Obama tries to rescue fiscal talks for post-Christmas deal

Comments (40)
js2012 wrote:

Obama had 4 years to solve the situation. He did nothing except make the situation worse with his mindless spending. Now he’s behaving as if he’s ‘rescuing’ it and Reuters parroting it as well. Is Reuters Obama’s official news agency?

Dec 21, 2012 9:59pm EST  --  Report as abuse
Wassup wrote:

After doing nothing for 4 years to address the “fiscal cliff” which lagged behind numerous vacations and junketts, it seems preposterous that Obama would put a 10 day deadline on addressing this sad issue while he jets off on his million dollar break to Hawaii to do absolutely nothing at all. The unmitigated nerve! Exactly what the 52% that elected him have empowered him to do for a few phones and the word “forward.”

Dec 21, 2012 10:25pm EST  --  Report as abuse
JoeObserver wrote:

Mr Obama shouldn’t abandon Washington for Christmas. Instead, he should work out Plan C , Plan D….

Dec 21, 2012 10:44pm EST  --  Report as abuse
ru500 wrote:

“…the most pressing challenge – tax cuts…”

I disagree Reuters, THE most pressing challenge is to cut SPENDING.

I agree with js2012, does Reuters work for Obama? Put your editorial comments in the proper section.

Dec 21, 2012 11:45pm EST  --  Report as abuse
garilou wrote:

Oh my God, what a short memory.
How old are you? 16 years old?
2 years to try to solve previous Bush catastrophy, 2 years lamed by a republican majority (not counting the stupid electoral system that takes almost 6 months off a mandate.

Dec 22, 2012 1:29am EST  --  Report as abuse
Abulafiah wrote:

The GOP is falling apart. That is good news!

Republicans need to start understanding that they have lost. Taxes on their friends will increase – end of discussion. The only thing to negotiate is middle class taxes and cuts in military spending.

Dec 22, 2012 3:13am EST  --  Report as abuse
Abulafiah wrote:

ru500 wrote
“THE most pressing challenge is to cut SPENDING.”

Because spending cuts have worked really well and fixed the economy in……? Where, exactly?

I can show you a Europe full of countries where tax cuts have led to recession.

Dec 22, 2012 3:16am EST  --  Report as abuse
Lowell_Thinks wrote:

@Abulafiah,

Yes, you are correct the Republican party is falling apart because they are traitors just like you and your kind. But the real good news is the Tea Party will pick up the pieces. We are here to stay! Don’t tread on me! God Bless the patriots! Sleep well tonight.

Dec 22, 2012 3:32am EST  --  Report as abuse
bates148 wrote:

@Abulafiah

“Because spending cuts have worked really well and fixed the economy in……? Where, exactly?

I can show you a Europe full of countries where tax cuts have led to recession.”

Right, and what was a root cause of the European sovereign debt crisis again….?

Dec 22, 2012 4:03am EST  --  Report as abuse
LoveJoyOne wrote:

They’ve spent the last 4 years as the Get Obama Party. They’ve tried at all costs to ruin his presidency and failed. It’s now time for them to shut up and do their jobs.

If Boehner can’t lead the GOP Congress, he should step aside.

Or perhaps this is no longer a two party system, but a Tea Party system. Maybe moderate Republicans (if that species exists) will have to join with Democrats in a coalition to get things done.

Dec 22, 2012 4:04am EST  --  Report as abuse
Abulafiah wrote:

bates148 wrote:
“Right, and what was a root cause of the European sovereign debt crisis again….?”

The root cause is Republican’s inability to manage the US economy. The Angela Merkel response of spending cuts prevented recovery. The lack of sovereign banks to lend money at near zero rates is strong contributory factor.

But debt levels? That is just a right-wing fantasy. Debt levels in Europe were at historic lows just before the crisis hit. Spain, for example, had a debt level of 40% of GDP.

If you are going to insist on following Fox News and howling that debt levels in Europe caused the crisis, rather than it being caused by Republicans wrecking the US economy, then you will have to explain how a 40% of GDP debt level is a crisis.

If you can’t do that, then your argument is nonsense. The ball is in your court.

Dec 22, 2012 4:45am EST  --  Report as abuse

Behind every Republican making things difficult for John Boehner seems to be a Tea Party activist group.

Unless Republicans stand up to these irrational backward looking militants, there will be both a fiscal crash and another failed election campaign.

