, you need a picture ID for a drivers license, a passport. Voter ID would be a great thing to stop voter fraud. I pray very much that congress will work on this.

Right, because extra taxes on people making more than a half-million a year is just going to cripple the entire economy.

No one is saying that. I don't care to pay taxes, the problem is, I pay way more than my fair share and now his majesty wants me to pay MORE? But at the same time, he wants to increase spending and wants to cut nothing, cripple the economy? Slowly. inhibit growth? Most definitely.

You guys need to use more balance and less dogma.

Interesting, coming from the party that practically invented the words "print and spend."

To pay off the debt we need to spend less and generate new revenues. You need both. The Republican lie is that you can reach a better budget entirely by cutting services.

So then, Obama should be the first one to cut the corporate tax and increase more revenue in the private sector.

But I keep forgetting, you guys like to just distribute the fish. No need to teach people how to fish. Handouts are always easier for libs.

“Expanding opportunity, protecting middle-class savings, holding government accountable:

This is code for allowing 'middle-class' billionaires like the Koch brothers to make as much as they can, pay their workers as little as possible, hide their assets overseas, and push for less regulation that might impede their insatiable greed. It's not about the middle class.

Obama has proposed a 14% tax on American companies that keep their billions in profits in foreign tax havens. Republicans are against it because they say it will kill jobs. What bunk. If these companies were investing in creating 'high-paying jobs', they wouldn't be holding their mega-profits in overseas investments. Job creation, schmob creation.

And the grass roots Tea Party working class eat up this propaganda. They will never benefit from GOP policies. Sad.

bass

don't punish the job creators, people such as myself can always relocate

You are taxed on profits after expenses. You are not taxed on the 'high salaries' you pay your employees. And don't worry, high rolling job creators like you will still pay a lower rate than during the Eisenhower, Nixon, Reagan, and GHW Bush years even if Obama gets his way (which of course he won't be allowed to).

bass4funk: But it's Ok for China and Russia and other rouge nations to build up theirs, but we should scale down? No thanks

I don't mind your position, but when you talk about cutting the deficit/debt, I think you should make it clear that there are quite a few programs that you are not willing to cut no matter how high the debt is. And on top of that, you also want a freeze on new revenues and possibly a rollback. That should be taken into account the next time you try to convince us that you are the savior of America because you want to cut unemployment benefits.

I don't care to pay taxes, the problem is, I pay way more than my fair share and now his majesty wants me to pay MORE?

You are in the top 1%? Besides, you've already made it clear that you have made a killing off of Obama. You are both the benefactor and the victim depending on what you want your next response to be.

Superlib: To pay off the debt we need to spend less and generate new revenues. You need both. The Republican lie is that you can reach a better budget entirely by cutting services.

bass: So then, Obama should be the first one to cut the corporate tax and increase more revenue in the private sector.

Corporations have more cash now than in any point in history. Trillions of dollars. On top of that the big guys are parking a lot of it overseas so not only are they making trillions, they aren't paying any taxes on it. They aren't making low paying jobs because they have no money, they are doing it because they can get away with it. It's part of the territory when Republicans lose millions of jobs in a period of months.

Besides, your dream is being implemented in Kansas and it's a disaster. I'd be curious to get your thoughts on this.

plasticmonkey: Obama has proposed a 14% tax on American companies that keep their billions in profits in foreign tax havens. Republicans are against it because they say it will kill jobs.

Well once they bring the money back into the US it will be taxed, which is why they are holding it overseas. So the question is this: just how will they create high paying jobs with money that can't be spent in America? They don't, they just build a factory in China. It's the new economy and Republicans are rehashing speeches from decades ago.

bass: Europe is already in trouble, the social socialist network and entitlement culture is slowly, but surely coming to an end.

Europe is in trouble. But they are not the US and the US is not Europe. No one is proposing a European system, but I can understand why Republican pundits say that we are (and, hence, we need patriotic Americans like yourself to stop this and save the country.)

bass: you don't punish the job creators

Again, just decades old philosophy here. We are talking about wealth creators, not job creators. There's a difference. People like Mitt Romney will either create or not create jobs if it's his his own financial interest. A company owner can outsource manufacturing to China and phone staff to India, lay off thousands of American workers, make the company look better on paper, and pocket a 7-figure bonus. Ditto that for any 1% on Wall Street.

