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Thread: Obama to cut $4b in welfare

  1. Registered TeamPlayer
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    #1

    Obama to cut $4b in welfare

    Big Oil's $4B tax break in doubt as Obama, Boehner tangle - Apr. 26, 2011

    Good for him. Hopefully, since Boehner also supports these cuts, Republicans will stop resisting these efforts.

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    Re: Obama to cut $4b in welfare

    I would hope that Boehner would support lowering the government's deficit by cutting down how much free money we give giant corporations.

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    Re: Obama to cut $4b in welfare

    Quote Originally Posted by WickedTribe View Post
    Good for him. Hopefully, since Boehner also supports these cuts, Republicans will stop resisting these efforts.
    They won't, especially when Obama wants it. If Obama endorsed the Ryan Plan, republicans would in a second be completely against it because "Obama likes it"

  4. Registered TeamPlayer Kraker Jak's Avatar
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    Re: Obama to cut $4b in welfare

    Depletion allowances let oil companies treat the oil in the ground as capital equipment, and they can write off a certain percentage for each barrel that comes out.
    On Tuesday the speaker appeared to backtrack from those comments, with an aid telling CNN that "what the President has suggested so far would simply raise taxes and increase the price at the pump."
    Yes

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    Re: Obama to cut $4b in welfare

    Quote Originally Posted by Kraker Jak View Post
    Yes
    That quote sounds like a threat actually.

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