Dec 22, 2012 5:10am EST  --  Report as abuse

the US GDP/debt ratio after fiscal cliff deal BS will explode in the long term much more than 200% in 15 years

better to go to the cliff now than later.
the best can happen for the american people in the long term is to go to the cliff now.

Dec 22, 2012 6:34am EST  --  Report as abuse
USA4 wrote:

Why no mention of the fact that Obama is off to Hawaii? (at a massive cost to taxpayers) He continues to demonstrate a complete inability to lead. It is truly sad that this very nice but very naive and inept man continues to be our president.

Dec 22, 2012 9:48am EST  --  Report as abuse
AZreb wrote:

Not only did congress say “see you later” – the president did, too. And when they come back, how many days are left to avoid this sky-is-falling “fiscal cliff” Three days? Four?

They should ALL have been placed in lock-down. Work (yes, there is that dirty four-letter word) until a consensus is reached.

Dec 22, 2012 9:49am EST  --  Report as abuse
Yankee1776 wrote:

The issue is as plan as the nose on Obama’s face.

No person is capable of sustained deficit spending and expect fiscal solvency. It is an obvious impossibility.

Those who believe that we can just print more money and spend more money are dangerous to the future of the nation as a whole.

The problem with borrowing money is that it must be paid back. With no plausible way of paying the money back, lenders are not going to lend.

It is time to cut the spending in Washington. Cut all of the pork, all of the petty riders, etc… Force Congress to balance the budget with a balance budget amendment with waivers that will require extreme conditions to override.

It is time for the US citizens to be responsible and accountable… and make our government the same.

Dec 22, 2012 9:59am EST  --  Report as abuse
Yankee1776 wrote:

The issue is as plan as the nose on Obama’s face.

No person is capable of sustained deficit spending and expect fiscal solvency. It is an obvious impossibility.

Those who believe that we can just print more money and spend more money are dangerous to the future of the nation as a whole.

The problem with borrowing money is that it must be paid back. With no plausible way of paying the money back, lenders are not going to lend.

It is time to cut the spending in Washington. Cut all of the pork, all of the petty riders, etc… Force Congress to balance the budget with a balance budget amendment with waivers that will require extreme conditions to override.

It is time for the US citizens to be responsible and accountable… and make our government the same.

Dec 22, 2012 9:59am EST  --  Report as abuse
Fillybuster wrote:

I like LoveJoyOne’s comment

“Or perhaps this is no longer a two party system, but a Tea Party system. Maybe moderate Republicans…will have to join with Democrats in a coalition to get things done.”

Maybe we do have a three (Tea) party system. To me, this is a new way of looking at the situation. Considering the way the Tea Party is funded by billionaires, we could be seeing the source of our “class warfare”, the billionaires against the rest of us.

Dec 22, 2012 10:16am EST  --  Report as abuse
COindependent wrote:

Do some of you really believe that spending is not a problem? Although the federal government retains the ability to print money (ala Bernanke’s sequential QE’s), there is price to pay. Whether you pay it now or ten years down the road does not mitigate the fact that you will have to pay it. Every dollar of interest that is paid on the (increasing) national debt is a dollar that is not invested. As the debt continues to increase the total annual cost increases–at 5% interest (the average rate over the past 60 years), the current $16 trillion deficit would consume $900 billion a year–last year the government collected about $3 trillion in revenue–so that $900 billion is not available to be reinvested in the economy. When the economy needs to generate 150,000 new jobs a month to satisfy new people entering the workforce and you are pulling $900 billion from the capital flows, it’s difficult to create those jobs (let alone absorb the under- or unemployed.

The current (and forecast) fiscal agenda needs to be redefined. It requires we get total spending under control–that the growth of government is limited and spending goes back to the historic rate of 18%-19% of GDP versus the current 24%. That means that, yes, entitlements have to be restructured, so that we they don’t consume the projected 50% of government spending as forecast in 2035. It means that we rethink the role of the federal government, and get it out of those areas that should be managed at the state level. And, it requires that all levels of government lives within its means. We cannot tax our way out of this. (If you took 100% of the total income from the top 5% of earners, it would not cover the entire $1.2 trillion deficit this year.)

