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" The deal would also likely put off the scheduled spending cuts. Such a year-end bill could also include an extension of expiring unemployment benefits, a reprieve for doctors who face a cut in Medicare payments and possibly a short-term measure to prevent dairy prices from soaring, officials said." So this is what bi-partisanship looks like?! Talk about lack of leadership from both sides. The pittance we will get from increased revenue from those making $250K or more with no spending cuts does absolutely nothing to solve the problem.
We create needy people in this country. We create a class of people who find it easier to take government handouts than work. This is not everyone receiving benefits, but a large enough group of everyone to be a problem. And if you really believe that all of these programs help only those in need, than you have to be prepared to pay for these programs - essentially 51% of the population must pay for everyone. There is not enough income in the top 1% or 2% to support these programs, so your taxes must also increase. As we currently borrow 40 cents of each dollar we spend, your taxes must be increased by 2/3 (66.67%). Are you up for that?
PS - that assumes that you are one of the 51%. If you're not, shut up, you have no business telling the rest of us where to spend our money.
This is the leader you voted for. No compromise. No working across the aisle. Just blame. The dems will be more interested in hurting the 98% just because they were not able to punish those that worked hard and succeeded. IMHO. I think it's great. Let everyone pay more to tackle the huge deficits that resulted from everyone demanding that gov't give them everything they want! And CUT, CUT,CUT. Across the board!
If it's not a big deal, this revenue, why has the bill not been passed? Everyone keeps saying from right "it's a drop in bucket". Then pass the bill. Last time I checked Romney lost. The Republican Party is full of sore losers who have taken america hostage. Why are Minnesota Republican Congress Members not at work today? Fire them all.
Be careful what you ask for, you might just get it. You voted for tax increases, You might just get them. Oh, wait, you didn't want YOUR tax to increase. Oh well, too bad!
Warmfiddle, I couldn't agree more! People respond to incentives. People do more of something when the reward increases. When you subsidize something, you get more of it. As far as I am concerned, we NEED to go over this cliff. We NEED to get more people out of the cart and start to help pull the cart. We NEED to cut spending, even if it does hurt military spending. But, and perhaps this is the most important thing, we NEED our main stream media to stop being a wholely owned subsidiary of the democrat party. We need to media to start taking their responsibility to research and report more seriously and stop all of their editorializing!
warmfiddle: I, for one, am happy that the gov't does not tax our soldiers(after all they are protecting you and me and sacrificing a lot); I'm happy that the seniors are receiving the fruits of their labors (they did pay for it). I'm happy that the disabled are able to get medicaid and food stamps (try out their shoes some day). Let's drop the 47% which now has risen mysteriously to 49% rhetoric instilled in the minds of the republicans.
I like to think my political beleifs lie somewhere in the middle. That being said, What is wrong with restoring taxes to their proper levels? The "fiscal cliff" as it is called, really is just removing the rose colored glasses that folks have been looking through. If you think the "tax hikes" are going to destroy your lifestyle,perhaps you have been living above your proper station in life? Harsh words I know, but what is wrong with the truth? Remember- taxes do more than support welfare moms and dads- they pay for infrastructure too! our roads and bridges are crumbling, our public schools are in very sad shape, and all anyone wants to yell about is how it's going to cost them a few grand more in taxes!?!
The Fiscal Cliff could have been avoided had the Senate followed the legislative process. All tax bills must originate in the House of Representatives. From there they go to the Senate for passage or amendment. If passed, on to the President, if amended then back to the House for passage or further amendment. The House passed tax legislation in August and the Senate has failed to act for 4 months. Had they taken up the House bill and passed or amended it, we would be much further along in the process and the fiscal cliff could have been avoided. Unfortunately, making political points is more important to our politicians than functioning as a legislative body. The ball is in Harry Reid's hands to move forward.
"Unending Alms giving makes a pauper out of our society" Elbert Hubbbard cira 1912. Time to drastically cut entitlements as 66 million on food stamps and medicaid is unsustainable. Let the payroll tax increase 2% as long as it increased for everybody. That way everybody feels some pain. Maybe then more people will start caring how the government spends our money.
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