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Subscribe to RSSUpdated 11:43 am ET President Barack Obama’s fiscal cliff negotiator, Treasury Secretary Tim Geithner, predicted on NBC’s Meet the Press Sunday that congressional Republicans will accept Obama’s plan to raise income tax rates and limit deductions on people making $200,000 and over. “I think we’re going to get there,” he told NBC’s David Gregory.
He said if Republican leaders have their own alternative ways to reduce federal deficits, they need to offer Obama their proposals.
Treasury Secretary Timothy Geithner made the Sunday morning talk show rounds, saying "the only thing that stands in the way of a deal right now is if a group of Republican members decide they're going to block a deal." NBC's Mike Viqueira reports.
“We need to know what they’re prepared to do on (tax) rates and revenues and we need to know what they’re prepared to do on the spending side,” he said.
So far, Geithner said, they have not said “who should pay higher taxes.”
In contrast, Geithner said, Obama has been specific, for example, about how he’d shift more of the burden of paying for Medicare to affluent retirees: his fiscal year 2013 budget proposal would increase premiums and co-payments for higher-income Medicare beneficiaries, starting in 2017.
“If the Republicans don’t like those ideas and they want to do it differently (or) they want to go beyond that, then they have to tell us what makes sense for them and then we can take a look at it,” he said.
Geithner is leading the bargaining with GOP leaders on how to avoid the “fiscal cliff” –Washington jargon for the combination of tax increases and spending reductions which are scheduled to occur under current law at the end of the year and which the Congressional Budget Office has said would tip the economy into a recession.
Treasury Secretary Tim Geithner and Sens. Bob Corker and Claire McCaskill detail the ins and outs of the efforts to reach a deal to avert the fiscal cliff.
With 29 days left to reach an agreement on avoiding the fiscal cliff, neither GOP leaders nor the president seem to be taking steps toward an accord.
Two senators who were re-elected last month, Sen. Claire McCaskill, D- Mo., and Sen. Bob Corker, R- Tenn., also appeared on Meet the Press to comment on the fiscal cliff negotiations.
Corker said he supported “closing loopholes” which he called "a pro-growth way of getting more revenues from wealthy Americans." He predicted that ultimately “cooler heads will prevail” and the two sides will agree on a deal.
Corker said that in the fiscal cliff bargaining Obama had not yet proposed additional curbs on Medicare and other entitlement spending and he predicted “you’re not going to have a deal until that happens.”
McCaskill said if current tax rates expire at year end, then “we would come back in January first thing and pass a tax cut” along the lines of Obama’s proposal. “Are the Republicans going to vote ‘no’ on that?” she asked incredulously.
On Medicare, McCaskill said she would support “more aggressive means testing from higher co-pays from those people who can afford it.” In his Fiscal Year 2013 budget blueprint Obama proposed higher premiums and co-payments for higher-income Medicare recipients, cutting $28 billion in federal spending over ten years.
Americans for Tax Reform founder Grover Norquist discusses remarks made by Treasury Secretary Tim Geithner on Meet the Press.
But liberal Democrats have opposed that idea, saying it could erode support for Medicare among upper-income people, leading them to opt out of the program. “This will end Medicare as we know it,” said Rep. Allyson Schwartz, D- Pa., last spring when Republicans adopted Obama’s higher premium and co-pays idea as part of the negotiations over how to offset the cost of cutting the Social Security payroll tax.
Obama’s initial fiscal cliff bargaining position has been that income tax rates and tax preferences enacted since 2001 should remain in effect for single earners making less than $200,000 a year and for married couples filing joint return who make less than $250,000.
In a statement Sunday, House Democratic Leader Nancy Pelosi urged House Speaker John Boehner to bring to the floor a bill already passed by the Senate to continue current income tax rates for people making less than $200,000.
