"The Fiscal Cliff"

[Anonymous]

All of Congress are a but of idiots as demonstrated by their inability to do anything the past couple years but get in each others way.

If only Obama had shown something called "leadership" on financial matters at some point in the last four years, maybe we wouldn't be here. He needs to bring people together, not engage in divisiveness and the blame-game, which is all he seems to be good at doing (well, execpt for reading a teleprompter). Please, Mr. President, LEAD this country for goodness sakes!

[Anonymous]

Anonymous wrote:

All of Congress are a but of idiots as demonstrated by their inability to do anything the past couple years but get in each others way.

If only Obama had shown something called "leadership" on financial matters at some point in the last four years, maybe we wouldn't be here. He needs to bring people together, not engage in divisiveness and the blame-game, which is all he seems to be good at doing (well, execpt for reading a teleprompter). Please, Mr. President, LEAD this country for goodness sakes!

Yes, yes, it's all Obama's fault. The GOP in the House and Senate wasn't at all obstructionist.

It's this kind of echo-chamber thinking that contributed to this year's massive defeat. I for one encourage PP and all like-minded Republicans to continue along th is path.

[Anonymous]

Anonymous wrote:

Anonymous wrote:When are the 10% cuts supposed to happen?

Sequestration will happen on the first of the new year. Right now, the lame duck Congress needs to figure out if they can come to an agreement with that dirty word, COMPROMISE, before then that will keep this from happening.

But the middle class need not worry. Nancy Pelosi said months ago that the Democrats had the stronger position. If the don't get what they want, e.g. the end of the Bush era tax cuts for the wealthy, they'll wait until sequestration happens then they'll immediately introduce legislation that will begin new tax cuts for those making under $250K. The Republicans will not be able to stem off that bill. It's one thing for them to hold out on tax cut extensions for everyone. It is another thing for them to try to block a bill designed to give those making under $250K a tax cut right after sequestration. If they try to block the new legislation trying to hold out for tax cuts for everyone, they will suffer a lot more in the public polls and opinion and they could easily find themselves in a rout come mid-term elections in 2014. The Republicans are fast coming to a no-win situation if they don't actually compromise.

You must not know how payroll withholding tables work.

[Anonymous]

Anonymous wrote:

Anonymous wrote:

Anonymous wrote:When are the 10% cuts supposed to happen?

Sequestration will happen on the first of the new year. Right now, the lame duck Congress needs to figure out if they can come to an agreement with that dirty word, COMPROMISE, before then that will keep this from happening.

But the middle class need not worry. Nancy Pelosi said months ago that the Democrats had the stronger position. If the don't get what they want, e.g. the end of the Bush era tax cuts for the wealthy, they'll wait until sequestration happens then they'll immediately introduce legislation that will begin new tax cuts for those making under $250K. The Republicans will not be able to stem off that bill. It's one thing for them to hold out on tax cut extensions for everyone. It is another thing for them to try to block a bill designed to give those making under $250K a tax cut right after sequestration. If they try to block the new legislation trying to hold out for tax cuts for everyone, they will suffer a lot more in the public polls and opinion and they could easily find themselves in a rout come mid-term elections in 2014. The Republicans are fast coming to a no-win situation if they don't actually compromise.

You must not know how payroll withholding tables work.

What?

[Anonymous]

What does RIF stand for?

[Anonymous]

Anonymous wrote:What does RIF stand for?

Reduction in force-- the govt term for layoffs.

I find it very hard to believe that sequestration will happen, or at least that it will happen to the degree that it will actually cause layoffs, but you could probably lose a lot of money betting that the House Rs would be willing to act reasonably.

[Anonymous]

. The GOP in the House and Senate wasn't at all obstructionist.

Refusing to roll over and play dead while Obama ran ruff shod without any consideration for the oppositions position does not equate to obstructionism.

[Anonymous]

Refusing to budge an inch on your position because you signed some moronic anti-tax pledge does not equate to leadership.

[Anonymous]

Anonymous wrote:

. The GOP in the House and Senate wasn't at all obstructionist.

Refusing to roll over and play dead while Obama ran ruff shod without any consideration for the oppositions position does not equate to obstructionism.

OK, Obama wants to raise taxes on the wealthiest Americans, and the Republicans do not want to raise taxes at all.

You tell me what the middle ground is? Now which side supports that middle ground.

[Anonymous]

Refusing to budge an inch on your position because you signed some moronic anti-tax pledge does not equate to leadership.

Not suggesting that is leadership, as currently there is a VOID that the President should be filling, but he hasn't.

[Anonymous]

Anonymous wrote:
. The GOP in the House and Senate wasn't at all obstructionist.


Refusing to roll over and play dead while Obama ran ruff shod without any consideration for the oppositions position does not equate to obstructionism.


OK, Obama wants to raise taxes on the wealthiest Americans, and the Republicans do not want to raise taxes at all.

You tell me what the middle ground is? Now which side supports that middle ground.

No republicans will not raise taxes on the rich, but everyone else is fine.

[Anonymous]

Anonymous wrote:

Refusing to budge an inch on your position because you signed some moronic anti-tax pledge does not equate to leadership.

Not suggesting that is leadership, as currently there is a VOID that the President should be filling, but he hasn't.

If you think that VOID is getting Republicans to like him, sorry but that's not leadership at this point. He's not a camp counselor, and your party burned through any right to be coddled.

Leadership now is about forcing Congress to stick to the budget deal they signed, no matter how politically unpopular it becomes. And he holds the cards.

[Anonymous]

Just want to point out to all those saying "good for you DC/feds, bring on the Fiscal Cliff" that it would hit virtually every American with significantly higher taxes. The sequestration of govt spending is only a part of the 'cliff' that hits in January. It also includes the AMT, expiration of the Bush tax cuts, payroll tax reduction, and various other spending/revenue provisions. If you collect a legitimate paycheck, you will be among those falling over the 'cliff'.
Also, if you think all those cuts under sequestration won't affect you, you've apparently never driven a car on a highway, tried to get a SS number for a child, applied for a fed. loan, had a parent on SS of Medicare or Medicaid, had a loved one in a hospital or health facility, visited a national park, or purchased meat or produce or an imported product. Quite a life you've got there!

[Anonymous]

Leadership now is about forcing Congress to stick to the budget deal they signed, no matter how politically unpopular it becomes. And he holds the cards.

The "budget deal" was to kick the issue down the road, and now we're at the end of that road. If Obama had only offered a budget that anyone in his own party would have even supported, maybe he would be holding a card or two now. He may have been re-elected, but that does not mean his lack of record or lack of leadership is somehow erased. Oh wait, maybe it does for people like you who pick-and-choose facts....