
J. Scott Applewhite / AP
Senate Minority Leader Mitch McConnell of Kentucky, center, arrives at his office in the Capitol as he and Senate Majority Leader Harry Reid of Nevada, try to negotiate a legislative solution to avoid the so-called "fiscal cliff" in Washington, Sunday, Dec. 30, 2012.
After a day of talks that were expected to yield some sort of compromise on the so-called fiscal cliff, Senate leaders called off any further votes until Monday morning, just hours before the deadline that will trigger across-the-board tax increases and dramatic cuts in military and domestic spending.
The Senate will meet again on New Year's Eve, the last full day before the "cliff" takes effect on Jan. 1. Negotiations were expected to continue in the meanwhile.
A day of wrangling in the Senate came and went without an accord to avoid the fiscal cliff, leaving lawmakers just a matter of hours to sort through thorny issues of taxes and spending that have beguiled Congress for the better part of the past two years.
Significant distance remains between the two sides and negotiations continue, although the clock continues to tick. Even a simple deal appears far from certain.
Six proposals for avoiding the fiscal cliff have shuttled between Democrats and Republicans as they debate how government money should be used. NBC's Kelly O'Donnell reports.
"There is still time left to reach an agreement, and we intend to continue negotiations," Senate Majority Leader Harry Reid, D-Nev., announced early Sunday evening. "We're going to come in at 11 a.m. tomorrow morning. We'll have further announcements, perhaps, at 11 in the morning. I certainly hope so."
As the Senate struggles to reach an agreement, House members — who were back in Washington on Sunday — were left awaiting any potential legislation from the upper chamber.
Reid and Senate GOP Leader Mitch McConnell had been tasked by President Barack Obama with developing a bare-bones deal to stave off the automatic tax hikes following the expiration of the 2001 Bush tax cuts at the end of the day on Monday.
But discussions between the leaders and their staff failed to produce an agreement. Democrats said that a main hangup involved what's known as "chained CPI," a re-calculation of how Social Security benefits grow in outlying years. Democrats regard that proposal, which Obama had previously offered to Republicans in the context of a broader bargain, as a "poison pill" if included in these last-ditch efforts.
The impasse prompted McConnell to reach out to Vice President Joe Biden, a former senator who's previously helped navigate congressional standoffs, in hopes of jump-starting negotiations. Biden was at the White House on Sunday afternoon.
But after each leader huddled with his respective party on Sunday, there were few indications of the type of breakthrough needed to end the stalemate in the Senate. Republicans, though, did appear to relent on any demand to include chained CPI in a final deal (though GOP officials denied they had ever seriously proposed it in the first place).
CNBC's John Harwood says that those who stand to benefit the most from a fiscal cliff deal are the two million Americans who would lose extended unemployment benefits of $300 a month if there is no deal.
"We have as a conference have come out and said, if that's a show-stopper for the majority leader, we take that off the table," New Hampshire Sen. Kelly Ayotte said following the meeting with fellow Republicans.
The breakdown in negotiations sets the stage for one of the most dramatic days of political deal-making on Monday, the final day of 2012 and just three days before the next Congress — which won't affect control of either chamber but is slightly more Democratic — is sworn into office on Jan. 3.
House Speaker John Boehner, R-Ohio, had recalled House members to Washington for a series of rare weekend evening votes on Sunday. Those lawmakers had conceivably been asked to return to vote on whatever agreement Senate leaders might be able to forge. But absent any legislation, which would not come before Monday morning, House members' presence was largely superfluous.
Obama had asked Reid to prepare a vote on fallback legislation to preserve tax rates on income under $250,000 and extend expiring unemployment benefits in case Senate talks fell through. Democrats showed no signs of backing off that intention, though it is unclear whether Boehner would allow that legislation to even come to a vote in the House.
The President has repeatedly blamed Republicans for the fiscal cliff stalemate -- and he doubled down on that criticism during an exclusive interview with David Gregory. NBC's Kristen Welker has more.
"Now the pressure's on Congress to produce," Obama said in an interview on NBC's "Meet the Press," which aired Sunday.
The hold-up on Capitol Hill appeared, though, to involve several unresolved issues. First, lawmakers must reach an agreement on the threshold of income beneath which current tax rates would be extended. Second, they must resolve what elements of spending — unemployment benefits, for instance — or commensurate cuts (to offset the cancellation of the automatic spending cuts, known as the sequester) to include in a final package.
"The biggest obstacle we face is that President Obama and Majority Leader Reid continue to insist on new taxes that will be used to fund more new spending, not for meaningful deficit reduction," Sen. Jeff Sessions, R-Ala., Republicans' budget chief, said in a statement.
NBC's Frank Thorp contributed reporting.


OH MY!
How did I get the first comment again, conspiracy theorists... UNITE! LMAO!
Happy New Year Dear Feisty.....
........but on a more serious note....you're gonna' be in trrooubblle!....That's Trouble with a Capital "T".......We got Trouble!...always first kinda' TROUBLE!....
Damn gremlins ate my edit! GRRRR!
