Lawmakers play waiting game with "fiscal cliff" deadline in sight

Comments (27)
sgraffwriter wrote:

If we don’t have a deal before January 1, the 40–50 republican hold outs in the House, Grover Norquist, American tea party spokespeople, and conservative group leaders will be justifiably blamed. If your paycheck goes up on January 15, blame Norquist. He’s the one that started the ball rolling and is, even today, still telling Americans to gird up for battle. So a rich, selfish republican is telling working class and middle class Americans to prepare for battle. If this were a joke instead of hard reality, it would be both ironic and funny.

Dec 24, 2012 2:16pm EST  --  Report as abuse
jroliver wrote:

Don’t worry our useless elected will pass a bill to kick the can again

Dec 24, 2012 3:19pm EST  --  Report as abuse
Butch_from_PA wrote:

This is the inability to have leadership candidates available in American politics. 1/2 the votes went Democrat and 1/2 Republic.

People voted in Obama on his plan to increase taxes to pay for the wars. People voted in Repulicans to hold back the cancerous growth of government and government waste to undeserving people.

Where are the leaders in Congress and the Senate who can speak out for the people and initiate pragmatic conciliatory choices on both sides?

Anyone reading the news could step in and create a 3 year across the board plan irrespective of parties – increase taxes for 3 years, slash government budgets for 3 years and let the government directors work out the cuts.

This is so asinine to hold the party lines. Makes me wish for South American style cleaning out of politicians when they become so incompetent.

Anyone that stood up and voice a pragmatic plan praising both parties for their good points and castigating both for their bad – would likely be the next president of the Unites States. We have no leadership anymore – just a bunch of empty suits who answer the funds that elected them.

Dec 24, 2012 3:24pm EST  --  Report as abuse
AlkalineState wrote:

There is no fiscal cliff. Raising revenue and cutting spending is not a cliff. It’s the goal. Let it happen.

Dec 24, 2012 4:21pm EST  --  Report as abuse
jscott418 wrote:

Our “kick the can” government will no doubt do another last minute deal that solves nothing and delays everything. Let’s go over the cliff. It makes more sense then what we have been doing.

Dec 24, 2012 5:29pm EST  --  Report as abuse
blacowsley wrote:

The Tea Traitors are kicking our can down the road,,,and we are letting them do it…

Dec 24, 2012 5:56pm EST  --  Report as abuse
niblick3 wrote:

Why are we discussing how much more money we are going to give to the government. Whether it is more taxes for those making more than 250k, 500k, or 1MM. The liars in DC (yes Dems & Rep)will piss it all away. A 13% approval rating for Congress and yet all the same idiots are voted back in. Instead of calling names, look within, we got what we voted for so quit complaining.

Dec 24, 2012 8:00pm EST  --  Report as abuse
Lowell_Thinks wrote:

Obama and the liberal traitors are taking our country down the path of California ruin–massive entitlements to foreign invader resulting in a crushing debt. The Republican Party has betrayed us as well. We are becoming a 3rd World Nation-wake up people! The Tea Party is the only hope. We will pick up the pieces, join us today and save America. God Bless the Tea Party! Don’t Tread on Me! God Bless the Patriots! Merry Christmas from the Tea Party!

Dec 24, 2012 10:06pm EST  --  Report as abuse
SanPa wrote:

Republicans are proving to be more democratic than the Democrats. They aim to raise taxes on everyone. Merry Christmas.

Dec 25, 2012 12:26am EST  --  Report as abuse
xyz2055 wrote:

Lowell_Doesn’t Think! The Tea Party is out of step with mainstream American. They are the clog in the Republican Party, the quinessential “My Way” or the Highway group. The reason that Boehner can’t even get a legislative bill written in the House to address spending cuts and taxes. The party of nut job Michelle Bachmann. Here’s what the Tea Party had to say on 12/23

“BOSTON — In the city where a protest over tax policy sparked a revolution, modern day tea party activists are cheering the recent Republican revolt in Washington that embarrassed House Speaker John Boehner and pushed the country closer to a “fiscal cliff” that forces tax increases and massive spending cuts on virtually every American.

