Congress: GOP boxed in?

The New York Times: “With President Obama insisting on higher tax rates for affluent Americans and winning public support for the idea, Congressional Republicans find themselves in an increasingly difficult political spot and are quietly beginning to look for a way out.” More: The leadership officials now say that if no deal can be struck to avert the automatic expiration of all the Bush-era tax cuts and the onset of deep, across-the-board spending cuts, they could foresee taking up and passing legislation this month to extend the tax cuts for the middle class and then resume the bitter fight over spending and taxes as the nation approaches the next hard deadline: its statutory borrowing limit, which could be reached in late January or February.”

What it all boils down to… Politico: “Obama and Boehner are locked in a struggle for public opinion, the weapon that provides the upper hand in the negotiations. The advantage, at this point, clearly belongs to Obama. Senior administration aides say the president doesn’t want to go over the fiscal cliff — but he’s willing to if Republicans don’t yield on tax rates. And multiple polls find the public is on Obama’s side, showing that voters will blame the GOP if no deal is reached. Republicans are desperate to gain political ground — and say Monday’s counteroffer by Boehner at least gives them hope of turning public opinion back in their favor.”

USA Today’s editorial page praises the GOP counteroffer as “serious.” It writes: “Obama and fellow Democrats would do well to treat it for what it is: a credible bid to start dealing with runaway deficits. In fact, it is superior to the offer Obama put on the table last week, as it more aggressively targets the government's biggest budget problems and refrains from adding costly spending. The new GOP plan is, to be sure, far from perfect, particularly on the revenue side. Republicans continue to insist that additional tax revenue should come only from closing deductions, credits and other ‘tax expenditures,’ not from the higher rates they have pledged to oppose.”

The Boston Globe notes that the fiscal cliff deduction cap offered by Republicans would most affect the “comfortable”: “Whether you call yourself rich, fairly well-off, or merely upper-middle-class, you are in the crosshairs of the Washington tax debate. House Republicans’ proposals to cap or even eliminate itemized deductions would exact a bigger toll on upper- to high-income earners in the professional classes. These earners are not the Warren Buffetts and the Mitt Romneys. They are the smartly suited, rank-and-file achievers who populate financial districts and research parks. They drive base-model BMWs and have timeshares in Florida, not their own private islands. They are comfortable but still worry about college tuitions, retirement savings, vacation money — and they are the slice of America that relies most heavily on tax deductions for mortgage interest, state and local taxes, and charitable contributions to reduce their annual taxes, specialists say.”

“In the end, Kerry and other supporters fell five votes short of the 66 needed for ratification of the international pact known as the UN Convention on the Rights of Persons with Disabilities -- hailed by advocates as a human rights effort to transform how nations across the world treat those with long-term physical, mental and intellectual impairments, particularly children who face a future of bleakness because of their disabilities,” the Boston Globe notes, adding, “The treaty had already been approved by the European Union and 125 countries, including China and Russia.”

More: The treaty was supported by President George W. Bush, who helped negotiate it and whose father, President George H. Bush, signed the ADA into law in 1990. Former Senate Majority Leader Bob Dole, looking frail and requiring a wheelchair, returned to the chamber on Tuesday in a symbolic show of support for the treaty. Senator John McCain, a Republican from Arizona and staunch supporter of the treaty, read from a letter written by Dole. But McCain’s fellow Republican from Arizona, Senator Jon Kyl, helped defeat the bill.”

Elizabeth Warren is "likely" to get a spot on the Banking Committee, a Democratic aide tells NBC.  "She is likely to get it," the aide said, "but nothing is final until everything's final." The aide warns: "Nothing's final until the slate is confirmed by the caucus. Reporting that she is definitely on it is premature."

But all signs are that Warren wants the assignment and is going to get it, despite reports that the banking lobby has tried to stop her from getting the post.

Kathleen Parker takes a shot at John McCain for his opposition to Susan Rice to be Secretary of State. The real reason, she says for the opposition: “She’s not a member of the most elite club in America, the U.S. Senate.” More: “[T]he opposition’s arguments are weak, chief among them that Rice isn’t qualified. This from McCain, whose vetting history includes about 80 minutes of conversation with Sarah Palin before selecting her as his running mate in 2008. McCain’s opinion about Rice’s qualifications is only slightly less compelling than his thoughts on Playtex vs. Spanx.”