Tomorrow will be a most interesting day, let's see if the greedy white bastards have enough balls to put the President plan on the table for a straight up and down vote! lol
What are THEY so afraid of? Isn't that democracy at work?
Thank YOU Mr. President for "CHECK MATING" these worthless bums!
Let them ALL go on record for voting AGAINST tax-cuts for the middle class...
Same to you darling!
The champagne is chilling, the shrimp are on ice and waiting for the @!$%# show to begin! ;o)
No worry. Have at it since your first comment is as worthless as all your others. Have a Happy New Years.
The mods email folders are filled to capacity because of you, Feisty! These folks don't take kindly to being ignored ;) They'll want a delay of ten minutes on all of your posts so they can catch up. LMAO!
Tony,
I find nothing more funny than all their bull@!$%# theories!
If nothing else, the right wing trolls are good for a chuckle or two... at times! lol
Poor things!
Yea, they keep me hanging around. I was thinking of bowing out after the election, but decided to stay because I see they haven't changed one bit after getting their a$$es handed to them. Oh well, good fun anyway. Happy New Year to you and yours.
They won't since they like to legislate in the dark, behind closed doors. My concern about this whole 'cliff' thingy waned long ago.
Fortunately, everyone knows what they are, and how they operate. Ony their rabid ignorant base supports their actions which are against them....but they don't care, or they don't understand.
Ignorance is celebrated in TeaPeople World!
Reid has sat on this since August. It is all his and the Democrats fault. The middle class is being tee'd up to get screwed....compliments of Obama. Let the crushing begin!
Hey T-Con,
Go tell the House GOP to do right by their constituents.
Because you are Owebamas chief ball washer Feisty.
"House members' presence was largely superfluous"
When, during the past 2 years, wasn't that the case?
"The biggest road block is that democrats demand more taxes..." LOL. You forgot to mention the overwhelming American support for that position that helped get Obama re-elected and democratic gains in both the senate and house. Those pesky little Americans telling you to do things... Always a road block for you, Sessions. You're a trooper. Stick it to America.... uh... I mean the democrats.
Nobody wants any deal. this is all smoke and mirrors, so that the bush tax cuts that all liberal hated since day one has been in place longer in obama's term than in bush's. now cant live without it...
There will be NO deal, taxes will go up for all then they will pass a watered down version disguised as a big tax cut. when all they will do is give you back what you already have and YOU idiots will think that they passed the best deal for the middle class ever and the chosen one guided them to do it !
This president needs to lead and stop complaining. time to grow up Mr. President "YOUR NOT IN THE SENATE ANYMORE NOW YOU HAVE TO DO SOMETHING"
Hey nvpat: Same goes for that budget the dems have yet to pass, huh? C'mon admit you are calling the kettle black.
In 2010 more Conservatives were voted into office than has been seen in 70 years, those very same Conservatives plus some were voted back in November. Not a single one campaigned on raising their constituents taxes, right?
Thank GOD for Conservatives. Someone has to stop all of the spending, borrowing and trillion dollar deficits. But you have zero to say about that cause you are a kool aid drinker. You can actually do your part and pay more taxes come January. Your better off than other Americans, so you pony up some more and help out your president and the cause.
Hypocrite!!
The federal level dipsticks on both sides of the aisle and in the symbol house do not want to solve any problems or they would do so. Thankfully this is divided government and thank goodness that many states have real leaders and not the anti-leader bully brat thug fools from within the Beltway. Hopefully the adults out in the states will be able to somewhat work around the dipsticks inside the Beltway and keep the trains moving for the common man and woman, even though trains running badly behind schedule will be the status quo for now and for many years to come. The blame for this mess lies clearly with both the Democrats and the Republicans inside the Beltway. It is astonishing that over 300 million of us Americans are allowing 537 dipsticks inside the Beltway to mess everything up for the rest of us. Go figure. Our forefathers are rolling over in their graves; they gave us a republic that was worth something and we could not keep it. Other nations around the globe are looking at Amerika tonight with a combination of amusement and disgust, though not in equal measures.
Why can't the republicans get it into their thick, neanderthal skulls (oh, wait, forgive me - they don't believe in that - they believe that their god made us all the same 6,000 years ago, but you get my point), that catering to allowing the 1% who've created this Great Depression II to keep and get more money at the expense of the 99% isn't going to garner them more votes?
End this now. Keep and expand the tax cuts for the 99%. Keep and expand tax increases for the 1%. When that happens, this country will prosper and the republicans might garnish maybe, oh, three or four more of their kind in Congress.
Nothing is getting passed w/out meaningful budget cuts. The day of reckoning is here and the Tea Party centric reepubs understand that we need to take action on the out of control spending. If it means voting against reduced taxes to get meaningful spending reforms in place, then so be it.
The adults need to handle this. I do not want to leave the mess created over the last six years to be passed onto my kids. Hang onto your hats, middle class. The ride is going to be rough for you but in the long run you will thank the Tea Party.