Hard decisions will have to be made, but otherwise they will be made for us. Better to (re)define the direction of the country while we have the chance. Will it be difficult? Yes. Will it require we re-think the role government plays in our lives? Absolutely. But it has to be done. This is not a Democrat or Republican issue–it’s a national issue. Those who believe that one or the other party is responsible are wrong. Go back the last 40 years and you will see that the political elites from both parties have created this mess, and now they have to fix it. Not tomorrow–now.

Dec 22, 2012 10:23am EST  --  Report as abuse
Abulafiah wrote:

Yankee1776 wrote:
“No person is capable of sustained deficit spending and expect fiscal solvency. It is an obvious impossibility.”

Fortunately, the USA is not a person. It is a state with a sovereign currency that can run a deficit indefinitely.

Yankee1776 wrote:
“The problem with borrowing money is that it must be paid back.”

No it doesn’t. See above: the USA is not a person. The USA does not take out bank loans. Nobody is going to take the USA to court for missing a couple of payments.

Yankee1776 wrote:
“It is time to cut the spending in Washington.”

It is time to cut spending… if your goal is another recession. If, on the other hand, you want your economy, now is exactly the wrong time to cut spending – which raises a lot of questions about Republicans. Their actions make sense only if they really want to wreck the USA.

BTW… that largest increase ever in the US debt, 89%, was GWB and his Republicans. Where was all the “we must cut spending!” ranting then?

Dec 22, 2012 10:36am EST  --  Report as abuse
matthewslyman wrote:

> “House of Representatives Speaker John Boehner failed to convince his fellow Republicans to accept tax cuts for even the wealthiest of Americans as part of a possible agreement with Obama.”

@REUTERS:
Are you sure “tax cuts” is the correct wording? Not “tax hikes”?

Dec 22, 2012 10:38am EST  --  Report as abuse
Abulafiah wrote:

USA4 wrote:
“Why no mention of the fact that Obama is off to Hawaii?”

Because it is Congress that is negotiating, not Obama. I am sure they have his phone number if Boehner ever says anything that matters.

Dec 22, 2012 10:40am EST  --  Report as abuse
matthewslyman wrote:

NOBODY is proposing a SOLUTION to the actual problems! Yet the various factions have absolute determination to win politically in these negotiations!

Part of me thinks the current market for stocks & shares is an excellent buying opportunity. Another part of me thinks this market is a disaster waiting to get substantially worse, when well-to-do politicians sleep-walk us all into an economic depression.

Either way, I wonder whether we should not investigate Boehner’s connections to find out whether any of his friends are making a killing on the stock exchange or the futures markets?

Dec 22, 2012 11:18am EST  --  Report as abuse
matthewslyman wrote:

15%–16% federal taxation by GDP.
24%–25% federal spending by GDP.
WHICH is the problem? BOTH ARE!

The only way out of this problem now is:
1. USD inflation — print money and give it directly to the federal government, with a credible & legally enforcible plan for reversing this process when the economy improves.
2. Reduce spending (reform government to eliminate pork, name and shame the congressional culprits, and concentrate the spending where it really counts — where it will get people back to work again on economic activities like infrastructure that support long-term GDP growth).
3. Increase taxation, starting with the wealthiest; and shut down tax havens and loopholes with aggressive legal reform and enforcement action.

Unless these things are all done, I can’t see how the USA can ever get out of this economic hole. If the USA does these things, my family will lose a little money in the short term, but in the long term, we will all prosper.

PLEASE…

Dec 22, 2012 11:27am EST  --  Report as abuse
USA4 wrote:

Abulafiah, isn’t Obama supposed to be leading the process? Or, is his job just to jet around making silly speeches at the taxpayer’s expense? In fact, his only job should be to lead congress, but this is something he is clearly not capable of doing. Shameful.

Dec 22, 2012 12:30pm EST  --  Report as abuse
bates148 wrote:

@Abulafiah

Right-wing fantasy? Buddy, what planet are you from?

http://en.wikipedia.org/wiki/European_sovereign-debt_crisis

Dec 22, 2012 12:36pm EST  --  Report as abuse
bates148 wrote:

@Abulafiah
“No it doesn’t. See above: the USA is not a person. The USA does not take out bank loans. Nobody is going to take the USA to court for missing a couple of payments. ”

You’re forgetting a very important point – debt is not free. We pay interest. You think the U.S. spends too much on defense, just wait a few more years and take a look at what we paid on our interest.

“Because it is Congress that is negotiating, not Obama. I am sure they have his phone number if Boehner ever says anything that matters.”

