Thursday, December 27, 2012

The Fiscal Cliff... Republicans and Democrats

The rhetoric heated up on December 27th 2012, as the time on the fiscal cliff clock wound down for a fiscal crisis deal, with lawmakers trickling back into Washington and no plan of action in place for averting the tax hikes and spending cuts scheduled to hit next week.

President Obama returned Thursday afternoon from vacation in Hawaii, as the Senate gaveled into session for unrelated business. House leaders announced that members will return late Sunday – but that leaves just one full day to act on any legislation before the deadline passes. Those die hard democrats who truly believed that Obama has genuine good intentions for the middle class should have been alert, interested, and defiant to the biased, and one sided media love affair with this man. He was re-elected and what does he do when the middle class need him most? He goes on an all expense trip to Hawaii.

Rumors were flying on December 27th, in the afternoon about last-ditch efforts to craft some sort of a scaled-back package that can shield most Americans from the more than $500 billion in tax hikes scheduled to take effect Jan. 1. 

Congressional leaders are expected to meet with Obama on Friday.
But with hope fading, Senate Democratic Leader Harry Reid said on the floor that “it looks like” the nation is going to miss the deadline. Reid as well as Obama are prepared to send the middle class over the cliff with the excuse that "its the Republicans fault." Those of us who have the ability to actually think realize that these men could have come to an agreement, but rather than give in, they decided to trample the middle class and point the finger. "If you are suffering its because they did it."

Reid also put all the blame on House Speaker John Boehner, likening him to a dictator and claiming he was putting his speakership before the good of the country. Who is really the dictator?

"John Boehner seems to care more about keeping his speakership than about keeping the nation on firm financial footing," Reid said. "He's waiting until Jan. 3 to get re-elected as speaker before he gets serious with negotiations because he has so many people ... that won't follow what he wants."

Boehner's office quickly shot back: "Senator Reid should talk less and legislate more. The House has already passed legislation to avoid the entire fiscal cliff. Senate Democrats have not," Boehner spokesman Brendan Buck said.
Senate Republican Leader Mitch McConnell said on the floor that his party has "bent over backwards."
"We stepped way, way out of our comfort zone," he said. We wanted an agreement, but we had no takers. The phone never rang. So here we are five days from the new year and we might finally start talking."
But he also warned, "Republicans aren't about to write a blank check for anything the Senate Democrats put forward just because we find ourselves on the edge of the cliff."
Separately, Vice President Biden said he was neither optimistic nor pessimistic about a deal. “You tell me what will attract Republican votes and I will tell you” what sort of plan might work, he said.

Its time for Republicans to stand up for your children and grandchildren! Someone needs to be responsible and stop the Democrats from destroying America, and further pummeling the country into debt.

Each side continues to call on the other to act.
Reid, on the floor, urged the House to pass a Senate bill that would extend current tax rates for most families but let them rise on top earners. Reid, who wants Boehner to let the bill pass with mostly Democratic votes, claimed the chamber was "being operated with a dictatorship of the speaker."

 Boehner earlier put the onus on the Senate, referring to two Republican-passed bills in his chamber -- one extending current tax rates for everyone; the other rearranging the $110 billion in spending cuts set to hit next year.

“The Senate first must act,” he and other GOP leaders said late Wednesday.
McConnell’s aides, meanwhile, claimed they expected some sort of plan to emerge from the Democratic side.

After Obama spoke separately with all four congressional leaders Wednesday before leaving Hawaii, McConnell spokesman Don Stewart said: “The leader is happy to review what the president has in mind, but to date, the Senate Democrat majority has not put forward a plan. When they do, members on both sides of the aisle will review the legislation and make decisions on how best to proceed.” 

Is this just a set up for the democrats to tank the economy and blame Republicans as they did four years before?

With each side refusing to make the first move, it may be incumbent upon Obama to give a negotiated bill one last try, presuming he can get all the stakeholders in the same room. Also unclear is what role McConnell, who has stayed largely quiet throughout this debate, may play in pushing for an 11th-hour deal.

A new Gallup poll, though, showed Americans are growing increasingly pessimistic about the chances for an agreement over the next few days. Considering the time it takes to write and pass a bill of this magnitude, the best route for averting tax hikes may be to pass a short-term extension of current rates with the goal of approving a larger package early next year.

Lawmakers have not even agreed to that, though. Without a deal, more than $500 billion in tax hikes are scheduled to go into effect. This includes increases in income tax rates, investment tax rates, the estate tax, the payroll tax and other provisions. Budget cuts to the Pentagon and other federal agencies threaten to hit government contractors. All together, a prolonged failure to avert these policies could cause another recession, economists warn.

President Obama is the most partisan president the United States has ever seen. He can not negotiate with anyone, and when it all turns to hell, he stomps his feet and says, "don't blame me, blame the other guy." 

How did anyone actually find this man to be presidential material?

No comments:

Post a Comment