Best of luck.
fiesty red head, 1st you must get a job, 2 nd dont stay on your pc all fringin day. ALSO YOU SOUND LIKE YOU COULDNT AFFORD CHAMPANE OR SHRIMP
The children of the gop need to remember what we the people pay them for, the hate they have for as they say "that black man in the white house" needs to take a back seat for the good of the country. Tney need to put their bay prejeduces to the side get get the deal done. people making a million or more dont need lopoles, tax cuts a gifts from OUR government. leave middle class disabled, the poor alone. The deal Obama put forth makes sense and is fair, the middle class CANT again carry the brunt of this mess as they ALWAYS have dont in the past. TAKE THE FAIR DREAL CHILDREN. Stop this childish nonsense and remember the presidents deal is fair and good. It's lke bringing up a baby all over again DAMN!!!
Don't any of you understand? This isn't about the tea party or the liberals. Both sides benefit from the fiscal cliff. The Democrats get to see the Bush tax cuts expire, which Obama has wanted since 2008. For their part the Republicans get to sidestep the Norquist tax pledge.
The good thing about the "cliff" is that the "can" does not get kicked down the road. All parties are being forced to accept that we cannot continue on this fiscal path, and the posturing by both sides gives them an out.
Jerry,
when you get out of high school I suggest you take an economics 101 course. You may also want to take a remedial math course as increasing taxes on the 2% will mean nothing in terms of solving the spending problem, nor have any meaningful positive econimic impact.
I understand that you may be envious of those that are more financially successful than you. I also understand that it may make you feel better if you increase taxes on the people that already pay the majority of the taxes, but the fact remains that a simple increase on "the rich" will solve nothing. Take it from somebody in the 1%, what Obama is preaching is going to screw those that are in the 99%.....it has already begun.
Best of luck.
You heard your President. Now get off your BUTTS and get this deal done. NOW!
Obama* said that he "wants new taxes to fund new spending". Not to cut the deficit. that should tell you Democrats something. if you voted for Obama* you got new taxes and you are going to get New taxes. Where is the conspiracy? Oh, in the lying democratic Party.
You can fool some of the people all of the time, And they are all Democrats.
"President Obama and Majority Leader Reid continue to insist on new taxes that will be used to fund more new spending, not for meaningful deficit reduction"
Still being in Denial does not help either.
Fisty had to come to the rescue of the anointed one. It is what she does. Very rarely do you see a comment from her on Sunday as the hangovers usually last well into Monday morning. Only if First Read posts. Now, she must be scanning the stories for anything Obama to defend.
AmericanCitizen, you lost, grow up, get over it.
I kept it short with small words, just for you :-)
Hillary in hospital with fake blood clot. Next comes memory loss so she can't testify in Benghazi hearings. Tough card to play because even temporary memory loss and/or brain injury disqualifies any one from the highest office in the land.
All about posturing, "gee, Ma, look what I did!" If you think the deal hasn't been made yet (including driving over the mythical cliff), you're just kidding yourself. These "bone"-heads will manage to protect the rich, and still come out smelling like a rose.
there is no deficit reduction on the table, there is no possibility of a deal without deficit reduction, Obama is treating to stop all social security and medicare payments to those greedy entitlement persons who have paid all their lives into the fund; the party's are so far apart, that a last minute deal is impossible, both party's have dug in their heels, their is no compromise on the agenda.
Ben636050: And your comment has to do with the fiscal cliff in what type of form or shape? Oh... I know, when you don't have a response just deflect the blame... typical redumblican...
And please... don't start with the idiotic rant of 4 people dead in Benghazi... you kept your yap closed when we lost 4132 servicemen in Iraq for a lie, so do the right thing and STFU...
Steve-2472046
You are an Arse....
Don't you know the race card died along time ago. It has become the Joker in the deck of cards.
What DEAL has he put forth... Raise Taxes and then the debt? Where is the CUTTING SPENDING part of the deal... Also I have looked everywhere for this Deal and cannot find anything on it except what obama and reid say about it... Nothing in writing.
The only people who will benefit from going off the cliff will be the rich who will snap up undervalued assets during the forthcoming recession.
It is funny to see that Democrat liberals only comment on here to call people names and not to face the true facts.
I.E. "President Obama and Majority Leader Reid continue to insist on new taxes that will be used to fund more new spending, not for meaningful deficit reduction".
4 more years of more new spending and new taxes to fund whatever their Pork Barrel projects are.
And 4 more years of lies.
Silly republicans - it's funny watching them flushing themselves down the toilet. If you'd have told me six months ago that they'd be appealing to Biden for help, I'd have donated money to help them.
@justiceforall -- any comment on the first post of this string? Go play blog patrol somewhere else.
White bastards" ? Don't you worries' us whittees l gets yous yo wrlfar checks ther honey due
that idiot bush, even though he's no longer president, still manages to screw up this country. he's a long lingering poison on this country. happy new year feisty and the gang.
Their is no way anything is going to pass, thanks to the Teaparty, and whats more frightening is the debt ceiling, and they will hold this country hostage, repeat of 2011 again.
When are you people are the left going wake up, this is not a game, this will not only hurts millions of people but our economy, our country, and you people talk about be so patriotic, what a bunch of crap!!
