Fiscal cliff: On the brink – of a deal or collapse?

The Boston Globe’s Johnson yesterday: “The spirit of public comity that followed last week’s mass murder of first-graders in Newtown, Conn., ended today with a pair of dueling news conferences by President Obama and House Speaker John Boehner in Washington. While both men had previously said the national trauma of seeing 26 people gunned down in the Sandy Hook Elementary School was enough to put politics in its place, each quickly fell back into the type of political rhetoric that preceded the shooting.”

USA Today: “Both sides sharpened their rhetoric Wednesday, suggesting they may be at loggerheads with hundreds of billions in tax increase and budget cuts set to be triggered in 12 days.”

“Boehner, R-Ohio, responded to Obama with a defiant tone. In an appearance before reporters that lasted under a minute, Boehner called on Obama to offer a deficit-cutting plan balanced between spending cuts and tax increases and predicted that the House would pass his backup plan,” the New York Daily News writes.

Politico: “Obama and Boehner hit their lowest point yet during a day of sharp words and legislative confusion — and the outlook significantly darkened for reaching a deficit-reduction deal before the new year. The talks are stalled, and Boehner is scrambling to muscle his own bill through the House — a proposal the president has already promised to veto.”

The Hill: “Fiscal-cliff talks deteriorated into dueling press conferences on Wednesday as Speaker John Boehner (R-Ohio) scrambled for enough Republican votes to pass his backup tax plan over a presidential veto threat.”

The New York Times: “Hopes for a broad deficit-reduction agreement faded on Wednesday as President Obama insisted he had offered Republicans ‘a fair deal’ while Speaker John A. Boehner moved for a House vote as early as Thursday on a scaled-down plan to limit tax increases to yearly incomes of $1 million and up, despite Senate opposition and Mr. Obama’s veto threat.”

Roll Call: “With both Democrats and hard-line conservative Republicans vowing to tank his “plan B” bill that would allow tax increases on millionaires, Boehner’s test Thursday will be to show the White House and Democrats that he has some control over his unruly conference as time to produce a deal averting tax hikes and automatic spending cuts runs out.” More: “Behind the scenes, however, members were asking that spending cuts be part of any legislative package, including the speaker’s plan B. And leadership aides said the final package was still up in the air. House Majority Whip Kevin McCarthy, R-Calif., and his team were hard at work trying to sell Boehner’s plan, but by press time, no one but Boehner had expressed total optimism that the legislation would be successful.”

A CNN poll finds: “53% say the GOP should compromise more, with 41% saying the Democratic Party should give up more of the proposals it supports to develop bipartisan solutions.” And a majority say the Republican Party’s views and policies are too extreme – 53%-43%. Democrats are seen as having mainstream rather than extreme policies by a 57%-37% majority.

John Boehner only gets a 34%/52% approval in how he’s handling his job as speaker. Yet by a 51%-43% margin, people say it’s good for the country that the GOP is in control of the House. By 49%-31%, people say they have more confidence in the president than Republicans in Congress to deal with major issues facing the country.

Discuss this post

no deal

then no boehner

  • 5 votes
Reply#1 - Thu Dec 20, 2012 9:20 AM EST

Another "symbolic" vote from the party that voted 33 times, at a cost of some $50 million, to repeal the ACA.

Keep sticking your hand in the fan blades, Boehner.

  • 9 votes
#1.1 - Thu Dec 20, 2012 9:30 AM EST

So is Obama going to reject a Republican tax on 'Millionaires' with no strings attached, which is exactly what Nancy Pelosi and Chuck Schumer have called for, and allow the tax increase on EVERYONE?

And are Nancy Pelosi and Chuck Schumer going to vote against the very tax increase that they previously proposed?

Time will tell, but it seems that Obama's version of 'compromise' is "My way or the highway".

  • 4 votes
#1.2 - Thu Dec 20, 2012 10:05 AM EST

PLAN B - "...while TWO (2) MILLION Americans would lose unemployment insurance", on December 29th, 2012.

Through no fault of their own, I know of 2 million Americans and their families, (now read 6-8 MILLION Americans effected), who will not be having a "Merry Christmas" if this gets passed as advertised.

  • 1 vote
#1.3 - Thu Dec 20, 2012 1:21 PM EST

Let the "fiscal cliff" collapse.