“I want conservatives to stay strong,” says Christine Morabito, president of the Greater Boston Tea Party. “Sometimes things have to get a lot worse before they get better.”

Anti-tax conservatives from every corner of the nation echo her sentiment.

In more than a dozen interviews with The Associated Press, activists said they would rather fall off the cliff than agree to a compromise that includes tax increases for any Americans, no matter how high their income. They dismiss economists’ warnings that the automatic tax increases and deep spending cuts set to take effect Jan. 1 could trigger a fresh recession, and they overlook the fact that most people would see their taxes increase if President Barack Obama and Boehner, R-Ohio, fail to reach a year-end agreement.

The strong opposition among tea party activists and Republican leaders from New Hampshire to Wyoming and South Carolina highlights divisions within the GOP as well as the challenge that Obama and Boehner face in trying to get a deal done.”

Dec 25, 2012 7:08am EST  --  Report as abuse
vargasc3 wrote:

Forget Al Queda, forget the Taliban. The Republicans are the new
terrorists. They hold our economy hostage to protect their rich patrons.
They long ago sold their vote wealthy. The majority of americans have paid
the price for democracy ever since. The wealthy dodge taxes with a tax
system that was designed and written by Republicans. Anarchy may be the only option left for the rest of us.

vargasc3

Dec 25, 2012 8:38am EST  --  Report as abuse
xyz2055 wrote:

Personally…if the choices are a watered down version of the fiscal cliff that allows the debt to continue to rise by $1T year after year OR the Fiscal Cliff…I’ll take the Fiscal Cliff. Perhaps when the voters feel the pain for correcting what our dysfunctional government has sown…we’ll finally vote them ALL out of office.

Dec 25, 2012 8:51am EST  --  Report as abuse
JamesChirico wrote:

MCConnell as a “legislative wizard”, ROFLMAO. More like an evil sorcerer that has turned the Senate into a joke instead of a deliberative body. 389 Pelosi House passed bills never got a vote in the Senate, more than the previous 30 years combined. Judge consent has been held up with more than 80 votes when the ayes were counted. He is only a wizard at obstruction.

Dec 25, 2012 9:28am EST  --  Report as abuse
usagadfly wrote:

The only “compromises” being considered, by both sides, involve cuts to middle and working class programs that are greater than the not-so-troubling so-called “fiscal cliff”. Everyone knows the tax increases on the paycheck classes will be retroactively rolled back in the first or perhaps as late as the second quarter of next year. So the only real “cost” for the bulk of the people will be benefit cuts that are fewer than any “compromise” would produce.

So, over the cliff we go !! Sometimes playing predator to 90% of the American people is not such a great idea if you do not want to suffer predation yourself. Time to get the **** out of the Middle East altogether, militarily and financially. Time for the rich to pay for the privilege of living in the USA, and holding investments here, instead of somewhere else.

Dec 25, 2012 11:49am EST  --  Report as abuse
Bunker555 wrote:

Beautiful Christmas love story. How Mitch McConnel became rich:

http://www.dailykos.com/story/2010/12/05/925858/-How-Mitch-McConnell-became-very-rich#

Dec 25, 2012 11:55am EST  --  Report as abuse
flashrooster wrote:

These TeaParty Republicans are obstructing just for the sake of obstructing. A recent survey showed that 67% of the top 1% of income earners favor raising their own taxes. So why are Republicans doing this? A majority of Americans believe taxes should rise on the wealthy; a majority of the wealthy believe their taxes should go up; we reelected a President that promised to raise taxes on the wealthy; we increased the number of Democrats in both houses of the legislative branch, the party that supports raising taxes on the wealthy; we have yet to pay for the two wars that Bush and the Republicans dragged us into; and even the Republican party that got us into those wars agreed that the Bush tax cuts should be temporary and should end in 2010; and we have yet to pay for the TARP bailout that benefited mostly the top 1%. There is every reason to raise taxes on the wealthy IF democracy means anything anymore, and yet these irresponsible Teapublicans insist on dragging our entire country and its budget through this dangerous, absurd political game playing. Our Founders were brilliant in their ability to plan for the future, but not even they could have predicted this kind of nonsense. However, Jefferson and others did warn us about threats from within and how they would pose the most serious threats to our Republic. That’s what we’re experiencing now. We the people have to come together and figure out how we can rid ourselves of this threat from within. This has to end. We can’t have small extremist groups holding our nation hostage to force their will on the majority, policies that clearly the majority rejects. These Republicans are practicing a form of authoritarianism and that’s a direct challenge to our democratically-run Republic. This must be stopped. If they’re allowed to get away with it this time, they’ll do it again and again, and there will be no end to it. It will be the single biggest reason for America’s demise. http://finance.yahoo.com/news/majority-rich-want-themselves-taxed-193437266.html http://www.politicususa.com/polls-taxes-deficit.html

Dec 25, 2012 1:25pm EST  --  Report as abuse
xyz2055 wrote:

flashrooster..there isn’t an explanation that I can find that accounts for the Tea Party. At best they seem to be the party of disarray. None of them have a REASONABLE solution to our problems. Their goal seems to be to simply wreck the system. Twelve years ago this country was in really really good shape. We need (IMHO) to essentially vote Congress out of office and start over. The Fiscal Cliff, at this point, looks likle a blessing to me. Hoping Obama doesn’t let them circumvent this event. Let calamity happen then fix the parts that need fixing. This current crop of politicians is useless.

Dec 25, 2012 2:23pm EST  --  Report as abuse
flashrooster wrote:

Here’s one reason why we see McConnell resisting the will of the people–he doesn’t want to see his own taxes go up: http://www.dailykos.com/story/2010/12/05/925858/-How-Mitch-McConnell-became-very-rich#

xyz2055: Yes, it’s beyond frustrating. It’s a threat to our Republic. I’m wondering if we’d have the same lackadaisical response if we were attacked by al Qaeda. Or are we just so used to having things done for us that we’d just sit around and complain like we’re doing about this? This is definitely on the level of tyranny that prompted our forefathers to hold the Boston Tea Party. It’s ironic, isn’t it? The Tea Party?

Dec 25, 2012 3:01pm EST  --  Report as abuse
bjbrock456 wrote:

You folks don’t GET IT…..BY Law “The Federal Budget Act of 1921″ the President is to present a budget to Congress. Congress then acts. We have NO Presidental leadership; and haven’t for some time. The last three budgets the current President presented received NOT ONE VOTE from either party (his own party included).

You don’t get that in NO WAY can the Federal Government raise taxes enough to cover the current and proposed future rate of Federal Spending. The issue is to cut spending congruent with additional income. The issue our President avoids. WHY? I would reallly like to know what grade he got in Economics at University….

Dec 25, 2012 3:07pm EST  --  Report as abuse
Gate wrote:

The politcally sensible compromise would be an additional Financial Services Industry Levy with a sunset clause (end date 5 years hence) and a consumer lock-out clause to prevent it being passed on by the banks and trading houses, putting the mess at the feet of those it truly belongs with. Add commensurate spending cuts and we have a win/win solution.

Dec 25, 2012 4:01pm EST  --  Report as abuse
Gate wrote:

The politcally sensible compromise would be an additional Financial Services Industry Levy with a sunset clause (end date 5 years hence) and a consumer lock-out clause to prevent it being passed on by the banks and trading houses, putting the mess at the feet of those it truly belongs with. Add commensurate spending cuts and we have a win/win solution.

Dec 25, 2012 4:05pm EST  --  Report as abuse
neilc23 wrote:

It’s too bad that Obama totally ignored the recommendations of the Commission on Fiscal Responsibility and Reform. After all, the President personally selected this commission.

What really happened is that Obama feigned integrity by establishing this bipartisan Commission. But when they acted in a bipartisan fashion, he ignored them.