She said if Boehner "refuses to schedule this widely-supported bill for a vote, Democrats will introduce a discharge petition to automatically bring to the floor the Senate-passed middle class tax cuts." A discharge petition is procedure by which a bill may be forced out of a committee and onto the House floor for a vote. The Democrats would need to get 218 members of the House to sign a discharge petition in order for this procedure to succeed.
Republican leaders oppose any tax increase, although they would agree to a redesign of the income tax system that could raise more revenues for the federal government by ending or curtailing some deductions and other tax breaks.
The GOP leaders also want some plan for reductions in spending on Medicare and other entitlements.
The fiscal cliff refers to:
- The expiration at year end of tax reductions enacted in 2001, 2003, 2009, and 2010.
- A 27 percent cut in Medicare’s payment rates for doctors’ services.
- A ten percent cut in defense spending and an 8 percent cut in nondefense spending -- cuts mandated by the Budget Control Act which Obama signed into law in 2010 as a part of a deal with Republicans to get them to agree to raise the federal government’s borrowing limit.
- The end of emergency unemployment benefits.
- The end of a temporary reduction of 2 percentage points in the Social Security payroll tax which was in effect this year and in 2011.
In addition the Affordable Care Act will impose, starting in January, a new 3.8 percent Medicare payroll tax on income above $200,000 and will expand the tax to cover investment income as well as wage and salary income.
About two-thirds of the fiscal cliff comes from the impending tax increases scheduled to take effect at the beginning of 2013 under current law.
According to the nonpartisan Tax Policy Center, "Taxes would rise by more than $500 billion in 2013—an average of almost $3,500 per household—as almost every tax cut enacted since 2001 would expire."
A report issued in October by the Center found that almost 90 percent of Americans would see their taxes rise unless Congress and the president agree to change current law. "For most households, the two biggest increases would be the expiration of the temporary cut in Social Security taxes and the expiration of the 2001/2003 tax cuts," the report said.
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http://www.breitbart.com/Big-Government/2012/12/02/Boehner-tells-Geithner--You-cant-be-serious
Nice that NBC left out this little tidbit. Namely enabling Obama to become the next dictator of the US by giving him the power to raise the national debt any time he chooses.
This is owned by the Democrats, Obama set this entire cliff BS in motion himself. So over the cliff we go.
NEWS FLASH
OBAMA ADMINISTRATION SHOWING MORE SIGNS OF BEING CORRUPT. HE IS IN BED WITH RICH SUPPORTERS
Costco co founder and CEO, Jim Senegal, a large supporter of Obama even speaking at the Democrat national convention get a special tax break. They were awarded a special dividend to avoid the Mr. Obama’s dividend tax increase
COPY AND PASTE BELOW IN BROWSER (Moderator does not allow links)
online.wsj.com/article/SB10001424127887324705104578147513153831692.html
reuters.com/article/2012/11/28/us-costco-dividend-idUSBRE8AR0Q220121128
news.yahoo.com/costco-pay-7-special-dividend-december-18-145925944--sector.html
foxbusiness.com/on-air/willis-report/blog/2012/11/30/tax-fairness-obama%E2%80%99s-friends-what-about-rest-us
News Flash.
Is Sheldon Adelson one of Obama's friends now ?
You should have read the articles.
Congress could still overturn the President's decision by a two-thirds vote. Further, that is merely a credit limit, not an increase to his power to spend. Appropriations still remain in the Congress, which the President may veto And whose veto may be overcome by a two-thirds vote.
So, it really only reduces the chances that a "rouge group" in Congress may hold the "good faith and credit" of the United States hostage to a minority perspective.
There is no substantive shift in power between branches.
There is a Democratic proposal on the table, to extend middle class tax cuts, along with other things. There is no Republican counter-proposal. Unless a "reasonable" counter-proposal, suitable to a Congressional majority in both chambers and the Administration is arrived at we'll "go over the cliff" and most likely into another recession.
Republicans will rightfully be blamed and it will be basically the end of the current Republican Party.