Do you really think Obama wants a deal, if he got a deal he would have no one to blame. He can't use Bush that was the first four years. Obama would have to stand up and say it my fault for the first time since 2008. Look he's trying hard not got get his finger prints on the deal, today he sends in bite me, if he fails all he has left is Sean Rice you know how well she lies. Bottom line is Obama is a coward to lead this country. If you don't like it sue me until Obama takes it away I'll use my free speech the way I want.
What a bunch of self serving, greedy ideologues politicians are. Hollywood can't compete with this melodrama. Now, they're reach some 11th hour agreement to get us past the 1st, then it will be Bulls**t as usual about May. All this from people who are supposed to be our employees. If I had employees like these I'd fire the lot of them and hire new ones. They're personal beliefs should take a back seat to doing OUR business. Let the revolution begin. Oh wait, to many who think their owed everything, never happen.
Hillary has a clot. G Damn RWNJs accused her of faking.
God's Speed Hillary. Get well soon.
To Obama and Congress, A history lesson on progress and success.....
"Coming together is a beginning,
keeping together is progress,
working together is success."
~ HENRY FORD
No compromise means nothing to be achieved in this critical matter. Both parties need to learn to compromise.
.
For example, if Mitch McChicken's father was too proud to love McChicken's mother, and if McChicken's mother was too proud a self-proclaimed princess, then there would be no compromise, then there would have never been Mitch McConnell, ... well.. then we are better off today. Sorry, not the best example.
.
But the point about compromise is clear.
The politicians with backbone who can solve this problem can't do so because the whiny voters won't re-elect them .
Its up to us Americans to either be willing to cut back a little on our "something for nothing" mentality now or face "nothing for everyone" in a few years.
If the money to be collected from the top 2% is such an insignificant sum as many here proclaim then why fight so hard against it, if it is just the pocket change you claim it is, then let them pay it, why blow the whole deal over what you claim is really just chicken feed?
They will lose much more than the tiny bit of tax money you claim it will generate and are trying to protect them from paying as the markets drop. Very nice of you to watch your own 401K's tank to protect the wealthiest of Americans from losing what you claim amounts to pocket change. I got to tell you republicans, you got some damn goofy ideas.
What a total screw up Congress and the Senate have become. Since when did putting personal beliefs or party come before the people who put you in office? Oops I guess that was just after people like Koch and Nordquist thought they could buy the presidential elections lol.
Well guess what GOP and TP your guy lost and you lost seats in both houses too so get up off your lazy well paid for ass*s and work for true Americans and not your paymasters or look forward to losing your office in 2014
Granted, it is just a fantasy and nothing I'd ever do, but . . .
Can we pass a law where they get chained in the building, taught to play nice and get along like kids in school have to do, and not let them out until they reach a deal?
Just a fantasy . . . nothing to act on . . . . I mean in a perfect world, this would never happen, right?
It would never happen because they would act like reasonable, sane adults who care about this country and do their jobs, right?
forest grump --- #1.44 best comment i've heard in a long time! btw our congress is the best money can buy.
This is what I don't understand. If the negotiations between McConnell and Reed are what the fiscal cliff will offer then what's the big deal of going off it? Except for middle class tax cuts, but if you tax the middle class that will hurt small businesses, guaranteed. I don't understand why Republicans won't sign off on middle class tax cuts if their strong proponents of small businesses. If we go off the cliff taxes go up for everyone, especially for the rich and Republicans will object to that anyways. Now on to spending: We need to cut spending, and reduce the size of our military. I would cut SS and Medicare and cut out welfare. Raising taxes and cutting spending which should all be targeted is all important to reducing our deficit.
Soon, very soon, we will go over a fiscal cliff now.
YEEHAW! I cannot wait for everyone here to end up paying actual dollars out of their pocket for electing politicians who do not negotiate!
Nothing will make me happier than seeing a one-party voter fork cash in hand over because they couldn't be bothered to think negotiating was a good idea. All the money I lose will be well worth it. Because I'll watch them have to come up with an even better excuse as to why making themselves lose money was a good idea.
Extremists who vote only one party need to jump in the ocean and stay there. Until then, hit em in the wallet!
First comment--3 generations of "affirmative, me first" action. 1st in line for welfare
Not to change the subject but "Feisty Red"......
How do you keep getting top posts?
You're aware that first post is usually reserved for Piggy dont you?
The sad thing is that this really isn't about ideology. The Repubs don't really care about a 3 percentage point tax hike for the rich, all that they care about is political brinkmanship and their re-election prospects if seen to be cooperating with the democrats in any way, shape or form.
Mitch McClownell is a traitor to the U.S.A.
7minutes --- maybe she's just sharper than you! quicker on the uptake? brighter bulb etc? just poking a little fun.
I love how John Boehner and his cronies make Social Security and Medicare equal to welfare. I have been paying into these programs for thirty five years and now that I am getting close they want to take it away. Of course they don't care because they all have a fantastic retirement plan as public servants. If I had the money I had paid in and had invested it I would be just like them and not need to have Social Security or Medicare. Thanks John and your good ole boys for messing up the New Year before it even gets here!
