Nice job Obama/congress.
Nice job Obama/congress.
Last edited by FOBolous; 12-31-2012 at 08:34 PM.
Nothing happens if no deal is done today, or tomorrow, or next week. The whole "fiscal cliff" was a term from a CBO (Congressional Budget Office) report months ago that showed what would happen if the U.S. passed the ENTIRE 2013 without doing something about the gap in the budget.
In other words, if we're still in February, and no "deal" is reached, then nothing bad happens to the population. And if it's not fixed before taxes, then it's no big deal because any deal after tax time means we'll get a refund after on the difference.
Don't let the corporate media (CNN, MSNBC, Fox News, etc) scare you. Most of the reporters you see on TV have no idea what they read off the cue card.
And personally I hope there is no deal for a while. Both Obama and the Republicans want to cut social security and medicare with this "grand bargain". There is no fundamental opposition to cuts in these negotiations. The majority of the population do not want cuts to social spending. So I hope no deal gets done so that some sort of pressure can be put on Obama to NOT cut social security or medicare.
Rob Portman posted on facebook "I am calling on President Obama to withdraw his recent Executive Order raising federal salaries -- including for Members of Congress. Until a long-term deficit reduction agreement is reached, we should not consider increasing the pay for Congress."
republican or democrat, I think we could all agree.
And any "deal" made by both parties (who are in essence just two factions of the same party) would mean cuts to social spending (Social Security and Medicare). That is a big no-no. The population does not want those programs to experience cuts. If there is any "deficit reduction", then it's the population who will suffer, not the 1%.
The Associated Press @AP
BREAKING: Senate Democratic aide: White House and GOP reach deal on fiscal cliff.
So how does this effect me either way?
I would imagine that 'Federal salaries' includes more than just members of Congress. I would specifically deny raises - hell, I'd cut the bastards - to any members of Congress, until such time as they demonstrate some sense of public responsibility. If word of the last minute deal is true, the Republitards (I use the term advisedly, you know who they are) were just playing chicken with the POTUS again.
To anyone looking on from the other side of the pond, it is beyond incomprehensible that extreme right wing conservatives can literally hold the country to ransom to try and push an agenda that is not only unfair, unreasonable and immoral - to cut social services while maintaining tax benefits for the very rich and for corporations, and while maintaining an obscene 'defense' budget - an agenda that was defeated at the recent election. This means that a majority of those who voted rejected the plans the Republitards have been trying to push.
The 'defense' budget stands at around 700 billion. The US Air Force has nearly 6000 planes of all kinds! The Army has over 6000 M1 battle tanks! What. The. ****????? What do we need 6000 tanks for, and why does Congress vote for funds for more tanks when even the Pentagon says that they don't need any more. What. The ****????
And nobody dares say a word about cutting defense, because then you'd be accused of being un-American, of risking the safety of the country, etc. We could happily make do with a quarter of what we've got now, and even that would be overkill. That would 'save' a trillion in no time.
and there has to be some kind of entitlement reform. it's 70% of the federal budget. I would actually disagree and I think that most people agree that there has to be some kind of entitlement reform.