The essence of representative democracy is the ability to reach compromises; thanks to the likes of Grover Norquist and others, the Republican Party has backed itself into a corner as a Party of no compromise.
Eric, we all get it, you just learned to copy and paste so you pasted here 10 times. You win a cookie for a job well done on your learning experience. That's just a sign of a troll and spamming. Maybe the moderator should just delete you.
Do not shoot the messenger
How does it make you feel that the major pushes and supporters of Obama Care are getting the majority of waivers ?
1 in 5 waivers go to Nancy Pelosi's district as of May 2011
thegatewaypundit.com/2011/05/nearly-20-of-latest-obamacare-waivers-go-to-pelosis-district/
Labor unions primary recipients of Obamacare waivers
savingtherepublic.com/blog/tag/labor-unions-primary-recipients-of-obamacare-waivers/
Unions Get Waivers Bought With Political Cash
news.investors.com/ibd-editorials/011012-597373-big-labor-free-rides-on-obamacare-waivers.htm
AARP a major supporter maked 2.8 billion from it and gets a waiver
forbes.com/sites/aroy/2012/09/22/the-aarps-2-8-billion-reasons-for-supporting-obamacares-cuts-to-medicare/
nationalreview.com/corner/328338/aarp-made-28-billion-obamacare-avik-roy
Let me offer up some proposals for you incompetent idiots on both sides of the isle. #1 Stop spending twice as much as you take in. #2 Stop running the printing presses 24/7/365 to make up for the extra spending. #3 Stop holding out your grubby paws to China and borrowing the difference that the printing presses won't turn out fast enough to satisfy your bloated over spending. #4 Stop trying to financially appease and dominate the entire damn planet and start showing a little more concern for your own country and it's peoples well being, afterall THAT is where your money comes from you damned bunch of dolts. There, very simple, now get to it!
Republicans must be brain dead, they have offered no detailed solutions of their own, refuse to join in a debate and say nothing but NO to everything offered by Obama. Republicans must still be focused on making Obama a one term president.
Your one to talk.
We offered many solutions.
Democrats have yet to offer any thing but raise taxes and another 50 billion dollar pay off to Democrat political Cronies. Called stimulus.
Name ONE of these 'solutions' Republicans have proposed .
One.
"Name ONE of these 'solutions' Republicans have proposed."
"One"
Spend less.
The republicans have proposed reducing tax deductions and closing tax loopholes for those making over $250,000 which could add more tax revenues than a tax increase of about 2%. In return they are looking for spending cuts from Obama but Obama will not compromise.
What's lost in the discussion is the tax raise already scheduled on those making more than $200,000 coming from Obama care.
Anybody ever stop to think that this all started at the end of the Clinton term with a surplus that some genius thought should be given back to the taxpayers +, instead of creating a rainy day fund???
Had the tax rates stayed at what they were then, we would have had the funds to pay for those phony wars and the housing bubble wouldn't have happened because people would not have had 'fake' income to buy houses they couldn't afford.
And the dumbest tax reduction of all is the one they call the 'payroll tax deduction' where they reduced the social security rate. That rate should be put back to where it was and collected on all income just as Medicare is. Oh, yeah - the congressional fools who did that should also be taken off their way out pension plan and put on social security like the rest of us.