Feisty, at the risk of bringing down your wrath on me, I would like to say that although I don't agree with your ideology, I get a kick out of your witty/cutting remarks.
Here's an idea I would like to kick around. Instead of all this blaming, which I truly believe there's enough to go around on both side, what do you all thinks about this?
Find and eliminate waste, fraud, and abuse in government spending. The deficit could be reduced significantly or eliminated altogether without impacting services or benefits. Also, tax the rich (maybe another 2% on 250,000) place a bottom on the EIC (when you get to zero, no rebate) and maybe a minimum 1 or 2 % on those that pay nothing (low incomes, ie. $30,000 pays $300 to $600 per year 25 to $50 per month is not a lot to ask). This way, expenditures go down, revenue increases, and everyone has a little skin in the game. After all we ARE all in this together.
P.S.
Keep in mind, if the country goes bankrupt, there won't be anything left for anyone.
Apologies for the font thing. I don't know what I clicked on...
Feisty let out a few months back that "she" ain't a "she"
@mrpotatohead...
"Homo habilis discovering his opposable thumbs says what?"
.....Just poking little fun back at ya :)
All the idiot dumocraps have to do is agree to SPENDING CUTS and they will have a deal. Why no cuts?? How do you reduce the deficit by spending MORE????
sure doesn't do any good to call names, we're good enough at that already. good enough also at just voting no. requires the doing of no homework. too bad we can't just have a quick election when nothing gets done.
7minutes --- a happy new year to you!
Boehner, this is for you:
http://www.youtube.com/watch?v=JlSQAZEp3PA
http://www.youtube.com/watch?v=wxrWz9XVvls
Over the cliff we go!
2 million Americans will lose unemployment benefits; but RepubliCons are willing to sacrifice these people's survival so that GOP's rich donors would avoid their fair share of taxes and can buy extra cans of caviar.
usa1967,
Oh, that's all? Tell the dumbocraps to cut spending? I'm sure no one has thought of that. Let me call my Congressman to get it all cleared up.
mrpotatohead - Thanks, lets hope so. Best wishes to you and yours this coming year!
TJC,
BTW, EIC doesn't pay unless you make some money. That's why it's called the Earned income tax credit.
This is what will likely happen, and then we'll go off the curb. I can only guess that McConnell is smiling in the photo above, because this is what the Teapublicans want -- Perhaps because they think the unemployed and kids on food stamps will be forgotten by 2014, but their Plutocrat donors will still be at their side?
When the new congress comes in, some of the rules for the filibuster are likely to be reinstated. If so, do Teapubicans think they can pule another debt ceiling fiasco? I can't imagine they would try to block tax cuts for folks with incomes under $250K, unless they try to hold this hostage in some way, again.
Maybe they just want the Bush tax cuts to expire, but didn't want to have to go on record with votes -- I don't trust them and suspect they are up to their usual shenanigans... watch your backs Dems...
Pigotry,
I'm approciating your name and the explanation you gave once of its origin more and more.
Hey, SmBusOwnerinNY
U R right.
Yes, EITC (Earned income tax credit) was Reagan's handiwork designed to encourage the working poor to work to support themselves. The whole reason was that capitalist pigs didn't pay a living wage, giving no inentives for the poor to work. So Reagan gave blessings to this EITC program so that when capitalist pigs still didn't pay enough, the government would gave money to the working poor to keep working. When the poor earn more with more experience, the EITC pays less.
How about any shortfalls in SS or medicare be made up directly out of the defense budget. If a nation cannot even take care of it's old and sick then just what the hell is the military protecting.
ForrestGump, good post.
However, it is a 2 way sword. If the amount is so insignificant why is there such a big fight FOR it. You see, they have us arguing and bickering about who's fault it is and meanwhile, nothing SIGNIFICANT is getting done. Both sides are to blame and one no less than the other.
I think we could all agree on the simple mathematics of it. You can't spend more than you bring in. Unless there is real change at the federal (spending) level, we are all doomed. As I said earlier, if the country goes belly up, there won't be anything left for anyone. The problem is finding a solution.
I say find and eliminate the waste, fraud, and abuse. Someone will have to admit it exists, which they won't.
Feisty -- although I enjoy reading many of your posts, I must point out that your #1.2 post is racist ("the greedy white bastards"). Why did you go there? I'm not going to go all Joe Albany on you with criticism, but I think you need a little introspection. Racism is a two-way street, and stoking the fire from either side does not help. Maybe somebody else has already pointed this out; I'm not sure, because I have a lot of people on ignore.
Feisty, I know you're better than a common troll. Please don't do that again. Okay?
Forrest is right on the logic: if the righty's say it's nothing, they what so bad about paying nothing?
But, the reality is that it is NOT nothing. Close to a $Trillion in 10 years is still a $Trillion. That Non-partisan Congressional Study shows taxes on upper income does not affect job creation, so let's do it.
SmBusOwner,
Thanks, but I'm well aware of what the EIC is. I know where you are going with that, but my point is everyone (or as many as possible) should have skin in the game (aka -paying their fair share) and contribute to a government that is failing financially.
