Read it and weep, folks...
"Obama said the potential agreement would prevent federal income taxes from rising on middle-class families, extend tax credits for children and college tuition, provide tax breaks to clean-energy companies and extend unemployment insurance for 2 million Americans."
So in other words, no savings, no cutbacks, further deficit spending upon deficit spending... further debt upon debt...
"The two sides also appeared to have reached consensus on unemployment benefits, with Republicans acceding to Democratic demands to keep benefits flowing to the long-term unemployed for another year."
First of all, there aren't really "two sides." There are the real Democrats and the Boehner and McConnell RINOs.
Second of all, with this latest "extension" of unemployment "benefits" neither side is even bothering to pretend any more that they haven't turned America into a European-style welfare stay complete with a never-ending "dole" for those unwilling to work.
"Medicare payments would not be cut for doctors next year, and the cost of preserving those programs would not be offset with other spending cuts."
Of course Medicare payments won't be cut; they were never going to be cut! That was always a fraudulent promise never meant to be kept! And of course there will be no "offsets" - did any of you actually believe there would be...???
"With a New Year’s Eve deadline hours away, Democrats abandoned their earlier demand to raise tax rates on household income over $250,000 a year. Obama had vowed repeatedly during his reelection campaign to allow tax cuts to expire for incomes over that level."
Lies upon lies upon lies upon lies...
"Regardless of whether an agreement is reached to avoid the “fiscal cliff,” many Americans are all but certain to face a broad hike in taxes starting Tuesday because of the expiration of the payroll tax cut, which was enacted in 2011..."
And for this small measure of sanity I'm thankful!
Folks... bottom line... if this latest reportage is creditable... it's simply further proof that the inmates are running the asylum.
As long as McConnell and Boehner represent the GOP in the House and Senate we might as well not have a GOP in the House and Senate.
2 comments:
http://www.breitbart.com/Big-Government/2012/12/31/Fiscal-cliff-deal-41-1-in-tax-increases-to-spending-cuts-ratio
According to the Congressional Budget Office, the last-minute fiscal cliff deal reached by congressional leaders and President Barack Obama cuts only $15 billion in spending while increasing tax revenues by $620 billion — a 41:1 ratio of tax increases to spending cuts.
* WILL ANY OF THESE SUPPOSED CUTS ACTUALLY MATERIALIZE...? I DOUBT IT. SOME MONIES MIGHT GET SHIFTED AROUND, BUT OVERALL SPENDING... IT'LL CONTINUE TO RISE.
* AS THE INCREASED TAXES... THE MONEY WON'T GO TO DEFICIT REDUCTION (LET ALONE DEBT REDUCTION) BUT RATHER TOWARDS FINANCING ADDITIONAL SPENDING.
When Presidents Ronald Reagan and George H.W. Bush increased taxes in return for spending cuts — cuts that never ultimately came — they did so at ratios of 1:3 and 1:2.
“In 1982, President Reagan was promised $3 in spending cuts for every $1 in tax hikes,” Americans for Tax Reform says of those two incidents. “The tax hikes went through, but the spending cuts did not materialize. President Reagan later said that signing onto this deal was the biggest mistake of his presidency.
"In 1990, President George H.W. Bush agreed to $2 in spending cuts for every $1 in tax hikes. The tax hikes went through, and we are still paying them today. Not a single penny of the promised spending cuts actually happened.”
* NOW WE CAN ONLY PRAY THAT HOUSE CONSERVATIVES CAN PREVENT BOEHNER FROM SIGNING ON TO THE DEAL AND GETTING IT PASSED IN THE (*CLEARING MY THROAT*) "REPUBLICAN CONTROLLED HOUSE."
http://www.washingtontimes.com/blog/inside-politics/2013/jan/1/rubio-paul-vote-against-fiscal-cliff-deal/
It could be considered the first vote of the 2016 presidential primary, and Sen. Marco Rubio defied most of his party by voting against the "fiscal cliff" deal GOP leader Sen. Mitch McConnell and Vice President Joseph R. Biden struck.
