House Votes to Change the Way Economic Legislation is Scored

Discussion in 'Free Speech Alley' started by Tiger in NC, Jan 7, 2015.

  1. uscvball

    uscvball Founding Member

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    Interesting things to note.....
    Only 3 bills in the 113th Congress, the House only considered 3 bills that crossed the threshold. Tax analysis will be done by the JCT. Analysis by the JCT has shown that some pro-growth tax policies reduce revenues by smaller amounts once the economic growth effects are taken into account.
    http://budget.house.gov/macroeconomicscoring/macroeconomic-scoring-qa.htm
     
  2. LSUpride123

    LSUpride123 PureBlood

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    The same banks Obama bailed out?
     
  3. LSUTiga

    LSUTiga TF Pubic Relations

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    Myagi say, "You can put cherry top pile of shyt but does not make fudge sunday."
     
  4. red55

    red55 curmudgeon Staff Member

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    Right. Got your head in the sand.
     
  5. LaSalleAve

    LaSalleAve when in doubt, mumble

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    Bush first, but yeah. Fucking assholes.
     
  6. Tiger in NC

    Tiger in NC There's a sucker born everyday...

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    What's the difference? When you say that it will "enable" it, what you are really saying is that the Republicans notion of tax reform could not be accomplished using the existing rules so they changed them. If it could not be accomplished before under the existing rules and now, after changing the rules, they are allowed to use their own version of non-math, it is a necessary step.

    This isn't a political fight. It is a fight over whether we are going to use mathematics or not so you can drop this notion that somehow this is politics as usual because it is not. The Republicans just voted not to use mathematics and you think that is political. Go back to school kiddo....

    Yes, and this is exactly what the Republicans just voted to force the CBO to do; consider things that have absolutely nothing to do with economic factors. And then they want it to go to the JCT who can include more non-economic related factors into the equation. That is not the way the budgetary process works. You must have a baseline before you can start making guesses. This is economics 101. Your blatant lack of understanding is impeding your ability to see the truth of the matter.
     
  7. Tiger in NC

    Tiger in NC There's a sucker born everyday...

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    So you got nothing then, huh? Exactly what I thought......nothing.
    So you agree with this then? If you can't refute it then I will take that as at least a tacit admission that I am right.
     
  8. Tiger in NC

    Tiger in NC There's a sucker born everyday...

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    It doesn't matter if it was only one bill. Tax bills are the highest, most important legislation that gets passed in the House so it doesn't matter the volume of bills, it matters the scope and size of those bills. Let's face it.....GWB only needed two bills in 8 years to stick us into a hole that almost sank the country so your numbers hold no weight and, in fact, show the shallow nature of your responses.
    JCT analysis is all well and good as long as you have an economic baseline established for them to base those predictions on. Take that facet away and what baseline will they make assumptions on? Oh yeah, we are supposed to wait for the famed Republican astericks in their budgets before we can really know, right? Bull shit, and you know it.
     
  9. LSUMASTERMIND

    LSUMASTERMIND Founding Member

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    I truly cant understand Republicans form of governing, wanting to roll back to rules that got us into the worst recession in history? You want to give Wall Street a blank check and more corporate welfare, while screaming jumping up and down about someone receiving 150 dollars a month in food stamps.

    By all means!

    The stock market has hit record highs with Dodd Frank in place, but hey lets deregulate deregulate deregulate.
     
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  10. LSUMASTERMIND

    LSUMASTERMIND Founding Member

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    which bank did Obama bail out, TARP was a Bush program.
     
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