Some of the GOP leaders (McChicken and Boner) are greedy PIGS who are full of pignorance. They have kept the entire nation (even the entire world economy) hostage just to protect their campaign donors from paying their fair share of taxes. Justice and fairness mean nothing to these pignorant RepubliCON leaders.
My apologies to Joe in Albany. I only mentioned you as an example because you often disagree with Feisty.
Pigotry,
Some righty literally started yelling at me (CAPS!!!) earlier today, calling me a COMMUNIST!!!!! because I told him the country decided for him what his tax rate is going to be.
I'd call that "representative democracy," but you know......
I said he and his lot were "Unpatriotic Republican swine.... Only give a sh!t about yourself, not your country."
I think he crapped his pants. He definitely went ballistic. I'm glad I wasn't in firing range.
tjc123 -- I agree everyone should have skin in the game. I'd rather see the minimum wage indexed to inflation, equal pay for equal work, etc. then the child tax credit and other write-offs that allow so many to pay zero income taxes. If people were paid decent wages, and those wages were taxed, we wouldn't be lacking revenue. But until the economy recovers, tax breaks for the rich need to be eliminated first.
Excellent!
Bitchy red Head and fat ass piggy are going to lose there food stamps and un-enjoyment hand out's so please do something now.
There isn't a room big enough in the world to hold the egos in congress.
TJC,
Everybody's in the game. Sales tax, excise taxes like gas tax, property tax, school tax, SS tax, MC tax. If you're lucky enough to make enough money, you pay State and Federal Income tax. Even if you make $6,000 a year, you're paying tax directly or indirectly to all but the income taxes. Nobody pays nothing.
Payroll taxes collected are more than income taxes, I think.
You mean the ego in the White House.
Feisty, I honesty believe you would sell your soul to the devil all in the name of "principled" partisanship.
Whatever rocks you.
Blind, misdirected loyalty and $1.50 will get you a cup of coffee.
1965,
Anger management is through door number one.
Spellin' an punctiation is throo door number too!
Forrest Gump said:
Well said! It is better we take care of our poor, old and sick and close a few unneeded foreign bases and end a war or two. We can also stop giving foreign aid to countries who hate us.
SBO in NY,
Point taken.
However, half of those are state and local taxes and not going to the feds. SSI and Medicare are entitlement that most of us will get back (if we are lucky and they are still solvent). The excise taxes, like gas and such do impact the poor disproportionately. I also agree that the rich have an obligation to pay more (how's that for a righty).
TruPat, there is also a flip side to that. When the minimum wage goes up, smaller businesses tend to hire even less. This hurts the poor and minorities the most.
I'm not looking to argue with you guys, as I feel there are good arguments (and bad) on both sides. I truly believe we have been tricked into these petty arguments while the larger problem has been ignored (by we the people).
You can't spend more than you bring in. And, the federal government is chock full of waste, fraud, and abuse. From the military, to Social Security, to HUD to... Well, you get the picture.
If these things are just 5% of the budget (I think more like 20 - 25%) than that is over 200 billion a year. More than twice the amount being FOUGHT over today. Or to put it in a politician's terms $2 trillion dollars over 10 years.
Please see my post #1.55
My hunch is a deal is almost done; they will come back tomorrow (new year's eve) to finalize it...but I think the deal is not a 'grand bargain' but just a bare minimum of a deal to keep the country from going off the cliff ...only temporarily, then to set the stage for more fights in the near future. Then maybe, just maybe more fights...more debates...can clear things up to reach some consensus for a bigger deal. They will improvise ... slowly getting it done, otherwise...there is nothing else to do ...they also love all the attention they are getting for the whole saga; they want more.
rgsdca1965
Bitchy red Head and fat ass piggy are going to lose there food stamps and un-enjoyment hand out's so please do something now.
Typical right wing vile bull@!$%#, "I got mine, @!$%# you", you drooling right wing cretin, i really wish the Govt, would re-open the mental hospitals. Until then go back to the sewer where you belong, slime-ball.
Yes. But...(there's always a but), in regard to the basic premise of fairness, tax credits are a redistribution of wealth based on a particular behavior--with questionable benefits. Home owners versus renters, married couples versus singles, families versus folks without children are all religious-Right rewards, no?
I understand a progressive rate and why flat taxes are not fair -- It is the same as sales tax that impact the poor the more than the rich. We need sales tax and property tax in the mix to force income tax evaders to pay something. But tax credits for only certain groups seems contrary to fairness.
I disagree on that one. In areas where the minimum wage is a living wage, this myth is not born out. If you believe in demand-side economics (supply AND demand per economics 101) it is a choice of a tide that lifts all boats versus a Race to the Bottom mentality. When people earn more, there is more demand, when there is more demand, there is more business, when there is more business, there is more hiring.
We are now in a global economy true, but with incentives to keep jobs here and making goods in the USA, much of that can be overcome. At first it is hard because companies are mobile but labor is not -- still, it catches up and the companies move again.
