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Thread: Fiscal Cliff will we solve it in time? Yes or No...

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    Fiscal Cliff will we solve it in time? Yes or No...

    In one world will we solve it in time Yes or No.

    No

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    No. And it isn't a fiscal cliff. It is spending less than projected. We need to cut spending.

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    No.

    Obama - I will compromise but let me make myself clear....it has to be my way or the highway.

    The last thing Obama will do it cut because that is the smart thing to do.
    "Leadership, leadership is about taking responsibility, not making excuses." Mitt Romney

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    Must not be important Obama is going to Asia for a victory lap

    http://www.nypost.com/p/news/nationa...rKCXi3F8KmeoWO

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    Red face

    Repubs gonna have to go back on campaign promises to work out a compromise...

    GOP’s rejection of higher tax rates an obstacle to debt deal
    November 8,`12 - To avoid “fiscal cliff,” House Republicans may have to break campaign promises
    The new conciliatory tone among House Republican leaders this week will soon have to confront an old Washington reality: the GOP’s deep opposition to higher tax rates. As they begin bipartisan talks on a broad debt deal, White House and congressional leaders face a group of skeptical rank-and-file Republicans in the House who don’t view Tuesday’s Democratic victories as a reason to retreat on taxes. “The president may think that he’s got a mandate, but so do we. The president may have won a second term, but I won a third term,” Rep. Jason Chaffetz (R-Utah) said Wednesday.

    Somewhat chastened by Tuesday’s defeats in the presidential and Senate races, House Republicans said they are willing to work with President Obama on a deal that would include more tax revenue. But they continue to oppose any deal that would involve higher tax rates. At the core of the negotiations will be how to increase revenue without raising rates. Obama and Senate Democrats campaigned on reaching a debt deal that includes raising taxes on the top 2 percent of earners.

    But many members of the House GOP caucus have made clear to Speaker John A. Boehner (R-Ohio) that any deal that includes higher individual tax rates would be doomed in the House, where the Republican conference returns with a slimmer but still robust majority next year. “Raising tax rates is unacceptable. And frankly, it couldn’t even pass the House,” Boehner said Wednesday in an interview on ABC’s “World News With Diane Sawyer.”

    Additionally, Republicans demand that any deal — with a target of $4 trillion in savings over 10 years — include steep savings drawn from reforming all entitlements. The Democratic counteroffer is a refusal to discuss any changes to Social Security. Crafting a package that can gain congressional approval is critical to avoiding the “fiscal cliff” — $700 billion in automatic tax hikes and spending cuts set to kick in after Jan. 1. The highest hurdle to reaching such a deal may be convincing enough House Republicans, many of whom were swept into power two years ago on the tea party wave, to go along with a compromise that breaks their campaign pledges never to raise taxes.

    MORE

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    And I don't post that to be facetious. Our government is incapable of dealing with fiscal matters in a reasonable manner.

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    Republicans should agree to total repeal of the "Bush" tax cuts. That will raise serious money and give the Democrats what they deserve.

    Singling out a group that already pays most of the taxes is class warfare and should be rejected on that basis.

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    Yes - by raising the debt ceiling no doubt.

    The fiscal cliff will be solved by digging a deeper hole.
    my junk is ugly

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    Quote Originally Posted by waltky View Post
    Repubs gonna have to go back on campaign promises to work out a compromise...

    GOP’s rejection of higher tax rates an obstacle to debt deal
    November 8,`12 - To avoid “fiscal cliff,” House Republicans may have to break campaign promises
    What makes you think Obama will compromise. Obama's idea of compromise is GOP agreeing with his agenda. this will not happen.

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    Quote Originally Posted by Captain Obvious View Post
    Yes - by raising the debt ceiling no doubt.

    The fiscal cliff will be solved by digging a deeper hole.
    The fiscal cliff is not just the debt ceiling its tax increases and auto spending cuts. There needs to be a bigger solution than debt ceiling to fix this one.

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