“A Republican lawmaker says a new report that details how references to al-Qaeda were removed from White House talking points on the U.S. Consulate attack in Benghazi is further evidence the Obama administration tried to mislead the public about what happened,” USA Today writes. " ‘There appears to be a concerted effort to mislead the American people,’ says Rep. Jason Chaffetz of Utah. ‘At this point the Obama administration has been elusive at best and misleading at worse.’”

What a story… the story of the seven-week congressman: “Newly elected Rep. Dave Curson moved into his spacious, sun-drenched Capitol Hill office three weeks ago, eager to savor every minute of his congressional career,” Politico notes. “And relish it he must: In four more weeks, it’ll all be over. The Michigan Democrat just won his first congressional race, but in a twist of redistricting he’s already a lame duck. He was elected to a mere seven-week stint, ending on Jan. 2, to finish out Republican former Rep. Thad McCotter’s term.

Discuss this post

The republican party has come to realize (evidenced by Boehner's discipline of some committee members) that the tea party embrace includes a kiss of death. (Republican) party leaders are trying to wipe off the lipstick.

  • 5 votes
Reply#1 - Wed Dec 5, 2012 9:22 AM EST

The Republican Party, particularly in the Senate, has proven, yet again, that unless you are a fairly healthy, white male, with no disabilities (like being Jewish, Catholic, Mormon or phyisically disabled) you can NOT participate in the great dream that is America.

The GOP voted NO again, this time as several of their own implored them to pass the UN Convention on People with Disabilities. The stupidity of some of the comments coming from supposedly grown men is absolutely amazing.

The automatic NO coming from the GOP has to stop.

If Harry Reid does not eliminate the filibuster on Jan. 1, he should be replaced. Their is no place in modern society for a group of angry old men to be controlling our country.

  • 5 votes
#1.1 - Wed Dec 5, 2012 10:55 AM EST

I agree. The GOP has been, and still is the party of NO. And if anyone wants to filibuster, let them work for it, the old fashioned way.

The GOP should be ashamed of themselves dishonoring the disabled, and dishonoring their colleague Bob Dole.

  • 4 votes
#1.2 - Wed Dec 5, 2012 11:59 AM EST

Maybe the new Congress will see it differently. There will, after all, be a few more Democrats and a few less Gee NO peeers.

  • 2 votes
#1.3 - Wed Dec 5, 2012 1:19 PM EST

Personally I believe people like Romney paying 10.3% on 21 million are the ones to target not the well to do working families even those making 500K or more. Unfortunately people like Romney won't pay one dime more by simply raising the rate. They should set a cap on the amount of money they can shelter at lower rates. It annoys me people like Romney will thumb their nose at us whatever we do on taxes.

  • 1 vote
#1.4 - Sat Dec 8, 2012 5:54 AM EST

Larry-Personally I believe people like Romney paying 10.3% on 21 million are the ones to target not the well to do working families even those making 500K or more. Unfortunately people like Romney won't pay one dime more by simply raising the rate. They should set a cap on the amount of money they can shelter at lower rates. It annoys me people like Romney will thumb their nose at us whatever we do on taxes.

Totally agree with you. Increasing the tax rate while,a good first step. Should only be the start. There is no moral reason that a person working hard everyday and drawing a salary should pay tax on that salary.While someone making their income from invested money pays little,or nothing on their huge income. The tax rate should be the same,however you gain your living. This is one of the main reasons we have a deficit.The very wealthy with their offshore accounts,and other tax-free wealth are destroying this country.

    #1.5 - Sat Dec 8, 2012 4:03 PM EST
    Reply

    They not only boxed themselves in they closed the lid, and in typical republican fashion they forgot to drill holes for breathing. Don't worry republicans, the Democrats will take care of it for you as they usually do. Democrats are always cleaning up the mess left by republicans.

    • 10 votes
    Reply#2 - Wed Dec 5, 2012 9:23 AM EST

    They not only boxed themselves in they closed the lid, and in typical republican fashion they forgot to drill holes for breathing.

