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I don't remember any from Democrats that saw $4 trillion plus in actual savings..I think one came close? Do you remember?From the report as well:In addition, it incorporates $950 billion of new revenues on the assumption that the 2001 and 2003 tax cuts for high earners lapse from 2013 onwards, as the Administration is advocating. In this scenario, we project that the net general government debt would rise from an estimated 74% of GDP by the end of 2011 to 77% in 2015 and to 78% by 2021.So, a trillion dollars in new revenue, and debt continues rising.Yes it does...it goes on to say that that simply highlights the seeming unwillingness (from either side) to tackle the structural issues that cause our debt problems. That is not the same as downgraded simply because of partisan bickering.
I don't remember any from Democrats that saw $4 trillion plus in actual savings..I think one came close? Do you remember?
From the report as well:
In addition, it incorporates $950 billion of new revenues on the assumption that the 2001 and 2003 tax cuts for high earners lapse from 2013 onwards, as the Administration is advocating. In this scenario, we project that the net general government debt would rise from an estimated 74% of GDP by the end of 2011 to 77% in 2015 and to 78% by 2021.
So, a trillion dollars in new revenue, and debt continues rising.
Yes it does...it goes on to say that that simply highlights the seeming unwillingness (from either side) to tackle the structural issues that cause our debt problems. That is not the same as downgraded simply because of partisan bickering.
