Paul Ryan’s bill that passed the house:
- Independent economists say it doesn’t reduce the deficit
- Balanced budget in 2040
Monthly Notes:
- For every $1 spent on unemployment $1.61 is put into the economy, for every $1 spent on the Bush Tax Cuts only 32 cents is put into the economy
- This country buys extra sugar to keep it at a high price
- Audit of Pentagon spending finds $70B in waste
- Median income of people 65+ only $19,000
- $330B scammed out of taxes in 2010
- For every $1 the IRS spends on tax evasion they get back $10
- Defense spending up 81% since 2000, not including Afghanistan and Iraq wars
- Tax cuts for the rich have not created the jobs Republicans have promised
- Obama has caved in showing bipartisanship (public option, tax cuts for the rich, watered down financial reform)
- Created 22M jobs in 1990’s
- Ike cut defense 28%, Nixon cut defense 37%, Bush I cut defense 14%
- Richest 400 people paid average of 16.6% in taxes where the average American paid 22.5%
- Republicans think 5% of budget goes to NEA (reality .00004%)
- Republicans think 25% of budget goes to foreign aid (reality .18%)
- Americans on average buy 533 gallons of gas per year
Monthly Questions:
- Republicans like to think we are the chosen ones, cause that worked out so well for the Jews?
- 25 years of cutting taxes for the rich and it hasn’t increased revenue; when do we give up that failed idea?
- So Republicans don’t have to pay for their trillion dollar wars but Democrats have to pay for health care for everyone?
- What’s going to happen to seniors when they run out of their $15,000 for Medicare?
- Do Republicans think health care isn’t a basic human necessity?
- What would this country look like without Social Security and Medicare?