Seriously, just read anything Warren Buffet has written about how the world really works. In the past there was a stronger link between wealth creation and job creation, but not so much these days.

This is code for allowing 'middle-class' billionaires like the Koch brothers to make as much as they can, pay their workers as little as possible, hide their assets overseas, and push for less regulation that might impede their insatiable greed. It's not about the middle class.

I hope you say the same thing about George Soros, the Hollywood elite and the geeks in Silicon valley.

Obama has proposed a 14% tax on American companies that keep their billions in profits in foreign tax havens. Republicans are against it because they say it will kill jobs. What bunk.

Well, let's put it this way, Obama is far from encouraging growth in the private sector, he just shot himself in the foot.....again!

If these companies were investing in creating 'high-paying jobs', they wouldn't be holding their mega-profits in overseas investments. Job creation, schmob creation.

Actually, if the top 1% that ARE trying to create jobs are taxed to the hilt, that gives less incentives, salaries and let's not forget the rising cost of Obamacare is not attractive for any job creator at those rates.

And the grass roots Tea Party working class eat up this propaganda. They will never benefit from GOP policies. Sad.

I see, but they should listen to the anointed one, because of his expertise in business? ROFL

You are in the top 1%? Besides, you've already made it clear that you have made a killing off of Obama. You are both the benefactor and the victim depending on what you want your next response to be.

I did well, yes! But I was referring to the middle class overall who are more and more becoming victims.

Corporations have more cash now than in any point in history. Trillions of dollars.

Some more than others.

On top of that the big guys are parking a lot of it overseas so not only are they making trillions, they aren't paying any taxes on it.

Why should they? I wouldn't either.

They aren't making low paying jobs because they have no money, they are doing it because they can get away with it. It's part of the territory when Republicans lose millions of jobs in a period of months.

So how do you explain 47 million people that are on food stamps and the rising cost of welfare for the last 37 months? Who's president now?

Well once they bring the money back into the US it will be taxed, which is why they are holding it overseas. So the question is this: just how will they create high paying jobs with money that can't be spent in America?

You will probably see more of them coming back, once Obama starts to bring down the corporate tax rate and cut the capital gains tax.

They don't, they just build a factory in China. It's the new economy and Republicans are rehashing speeches from decades ago.

And all the while, the Dems are destroying the middle class by pushing them to pay for more and more entitlements and a ever more growing nanny state.

Europe is in trouble. But they are not the US and the US is not Europe. No one is proposing a European system,

Yes, you got that right, thank God! But it's not true, most libs love the European model of socialist entitlement culture. Some may not say it outright, but what Obama has been doing is very Europeanisc.

Again, just decades old philosophy here. We are talking about wealth creators, not job creators. There's a difference.

And these wealth creators do create jobs. I never got a job from a poor person and never will.

Seriously, just read anything Warren Buffet has written about how the world really works. In the past there was a stronger link between wealth creation and job creation, but not so much these days.

Once you mentioned Buffet's name, I couldn't help but choke. One of the worst examples of a liberal 1% if I have ever seen. The man is a joke, but I respect whatever he wants to do with his money, if he believes in these causes, he should give as much of his money as possible, more power to him.

I hope you say the same thing about George Soros, the Hollywood elite and the geeks in Silicon valley.

No, I don't. They don't spend money on pushing for legislation (i.e. tax cuts and deregulation) simply to maximize their profits.

taxed to the hilt

Nonsense. Get some historical perspective on tax rates.

most libs love the European model of socialist entitlement culture

Entitlement? Not true. Remember, German productivity is the highest in the world, higher than the US. You use the words 'liberal', 'European', and 'socialist' pejoratively. Imagine if I used the words 'conservative', 'American', and 'capitalist' in the same way. Strive for some balance, friend. There's good and bad in any system, and there's always room to learn and improve.

I never got a job from a poor person and never will.

I've been hearing this one a lot recently. Real catchy. But you're avoiding the point SuperLib made.

One of the worst examples of a liberal 1% if I have ever seen.

And what's your point?