White House, Congress to talk as fears increase that government heading toward 'fiscal cliff'

  • Article by: ANDREW TAYLOR , Associated Press
  • Updated: November 29, 2012 - 2:04 AM
  • 180
  • Comments

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atoonceNov. 28, 12 1:59 PM

If the Republicans have any brains, they will start supporting policies that help the middle class, or they will get clobbered again in the next election.

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ciamanNov. 28, 12 2:07 PM

This Cliff or that cliff. In truth, we are all in so much debt that nothing will make it nice and sweet. Look at the last two years where our President hobbled the FICA tax and cut off 2 percent of the money that was supposed to go to the Social Security Administration? For two years that money was diverted and now Social Security is in more trouble than ever. And we can thank our President for that mess. The way to start is to put the 2 percent back to Social Security and that means that the workers will have to give that back and out of our wallets. There is no other way to keep this up. The GOP can see what is coming and the Democrats will have to deal with the Republicans or nothing will happen.

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teentheftNov. 28, 12 4:57 PM

Of course Obama is desparate to avoid the fiscal cliff. He and his party want to be seen as handing out the pork to constituents and you really can't take credit for handouts if spending is automatically cut by mechanisms of the "fiscal cliff".

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erikj3Nov. 28, 12 5:33 PM

The main driver of the deficit that no one cared about during the Bush years but is now the Biggest Deal EVER are the Bush tax cuts! Get rid of them on everything above $250,000 and cut the military (especially the war in Afghanistan), THEN consider cutting things that have NOTHING to do with the deficit.

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clafaveNov. 28, 12 5:43 PM

erikj3 -- You need to look at the federal outlays sometime. It's 60% transfer payments. 20% defense. 20% everything else. To imply that the military is driving the deficit is ignorant.

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kingtutskyNov. 28, 12 6:13 PM

The fiscal cliff is the least of our problems. Obama's unprecedented spending and expansion of government has to be stopped or we are done. Previous administrations have borrowed around 19% of Gross Domestic Product (annual national wealth created). Obama's spending is up to 25% of GDP and our children are screwed.

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roymercerNov. 28, 12 6:14 PM

The GOP is in the driver's seat but they're too dumb to know it. When Obama resorts to twitter to plead for support, he's acting in desperation. By the way, it should be called the Pork Cliff.

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ak1966Nov. 28, 12 6:16 PM

ciaman - The 2% reduction in the FICA tax has not impaired the social security trust fund since by law the reduction in receipts had to be replaced from the general fund. Yes, yes I understand that the general fund doesn't have the money to replace the 2%, but the general fund has been borrowing all excess collections for years with IOUs so that part hasn't changed.

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rej4slNov. 28, 12 6:22 PM

Put tax rates on the wealthy back to what they were before under the Clinton era. Do not increase the age for Medicare, do not increase Medicare costs. People on lower incomes once again will face the largest increases. People are struggling and have to choose between food on the table or life saving medications.

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lawstarNov. 28, 12 6:28 PM

The Big Chief in Washington speaks with forked tongue.

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