    What a great comment. And so true. For the life of me, I cannot understand why Republicans cannot see how they have destroyed their brand through taking a bullet for the super rich. First, they risked our good credit rating to save the rich, now they risk our economic recovery for the likes of a casino mogul's tax cut. Unbelievable.

    • 9 votes
    #2.1 - Wed Dec 5, 2012 10:16 AM EST

    They are able to lock themselves in with no oxygen because they don't have brains that need it.

    • 6 votes
    #2.2 - Wed Dec 5, 2012 10:56 AM EST

    I saw this article the other day,which says it all:

    Republicans Are More Willing to Cause Another Recession than Abandon the Rich

    By: RmuseDecember 7th, 2012

    Every creature on this planet has a purpose in life whether it is an animal that exists to procreate, or a human who studies to learn how to build bridges, and regardless the end to be attained, it takes ardent dedication to that purpose to find a measure of success. Unlike animals, humans are able to devote themselves to a cause, or an ideology, and history is replete with catastrophic results of ideological devotion. Any strict ideology is dangerous because it is usually entails some form of oppression, and it is nearly always the case that regardless their numbers, an ideological group with power and influence will abuse the masses mercilessly. The conservative movement is devoted to the ideology that government exists to benefit the rich and corporations, and that their primary job is robbing the people of their assets; it has been their purpose for seventy-five years.

    Conservatives’ are hardly concealing their intent to protect the wealthy any longer, and voters plainly rejected them in the election last month. Regardless, Republicans have held firm to their stated goal of never raising tax rates on the richest 2% of income earners in what has been a two-year crusade they will stick to even if it means taking the economy over the fiscal cliff. The Republican counter offer to President Obama’s balanced proposal to avoid sequestration cuts maintained Bush-era tax rates for the rich and proposed $1.4 trillion in various cuts that affect the poor, middle class, and the elderly. Nonetheless, hardline conservatives assailed Boehner’s proposal for closing tax loopholes and not being made up of spending cuts exclusively.

    Republican’s persistence of eternal tax breaks and preferential treatment to a tiny percentage of the population is absolute, but what really drives them to excitement is robbing the people of their assets; a goal from which they have never wavered. In their never-ending quest to eliminate the government, a conservative tactic is attacking successful and popular programs with a view toward bankrupting, and eventually eliminating them. Republicans’ greatest enemy is not Democrats or liberals, but any successful government program that eviscerates their argument that government is bad and worth shrinking, if not entirely eliminating. Two of the most successful programs in America’s history is Social Security and Medicare because they are funded by every American who works which is why Republicans are hell-bent on robbing and bankrupting them.

    Every American who has ever held a job funds Medicare and Social Security with their payroll taxes, and yet the GOP refrain is they are entitlements that must be reined in to save the economy and reduce the deficit. Republicans have spent no small amount of time attempting to convince Americans that if the people do not allow Republicans to steal their retirement and healthcare accounts they paid into throughout their working lives, then all is lost and the nation will collapse under the crushing debt brought on by Social Security and Medicare. What has been the bane to Republicans is that the people will not comport politicians stealing their assets, and both Social Security and Medicare are assets that belong to the people.

    Republicans cannot understand that the American people are compassionate toward their fellow citizens and approve, by a large margin, of using money from their retirement and healthcare pool to care for the least fortunate among us. In fact, during the campaign, 87% of Americans believed helping the poor should be a top or important priority of government, and President Obama’s re-election bears out that statistic. They also believe by a 72% to 28% margin that millionaires paying a lower tax rate than their employees is a much bigger problem than 47% of Americans who do not pay federal income taxes. Republicans however, oppose helping the poor and in fact, spent all of 2011 and 2012 attempting to steal their assets despite just having secured a two year extension on Bush tax cuts for the wealthy. In a deal at the end of 2010, President Obama extended the Bush cuts in order to extendunemployment benefits and a payroll tax holiday for working Americans. Republicans responded during the 112th Congress with a budget, the Path to Prosperity, which cut taxes on the wealthy, privatized Medicare, and contained Draconian spending cuts that affect 98% of the American people. Although for the next year-and-a-half and up to the election the people rejected more gifts to the rich and cuts to their assets, but the GOP is holding firm to tax cuts for the rich, eliminating middle class tax exemptions, and Draconian cuts to social programs.