In the domestic market, since there is always some arsehole who tries to undercut competition at labors expense, we need the minimum wage indexed to inflation. This puts all companies on a level playing field.
Forrest Grump 2.0---- Why do the liberals like you wine about the people who died in Iraq and you have no intention of ever going there. But if you wish to compare all of those people were serving their country it is just that four of them were abandoned in a political move to prevent a bigger problem if they had sent in more to rescue them and it had gone bad, the bad rescue would have hurt the incumbents chances. The people in Iraq at least had a fighting chance and support, the people in Benghazi did not.
There is no agreement because the Dems never wanted one, someone asked if it is only such a small amount on the 2 percent why are they fighting? Good question why are the Dems fighting so hard. I know because it is about spending not savings. Is that clear enough to the liberal boneheads. Last time I heard about saving the middle class my taxes went up. I am directly in the middle of the middle class.
They should have been back to work the day after Christmas. Compromise or lose your job, that is what every American should be sending their elected officials. Why can't we get them fired if they do not do their job? There should be a way for the people to put them all on the spot and force them to vote the way we want them to. They have not listened to us for the past 4-6 years. Send a message. Let them know that we are fed up with this garbage directly instead of sitting here on the media pages. The media could give a rats a__. They are the rich ones.
Did this gossip column ever start out on a wierd note? (comment 1.1) What did that person say? (I don't want to try to identify gender as that is sure to start a fight.)
Well, Barack Obama lovers unite! It looks like the president is getting along worse with "his" Democratic Party than with the Republican Party at this time! How can that be?? And for those of you who really love him, what kind of new taxes are you ready to pay to him (the king) and at what kind of percentage????
To the people posting here who have a naive belief that budget cutting and surpluses are always good for the economy.
Many times they are NOT.
The politicians (Republican and Democrat) and corporate media play on people's ignorance of economic history in order to scam them into accepting the argument that we just HAVE to cut Social Security, Medicare, etc. because it will make the economy better and create jobs.
In fact, as fairly old and also recent history shows this is not usually the case.
In Europe the EU, IMF and ECB have been forcing governments to cut spending for the last 5-6 years and many countries there are in recession, projected to go into recession soon and for some are in DEPRESSION NOW.
Here's some information about budget surplus history in the U.S.:
DETAILS
U.S. President
Calvin Coolidge
Compare Calvin Coolidge Administration Federal Budget
Year
1928
Total Receipts ($)
3,900,000,000
Total Outlays ($)
2,961,000,000
Total Surplus Or Deficit ($)
939,000,000 [Surplus]
http://federal-budget.findthedata.org/l/30/1928
Wall Street Crash of 1929
From Wikipedia, the free encyclopedia
The Wall Street Crash of 1929, also known as the Great Crash and the Stock Market Crash of 1929, began in late October 1929 and was the most devastating stock market crash in the history of the United States, when taking into consideration the full extent and duration of its fallout.[1] The crash signaled the beginning of the 10-year Great Depression that affected all Western industrialized countries[2] and did not end in the United States until the onset of American mobilization for World War II at the end of 1941…
http://en.wikipedia.org/wiki/Wall_Street_Crash_of_1929
President Clinton announces another record budget surplus
September 27, 2000
President Clinton announced Wednesday that the federal budget surplus for fiscal year 2000 amounted to at least $230 billion, making it the largest in U.S. history and topping last year's record surplus of $122.7 billion."This represents the largest one-year debt reduction in the history of the United States," Clinton said Wednesday morning. "Like our American athletes in Sydney, we've been breaking records and have come a long way."In June, the administration predicted the surplus would be $211 billion, and would increase by as much as $1 trillion over the next 10 years.Clinton also announced the federal government paid down the national debt by $223 billion this year, and by more than $360 billion since 1998, the largest debt reduction in U.S. history…
http://articles.cnn.com/2000-09-27/politics/clinton.surplus_1_budget-surplus-national-debt-fiscal-discipline?_s=PM:ALLPOLITICS
November 26, 2001: 1:58 p.m. ET
Economists call it recession
NEW YORK (CNN/Money) - The world's largest economy sank into a recession in March, ending 10 years of growth that was the longest expansion on record in the United States, a group of economists that dates U.S. business cycles said Monday…
http://money.cnn.com/2001/11/26/economy/recession/
Article below was written in 1998:
Think big deficits cause recessions?
Think again!
BY
FREDERICK C. THAYER
The chairman of the Republican National Committee predicts that a recession is on the way, blaming the usual suspects - deficits, regulations and taxes. His prediction is probably correct, but his reasoning is not. The culprit is very probably the recent reductions in the federal deficit as a percentage of Gross Domestic Product. The record of history is totally at odds with economic principles and textbooks.
The annual deficit (spending minus revenues) has dropped from 4.9 to 2.3 percent of GDP since 1992.
This is the same pattern that immediately preceded the recession of 1990-91 that became a campaign issue in 1992.
The "recovery" that had begun in 1991 was not all that evident by mid-1992. Indeed, the beginning and end of "official" recessions can only be identified long after the fact.