US Constitution. art. II, sec. 3, cl. 2.

Dec 22, 2012 12:56pm EST  --  Report as abuse
rockcandymtn wrote:

The ROOT of 99.9% of this countries problems lies with the republicans having thrown ALL their political HONOR out the window when Obama was elected. Nothing more, nothing less.

Dec 22, 2012 1:00pm EST  --  Report as abuse
Mikon wrote:

Obama tries to rescue fiscal talks????? HORSE PUCKY!!!
Obama has demonstrated miserable leadership in every economic issue facing the USA. He apparently (by both his inactions AND his actions) does NOT understand free enterprise and capitalism.
In an obvious attempt to be able to blame someone else (particularly the Republicans), he is asking Congress to pass HIS tax relief for up to $250K income and extend the FICA payments again. This latter item continues to SPEED the demise of Social Security funds and provides support for the TRULY DEADBEATS of our society who do NOT want to work and carry their “fair share” in our economy. The FICA payments are NOT a tax, and will ultimately provide for THEIR retirement.

Dec 22, 2012 1:56pm EST  --  Report as abuse

There is no such thing as the Fiscal Cliff.
All the stuff involved has been planned for years and now the idiots — the president, the Congress, the whole shebang — want to further screw things up rather than apply a sloppy plan, but one that had a chance of success.
Do they all suffer from some strange brain eating disease?

Dec 22, 2012 3:11pm EST  --  Report as abuse
Oldfinanceguy wrote:

Wow what a leader; when he’s needed to lead he takes off on vacation. Four years, two of which his party held both the House and the Senate,in which to fix the problem and he addresses it in year four by blaming the opposition party. Spending has sky rocketed in the last four years and he blames Bush. Had he a clue he could have turned off any spending attributable to President Bush during his first month in office. America is about to get what it asked for and God help us when we do. We have no one to blame but OURSELVES!

Dec 22, 2012 5:05pm EST  --  Report as abuse
TheNewWorld wrote:

@Abulafiah

You have no clue how the financial system, governments, and fiat economies work do you? Debt has a nasty little thing attached to it called interest. The US is paying $400 billion a year now on interest on its debt. You Democrats go nuts about the defense spending of $600 billion, but you don’t care about the interest on our debt. This is $400 billion that is completely wasted.

Guess what happens if the US defaults on us. About 32 cents for every dollar of U.S. debt, or $4.6 trillion, is owned by the federal government in trust funds, for Social Security and other programs such as retirement accounts, according to the U.S. Department of Treasury. If we default on that debt Social Security is gone. Retirements disappear.

The largest portion of U.S. debt, 68 cents for every dollar or about $10 trillion, is owned by individual investors, corporations, state and local governments and, yes, even foreign governments such as China that hold Treasury bills, notes and bonds. Again, all of those investments disappear. The value of our economy disappears over night. The dollar becomes worthless. A run on the banks happens, and people find out that the banks can’t cover the books. Our economy crashes sending us into a Depression that will take at least a decade to recover from. Every spending program dies off, state, county, city governments that are running deficits can no longer look to the Federal government for help, further exasperating the issue.

You really have no clue how fragile a fiat economy is, and what you propose, to spend more money, will take us closer and closer to the brink. Deficit spending to grow the economy creates a false economy. As you said, cutting the spending now will hurt the economy. Why? Because we are in a fake economy that has been propped up by 12 years of reckless deficit spending. The more we spend, the bigger the bubble. It will bust. If Obama and the Congress does what is needed now to correct the economy, which means accept that we must go into a recession, we will be better off in the long run by shrinking the bubble now. If we continue trillion dollar deficits, we will grow the bubble bigger and bigger, and the recession will turn into a depression when it busts. You can not bypass the financial system, forever. Keynesian economics leads to delayed government induced recessions. If you don’t think so, look at Europe.

I fully believe that we are going to go into a depression within the next 2 decades. When that happens George W. Bush and Barrack Obama will go down as the worst Presidents in the United States history. The Democrat dream of large government will crash, and the Republican dream of the most successful capitalist country will as well. And both parties are to blame.

Dec 22, 2012 7:00pm EST  --  Report as abuse
bobber1956 wrote:

What ever obama comes up with the House is NOT going to pass. I am with that! Bring on the cliff and the impeachment proceedings. If we are lucky by 2014 we can get some leadership and start putting this country back on track to being a world leader from the front not behind.