    One wonders why Republicans are adhering to an agenda they know is a recipe for economic failure and why their solution to every economic problem entails tax cuts for the rich and robbing Americans of their assets, and the only reasonable conclusion is their decades-old ideology of handing the people’s assets to the rich coupled with their not-so-subtle shift toward libertarianism. The Republicans’ agenda is the Koch brothers, Heritage Foundation agenda of transforming America, and the government, into a corporatist ruled nation allowing Wall Street, corporate banking interests, and the insurance industry free reign to take every last bit of wealth from the 98% and hand it over to wealthy bankers and industrialists. If Republicans can cut Social Security and Medicare into insolvency, Americans will scramble to make up their losses as Wall Street and insurance industry customers. The GOP’s intent has been privatizing the government for years, and underfunding successful and popular programs is the logical step towards handing control of those programs over to Republican campaign donors while the people struggle to survive.

    Conservatives and their legislative arm, the Republican Party, have no intention of backing down from their ideology of greed and hate, and it will lead to either an economic collapse which plays into the hands of the wealthiest Americans, or a nation of struggling peasants who lost everything to a sick and evil ideology. The tragedy is that Republicans are more than willing to see America suffer a deep recession, fall into total disrepair, and experience massive unemployment as long as they achieve their ultimate goal of stealing everything from 98% of the population and giving it to the rich.

    http://www.politicususa.com/republicans-recession-abandon-rich.html

      #2.3 - Sat Dec 8, 2012 4:09 PM EST
      Reply

      The One Percent have usurped control, disenfranchised most of us, and moved our nation into plutocracy and continuing wars against our interests. Reducing Israel's huge extorted subsidy to zero would also reduce hostility toward America justifying many more reductions. Resurgence of American democracy, opportunity and vibrancy require replacing Bush's gross tax break for the rich with a steeply progressive rate on all income. That includes dividends, carried interest, capital gains and, for the One Percent, wealth too. However did tax on unearned income get to be lower than on earned income?

      • 5 votes
      Reply#3 - Wed Dec 5, 2012 10:09 AM EST

      Congress needs to wake up. The Republicans are a lost cause,but Democrats need to see the light before its too late.Why would they even listen to these thieves:

      CEO's Who Can't Manage Their Companies' Retirement Plans Want to "Fix" Social Security

      | Tue Nov. 27, 2012 7:42 AM PST

      Corporate chief executives who get involved in politics often invoke their business bona fides as a superior guide to fixing the nation's problems. The CEO's behind the latest "Fix the Debt" campaign are no exception. The top dogs at more than 90 American corporations—ranging from Honeywell's David Cote to Loews' James Tisch— have signed on to the coalition to press Congress to rein in federal spending, particularly on entitlements, and to balance the nation's books. The anti-debt coalition would like to see big cuts in Social Security benefits and an increase in the retirement age as a "fix" for the program.

      Of course, American political leaders should always take the advice of rich businessmen with a grain of salt (and here they are almost uniformly men), especially when the remedy also includes big corporate tax cuts, as the "Fix the Debt" coalition is advocating for. But also, in this case, it's fairly clear that there's nothing about being a CEO that makes one especially well-equipped to dictate massive changes to the nation's collective retirement plan. Indeed, the CEO's behind the "Fix the Debt" coalition come from companies with rather dismal records of managing their own retirement plans.

      Consider this: According to a new report from the Institute of Policy Studies, the 71 publicly held firms in the coalition have "a combined deficit of more than $100 billion in their employee pension funds." As with Social Security, these companies' retirement plans don't have enough money in them to pay out the promised benefits to the company workers. That's not because the companies don't (or didn't) have the cash. On the contrary.

      One of the largest companies participating in the "Fix the Debt" campaign is GE, which in the 1980s had a $24 billion pension fund surplus. But GE and other big companies like it found ways to siphon money out of the fund to use for other things, like restructuring deals. GE also failed to contribute any money to the fund for 24 years. By 2009, GE's pension fund had a $22 billion deficit. Rather than draw on some of its cash reserves—some $85 billion currently on hand—GE last year decided to simply close the fund to new participants, forcing them into the sub-par 401(K) system.

