Free Republic
Browse · Search
News/Activism
Topics · Post Article

Skip to comments.

"Fiscal cliff" deal reached between White House, lawmakers: source
reuters ^ | 12/31/12 | reuters

Posted on 12/31/2012 7:03:38 PM PST by Nachum

(Reuters) - The White House and congressional lawmakers have reached a deal to avoid the "fiscal cliff" that would delay harsh spending cuts by two months, Obama administration officials said on Monday.

President Barack Obama called Democratic Senate Majority Leader Harry Reid and House of Representatives Minority Leader Nancy Pelosi, who both signed off on the deal, one source said.

The agreement includes a balance of spending cuts and revenue increases to pay for the delay in the automatic spending cuts that would go into effect without a deal by lawmakers.

(Excerpt) Read more at reuters.com ...


TOPICS: News/Current Events
KEYWORDS: 112th; braking; bullcrap; cliff; deal; fiscal; fiscalcliff; lawmakers; onepartydeal
Navigation: use the links below to view more comments.
first previous 1-5051-61 last
To: Graewoulf

No spending cuts!

Washington is not going to tighten its belt.

Every one is heading back to the banquet table for another round.

Happy New Year!


51 posted on 12/31/2012 8:35:59 PM PST by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
[ Post Reply | Private Reply | To 48 | View Replies]

To: Lancey Howard
We are!! Good one.

Add in the drones now and what is really much different today?

52 posted on 12/31/2012 8:36:57 PM PST by MarMema (eh.)
[ Post Reply | Private Reply | To 23 | View Replies]

To: Cementjungle

On the richest people who vote for Obama.

If they want to pull the cart, tell me why I should save them from themselves.


53 posted on 12/31/2012 8:37:32 PM PST by goldstategop (In Memory Of A Dearly Beloved Friend Who Lives In My Heart Forever)
[ Post Reply | Private Reply | To 50 | View Replies]


54 posted on 12/31/2012 8:40:34 PM PST by Hoodat ("As for God, His way is perfect" - Psalm 18:30)
[ Post Reply | Private Reply | To 1 | View Replies]

To: goldstategop

” - - - Washington is not going to tighten its belt.”

Duh, then why do they call DC “The Beltway?”


55 posted on 12/31/2012 8:46:26 PM PST by Graewoulf ((Traitor John Roberts' Communal Obama"care" violates Anti-Trust Laws, AND the U.S. Constitution.))
[ Post Reply | Private Reply | To 51 | View Replies]

To: Nachum
Kicking the can down the road

If they were actually borrowing existing money to finance deficit spending, then one could qualify it as kicking the can down the road. But that's not what is happening. This Printing-up-new-money-to-finance-government has a far more sinister effect. This effect is intentional. Who needs a tax increase on the top 1% which will only bring in $80 billion or so when you can devalue the currency instead and steal $6 trillion in net worth from those holding dollars instead. No sir, this isn't kicking the can down the road. This is high treason.

56 posted on 12/31/2012 8:46:53 PM PST by Hoodat ("As for God, His way is perfect" - Psalm 18:30)
[ Post Reply | Private Reply | To 1 | View Replies]

To: goldstategop
If they want to pull the cart, tell me why I should save them from themselves.

They aren't going to bail us out... we're the ones who will eventually have to pay for the debt that's being racked up.

That day will come... and it'll hurt a lot of people when it does. Think an abrupt end to SS retirement payments, unemployment checks, and so on... once our credit get's yanked, we're toast.

The rich will simply hunker down and do fine.

57 posted on 12/31/2012 8:50:59 PM PST by Cementjungle
[ Post Reply | Private Reply | To 53 | View Replies]

To: Nachum

So the minority just made a deal amongst themselves?

TT


58 posted on 12/31/2012 9:11:57 PM PST by TexasTransplant (This needs to go viral http://vimeo.com/52009124 please watch it)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Texas Songwriter

“When Bohner became speaker he said all legislation would be put on the internet for 72 hours so everyone could see it. He also said they had to give a Constitutional rational for the legislation. I can see neither.”

How is Boehner supposed to post for 72 hours when Your Messiah is changing his goal every 20 minutes?


59 posted on 12/31/2012 9:34:45 PM PST by Rembrandt (Part of the 51% who pay Federal taxes)
[ Post Reply | Private Reply | To 17 | View Replies]

To: Rembrandt

He puts it on the web and votes one week later. And I am sure you were kidding about the MF, SOB, no count, counterfeit Kenyan pretender, lying, POS, dictator as being “YOUR MESSIAH”. I know you were kidding.


60 posted on 12/31/2012 9:43:14 PM PST by Texas Songwriter (THAT)
[ Post Reply | Private Reply | To 59 | View Replies]

To: exit82

Read the Constitution. They always do it that way. The House had gone home to party. The Senate was doing strange stuff at midnight ~ mainlining probably.


61 posted on 01/01/2013 6:32:19 AM PST by muawiyah
[ Post Reply | Private Reply | To 32 | View Replies]


Navigation: use the links below to view more comments.
first previous 1-5051-61 last

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
News/Activism
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794
FreeRepublic.com is powered by software copyright 2000-2008 John Robinson