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Democrats threaten to go over ‘fiscal cliff’ if GOP fails to raise taxes
Washington Post ^

Posted on 07/16/2012 2:04:18 AM PDT by sunmars

Democrats are making increasingly explicit threats about their willingness to let nearly $600 billion worth of tax hikes and spending cuts take effect in January unless Republicans drop their opposition to higher taxes for the nation’s wealthiest households.

Emboldened by signs that GOP resistance to new taxes may be weakening, senior Democrats say they are prepared to weather a fiscal event that could plunge the nation back into recession if the new year arrives without an acceptable compromise.

In a speech Monday, Sen. Patty Murray (Wash.), the Senate’s No. 4 Democrat and the leader of the caucus’s campaign arm, plans to make the clearest case yet for going over what some have called the “fiscal cliff.”

“If we can’t get a good deal, a balanced deal that calls on the wealthy to pay their fair share, then I will absolutely continue this debate into 2013,” Murray plans to say, according to excerpts of the speech provided to The Washington Post.

If the tax cuts from the George W. Bush era expire and taxes go up for everyone, the debate will be reset, Murray is expected to say. “Every proposal will be a tax-cut proposal,” according to the excerpts, and Republicans would no longer be “boxed in” by their pledge not to raise taxes.

“If middle-class families start seeing more money coming out of their paychecks next year, are Republicans really going to stand up and fight for new tax cuts for the rich? Are they going to continue opposing the Democrats’ middle-class tax cut once the slate has been wiped clean? I think they know this would be an untenable political position.”

Murray’s address, set to be delivered at the Brookings Institution, is meant to influence both the Nov. 6 election and the lame-duck legislative session in November and December

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


TOPICS: Breaking News; Business/Economy; Politics/Elections
KEYWORDS: 112th; classwarfare; federalspending; pattymurray; taxandspend; taxes; taxincrease
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To: RC one
The road to hell is paved by Democrats.

With other people's money...

101 posted on 07/16/2012 11:06:46 AM PDT by Charles H. (The_r0nin) (Hwaet! Lar bith maest hord, sothlice!)
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To: CaspersGh0sts
"The debt ceiling will be reached in October by current projections. This is no time to back off from the Dems. Take them to the mat and blame them for it all—their failure to produce budgets, to stimulate the economy, and all the lot.

The Pubbies need to get out there and say "We gave President Obama all the borrowing authority he said he needed to get past the election. But it's now not enough. With the democrats it's never enough. Do your children deserve the burden of ever expanding debt?"

102 posted on 07/16/2012 11:08:19 AM PDT by In Maryland (Don't Send Law Enforcement to a gunfight carrying BEANBAGS!!!)
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To: IMR 4350

I was thinking exactly the same as you after reading that post.


103 posted on 07/16/2012 11:22:51 AM PDT by sanjuanbob
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To: wita

If businesses were not overwhelmed by these bureaucrat leeches they could/would feel comfortable to hire more people.

Take the friction away and things get done.

There are 2 kinds of people: those who talk about doing things and those who do things.


104 posted on 07/16/2012 11:32:51 AM PDT by Texas Fossil (Government, even in its best state is but a necessary evil; in its worst state an intolerable one)
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To: sunmars
Democrats are making increasingly explicit threats about their willingness to let nearly $600 billion worth of tax hikes and spending cuts take effect in January unless Republicans drop their opposition to higher taxes for the nation’s wealthiest households.

I was so outraged this morning when I heard about this. The Dems decided to make everyone in the United States suffer, because they think it is a beneficial political tactic for them? Really?

This should be played by every Republican candidate. The ads write themselves. As for Patty Murray --- (sigh) she is my Senator. I've never voted for her; but, I'm stuck with her nonetheless.

105 posted on 07/16/2012 11:40:45 AM PDT by LibertarianLiz
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To: IMR 4350

I am talking about PRIVATE sector unions. They aren’t driving anyone’s costs up. Get a clue. I am not in a union but I know a scapegoat when I see one. A straw man for the gloBULList.


106 posted on 07/16/2012 11:57:30 AM PDT by central_va ( I won't be reconstructed and I do not give a damn.)
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To: central_va
Unions are anti-competitive by their very nature. They stifle innovation and initiative AS A BASIC FUNCTION OF THEIR EXISTENCE.

I don't know how any sane person could claim otherwise.