      Meanwhile, GE's CEO, Jeffery Immelt, hasn't skimped on his own retirement funds. He has a pension worth more than $47 million, plus another $5.3 million in deferred compensation coming his way, a nest egg that would translate into a monthly pension payment of about $292,000 for the rest of his retired life, according to IPS. By way of comparison, the average monthly Social Security check is $1,237.

      IPS also includes in its report some staggering statistics about the state of the private sector's retirement planning that suggest some of these companies' retirement policies are one reason American workers are so reliant on the very safety net that the "Fix the Debt"ers want to slash. Here are a few:

      • Percentage of Fortune 100 firms offering traditional pensions to employees in 1980: 89
      • Percentage of Fortune 100 firms offering traditional pension for employees in 2012: 11
      • Percentage of Fortune 100 firms operating such plans for CEO and other executives: 79
      • Percentage of private sector workers having traditional pension at work in 1980: 83%
      • Percentage of private sector workers having traditional pension at work in 2011: 15%
      • Percentage of current full-time American workers in their 50s that have neither 401(K) nor traditional retirement plan at work: 44%
      • Percentage of Americans with no retirement assets of any kind: 34%
      • Estimated amount of retirement savings necessary (beyond Social Security) to provide $25,000 in annual income during retirement years: $500,000
        #3.1 - Sat Dec 8, 2012 4:21 PM EST
        Reply

        Meanwhile, back at the ranch... The Texas GOP gubna Rick Perry (In a direct attack aimed squarely at his own republican constitchency) proposes that all "takers" in the great state o' Techshush undergo drug testing to qualify as Republican voters recipients.

        • 2 votes
        Reply#4 - Wed Dec 5, 2012 11:20 AM EST

        That rocket scientist Rick Scott in FL did that, and it ended up costing the state more than it saved. But he got to further humiliate people on assistance programs, so I'm sure he's doing the happy dance anyway.

        • 1 vote
        #4.1 - Wed Dec 5, 2012 1:54 PM EST
        Reply

        Yes the GOP is boxed in. The best part is they built their own box. How proud do you think they are of their box?

        • 3 votes
        Reply#5 - Wed Dec 5, 2012 1:21 PM EST

        The GOP hasn't felt this "boxed in" since that airport bathroom stall incident... Made even more ironic by the fact that they're currently needing to "widen their stance" as a political party (again). Will they NEVER learn?

        • 2 votes
        Reply#6 - Wed Dec 5, 2012 2:48 PM EST

        The thing that pisses me off the most is when the GOP talks about "entitlements", they only mean those that help less fortunate folks......What about corporate entitlements? Why do oil companies recieve billions in government handouts when they make billions in profits? Huge farming concerns? Why does General Electric pay NO income taxes? I'm sure their are many more that could be sited. Lets start with them!

        As for the GOP, I'm sure they will continue to stay alive, but they DO have to change, if they can. If they don't, eventully they will all die off and we'll all be better off.

        • 2 votes
        Reply#7 - Wed Dec 5, 2012 6:22 PM EST

        My concern is the DEAL Boehner offered Obama is essentially everything the GOP wants and nothing the DEMs want. Its like asking 2 people to share a loaf of bread. One side demands the whole loaf and says in exchange the other person can have any crumbs that fall off.

        • 2 votes
        Reply#8 - Thu Dec 6, 2012 6:48 AM EST

        The GOP House members haven't gotten the message that Obama was re-elected, and the majority of Americans agree that the very rich SHOULD pay more taxes, as they did in the past. During the past 2 years the Tea Party Congress did very little actual work, though they went through the motions. (How many times did they vote to kill ObamaCare?) Now they don't know how to actually do anything, so they sit on their hands and say NO. The country is being held hostage by a small gang of amateurs who have no idea of how to legislate. No taxes for the rich, even though they cry and wail about the deficit their Republican president created.

        Maybe the people who voted these failures into the House will finally realize that Just Say No is just ideology, not a way to move the country forward. Perhaps then they will vote these slackers out and replace them with people who will work for the good of the country.