Hell, the Libbies have been telling us how great the economy got when Billy "Blue dress" Clinton raised the taxes on everyone in 1992 let's just go back to those rates for everyone and watch as the economy magically improves. Maybe Al Gore can invent something like the internet again while we're at it.

Let sequestration happen. When Americans wake up from their delusional nightmare of social and economic justice and realize the Democrats have allowed a million military related jobs to disappear maybe they'll get educated about how unsustainable Barrack Husseins statist driven European nanny state is.

It's sad to see so many Americans indoctrinated in the Liberal/Progressive delusion that the best you can become is middle-class. The constant class warfare/envy meme which demonizes success and being wealthy is typical of the Ivy League faculty lounge elitists who have never created commerce or had a real job. I prefer to believe that anyone can be successful and wealthy if they want to be, they just need to try.

Greed isn’t someone wanting to keep more of what they earn, its people demanding a greater share of money that someone else has earned.

  • 3 votes
#1.4 - Thu Dec 20, 2012 2:25 PM EST
Reply

Obama blinked and the Benghazi cover-up stinks.

  • 3 votes
Reply#2 - Thu Dec 20, 2012 9:22 AM EST

Who would have thought it - anti-government ideologues make lousy legislators.

  • 9 votes
Reply#3 - Thu Dec 20, 2012 9:24 AM EST

Who would have thought it - anti-government ideologues make lousy legislators.

Yup! Anti-government while collecting a government check!

  • 6 votes
#3.1 - Thu Dec 20, 2012 10:22 AM EST

Amy and chilled: These are the two best comments I've read on FR all morning!

  • 1 vote
#3.2 - Thu Dec 20, 2012 12:34 PM EST
Reply

Lets go off the so called cliff. Nobody knows what will happen. All you got is a bunch of self serving egomaniac pundits trying to tell you what will happen. they don't have a clue what will happen, their just acting like they know. It's called fear mongering, something the media is getting good at.

  • 8 votes
Reply#4 - Thu Dec 20, 2012 9:52 AM EST

Let's just admit that actually "going over the cliff" is closer to a good thing than anything the Republicans have offered to date. I'm pretty much convinced that the sequesters are the way to go and if the Republicans won't allow the tax rates to go up for just those making over $250K, well then let's just have the rates go up for everyone and then deal with what we can do to bring them down for the middle class. Let's admit that this "deal" that was worked out to allow the debt ceiling to rise is actually not as bad as some people are trying to make it sound.

  • 4 votes
Reply#5 - Thu Dec 20, 2012 10:24 AM EST

What a fool Boehner is. He knows full well that the " plan B" bill will not make it through the Senate and would be vetoed by the President, yet he wastes time trying to push it through the House. Maybe he needs to be more productive and actually work WITH the Presient. I see stories where they almost have an agreement or they are pretty much there and then Boehner comes back the next day with something totally different or something acceptable only to the tea potty people. A REAL leader would have gotten his people to make the compromises necessary to get the job done for the people they represent. Boehner "leads" the least productive Congress in decades.

  • 2 votes
Reply#6 - Thu Dec 20, 2012 12:02 PM EST

Oh heck guys, how is Obama going to pay for Progressive Investments without going over the cliff, then blaming conservatives?

The politicos in DC are not going to be around during the holidays; the President is going to HI.

It's either all political drama, the Obama highway for higher taxation, or a massive end-of-year deal to appease the masses.

  • 1 vote
#6.1 - Thu Dec 20, 2012 3:57 PM EST
Reply

"Bonehead Boehner" does not like to 'compromise' at all. His so-called Plan B is really the "Richie Rich Ryan" Economic Plan. The GOP/Teabegger Elephants are now running towards the 'fiscal cliff.' Again! The GOP/Teabeggers are wasting time, energy, and money of our nation over his so-called Plan B. This morning our nation heard from the biggest Teabegger of all. That would be "Crazy Cantor!" Yes America! He is still politically dancing on the Hill with rotten tea bags hanging from his ears. The "Teabegger Congress" must be held accountable for their continued "Crazy Conservative Crap." Hey! Hey! Ho! Ho! The Party of NO has got to go! Get the vote out for 2014 America! For now is not the time to take a political nap. Call or write your representatives to let them know what you think.