107 posted on 07/16/2012 12:15:08 PM PDT by Trailerpark Badass
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To: Trailerpark Badass

Private sector union participation is at 6.5%. The claim was a $1.00USD screwdriver made by Chinese slaves would cost $10.00USD if made in the USA. That is just insane. At most labor accounts for 10% of any manufactured item, so it MIGHT cost $1.10USD not $10.0USD.


108 posted on 07/16/2012 12:20:14 PM PDT by central_va ( I won't be reconstructed and I do not give a damn.)
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To: IMR 4350
Everyone should be forced to pay $10 for a US, union made screw driver just to change a light switch, instead of paying $1 for a Chinese made screw driver to change that light switch.

You forgot the /s.................

109 posted on 07/16/2012 12:29:09 PM PDT by Osage Orange (8675309)
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To: All


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110 posted on 07/16/2012 12:33:23 PM PDT by musicman (Until I see the REAL Long Form Vault BC, he's just "PRES__ENT" Obama = Without "ID")
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To: Salman

Said the suicide after he jumped off the building but before he hit the ground, “so far so good”. We’re already over the cliff in free fall just waiting to hit the ground.


111 posted on 07/16/2012 12:45:02 PM PDT by Locomotive Breath
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To: sanjuanbob

Sometimes you need the best, sometimes second best will do.

There is no way possible I would try and use Chinese made pipe wrenches for oilfield work. You’ll end up on your ass in a heartbeat. If they don’t break they will bend on you.

At the same time you don’t need a $50 pipe wrench to clean out the trap on your drain. A $10 pipe wrench will do just as good. and you have $40 bucks to spend on something else.

American made is fine, but it’s just not necessary all the time.

Your going broke doesn’t help anybody and I don’t know why some of these people can’t see that.


112 posted on 07/16/2012 2:02:28 PM PDT by IMR 4350
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To: central_va
Yes they are.

I worked in a shipyard that had unions, I didn't join.

We were building destroyers for the navy.

The cost of those destroyers were apx 1/3 more than they would have been had it not been union.

On union jobs, if you need X number of people to do the job, the union will require you to hire not just the X number of people that are needed to do the job, but also Y number of extra people.

The extra cost of people that aren't needed is passed on just like the cost of the people that are needed.

113 posted on 07/16/2012 2:16:38 PM PDT by IMR 4350
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To: sunmars

http://www.youtube.com/watch?v=O-cnBGMMmCI


114 posted on 07/16/2012 2:23:04 PM PDT by Eleutheria5 (End the occupation. Annex today.)
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To: RatRipper

Besides, every tax dollar “raised” turns into $1.50 more spending by Dems.


115 posted on 07/16/2012 2:28:59 PM PDT by Fledermaus (Democrats are dangerous and evil. Republicans are useless and useful idiots.)
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To: ichabod1

“Compromise” in politics means throwing your principles out the window and agreeing with the left.

No thanks.


116 posted on 07/16/2012 2:31:14 PM PDT by Fledermaus (Democrats are dangerous and evil. Republicans are useless and useful idiots.)
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To: central_va

Labor is the single largest cost for any business. I’d like to see your source for “at most accounts for 10% of a manufactured item”.


117 posted on 07/16/2012 2:35:26 PM PDT by Fledermaus (Democrats are dangerous and evil. Republicans are useless and useful idiots.)
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To: IMR 4350

Building Navy ships is not private sector. Apples to oranges.


118 posted on 07/16/2012 2:36:30 PM PDT by central_va ( I won't be reconstructed and I do not give a damn.)
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To: Fledermaus
Labor is the single largest cost for any business. I’d like to see your source for “at most accounts for 10% of a manufactured item”.

Here is your answer:

in the US, it takes about 30 hours total, for the body, engine, transmission, assembly, paint, etc. doesn't include things like outsourced parts and mining the ore (or recycling old cars). the labor costs from $55-$70 per hour including benefits so about $2100 per car, or roughly 8% the cost of the average car. doesn't sound that high until you compare the tata nano, which costs $2500 total.

Read more: http://wiki.answers.com/Q/How_much_does_labor_cost_to_build_a_new_car#ixzz20pFSqHqM

119 posted on 07/16/2012 3:03:15 PM PDT by central_va ( I won't be reconstructed and I do not give a damn.)
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To: central_va

That’s cost analysis done by us bean counters for pricing.

Overall labor costs are what drove GM to bankruptcy with fat union contracts paying people for life.


120 posted on 07/16/2012 3:13:35 PM PDT by Fledermaus (Democrats are dangerous and evil. Republicans are useless and useful idiots.)
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