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Miracles Do Happen: Harry Reid's Senate Passed A Budget

NW-Res Wrote: Mar 23, 2013 4:21 PM
Lois writes: "It's weird how the GOP wants to invoke the good times of 50's and 60's but ignores the high tax rates that were in place at the time" -------------------------------- What was the level of spending in the 50's and 60's Lois? That is what the GOP whats to invoke.
SMyles Wrote: Mar 23, 2013 4:24 PM
The rate's were high but the loopholes were such that virtually no one payed the high rates. So the effective rate was not that high.
NW-Res Wrote: Mar 23, 2013 4:32 PM
And, government spending was way lower as well.
SMyles Wrote: Mar 23, 2013 4:34 PM
More importantly, where did the resources come from for the purchase of the boats? Savings or credit? What resources were consumed via the one yacht vs the hundred boats? How many people were employed building the yacht vs the boats, on and on.
Two amazing upsets happened last night: a small school called Florida Gulf Coast University upset perennial powerhouse Georgetown in the first round of the NCAA tournament, and Harry Reid's Senate passed a budget!

The Senate passing a budget, of course, is by far the more miraculous occurrence, and certainly a rarer one. A 15-seed upsetting a 2-seed in the NCAA tournament is nearly a yearly occurrence: Lehigh upset Duke just last year, for example. Harry Reid's Senate, despite being legislatively binding, has refused to even offer up a budget since 2009.

This Senate budget passed 50-49, with four Democrats...