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 1-2021-4041-6061 next last
Kicking the can down the road
1 posted on 12/31/2012 7:03:56 PM PST by Nachum
[ Post Reply | Private Reply | View Replies]

To: Nachum

So are they going to pass it so we can find out what’s in it?


2 posted on 12/31/2012 7:06:03 PM PST by CynicalBear
[ Post Reply | Private Reply | To 1 | View Replies]

To: Nachum

Right!

Who will be the first out and say that they were the ‘Hero’ that saved the American Public?


3 posted on 12/31/2012 7:06:04 PM PST by K-oneTexas (I'm not a judge and there ain't enough of me to be a jury. (Zell Miller, A National Party No More))
[ Post Reply | Private Reply | To 1 | View Replies]

To: Nachum

dems would love no fiscal budgets for 8+ years.


4 posted on 12/31/2012 7:06:08 PM PST by Secret Agent Man (I can neither confirm or deny that; even if I could, I couldn't - it's classified.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Nachum

So are they going to pass it so we can find out what’s in it?


5 posted on 12/31/2012 7:06:21 PM PST by CynicalBear
[ Post Reply | Private Reply | To 1 | View Replies]

To: Nachum

Liberals don’t think you need a budget, Conservatives think you do.


6 posted on 12/31/2012 7:10:23 PM PST by gorush (History repeats itself because human nature is static)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Nachum

“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.”


so does this mean for every $1 of tax increase there will be $1 in spending cuts???


7 posted on 12/31/2012 7:11:03 PM PST by God luvs America (63.5 million pay no income tax and vote for DemoKrats...)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Nachum

No Deal — we’ve kicked the can down this road before.


8 posted on 12/31/2012 7:11:36 PM PST by Uncle Chip
[ Post Reply | Private Reply | To 1 | View Replies]

To: Nachum

Weren’t all bills going to be posted online for 72 hours preceding a vote?


9 posted on 12/31/2012 7:12:05 PM PST by research99
[ Post Reply | Private Reply | To 1 | View Replies]

To: Nachum

>> 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

Huh? Who cares if Pelosi signs off on it? She is the MINORITY leader.

Did Boner and the Republican castrati “sign off” on it? That’s the relevant question.


10 posted on 12/31/2012 7:13:00 PM PST by Nervous Tick (Without GOD, men get what they deserve.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Nachum

Glad to hear that ex-speaker Pelosi can call a vote in the house and pass this great compromise bill without any Republican help.


11 posted on 12/31/2012 7:13:26 PM PST by Yo-Yo (Is the /sarc tag really necessary?)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Nachum

12 posted on 12/31/2012 7:13:35 PM PST by TSgt (...voters discover that they can vote themselves generous gifts from the public treasury.)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Nachum

So they kicked the can down the road 2 months ... surprise, surprise, surprise!


13 posted on 12/31/2012 7:15:36 PM PST by relee ('Till the blue skies drive the dark clouds far away)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Nachum

The article lead in says obummer, piglosi and reid have signed off on it. Notice someone is missing?


14 posted on 12/31/2012 7:15:49 PM PST by pfflier
[ Post Reply | Private Reply | To 1 | View Replies]

To: Nachum
The agreement includes a balance of spending cuts and revenue increases...

I swear I feel more and more like Winston Smith listening to propaganda from the ministry of truth each passing day.

15 posted on 12/31/2012 7:17:10 PM PST by Washi (Socialism is Slavery)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Nachum

Revenue bills have to originate in the House.

Does anyone read the Constitution anymore?


16 posted on 12/31/2012 7:18:14 PM PST by exit82 ("The Taliban is on the inside of the building" E. Nordstrom 10-10-12)
[ Post Reply | Private Reply | To 1 | View Replies]

To: CynicalBear

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.


17 posted on 12/31/2012 7:18:23 PM PST by Texas Songwriter (THAT)
[ Post Reply | Private Reply | To 2 | View Replies]

To: Uncle Chip
Be interesting to see if they can get the votes to do this ~ somehow I doubt the Dem rank and file are going to go along with anything that equates $1 cut to $1 new tax ~ and actually does it.

The Pubbies may not even have to vote on anything.

18 posted on 12/31/2012 7:18:43 PM PST by muawiyah
[ Post Reply | Private Reply | To 8 | View Replies]

To: Nachum

“Harsh spending cuts” ? You mean cutting 1% of spending over 10 years ? What a joke. We need to cut 1 trillion NOW and implement a Balanced Budget Amendment immediately.


19 posted on 12/31/2012 7:19:22 PM PST by fieldmarshaldj (Resist We Much)
[ Post Reply | Private Reply | To 1 | View Replies]

To: Nachum

This is more LIES from the news media. The media really want this deal so badly they have been on this fiscal cliff bs for a month and now are writing fake articles. We see what the media wants so go against them:

call GOP Congressmen , tell them not to vote for this nor any deal , go over the news media’s stupid cliff(which is not a cliff):

Congress switchboard number: (202) 224-3121.


20 posted on 12/31/2012 7:19:33 PM PST by Democrat_media (media makes mass shooters household names to create more & take our guns)
[ Post Reply | Private Reply | To 1 | View Replies]


Navigation: use the links below to view more comments.
first 1-2021-4041-6061 next 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