    Reply#7 - Thu Dec 20, 2012 12:16 PM EST

    lukewarm

    Here's the liberal "plan".

    First, scare everyone that we are in the worst financial crisis since the Great Depression. Then open the spending and borrowing floodgates to push our country towards bankruptcy.

    Second, test the Constitution and the power of the President by using executive order to appoint liberals to posts and circumvent our immigration laws.

    Third, blame everything on the rich, Wall Street and Capitalism. Introduce people to Socialism, slow and easy while making Capitalism look like a disaster.

    Fourth, steal an election by demonizing your opponent rather than telling the truth about where you want to take the country.

    Fifth, raise taxes on the small business employers and make them out to be the bad guy for laying people off.

    Sixth, take guns away from citizens so they can't fight back when we get to the seventh goal.

    Seventh, now that we have a defenseless citizenry, rip up the Constitution by telling everyone it's a "living, breathing document" and begin to transform the United States into Socialism where the government, not the people, control everything.

    • 1
    • !

    #2003 - Wed Dec 19, 2012 8:06 PM CST

    leftward bound

    fear and smear... are tea billy characteristics ... nice spin of misinformation

    What luke warm Has stated is right, if you remember correctly, in 2008 candidate Barack Obama projected his vision a bit and the words he stated went un heeded by many who decided to elect him anyway.

    {We are going to fundamentally change america} "hope & change" "Yes we can"

    When he said fundamentally change America, did anyone have an idea of how radical that change was going to be? If not, you should have been. Your next clue should have been when he stated, “We will change America, we will change the world” Arrogance? Maybe, but also someone with an agenda that does not include keeping America the way we know it. Or how about when he said, “We are not a Christian nation.” Did any of these statements not bother the American people and if it they did not, why?

    America has become Numb and unfeeling to the reality of life. Many are living in fantasy of the moment ideology, Where you can spend all your money, and then spend someone else s money when it comes time to pay it back---> you don't have too, you just keep spending.

    As long as, "If it feels good do it", anyway... Just one or two examples would be, first: "the anus" designed as a exit ONLY... However as time progresses it is glorified more and more ass a portal of pleasure. Completely ignoring its original function as exit only, Butt, If it feels good do it...

    The same thing is applicable, to using Abortion as a form of Birth control... let's have sexual intercourse there is no accountability if you get pregnant and you do not want the consequences then abort it...

    "IF IT FEELS GOOD DO IT"

    un protected sex " dont worry about disease or sickness "IF IT FEELS GOOD DO IT"

    Anal sex "IF IT FEELS GOOD DO IT" Driving a car at 120 mph in a school zone "IF IT FEELS GOOD DO IT"

    Flying a jet airliner into a building "IF IT FEELS GOOD DO IT"

    Killing a border agent "IF IT FEELS GOOD DO IT"

    Watching porn"IF IT FEELS GOOD DO IT"

    Beating your wife "IF IT FEELS GOOD DO IT"

    Killing Yourself "IF IT FEELS GOOD DO IT"

    Culturally, We have side stepped our Original path, and have been in uncharted territory for some time now. As we progress further into the abyss of depravity the appalling in-differences we subject ourselves too will be starkly more and more shocking. However, 4ward -------->ho

    "Get Used Too It"

    • 1 vote
    Reply#8 - Thu Dec 20, 2012 1:03 PM EST

    Are we there yet?

    The sooner we hit bottom after going off the cliff the better.

    The fiscal cliff was driven off of a long time ago, were already in freefall just waiting to hit bottom...

    Can not wait for the sudden stop, the screaming from the leaches will be loud enough to break glass when the Government has to stop their monthly sty-pens, lol...

    Were borrowing 46 cents of every dollar we spend right now boys & girls ... how long can we keep that up?

    /./././. crickets :0) jiffy pop

    btw what will be the next catchy phrase or name for it when we have another perceived crisis to talk an listen to the lame stream lap dog media about ???

    all this bovine excrement is boring let the govt raise taxes on everyboby let the spending cut go on as planned let the chip fall where they may......

    • 2 votes
    Reply#9 - Thu Dec 20, 2012 1:05 PM EST
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