Dec 22, 2012 8:54pm EST  --  Report as abuse
orlfla wrote:

Obama can’t cut any spending on Health and Human Services (Social Security, Welfare, etc) because if he does he loses the ones who voted for him. Since he can’t cut spending, except for the military, he has no option except to raise taxes. His problem there is he can’t get enough money just from the rich so he’s going to have to go after the middle class. He’s going to let the tax credits expire because that’s the only way he can get enough money. He will reinstate the tax credits for only the ones at the very bottom. It’s Marxist philosophy to redistribute wealth.

Dec 22, 2012 8:58pm EST  --  Report as abuse
Abulafiah wrote:

@bates148; @TheNewWorld

First, as so often with the right, you are inflating the figures. The interst bill for 2012 is $360bn. Not $400bn. Total military spending in 2012 was $700bn.

Second, you are hiding crucial information. Who is that interest being paid to? 58% goes to the Fed, but I can understand why Fox never tells you that.

Third, that is $360bn out of a federal budget of $3.54tn.

You can calm down guys. The sky is not really falling. The interest on the debt is not really a crisis. Switch off Fox and you paranoia should decline.

Dec 22, 2012 9:08pm EST  --  Report as abuse
TheNewWorld wrote:

@Abulafiah

I am not the right, I do not watch Fox News. How many times have I told you that? Due to a change in the accounting method for the Department of Defense market-based securities, a one time adjustment of $75 billion decreased the Interest Expense on the Public Debt. $360 billion plus $75 billion is $435 billion. In 2011 we spent $454 billion on interest, in 2010 we spent $413 billion.

58% of that interest payment does not go to the Fed. I don’t know who told you that, but it is completely wrong. I listed who holds are debt. The interest payments goes to U.S. Treasury notes and bonds;
Foreign and domestic series certificates of indebtedness, notes and bonds; Savings bonds, Government Account Series; State and Local Government series (SLGs) and other special purpose securities. The interest rate is rock bottom now. If the economy ever rebounds, interest rates go up, and our interest payments go up as well.

Erskine Bowles, a co-chair of the president’s bipartisan deficit-reduction commission known as “Simpson-Bowles,” has called the nation’s compound interest burden one of the biggest long-term challenges facing the United States. “We’ll be spending over $1 trillion a year on interest by 2020. That’s $1 trillion we can’t spend to educate our kids or to replace our badly worn-out infrastructure,”

Our current budget is unsustainable. Only an idiot would state otherwise.

Dec 22, 2012 10:05pm EST  --  Report as abuse
Abulafiah wrote:

TheNewWorld wrote:
“I am not the right, I do not watch Fox News. How many times have I told you that?”

You can deny it as often as you like, but as long as you quote Republican figures and parrot Republican views, you are the right. You are just one of the many on the right who deny it to try and gain more credibility ~ “I am not a Republican, but I have independently concluded that they are correct about everything”.

TheNewWorld wrote:
“58% of that interest payment does not go to the Fed. I don’t know who told you that, but it is completely wrong. I listed who holds are debt.”

I have more sense than to take your right-wing blog derived figures. 58% is intragovernmental holdings + the portion of public debt currently held by government entities + the portion of public debt held by US financial entities. Directly or indirectly, the ultimate source is the fed, and, no matter how you try to spin it to match the Republican ‘sky is falling’ scaremongering, that interest never leaves the US economy.

TheNewWorld wrote:
“If the economy ever rebounds, interest rates go up, and our interest payments go up as well.”

When the economy recovers, revenue will go up as well so that is an imaginary problem.

TheNewWorld wrote:
“Our current budget is unsustainable. Only an idiot would state otherwise.”

Exactly on the party line – good man!

Also proved totally wrong by history. The USA has sustained higher debt levels in the past, so have other countries – the UK sustained higher debt levels for decades – and other states right now are sustaining higher debt levels.

You Republicans repeat this ‘unsustainable’ hyperbole as though the US has the highest debt level the world has ever seen, which is not the case by a long way.

Dec 23, 2012 4:02am EST  --  Report as abuse
lawgone wrote:

Obama couldn’t “rescue” a puppy in a puddle of water if it was in front of him. He is clueless and inept as a leader. Better leave this to the grown-ups to handle. Obama acts like a child, “Mommy, the Republicans are only acting this way because they don’t like me. I’m taking my ball and going home because Johnny won’t play the way I want him to play”. That is exactly the way Obama is acting and why we need a grown-up in the WH instead of a child.