Boehner, we the Democrats, and million of conscientious Republican, and Independents will remember you for
ever as the indolent persistent blocker of progress for our country, and we will work hard in the next elections in 2014, to kick you out of the House of Representatives. We will pursue this task with all our heart. Our prime future agenda is to consolidate our efforts to get you fast ejected in the next elections out of a job you did not know how to do efficiently, you did not earned it, and you do not deserved it as an American! We will make you
invisible by jerking you out to never return because have done so much damaged to the American people, you destroyed our credit ratings during the Budget Ceiling discussions by so much indolent opposition
against the president Obama. Unfortunately, for the people of America your negative actions quickly ricochet against the middle class, stopping their opportunity for job creations, better economics future, and less poverty. We still do not understand, and cannot mentally accept a man's in your position to work for America, to be so weak and wrong leading this mass of incoherent Tea Party nuts, and Republican members put there by the people to supposedly work for the people benefits, and for the people gains only, and not for monetary growth, and big publicity names in the House of Representatives. You made yourself a detestable inhuman, with no bipartisan abilities at all. We deeply feel sick just by listening to your bully unaccomplished voice always commanding nothing but despair, no jobs, no presidential Bills passed, only future poverty, and anti -health opposition for the citizens. You need to be put out of your job quickly to save America, and we can hardly wait for the next elections to do it! You and all of you have put us through misery, poverty, and no jobs, you
have discredited our USA credit ratings by not wanting to increase the Debt Ceiling, but you kissed the rear of Bush, and increased the debt ceiling many times with no scruples or hesitation, it was because you adore this Republican man of poor and devastating presidential performance as worthless and reckless, just like
yours!
Republicans are not on your boat. Democrats made this issue. Democrats need to work and move off there high end garbage that resolves nothing. Democrats propose to spend more. That all your side brought to the table. The same as you all elected him with. NO ideas not nothing....
NEWS FLASH
OBAMA ADMINISTRATION SHOWING MORE SIGNS OF BEING CORRUPT. HE IS IN BED WITH RICH SUPPORTERS
Costco co founder and CEO, Jim Senegal, a large supporter of Obama even speaking at the Democrat national convention get a special tax break. They were awarded a special dividend to avoid the Mr. Obama’s dividend tax increase
COPY AND PASTE BELOW IN BROWSER (Moderator does not allow links)
online.wsj.com/article/SB10001424127887324705104578147513153831692.html
reuters.com/article/2012/11/28/us-costco-dividend-idUSBRE8AR0Q220121128
news.yahoo.com/costco-pay-7-special-dividend-december-18-145925944--sector.html
foxbusiness.com/on-air/willis-report/blog/2012/11/30/tax-fairness-obama%E2%80%99s-friends-what-about-rest-us
News Flash.
Is Sheldon Adelson one of Obama's friends now ?
You should have read the articles.
Do not shoot the messenger
How does it make you feel that the major pushes and supporters of Obama Care are getting the majority of waivers ?
1 in 5 waivers go to Nancy Pelosi's district as of May 2011
thegatewaypundit.com/2011/05/nearly-20-of-latest-obamacare-waivers-go-to-pelosis-district/
Labor unions primary recipients of Obamacare waivers
savingtherepublic.com/blog/tag/labor-unions-primary-recipients-of-obamacare-waivers/
Unions Get Waivers Bought With Political Cash
news.investors.com/ibd-editorials/011012-597373-big-labor-free-rides-on-obamacare-waivers.htm
AARP a major supporter maked 2.8 billion from it and gets a waiver
forbes.com/sites/aroy/2012/09/22/the-aarps-2-8-billion-reasons-for-supporting-obamacares-cuts-to-medicare/
nationalreview.com/corner/328338/aarp-made-28-billion-obamacare-avik-roy
Obama carried 50.9% of the 58.7% of voters who bothered to show up. That 29.9% plurality is typical. Even a landslide of support (60%) out of a record-breaking turnout (80%) elects a candidate with 48% approval. Less than half. The genius of the system is in its balance of power, because the President both guides and is governed-by the will of the Congress, and both are restricted by judicial review. NBC emails show that Democrats would like one-party rule to "finish the job," when the true meaning of that demand is to end the Constitutional framework of our government. "Gridlock" is the Constitution applying the brakes.
Why is it neither side talks of doing a flat rate income tax applied equally to everyone and each business / corporation? Why aren't we smart enough and get off our apathetic butts to tell our Senators / Representatives to do so?
The Washington crooks keep us busy and our minds occupied thinking there is a difference between Democrats and Repuplicans when there really isn't. Our country (Washington is run by big corporations, not us because "us" are too apathetic and uneducated to see what they are doing. This crap is no more than choreographed crap for the benefit of keeping the american people going against each other as dem and republican.
