Rep Issa on Gvmt spending and taxation

[tangent4ronpaul]

http://www.c-spanvideo.org/program/295729-2

Some incredible admissions:

If they taxed everyone that made over 250K a year (that's most small businesses) at 100% it would only cover 2/3rds of the deficit!

As to cutting spending, it is not possible to balance the budget without cutting funding to the military.

When Military funding is cut, what goes first is housing, med care, utilities, etc. for service members. Congress has to specify what programs are to be cut if this is not to happen - and they almost never do.

TOTALLY FUBAR!

-t

[Aratus]

we have a ballooning debt...