Romney, other 2012ers (except Huntsman) call for first ever US default (user search)
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  Romney, other 2012ers (except Huntsman) call for first ever US default (search mode)
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Author Topic: Romney, other 2012ers (except Huntsman) call for first ever US default  (Read 1820 times)
Torie
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Atlas Legend
*****
Posts: 46,089
Ukraine


Political Matrix
E: -3.48, S: -4.70

« on: August 01, 2011, 12:21:57 PM »

No, they did not say they would have preferred the US not paying its bills for awhile over this deal. They just said they didn't like the deal. Who does?  Almost everyone dislikes it. That is why it was the deal.

In short Mitt was just playing politics - as usual. So what else is new?  T-Paw tempers his little stand a bit regarding the "default" thing.

It will be interesting if the campaign is as much about reforming the tax code and how as the suck economy itself. That is what is in play here, since the Bush tax cuts, all of them including the middle class tax cuts, expire right after the election. And tax changes via reconciliation cannot be filibustered if for no longer than 10 years, so the results of the election will really matter on this issue.
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Torie
Moderators
Atlas Legend
*****
Posts: 46,089
Ukraine


Political Matrix
E: -3.48, S: -4.70

« Reply #1 on: August 01, 2011, 12:41:28 PM »

That is how the Bush tax cuts were passed yes, without a super majority. That is why they last for only ten years - they were done through reconciliation.

I still don't see anything where Romney said he would have preferred no deal, and the inability of the US to pay 40% of its bills for some indefinite period of time, to this deal. 
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Torie
Moderators
Atlas Legend
*****
Posts: 46,089
Ukraine


Political Matrix
E: -3.48, S: -4.70

« Reply #2 on: August 01, 2011, 01:53:27 PM »

Thanks Moderate.
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