Wake up folks and see there is no difference. If they wanted an improvement for the people of this country there are easy solutions but they make them complicated to keep us thinking there isn't.
Write, call and march on your senator or representative and recall the crooks if they are not willing to change.
For the simple reason that Democrats are not willing to budge in any way from there proposals. Until they do we will go off the cliff. Democrats own this so F them.
http://www.breitbart.com/Big-Government/2012/12/02/Boehner-tells-Geithner--You-cant-be-serious
Nice that NBC left out this little tidbit. Namely enabling Obama to become the next dictator of the US by giving him the power to raise the national debt any time he chooses.
This is owned by the Democrats, Obama set this entire cliff BS in motion himself. So over the cliff we go.
"Aunt Anna",
NBC didn't leave that out. You should actually read the article before you comment on it.
And Congress is the ones that initiated sequestration because the repubs thought they would win the election and be in control. Not Obama. Learn how your government works.
You really don't have a clue what's going on around you, do you ?
Folks, you both miss the point..........there is no difference between dems & reps, as long as you are simple minded enough to keep thinking so this country will continue to be run for the benefit of big business / corporations.
If you firmly are intrenched in believing that there is a difference between the two parties ........then you are probably the same kind of folks that believe the blood shed in WWE Wrestling is real and those guys really hate each other. This is false thinking these guys choreograph their moves, pull their puches and no one really gets hurt on purpose the same applies to Washington politicians, this crap is for the benefit of the serfs / common people who are uneducated enough to believe it.
Think for yourselves, quit allowing yourselves to be duped by the folks smarter than you. Hocus Pocus only works if you really want to believe in false illusions.
Social security is NOT an entitlement...I'm 62 and i paid into SS all my life. Not my problem congress robbed the social security fund. These politicians should pay it back or be put in prision. They treated SS like a ponzi scheme.
It was always a Ponzi scheme after it outlived its usefulness.
"Not my problem congress robbed the social security fund."
It IS your problem...... The more they print funny money to pay the SS benefits, the less your dollars are worth.
When your monthly SS check won't buy a gallon of milk, it'll be your problem.
"We can guarantee cash benefits as far out and at whatever size you like, but we cannot guarantee their purchasing power." Former Fed Chairman - Alan Greenspan
I totally agree SS is not an entitlement. I also think that everyone over 50 yr.s should be paid what we put in to SS and allowed to invest the money into whatever we want as it will probably better serve our needs when we retire. THose under 50 should be given the shoice of putting their money into SS or into mutual funds of their choice and not allowed to touch it until they reach 62. If they blow it.........they blow it and do not get any government subsidies if they do. Give folks their choice but do not force those who work to pay for their mistakes. Basically survival of the fittest or in this case those endowed with a few rudimentary brains.
Geithner is not the man for the job.
He might think he's 'negotiating', but he really just a spokesman reading a script.
NEWS FLASH
OBAMA ADMINISTRATION SHOWING MORE SIGNS OF BEING CORRUPT. HE IS IN BED WITH RICH SUPPORTERS
Costco co founder and CEO, Jim Senegal, a large supporter of Obama even speaking at the Democrat national convention get a special tax break. They were awarded a special dividend to avoid the Mr. Obama’s dividend tax increase
COPY AND PASTE BELOW IN BROWSER (Moderator does not allow links)
online.wsj.com/article/SB10001424127887324705104578147513153831692.html
reuters.com/article/2012/11/28/us-costco-dividend-idUSBRE8AR0Q220121128
news.yahoo.com/costco-pay-7-special-dividend-december-18-145925944--sector.html
foxbusiness.com/on-air/willis-report/blog/2012/11/30/tax-fairness-obama%E2%80%99s-friends-what-about-rest-us
News Flash.
Is Sheldon Adelson one of Obama's friends now ?
You should have read the articles.
