It's 95% Pelosi talking, so the source of the news channel is irrelevant - these are her own words. I realize some of you have an irrational fear of Fox (AKA: Foxiphobic).
This is the kind of shameless lying, deceit, and incompetence conservatives have to deal with on a daily basis when arguing points.
Pelosi is acting as if there wasn't already a tax hike on the "rich." News flash: There was in January. Asking for ADDITIONAL tax hikes on the rich before cutting is moronic. She's denying there's even a spending problem. On TOP of that, she's saying most of the debt is Bush's fault. (...wow). We're in Obama's second term. It's irrational and childish to keep blaming Bush for current issues. Even if I grant you (hypothetically) that Bush had some responsibility on the initial problem, you'd be naive to say Obama/Pelosi haven't dwarfed whatever affect he's had in the past with THEIR current debts.
America MUST cut spending, and cut it massively. Bottom line. It's come to the point that if someone's primary political goal isn't to cut the spending and pay off the debt first and foremost, it's not even worth starting an argument with them as they're delusional about the state of our nation. All other issues are secondary and will, in fact, improve with no debt and a budget in the green (or balanced).
Open your eyes and see her for the scum she is (and other far left wing nuts like her) for her flat out deceit.
(because it's getting longer and expecting people to read the whole thing is not going to happen):
So,-Make a law that congress may not have a red budget until the debt is paid off unless overruled by a 3/4 majority that renews each year.
-Also, a minimal amount that covers interest + 1% of the debt must be paid off yearly.
Personally, scrapping the health care bill in it's entirety would save a very large chunk of the budget. (Re-do the bill without the mandate because we have proven we can't afford it) Second, across the board cuts would be the most reasonable way to do it after that. You'd preserve budget ratios for each dept that would make no dept have more undue hardship than another. I would also put some common sense restrictions on entitlements, such as required drug testing, putting foods stamps on a special debit card so only necessities could be bought. Without cutting entitlements, we as a nation would get more bang for our buck and it would actually start helping people out of their situation, rather than feeding it. I'll update if I think of more, but it's late and I'm almost ready to call it a night as well. Good night everyone.
-Healthcare bill facts from can be found at CBO
Where would you cut spending so that we can start paying off our debt?