* NOTICE, FOLKS, IT'S ALWAYS ABOUT RUBIO. WELL... I DON'T TRUST RUBIO. REGULAR READERS KNOW WHY. STILL... THIS IS A GOOD START FOR THE YEAR. I APPLAUD RUBIO FOR HIS PUBLIC SLAP IN THE FACE TO MCCONNELL... HOWEVER... SINCE IN THE TRUEST SENSE (BECAUSE OF THE NUMBERS) THIS IS A SYMBOLIC VOTE, I WOULDN'T PUT IT PAST RUBIO - OR MCCONNELL - TO HAVE "AGREED" TO RUBIO'S SHOW VOTE IN ADVANCE. TIME WILL TELL.
Mr. Rubio was one of just eight senators to vote against the legislation, which cleared in an easy 89-8 vote just after 2 a.m. on New Year's Day.
The Florida Republican is seen as a leading contender for his party's presidential nomination in four years.
* YEP... (*SHRUG*)
In a statement Tuesday morning, he praised Mr. McConnell for striking the deal, but said the agreement failed to get the job done.
* SEE WHAT I MEAN, FOLKS...? (*SHRUG*)
Sen. Rand Paul, a Kentucky Republican whose father, Rep. Ron Paul, shook up the GOP's nomination race in 2012, also voted against the deal.
* "ALSO." (*SMIRK*) NO, FOLKS... RAND PAUL IS THE REAL DEAL. IF ANYONE IS AN "ALSO" IT'S RUBIO!
Many of the GOP's staunchest fiscal conservatives voted for the agreement, including Sen. Tom Coburn of Oklahoma and Sen. Jeff Sessions of Alabama, the ranking Republican on the Senate Budget Committee.
* OH, PLEASE! AGAIN, FOLKS, RELATIVELY SPEAKING THE WASHINGTON TIMES IS A "CONSERVATIVE" NEWSPAPER, BUT COBURN AND SESSIONS...??? NEITHER IS A TEA PARTY REPUBLICAN. NO... NEITHER MAN IS A RINO PER SE... BUT THEY GO ALONG TO GET ALONG QUITE FREQUENTLY. (AND AGAIN... THEY - PARTICULARLY COBURN - ARE MCCONNELL ALLIES OUT OF PERSONAL FRIENDSHIP. BOTH MEN WILL PUT THE COUNTRY SECOND TO POLITICS WHEN PUSH COMES TO SHOVE.)
Speaking on the chamber floor Monday, hours before the vote, Mr. Paul said Americans should be disappointed in the agreement.
* HORRIFIED! DISGUSTED! OUTRAGED!
"This isn't about getting rich people; this is about what it will do to the economy, what it is going to do to the average middle-class person who works for a rich person," he said.
He said that if tax increases are bad for some, they are bad for everyone — including the wealthy.
* LISTEN... THE ENTIRE TAX CODE IS AN ABOMINATION.
Another potential 2016 GOP candidate, South Carolina Sen. Jim DeMint, missed the vote. He has been absent from the Senate in recent weeks as he prepares to take over the helm at the Heritage Foundation.
* DEMINT WOULD HAVE VOTED NAY. WE ALL KNOW THIS. HAD THERE BEEN A CHANCE OF STOPPING MCCONNELL... DEMINT WOULD HAVE RETURNED TO WASHINGTON AND STOPPED MCCONNELL. I BELIEVE THIS.
On the Democratic side, Mr. Biden, whose name has been floated as a potential successor to Mr. Obama in 2016, emerged as a key author of the deal, along with Mr. McConnell.
* DOESN'T THAT JUST GIVE YOU A "NICE" FEELING IN YOUR BELLY? (*RUSHING TO THE TOILET TO THROW UP*)
* FOLKS... NOTICE... WHILE THE "CONSERVATIVE" WASHINGTON TIMES FOUND SPACE TO (TRY TO) PROVIDE COVER FOR COBURN AND SESSIONS THEY DIDN'T BOTHER TO IDENTIFY THE OTHER REPUBLICANS WHO VOTED ALONG WITH PAUL AND RUBIO. HERE... ALLOW ME:
Grassley (R-IA); Lee (R-UT); Shelby (R-AL)
* OF THESE THREE... LEE IS THE ONLY TRUE TEA PARTY REPUBLICAN.
* FOLKS... WE'RE IN DEEP SHIT.
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