Do not shoot the messenger
How does it make you feel that the major pushes and supporters of Obama Care are getting the majority of waivers ?
1 in 5 waivers go to Nancy Pelosi's district as of May 2011
thegatewaypundit.com/2011/05/nearly-20-of-latest-obamacare-waivers-go-to-pelosis-district/
Labor unions primary recipients of Obamacare waivers
savingtherepublic.com/blog/tag/labor-unions-primary-recipients-of-obamacare-waivers/
Unions Get Waivers Bought With Political Cash
news.investors.com/ibd-editorials/011012-597373-big-labor-free-rides-on-obamacare-waivers.htm
AARP a major supporter maked 2.8 billion from it and gets a waiver
forbes.com/sites/aroy/2012/09/22/the-aarps-2-8-billion-reasons-for-supporting-obamacares-cuts-to-medicare/
nationalreview.com/corner/328338/aarp-made-28-billion-obamacare-avik-roy
Fiscal Cliff may be the way to go!
I agree.
The fiscal cliff will raise taxes and cut spending automatically. Even Warren Buffet said the fiscal cliff is a good thing. If we go into a recession because we legitimately balance the budget, so be it. In the long run our economy strengthens and are our credit rating rises. Let the deadlines arrive and live with less.
Warren Buffet never said the fiscal cliff is a good thing.
However, he did say he supports elimination of the Bush tax cuts for the wealthy and that eliminating them will not affect investments.
Are you talking about the Warren Buffet who is still avoiding a billion dollar tax bill he owes the IRS?
leave the military and defense alone along with medicare, social security for the disabled and elderly, you can cut your own pay or no pay. i think the disabled and elderly served their time so let them at least eat a good meal instead of cat food and freezing in the winter month's, obama right away wants to cut all three of these things. POS. i hope the hell the repub's don't back down, spending on other countries has to stop and cut wayyyy back until America can function like we did before obama and the 2 years the demo's had the house and senate 2 years before bush got out, pelosi and reid screwed this country up big time and everyone blames bush, better look back and see who did the spending folks
Only one feeding up cat food is the Democrat party. The party that cut Social security taxes... Or did you forget that?
Michael - deport all illegals. Build the fence. Patrol it. Look at our trade policies - a broken Obama campaign promise from way back in 2008.
Most of all stop the phucking stand-up routines at speech's, go to the White House and roll up your sleeves and get to work Mr. President. You work for US.
Oh, the buyer's remorse is going to be brutal on bammy.
Well at least the people see Obama and his gangsters play the "Our way our the highway" game. What's next? Thugs beating people this administration does not like?
You liberals said the GOP wanted the economy to tank so Obama would not reelected. Well now the Dems will let us self-destruct to prove the GOP is 'evil'. Smoke and mirrors. And we are going to pay. Big time.
All I can say is get ready. The second Depression is on it's way. Thank you America for making such a wonderful choice and voting because of skin color.
Aunt - I know. I think in the long run it will be best. Reboot this Country. It will be interesting to see who will stick up for America and what it stands for and who will take what they can.
Learn to defend yourself.
The fiscal cliff is a f'g propaganda joke to get the lemmings in favor of more government and taxing and confiscating more private property from the rich and upper middle class.
The real cliff that we WILL go over is the $16,300,000,000,000 in debt, the Fed buying 61% of the Treasury debt, TARP, Stimulus, QE1, QE2, ZIRP, TWIST and QE-4-ever (QE3).
The house of cards long bankrupt economy can only be propped up with trillions of dollars of counterfeit dollars for so long.
Be prepared.
100% correct. More spending = collapse. Does this Country remember our Country's credit rating was reduced?????
We've found out that the tax cuts enacted in prior years have resulted in unsustainable deficits. Instead of simply letting these cuts expire we now want to get someone else to pay for them. We want Social Security but we want someone else to pay for it. We want Medicare, but we want someone else to pay for it. We want a more efficient government but we want this to happen without any layoffs. The really funny thing is that regardless of who we think is paying for all this stuff it is really all of us who end up with the bill. At some point we will realize that a lot of what we want is simply unaffordable.
