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Obama, Republicans Reach Deal on Fiscal Cliff; Senate Vote Expected Tonight

US Politics & Gov't  (tags: congress, corruption, dishonesty, government, ethics, republicans, politics, obama, news )

- 1969 days ago -
President Obama and Senate Republicans reached a sweeping deal late Monday that would let income taxes rise significantly for the first time in more than two decades, fulfilling Obama's promise to raise taxes on the rich and averting the worst effects ...

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Past Member (0)
Monday December 31, 2012, 10:15 pm
The tea baggers are going to pitch a fit when they return. lol

Alexandra Rodda (180)
Tuesday January 1, 2013, 5:08 am
Good, but congress still has to vote on it I believe.
Also, with something like this, the devil is in the details.

Anne P (174)
Tuesday January 1, 2013, 6:45 am
Some deal - making the Bush tax cuts permanent for anyone earning up to $400,000 a year ($450,000 for joint filers) sounds like a huge giveaway to the GOP. I have a feeling we progressives aren't going to like this "deal" very much. Argh!

Past Member (0)
Tuesday January 1, 2013, 9:33 am
We NEED to repeal the Reagan tax cuts. Back to fiscal sanity.

Chris C (152)
Tuesday January 1, 2013, 9:53 am
Biden saves the day...again! If it weren't for McConnell & Boehner and their obstructionism, this wouldn't have happened in the first place!

Dorothy N (63)
Tuesday January 1, 2013, 9:48 pm
Re-posting this comment here:

The Republicans literally can't see past what they want and not getting whatever
they and their corporate/multi-billionaire masters want at everyone else's expense is a personal 'insult'...

Fiscal Cliff Passes For 'Disgusted,' 'Disappointed' Congress

Posted: 12/31/2012

... Many Republicans also reacted angrily to President Obama's speech earlier in the day, which they heard as blaming them for the standoff.

"This drama, I believe, unfortunately is a cynical attempt on the part of the president to ensure that he has a complete Democrat-controlled House of Representatives and Senate in his final term," said Rep. Michele Bachmann (R-Minn.).

Rep. Raul Labrador (R-Idaho) said that he wouldn't vote for a deal that maintained the Bush tax cuts only for income under $450,000 per year, but he suggested such a deal would likely pass the House if Obama stopped insulting Republicans.

"It's really amazing to me that the president would do a press conference where he poked Republicans in the eye and just made it seem like he's taking a victory lap instead of actually leading America," Labrador told HuffPost, adding that Obama seemed to know it would anger House Republicans.

"I think that was his intention," Labrador said. "He saw that we were close to a deal, and he decided, because he wants to fall off the cliff, that he would do something that would outrage Republicans."

House Republican leaders did not exactly leap at what the Senate was doing late Monday.

"The House will honor its commitment to consider the Senate agreement if it is passed," the House GOP leaders said in a joint statement. "Decisions about whether the House will seek to accept or promptly amend the measure will not be made until House members -- and the American people -- have been able to review the legislation." ...

Gee, if only the Supreme Court hadn't misinterpreted law and the US Founder's intentions to rule against democracy, Americans, humanity, sanity and civil society in favour of handing 'personhood' and the virtually unlimited 'fiscal right to buy elections and politicians' over to corporations and their public sector services starvation/abolishment agenda in part to to suck up even more taxpayer's money themselves, there'd be no question of their getting full funding...

John Roberts: Fiscal Cliff Deal Should Maintain Full Financial Support For Supreme Court

By PETE YOST 12/31/12

( Bet there's no worry about having an already inadequate pension cut and/or delayed, though...)
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