Even a 100 percent tax on millionaires would only fund four months of government operations, failing to seriously address budget deficits and debt.
The Paul Ryan budget proposal would "privatize Medicare."
On taxes, President Barack Obama wants to raise "the top rate to 44.8 percent."
The newly proposed House Republican budget "abolishes Medicare within 10 years."
"The Congressional Budget Office has this economic model where they measure the economy going forward, and they are now telling us that the entire economy crashes in the year 2037 because their computer simulation can't conceive of any way in which the U.S. economy can continue."
The health care law "is accelerating our country toward bankruptcy."
"Discretionary spending went up 84 percent in the last two years"
In 2004, "20 percent of U.S. households were getting about 75 percent of their income from the federal government. ... Another 20 percent were receiving almost 40 percent."
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