WOW, someone actually figured it out!
Can't you people see, that every time they turn on the printing presses it is just another tax on everyone and the lower income people suffer the most. Haven't you Libs ever figured that out? GEEZ!
How about the Simpson-Bowles offer to solve the so called Fiscal Cliff..........? ? ? Hello, we're thruoug with the Geithner Obama BAIT and SWITCH crapola.
Get real, dems, it's your country also, and reach across the isle to the other 49.3% of America that didn't vote for the Failure in Chief.
There is no other way to pay for the wars and the waste than to raise taxes on the wealthy. The wealthy are the people who wanted the wars and they are the people who supported the policies that caused the wars. It is morally wrong to pass unmanageable debt on to future generations of Americans who haven't even been born yet. Put a hefty tax on the wealthy and call it exactly that a "War Tax" and make these war mongers pay for it. If the people who caused the wars had to sacrifice their estates to pay for their crimes then war would not be so popular with them. Rupert Murdoch was big on invading Iraq, so was Dick Cheney and his wealthy lying cohorts so confiscate their estates and use the money to pay on the enormous debt that they created. They did not see any blood, they don't have PTSD, they were not shot at. They sat in posh air conditioned offices and charged their crimes to the middle class and the poor who not only payed for it in blood but also now have to pay the monetary cost which is enormous.
Hate to break it to you.
The year is 2012
Democrats own the show for 4 years now...
http://www.breitbart.com/Big-Government/2012/11/30/Half-Of-Democrats-Approve-Of-Socialism-One-Quarter-of-Republicans-Also-Do
This is why we no longer have real compromise.
The Ten Planks of Communism, by Karl Marx....
Plank #2. "A heavy progressive or graduated income tax."
Firstly, some complain of the term the Bush-Wars because as they said, it was passed by Congress. Then don't call it ObamaCare, because it was passed by Congress, also. You can't have it both ways.
SOOO tired of the bull, we should put some real men and women in a room with Geithner, Reid, Pelosi and shut the lights out. A whole lot of people voted into position handing away our money should have a WAKE up and save this country adjustment. Only wish I could partisapate.
This so called "Fiscal Cliff" is the result of failed negotiations to raise the debt ceiling in 2012, and the subsequent failure of the Bipartisan Super Committee that was tasked with resolving the matter after the USA was already downgraded by S&P. The point is that: this is the agreement, it is Bipartisan, it is the same Government that was in power at the time! Nothing has changed, yet "We The People" expect different results? No parachutes left: hang on.
So we should give the government an open ended credit card? sometimes a man has to not bend on his convictions. we all need to cowboy the fu$k up!
The White House and president Obama along with the Democrats don't know what the word BUDGET is or FISCAL RESPONSIBILITY or CUTTING ENTITLEMENTS or DECENCY or FAIRNESS or JUSTICE or TRANSPARENCY. Need I go on. I would but nobody would listen. The Dumocrats say they have made 1.5 trillion dollar in cuts, Reid says 1 trillion. They can't even agree. AND THESE CUTS AREN'T EVEN CARRIED OUT, JUST APPROVED IN THEORY. These cuts are 100 or 150 Billion a year. Since congress speaks in 10 year frames to make it sound bitter. They has CUT NOTING. They present Boehner a RETARDED PLAN. Just like having a spouse spend you in debt, but she asks for limitless card. Obama asks for a no debt ceiling. TOTALLY RETARDED.
Seems just a tad foolish to send more money to a bunch of DC big spenders who have no budget.
I'm already running into hardcore Democrats on the street regretting they voted for Obama saying; he has not lived up to his promises and has not done anything. Only 30 days out and reality is back. Dems you should have listened to the Repubs instead of the left wing media!!! Nothing like getting it shoved up your a$$ by your own candidate.