Posted on 12/31/2012 6:16:05 PM PST by bd476
WASHINGTON (AP) — A Democratic aide says the White House and congressional Republicans have reached an agreement to avert the so-called fiscal cliff.
The measure would extend Bush-era tax cuts for family incomes below $450,000 and briefly avert across-the-board spending cuts set to strike the Pentagon and domestic agencies this week.
(Excerpt) Read more at bigstory.ap.org ...
Not in time, we go off the cliff in exactly an hour. It doesnt matter after that. The earth blows up and takes the sun with it.
Bohner will pass this deal in House with Dem votes so the R votes against it as with opposition to plan B will just be symbolic, which is consistent with this lame duck congress two years waste.
Boy you can say that again. What a nightmare.
Agree, Plain talk, it is suspicious. Whenever a dirty underhanded deal is done, we can always look to the Dems as the engineers because they have so much practice that they have the manufacture of dirty deals down to a science.
We have the same thing in the TX House of Representatives, with “moderate” Speaker Joe Straus holding on with all the Democratic votes and a couple of dozen Republican votes. The conservatives, who have the House plurality, hence lose over and over. Even when conservatives make headway, nothing counts because they lack the supermajority.
To Washington politicians, a slight reduction in a planned increase equals a “cut”. I’m planning to increase spending by $200 billion next year. I’ll reduce that to a $100 Billion increase in exchange for tax increases. The average dolt believes there has been a $100 Billion cut instead of a $100 Billion spending increase. Is it any wonder that the US is in a financial mess?
I guess this tells us exactly how Boner will “fight” ObamaCare. The guy holds the purse strings, but doesn't have the balls to use his power. His weakness further empowers Obama and the Dem's.
Agree, it's puzzling.
The middle class tax cuts were saved. [BY THE KENYAN]
Laurel & Hardy will not push back hard enough and the narrative will be that the GOP just wanted to save the millionaires from tax increases.
The GOP gameplan was a pathetic hot mess. Leadership needs to be cleaned out. 4 full years of total fail in opposition to Obama.
People in KY still won’t say what’s so great about their
Mitch McC. It must be classified information?
That is the truth.
Spending cuts are never going to happen.
Every one is happy to get their current benefits. Most people have been spared pain.
Rich Obama voters will pay a little more to keep the rest of us from starving and being out on the streets.
Boehner of OH (another state that has harmed America) endorsed Obamacare funding after the election: said it is already agreed upon and MUST be funded.
Littleharbour I hear what you're saying but I still have some hope that people will recognize it for what it is.
I have changed my mind.
I don’t think Bonehead is going to make his House Rino Monkeys vote
on a tax increase for the rich. After all, his House Rino Monkeys are the
source of his power. Why would he make them vote for a tax increase,
when many of them would be primaried out of office in 2014?
He won’t expose them.
However, after tonight, when taxes go up on everybody, he will allow a
vote to reducing taxes on most brackets. That’s my line of thinking now.
The logical extension of the current state of affairs presses harsh hope against time.
Long gone, the tipping point of reason, slips beneath our wisdom.......like a stone.
This report had better be wrong. If the Republicans sold the tax payers out this time - again, like they always do, they've committed political suicide. How could they not realize that? Do they have the faintest idea why the tax payers don't bother to vote at all anymore?
Agree. Well said Borg5575.
No they won't. Oboma rejected Bohners offer to bring in same revenue through loop hole cuts. Oboma protected his donors, and refused to steal from anyone but the working class. The rich Oboma buddies cash is safe. They won't owe a penny.
You are indeed correct. I guess I was hoping that this wimp could be swayed to do the right thing. OOPS!
So it’s 2013 already and where’s this Senate deal?
Hard to blame Boehner when Reid can’t even get that steaming pile out of the Senate.
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