Dec 23, 2012 11:53am EST  --  Report as abuse
USAPragmatist wrote:

@Xyz2055, to quote you ‘We’ve already seen what happens when 1 party has total control of the government (2000 to 2006). It’s how we got into this mess in the first place.’ While you and I might not 100% agree on how to fix the problem, probably about 75%, we are in 100% agreement with what was the biggest contributor to this problem, the Bush Administration. After all ‘Deficits do not matter’, right? Where was the righteous indignation of all those saying Obama is on a spending spree and the such back then when the problem was really getting worse, do these people know that during the Obama Administration government spending has increased the least of any other 4 year period in modern American history?

You and I might not agree on many things, like gun policy, as you are center-right and I am center-left, but there was a time when people like us still existed in DC and could come to a compromise, why not now?

Dec 23, 2012 1:19pm EST  --  Report as abuse
bemore2day wrote:

LIE #1-

js2012 wrote: Obama had 4 years to solve the situation. He did nothing except make the situation worse with his mindless spending.

Oldfinanceguy wrote: Spending has sky rocketed in the last four years and he blames Bush.

TRUTH#1- Monday Oct 15th 2012: “Late Friday afternoon, the Treasury Department published the official report on the U.S. budget deficit for the most recent fiscal year: $1.089 trillion. While that’s obviously still a very large budget shortfall, the deficit is $200 billion smaller than it was last year, and is nearly $300 billion smaller than when President Obama took office.”

You don’t reduce the deficit with “mindless spending.”

LIE #2- Wassup wrote: Exactly what the 52% that elected him have empowered him to do for a few phones and the word “forward.”

TRUTH- Q: Has the Obama administration started a program to use “taxpayer money” to give free cell phones to welfare recipients?
A: No. Low-income households have been eligible for discounted telephone service for more than a decade. But the program is funded by telecom companies, not by taxes, and the president has nothing to do with it. (http://www.factcheck.org/2009/10/the-obama-phone/)

Wassup- Wake up! You rightwing nuts have nothing but ridiculous lies to try and discredit our president.

Wassup & USA4- The president has a right to a Christmas holiday like anyone else. John Bonehead dismissed everyone for the holidays; so you think Obama should sit in the oval office and do nothing while everyone else is out of the city???

LIE #3- Obama the “vacation president.”

TRUTH- From January 2009 to October 31, 2012, Obama spent all or part of 72 vacation days in a variety of places. George W. Bush, was on vacation more — 1,020 days — than any U.S. President since Herbert Hoover and possibly more than any other President in history. President Bush spent 32% of his presidency on vacation.

OK, now onto the issue without the mindless right-wing talking points babbled by the heard of GOP/Tea Party sheep.

The president has from day one tried to be a man of compromise with the GOP leaders. Obama’s perhaps naive belief that the political parties should be and are capable of being able to work together to govern in the best interest of our country has been rejected by the right since he first took office. The main reason we find ourselves here in this mess now is because of the right’s unwillingness to find common ground with the left, even at the countries detriment!

There is a chart that shows how over the decades the right has continued to move further to the right which has meant that the left has had to move further to the right to ever reach any compromise. With all the chest thumping by the right that the left is too liberal, you would never believe that right is actually winning in the long haul to move policy and the left in their direction. The Tea Party has exasperated this reality and is stretching and pulling it so hard that it is becoming almost impossible for a more ultra-right shift to happen at the breakneck speed they are demanding. Hence, we have come to a serious stalemate.

The unfortunate circumstances are that despite the will of the American majority who voted for Obama and the Democratic ticket, the ultra-right are refusing to back down, or to compromise. They refuse to accept that the people have spoken and the people do not support their ideology about fiscal policy!

Is the deficit a problem? Yes! Do we need to raise taxes? Yes! Do we need to control spending? Yes! BUT, first things first. We need the tax cuts to strengthen and protect our recovery. Spending cuts need to come more slowly, but they must come. AND, the right must be willing to negotiate and compromise. They must swallow the bitter pill that the majority does not agree with them and that they are sworn to represent the constituents, NOT the special interests!

Dec 23, 2012 4:03pm EST  --  Report as abuse
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