A feeble finish for Congress

  • Article by: EDITORIAL BOARD , Washington Post
  • Updated: January 2, 2013 - 10:46 AM

For all the weaknesses if the 'fiscal cliff' bill, it's good that Congress took action. But the way it was does nothing for to restore faith in lawmakers.

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eodmu8eodJan. 2, 13 9:35 AM

"For all the weaknesses if the 'fiscal cliff' bill, it's good that Congress took action. But the way it was does nothing for to restore faith in lawmakers." Does anyone edit this stuff?

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dschachenmeyerJan. 2, 13 9:36 AM

Reality check: $620 billion in tax revenue over 10 years is $62 billion per year. The current annual deficit is between $1.1 an $1.2 trillion dollars, meaning this deal reduces the annual deficit by somewhere between 5 to 7 percent.

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Wally_99Jan. 2, 13 9:55 AM

The deficit is $16 trillion. The "revenue increase" is going to make a $620 billion dent in the deficit all things being equal, after ten years. As usual, the likes of these socialist newspaper editorial boards don't have a clue about the doo-doo we are in.

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wingophersJan. 2, 1310:03 AM

Betweem Speaker Boehner's profane outburst at Senate Majority Leader Harry Reid righ out side of the Oval office and the GOP failure to have a plan it is no wonder the GOP are the wilderness. Yes, Congress must address the deficit and that will mean entitlement reform. Democrats have to start acknowledging the obvious. Meanwhile the Tea Party GOP have to get real. Both sides should go to "grown up school" !

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beebee82Jan. 2, 1310:05 AM

Wally_99, we have a $16 trillion deficit?!?! With such a clear understanding of the difference between debt and deficit, it's no wonder you banter about the word "socialist" with the same regard to its meaning.

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fish60Jan. 2, 1310:22 AM

The definition of Miserable Failures should be congress. I refuse to vote for another incumbent until they stop kicking the cans down the road.

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bracystakeJan. 2, 1310:39 AM

At some point everyone has to acknowledge that reforms for the overall good of this country have to happen(tax, entitlement, etc) and it is going to hurt, no matter what class you're in. The longer we wait, the worse it will hurt. It's about time to just rip the bandaid off.

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chavistaJan. 2, 1311:57 AM

A couple of posters are minimizing the amount that we will receive per year because it's "only" $62 billion per year. Well, that $62 will just about cover the cost of Medicare Part D, something that should have been addressed years ago. It won't pay back all the funds expended in the past, but at least it will cover the current costs. Now, if we could just come up with a way to pay the $3 trillion that Iraq and Afghanistan will cost us, then we could prevent another huge dent in projected debt.

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crystalbayJan. 3, 13 1:08 AM

There are such obvious "fixes" for our burgeoning debt/deficit, but most of them will be like a political root canal to accomplish. Raise the SS cap;; means-test Medicare; dramatically cut the bloated defense budget; implement a financial transaction tax; increase passive income/capital gains taxes; change the Medicare Part D law to allow the government to negotiate lower drug prices (this alone would save 7 trillion); and get rid of ag and oil subsidies. And, of course, reform the overall tax code and close loopholes written to only benefit the wealthiest individuals and corporations.

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