In response to:

Poll: 45 Percent Say Spending Cuts Alone Are the “Best Way” to Reduce the Deficit

coveyrise Wrote: Feb 26, 2013 3:35 PM
Loopholes? President keeps using the term "Loopholes" to describe his new round of tax increases as if corporations and individuals are somehow getting an unfair tax break that was unintended and accidently put into the current tax code. In fact what Obama is calling "Loopholes" are ligitimate deductions put in the tax code to allow deductions for things like depreciation and depletion in the case of oil companies. Obama claims the oil companies shouldn't get these deductions when they are actually a realistic approach to accounting for the declining value of a well's remaining productive life as the oil is pumped out.
traitorbill Wrote: Feb 26, 2013 4:31 PM
The holes are in the liberal minds.
tuttut Wrote: Feb 26, 2013 4:16 PM
The only "loophole" is the vacancy between the chocolate messiah's ears. When one doesn't care what is true and what is not, he can say anything and sound as if he means it.
coveyrise Wrote: Feb 26, 2013 3:39 PM
Obama mentions "Corporate Jets" in almost every speech he gives as if companies should not be able to deduct the cost of such jets because in his opinion they are just some form of luxury they don't need. Well, a "Corporate Jet" is part of a transportation option for corporate executives to conduct their business just like a car would be. These Jets are built by middle class Americans and if we stop building them a lot of people will be without a job. Go figure. IF we do away with all Corporate Jets there will be a lot of unemployed people as a result. How does that help Middle Americans who Obama claims he is their Champion?
traitorbill Wrote: Feb 26, 2013 4:34 PM
Obama is a narcissistic elitist who thinks his decisions are wiser than our collective decisions. of course, he is only motivated by a desire for fairness, because he knows with absolute certainty what that is. I just wonder why life always seems a little more fair to Obama's friends.

So how do Americans want to reduce the federal deficit? Well, according to a new Rasmussen poll, nearly half of the U.S. likely voters surveyed say cutting spending -- and not raising taxes -- is the “best” approach:

A plurality of voters continues to believe spending cuts alone are the best way to reduce the federal deficit. But even among those who favor a “balanced approach” of tax hikes and spending cuts instead, half want more emphasis on spending cuts.

Forty-five percent (45%) of Likely U.S. Voters think, generally speaking, that the long-term federal budget deficit should be...