        • 1 vote
        Reply#9 - Fri Dec 7, 2012 9:27 PM EST

        Entitlements = Social Security (paid for and raided by the Feds) = Medicare (paid for and raided by the Feds) - Unemployment = Saety Net for those looking for work. Food Stamps = help for poor to eat at least something nutritious once in a while. Rich = $500k yearly with deductions guaranteed to pay 15-20% taxes while those making $50k pay 28-34%, possibly more since deductions are unlikely. Millionaires and Billionaires = paying 0-14% income tax with offshore accounts that shield them from having to report all income.

        Warren Buffett proposed that there be at least a minimum tax on millionaires and billionaires, he suggested 30%. People with that type income can pay that rate and not miss one filet mignon. Perhaps Congress should take up that idea while making sure that the 98% pay the rate that is on us at present.

        The onus is now on the Republican Party. If it continues on its present path, people will vote the most strident out and vote in people like Lincoln, T. Roosevelt and others like them. In other words, people will vote in more progressive and proactive vs. inactive and regressive Representatives and Senators.

        • 2 votes
        Reply#10 - Sat Dec 8, 2012 12:27 PM EST

        The Republicans need to do something radical for them,"Put the Country First":


        The Republican Obsession With Obstructing Obama is Endangering the Country

        By: RmuseNovember 30th, 2012

        The spectrum of behaviors characterized by abnormal mental or behavioral patterns manifest as violations of normalcy, including a person becoming a danger to others, is a broad definition of insanity. Albert Einstein defined insanity as “doing the same thing over and over again and expecting different results,” and his definition aptly describes the Republican Party for the past thirty years. However, since President Obama won re-election three weeks ago, members of the GOP in Congress have gone off the rails, and the consequences to the government, and 98% of the people, represents a clear danger to the nation’s fragile economic recovery. Even though the election proved voters rejected Republican obstructionism and loyalty to the wealthy, they are digging in their heels and threatening tactics they used over the past four years as if the people demanded they continue making government unmanageable.

        When S&P downgraded the country’s credit rating last year, they saidAmerica’s governance was becoming less stable, less effective, and less predictable,” and blamed Republicans for using “the statutory debt ceiling and the threat of default as political bargaining chips to resist any measure that would raise revenues.” S&P recognized that sequestration leading to the so-called fiscal cliff was “a fallback mechanism designed to encourage Congress to embrace a more balanced approach to deficit reduction,” but they understood Republicans were intent on letting the “2001 and 2003 tax cuts, due to expire by the end of 2012, remain in place.” The Republican proposals beginning the day after the election informed that S&P recognized what many Americans have witnessed for the past four years and that is the Republicans will continue obstructing any attempt to increase revenue that includes raising taxes on the rich. In fact, they are still pushing Romney’s tax plan for fiscal cliff negotiations that include reducing tax rates for the wealthy and closing tax loopholes for the middle class.

        In an effort to unblock the logjam in the Senate, Majority Leader Harry Reid is proposing changing filibuster rules to disallow Republicans from obstructing bills from even coming up for discussion, and it prompted Speaker of the House John Boehner to pre-condemn a change to the filibuster by threatening that, “Any bill that reaches a Republican-led House based on Senate Democrats’ heavy-handed power play would be dead on arrival.” However, there have been bills that did pass the filibuster prone Senate Republicans, like keeping tax cuts for 98% of Americans and 97% of small businesses, that House Republicans refuse to bring up for a vote, or discussion. Republican obstructionism is not dependent on Senate procedures, but on giving preference to the wealthy and opposing any Administration or Democratic measure regardless if it helps create jobs, boost the economy, or reduce the deficit.

