Fiscal cliff deal: Little sacrificed and less than promised

  • Article by: CHARLES BABINGTON , Associated Press
  • Updated: January 2, 2013 - 8:51 PM

ANALYSIS: With heavy borrowing, deal allows relatively high levels of government at low levels of taxation. Future generations will pay.

  • 8
  • Comments

  • Results per page:
  • 1 - 8 of 8
DrZoidbergJan. 2, 1310:22 PM

"With heavy borrowing, deal allows relatively high levels of government at low levels of taxation. Future generations will pay." - What else is new? Both parties are responsible for running us into the ground. What bothers me the most is that I could do a better job than most politicians (I'm sure many who read this could do even better), yet we continue to settle for these chuckle-heads. Why?

6
1
drfranktJan. 3, 13 5:25 AM

As has been said on these boards hundreds, if not thousands of times, until there is substantial rollback on government spending across the board, there will never be enough taxing to cover those expenditures. The US Government was never meant to be everything to everybody but...once the giveaways started, too many see it as a way of life...and I'm not talking about the physically disabled, the elderly, or the the children!

4
1
corngo4rJan. 3, 13 5:57 AM

Good article. Looks like everyone in every corner (politicians, activist groups and such) are all looking at the their own special interest and not the whole of the group. The only way this gets resolved is to give up some of everything-taxes, spending and such. I am already figuring out how to do the same with less now that the payroll tax just kicked in. Do I like it-NO but if it is for the betterment of the government (and not becoming another Greece) I am all for it.

6
0
Truckman182Jan. 3, 13 7:00 AM

This whole fiscal mess started when Johnson created the welfare state known as "The Great Society" back in the early 1960's. At some point it will be time to pay the piper. Soon.....

5
1
kebu80Jan. 3, 13 7:31 AM

Same old story, putting off the tough decisions, high levels of Gov't programs with low taxation. Nice. Kicking the can down the road, again! Oh but NASCAR and Hollywood benfitted nicely from Obama's plan. Thank you King Obama for more great leadership!

4
1
earneditJan. 3, 13 7:32 AM

suggest we all start sending our congressional folks reminders that every program needs to contribute to the solution, just like every wage earner needs to pay something...

4
0
avejoeconJan. 3, 13 8:51 AM

EXACTLY! It's all about the ME and NOW for most people. Don't touch ANYTHING that affects me, but you better punish everyone else! This country is going downhill quick because of this ME and NOW thinking!

4
1
uz9305Jan. 3, 13 1:04 PM

very sad condition this country is in --- poor / weak leadership across the board (i.e. that's BOTH parties). you can only tax the working people so much....what's the number: 50% or 60% of their income while the gov't continues to spend out of control without any reforms / changes to the entitlement programs. i'm afraid there will have to be a revolution before this really gets fixed.

0
0
  • 1 - 8 of 8

Comment on this story   |  

ADVERTISEMENT

Connect with twitterConnect with facebookConnect with Google+Connect with PinterestConnect with PinterestConnect with RssfeedConnect with email newsletters

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT

ADVERTISEMENT