Republicans refuse to repeal taxpayer subsidies for Big Oil

[Danzig]

Originally Posted by Antitrust32

the answer is not More Taxes

the answer is Less Spending




that's the common difference between the government and reality.

the problem is right now that they won't cut what would make a difference. the stuff that could be cut, won't make a difference. like i've said before, the vast majority of the federal budget goes to entitlements and defense. and for the last few years, the govt has lowered the payroll tax portion that goes towards social security-which is doing their budget no favors. they call it a 'payroll tax', but it's social security witholding.
so, they dig in and won't touch what needs touching, and here we are. cuts alone, according to what i've read from many sources, is not enough. there has to be a combo of tax increases in some form and spending changes. or the issue only continues to grow and get worse until we're greece 2.0.