Obama did the same thing when he set up and handpicked the Council on Jobs and Competitiveness. In fact, when they finally produced their recommendations, he met them only once, then totally ignored them.

The fact that virtually the entire national media also ignored the inconvenient truth that Obama ignored these two bipartisan groups that he personally set up, strongly implies that they agree with Obama’s agenda.

Dec 25, 2012 6:05pm EST  --  Report as abuse
Devils_Breath wrote:

ZERO presidential leadership….NONE. I hope you realize that obama wants America to go over the cliff. He’s done nothing to cut spending, and runaway spending is 90% of the problem, NOT tax rates.

Dec 25, 2012 8:14pm EST  --  Report as abuse
xyz2055 wrote:

bjbrockk456…I’d simply say you have no idea what you’re talking about. But you wouldn’t believe me. Would you believe Republican Paul Ryan if he said you were wrong? Well he does. The following quote is from page 4 of Paul Ryan’s “Path to Prosperity” version 3.0 2013 (which btw IS the House’s 2013 Budget).

“STATEMENT OF CONSTITUTIONAL AND LEGAL AUTHORITY

Article I of the U.S. Constitution grants Congress the power to appropriate funds from the Treasury, pay the obligations of and raise revenue for the federal government, and publish statements and accounts of all financial transactions.

In addition, the Congressional Budget and Impoundment Act of 1974 requires Congress to write a budget each year representing its plan to carry out these transactions in the forthcoming fiscal years. While the President is required to propose his administration’s budget requests for Congress’s consideration, Congress alone is responsible for writing the laws that raise revenues, appropriate funds, and prioritize taxpayer dollars within an overall federal budget.”

Furthermore, the President doesn’t get the opportunity to either sign or veto the Budget passed by Congress. Per our Constitution. Congress can have ANY Budget they want and there isn’t a single thing that the President (any President) can do about it.

Dec 26, 2012 12:26am EST  --  Report as abuse
xyz2055 wrote:

neilc..if you tell a lie enough times will it eventually become the truth? Simpson-Bowles was not a hand picked committee by Obama. The Democratic and Republican leaders picked the members. The rules of Simpson-Bowles from the start were that at the end they would hold a vote. A supermajority was required to put the bill up for a vote. It failed. Only 11 of the 18 members voted for it. HOWEVER…a repackaged version of Simpson-Bowles with less in tax increases was sent to the House for a vote where it miserably failed.

“The plan released on December 1, 2010, fell short of a supermajority on December 3, with 11 of 18 votes in favor, Voting for the report were Bowles, Coburn, Conrad, Crapo, Cote, Durbin, Fudge, Gregg, Rivlin, Simpson, and Spratt. Voting against were Baucus, Becerra, Camp, Hensarling, Ryan, Schakowsky and Stern.

On March 28, 2012, Representatives Jim Cooper (D-TN) and Steve LaTourette (R-OH) put a bill modeled on the plan, with, according to analyst Ezra Klein, “somewhat less in tax increases,” to a vote in the House where it was rejected 382 to 38. 22 Democrats and 16 Republicans supported the bill.”

neilc….you are either grossly misinformed or a liar..which is it?

Dec 26, 2012 12:37am EST  --  Report as abuse
xyz2055 wrote:

neilc…I have ACTUALLY read Simpson-Bowles. As well as Ryan’s “Path to Prosperity” (if you management to make it through all the senseless finger pointing in that document). IMHO Simpson-Bowles is superior to any other plan I’ve seen.

Dec 26, 2012 12:50am EST  --  Report as abuse
matthewslyman wrote:

I’m personally feeling increasingly optimistic about this “cliff”.
Check out the tax rates in this article:
http://www.bbc.co.uk/news/world-us-canada-20848218
— What would be such a bad thing about returning to the rates of taxation last applied during the most recent period of rapid economic growth in the United States? This should be heralded as a positive reversion. Now, if only we can support the people at the bottom who are going to get crushed to pieces by this, at the same time… May our eyes not be closed to suffering…

Dec 27, 2012 9:44am EST  --  Report as abuse
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