        Yesterday, Treasury Secretary Tim Geithner presented President Obama’s proposal for avoiding the fiscal cliff Republicans voted for last year, and Republicans dismissed it with extreme prejudice because it is not austerity with more tax cuts for the rich. The President’s proposal adheres to the kind of broad framework of the deal Boehner wants with an upfront deficit-reduction “down payment” that cancels automatic tax increases and spending cuts while still signaling seriousness on the deficit, and a second stage giving Congress the opportunity to work on overhauling the tax code and social programs to secure more deficit reduction next year. Still, it does not include reducing taxes on wealthy and corporations’ while drastically cutting social safety nets and spending on infrastructure. Boehner said, “The Democrats have yet to get serious about real spending cuts,” and that “no substantive progress has been made in the talks between the White House and the House over the last two weeks. Listen, this is not a game, jobs are on the line, the American economy is on the line. And this is a moment for adult leadership.” Senate Minority Leader Mitch McConnell said, “They took a step backward, moving away from consensus and significantly closer to the cliff,” which is simple code for not proposing severe austerity to pay for tax cuts for the wealthy that, according to the non-partisan Congressional Budget Office (CBO), will not reduce the deficit.

        In the CBO’s Budget and Economic Outlook for Fiscal Years 2012 – 2022, it says if Bush-era tax cuts are allowed to expire at the end of the year, then the projected deficit will shrink from $1.1 trillion to $196 billion; an 82% reduction over the next six years. As a result, an increase in tax revenues combined with spending cuts will nearly halve the deficit in 2013, reducing it to $585 billion. They also claim that because the Bush-era tax cuts were never paid for, they will remain 60% of the deficit through 2019 because the country is still paying on borrowed money to benefit the wealthy.

        There are signs that some Republicans realize the election was a repudiation of Republicans and their persistent obstructionism and refusal to help all Americans, but the majority are still of the mindset that preventing economic progress will “make President Obama a one-term President.” The Republican hatred of President Obama transcends economic policy and permeates their entire reason for living. The recent statements by some Senate Republicans that they will not confirm anyone the President nominates to replace Hillary Clinton as Secretary of State has nothing to do with the Benghazi attack that killed four Americans and everything to do obstructing President Obama. Their opposition to any Administration proposal is not founded in sound economic or foreign policies, but their insane obsession with preventing the President from working for the American people.

        Last year’s S&P report was correct in its appraisal that Republicans have made governance less stable, less effective, and less predictable, and one may have thought the election signaled that their intransigence on balanced deficit reduction was not acceptable, but they learned nothing whatsoever. In fact, they immediately trotted out Willard Romney’s tax plan, made Paul Ryan point-man on fiscal cliff negotiations, and assailed the President for not putting the Affordable Care Act on the table as a means of deficit reduction; anything to prevent raising tax rates on the wealthiest 2% of income earners. Their obsession with protecting the rich is more than just a form of mental illness; it is hazardous to this country’s economic health the American people cannot survive as long as they continue making governance less stable and effective.

        President Obama gave Republicans a proposal that cuts the deficit, cuts spending, creates jobs through infrastructure improvements, and preserves tax cuts for 98% of the population and 97% of small businesses. Republicans countered with Romney’s austerity plan and greater tax cuts for the wealthy, and they show no signs of relenting despite the looming fiscal cliff. Americans cannot tolerate another four years of Republican obstructionism just to benefit 2% of the population, or Draconian cuts to social safety nets that tens-of-millions of Americans depend on for basic survival. It has come to the point that Republicans are not doing the same thing over and over and expecting different results, because they are doing the same thing they have for the past four years and expect the same results of making governance impossible, and unfortunately for America, their insane obsession with obstructing the President is a danger to economic recovery and 98% of the population.

        http://www.politicususa.com/republican-obsession-obstructing-obama-endangering-country.html

          #10.1 - Sat Dec 8, 2012 4:28 PM EST
          Reply

          Why do yall want to only take care of 98%. Why not 100%. Some "facts" are being distorted in the comments. Simple facts, congress (R's & D's) do not know how to balance a checkbook. T's can't get it thru to congress that this can't continue. That is why they sit on their hands. For every employee, there is an employer. Get this, no employer, no employee! We need both to prosper. Our debt is Pathetic. Who ran it up? Bush did a bunch but Obama seems to be on a marathon. Well, who decided that the social security cost of living would be only 1.7% to cover the last 3 years? That doesn't compute. Also, who decided there is only one side to a story? We have too many jarhead politicians lead by a jarhead leader

            Reply#11 - Tue Dec 11, 2012 11:53 PM EST
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