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May 20, 2013

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POLITICS:

Fiscal cliff fix comes down to its designers: Reid, McConnell

WASHINGTON ­— For the last four weeks, coming up with a deal to avoid the fiscal cliff has been the purview of the No. 1 Democrat and Republican in town, President Barack Obama and House Speaker John Boehner. But since they came up empty, it will be up to their No. 2 guys — Senate Majority Leader Harry Reid and Minority Leader Mitch McConnell — to strike an accord in the barely four days that remain before the end-of-year deadline when rising tax rates and scheduled spending cuts are set to cause a $600 billion economic crunch. “We had a ...

Discussion: 1 comments so far…

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  1. The fiscal cliff is a hoax designed by these robin hoods for the rich to cut the country up a little finer amongst themselves at the expense of the working class.

  2. How did we get here

    What is amazing is that Obama signed all the laws that have created the current need to increase the debt ceiling.

    First - the Bush tax rate extension until Jan 2013 was passed by Reid and Pelosi and signed by Obama Dec 2010.

    Second - Obamacare which raise $600 billion in new middle class taxes was passed by Reid and Pelosi and signed by Obama March 2010.

    Third - the trillion dollar sequester bill was fostered and then signed by Obama in 2011.

    Fourth - Obama begged for and got the payroll tax 2.3% roll back three years in a row costing $120 million per year.

    And the original grand bargain deal with the House to raise taxes by $800 billion was nixed by Obama. Now post-election Obama is doubling the revenue demand to $1.6 trillion and still rejecting elimination/capping deductions and loopholes.

  3. ---

    ---

    Finally. Finally

    Harry Reid admitted he must act

    Harry has till Sunday Morning to pass through the Senate their amendments to HR 8

    On Wednesday, August 1, 2012, the House PASSED H.R. 8, the Job Protection and Recession Prevention Act of 2012, to extend the Bush tax cuts for the middle class

    The way Congress works is the Senate must take that bill and modify it if they want with amendments and pass it and send it back to the House for reconciliation

    To date Reid has not let the Senate act

    Just another obvious point the Senate can not initiate a tax bill (which must be blue slipped) hence the Senate must act on the PASSED House Bill.

  4. This is awesome! Did you know that more then 140 prominent conservatives sent a letter to all U.S. Republican legislators telling them that in NO way are they to deal with those democrats on that fiscal cliff thing".and telling them that there WILL be consequences if the do! From the letter: "If Republicans cave in now, when it really counts, next time you will be weaker, because your conservative base will be outraged". "Many who worked hard to elect you in the past will never lift a finger for you again." I just love it when conservatives truly stand up for America! Wow! Even Virginia Thomas, the wife of Supreme Court Justice Clearance Thomas, signed it! Just like we have been saying all along".those Republicans better toe the TeaPublican line and say NO to everything".or we are going to run them right out of office come the next primary election! We TeaPublicans WILL take back America in 2014 and 2016".and we WILL take back any un-patriotic Republicans too!

  5. hope (Reid) vs. hate (McDonnald)

  6. Reid has done nothing in the Senate for years on this budget issue. I doubt if he will do anything at this point. He takes him marching orders from Obama's handlers and it is in their best interest to do nothing. Blaming the Republicans does not cut it anymore. I wish Harry would do something productive to earn his salary.

  7. Didn't they know this was coming....if you miss a dead line where I work then you will need to be looking for a new job...cause they just walked you to the door.......Mr. Reid and Mr Boehner.....

  8. Our federal government is incapable of governing... we deserve another credit downgrade and all that comes with it.

  9. Motorsports the senate has NOT passed a bill. The only thing Reid and the senate has passed in the buck! Not one, can you read, NOT one Dem, voted for Obamas plan. Reid and his senate haven't passed a budget for over 1300 days.
    Boehner takes his orders from the people that elected him, unlike Reid.

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