Posted on 12/30/2012 5:03:00 PM PST by Sub-Driver
Reid: No Senate vote Sunday night
Posted by CNN Political Unit
(CNN) Following a day of ups and downs in the fiscal cliff talks, Senate Majority Leader Harry Reid said the Senate will meet back again Monday, meaning there will be no vote on a deal Sunday night.
The chamber will reconvene at 11 a.m. ET, he announced on the Senate floor. Saying there's "still significant distance between the two sides," Reid confirmed negotiations are continuing, nonetheless.
"We'll have further announcements perhaps at 11 in the morning. I certainly hope so," Reid added.
Monday marks the final deadline for a deal to avert a large combination of tax hikes and spending cuts to kick in at the start of 2013.
Also on the floor, Reid said he was "really gratified to hear the Republicans have taken their demand for Social Security benefit cuts off the table."
Earlier in the day, talks seemed to come to a standstill after a Democratic source told CNN that Republicans were insisting any deal include chained CPI, a move that Democrats staunchly opposed.
Chained CPI would change the way Social Security benefits are adjusted for inflation, effectively meaning Social Security recipients would receive less money over the years.
Multiple senators later told CNN that the provision was no longer part of the talks.
"The truth is they should never have been on the table to begin with," Reid said.
(Excerpt) Read more at politicalticker.blogs.cnn.com ...
Speaker Boehner,
Get a clean 3 year extension of the current rates passed by the House.
Announce that until that Bill is passed by the Senate as is and signed into law by the President there will be no discussion on the debt ceiling at all.
Then adjourn.
L
I’ll bet that some of the esteemed Seators are at the Redskins’ game.
Does Harry Reid and the MSM really believe that removing 800 Billion $$ out of the private sector and handing it over to Washington followed by another $1 Trillion taken out for Obamacare in the same year is the right medicine for a struggling economy?
All day on TV including Fox, they seem to act like if nothing happens then the world is going to end.
You know the Texas contingent is there.
They've ALL known ALL ALONG that taxes WILL go up, spending/entitlements will NOT be cut and we've all been made to play along as pawns, through out the whole show.
why hasn't the pub party gone public big time and tell the sheeple what is at stake?...instead, they are like timid little idiots....
my advice, if you can do it, increase your W2 deductible immediately....let the govt starve....they're going to get your money one way or another....
and stop buying....stop consuming....
The problem is, the higher withholding rates will not go into effect January 1st, other than the expiration of the 2 percent payroll tax discount. So people will not be feeling the pain to hit the phones and emails hard.
/bingo , Lurker.
Thanks Sub-Driver.
Someone help me out here. I see it this way: The only way this is really a threat is if it goes on for a very long time. Otherwise, they just make it retroactive.
“Why hasn’t the pub party gone public and tell the sheeple”
Gone public in what media? The MSM worships the Dems and Obama.
Anyone who is interested in the truth seeks it out in other areas. Sadly, few care to do that.
“Speaker Boehner,
Get a clean 3 year extension of the current rates passed by the House.
Announce that until that Bill is passed by the Senate as is and signed into law by the President there will be no discussion on the debt ceiling at all.
Then adjourn.”
This
We’ve been told to fear the fiscal cliff. The media has hyped this manufactured crisis for months; and yet few actually understand what would happen were we to fall off the mythical cliff.
Actually, two things would happen and both of those things actually exposes the myth behind the so-called fiscal cliff. 1) Taxes would go up and 2) politicians in Washington would pretend - REPEAT... PRETEND - to stop their out-of-control spending.
Yes, taxes would go up. According to the Tax Policy Center, taxes would go up by an average of $3,500 a year and jump $2,400 on average for families with incomes of $50,000 to $75,000.
But... here’s what the political elites and the media aren’t telling you. Nothing - REPEAT NOTHING - would prohibit politicians in Washington from turning right around the very next day and doing what they should have been doing all along... pushing for real tax relief for ALL Americans, and if we allow them to have their grand compromise NOW... they won’t want to do LATER.
And we’re not talking about simply preserving the current tax rates for SOME Americans and calling it a “tax cut” ... we’re talking about instituting actual tax cuts for ALL Americans, because that’s what our ailing economy so desperately needs right now.
Senator Charles Grassley recently said: “[T]he problem up to this point is that the presidents been talking just about tax increases and you can have all of the tax increases he wants and youre going to take care of eight to 12 percent of the annual deficit. Its about time we start talking about the other 90 percent. We have a spending problem. We dont have a taxing problem.”
Grassley is right. No nation has EVER taxed its way into prosperity. We’re not under-taxed. Politicians squander too much of your money.
Our only hope is to grow our economy out of this crisis, and that’s not going to happen as long as they’re talking about a mythical fiscal cliff... and that’s not going to happen if Mr. Boehner, Mr. Reid and Mr. Obama get their grand compromise and raise taxes on job-creators and merely pretend to curtail government spending.
When they want to squander more and confiscate more of your hard-earned money in another six months, they’ll simply invent another fiscal cliff out of thin air... and they’ll do it again, and again, and again.
It’s time to get off of this idiotic Merry-Go-Round and tell our elected officials to put a stop to this fiscal cliff charade. The political dialogue in Washington must change TODAY and you can make that happen by sending a message that has has real impact right here and right now.
Kimberly Strassel with the Wall Street Journal put it another way: “Republicans will face a choice. They can continue the folly of believing this president will compromise. Or they can realize that he will never be reasonable on taxesand so they cant give anything away. They can realize that... theyll have to state their own big demands and force him to explain his lack of leadership. They can realize that backroom talks are a suckers game.”
https://fs8.formsite.com/GrassTopsUSA/form520/secure_index.html
Who wants to bet that the sun will shine on January 2nd.
If only...
Thank you for the ping, Mr. Civilizations.
There will be no Sunday discussion or debate regarding the budget as all of them are very religious, God fearing people.
.....And not much to be said on Monday, being a “short day” due to New Years’ Eve....(excuses,excuses)
I’ll call that obvious bluff. ;)
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