Technically, recession occurs when the economy experiences negative economic growth for two quarters (six months). It then takes some time for the National Bureau of Economic Research to collect data and announce the beginning or end, a process that can take a year or more. If recession begins this year, we will know for sure only well into 1997, but the immediate effects will be quite visible.
I am not an economic forecaster, but I have uncovered unusual relationships that connect reductions in the national debt with major economic depressions, rising annual deficits with economic growth, and reduced annual deficits with economic contraction and recessions.
The record of history is clear and wholly consistent. Increases in the national debt and annual deficits never have harmed the economy, always have helped it. Significant reductions in the debt and the deficits never have helped, always have hurt. The record divides itself into two periods.
From the origins to World War II
In its first 150 years, the government periodically undertook systematic multi-year reductions in the national debt by taking in more revenues than it spent.
Each of six such sustained periods led to one of the six major depressions in our history. The last three of these crashes were the truly significant depressions of the industrial era.
This is the record:
1. 1817-21: In five years, the national debt was reduced by 29 percent, to $90 million. A depression began in 1819.
2. 1823-36: In 14 years, the debt was reduced by 99.7 percent, to $38,000. A depression began in 1837.
3. 1852-57: In six years, the debt was reduced by 59 percent, to $28.7 million. A depression began in 1857..
4. 1867-73: In seven years, the debt was reduced by 27 percent, to $2.2 billion. A depression began in 1873.
5. 1880-93: In 14 years, the debt was reduced by 57 percent, to $1 billion. A depression began in 1893.
6. 1920-30: In 11 years, the debt was reduced by 36 percent, to $16.2 billion. A depression began in 1929.
There have been no such multiyear budget surpluses and debt reductions since World War II and, significantly, no major new depression. The record suggests that reducing the debt never sustained prosperity, even when the debt was virtually wiped out by 1836. The highest deficits were those of world War II, ranging from 20 to 31 percent of Gross National Product. For a few years following the war, the debt was greater than GNP, the only such case in history. The wartime borrowing and spending actually ended the Great Depression.
Post-World War II
Both political parties pledge to balance the budget by 2002, and all budget-balancers hope ultimately to reduce the national debt. In the meantime, the nine recessions of the depression-free postwar decades have each followed reductions in the annual deficits relative to GDP.
Using data developed by Warren B. Mosler, economic analyst for a Florida investment firm, I suggest how some of the recent recessions have been politically significant:
· Deficit reductions, 1971-74, led to the recession that began at the end of 1973; a slow recovery did not help Gerald Ford in 1976.
· Deficit reductions, 1977-80, gave way to a recession in 1980 that damaged Jimmy Carter's re-election hopes.
· Deficit reductions, 1987-89, were followed by the 1990-91 recession that harmed George Bush.
Meanwhile, the longest period without a recession was from November, 1982 to July, 1990.
The Republicans who now praise that "Reagan boom" never refer to the deficits or blame the Democratic Congress, while Democrats repeatedly attack "Reagan deficits." Neither side seems aware that a steep rise in deficits began in 1981, preceding the "boom" by almost two years.
When deficit reductions finally began in 1987, they paved the way for the next recession. Political irony is everywhere.
When the economy slides downhill, the incumbent president is badly damaged, and it does him little good to proclaim "success" in reducing deficits.
Ronald Reagan suffered no political harm because of the deficits of the 1980s and, even at his advanced age, might have been elected again in 1988 if he had been permitted to run. Whatever citizens say to pollsters, they vote against recessions, not budget deficits.
Driven by what appears to be wholly fallacious economic principles, politicians have put together such monstrosities as the Gramm-Rudman-Hollins deficit-reduction policy and the more recent "zero-sum budgeting" (all new programs must be financed by cuts in existing programs), along with the Clinton administration's "reinvention of government" ("downsizing") to virtually guarantee a new economic disaster, perhaps more serious than any in recent decades.
Extreme danger ahead?
Europe as a whole has been in deep economic trouble for some time, and even Germany now has 11 percent unemployment.
Following the Maastricht criteria the prerequisites for monetary union, European countries are attempting to reduce their annual deficits to the less than 3 percent levels required by the treaty.
There is reason to believe that this effort is hurting European economies which, along with Japan and this country, cannot sell as many consumer goods and services as they need and wish to sell. A spreading recession virus could be very dangerous indeed.
The relationships outlined above deserve serious study, even if they are wholly foreign to widely accepted economic principle that blind even sophisticated analysts to such possibilities. It may be time to question what has been considered unquestionable principle.
http://www.epicoalition.org/docs/thayer.htm
Trynka #1.12
More people 73% support cutting spending compared to 63% think taxes should be raised on the rich.
What that shows is 63% are succumbing to Marx's teaching that the wealthy have all kinds of money.
Wealth is what you are worth on paper. Your Checking account, CD's (rich aren't stupid enough to have these) savings accounts (rich also aren't stupid enough to have these either and what is in your pocket.
Every dime is spent to run the business, and any left is quickly moved into an investment in the company, or another company.
Thank You SBO in NY, I just want the republicans on this blog to come clean with the nonsense that collecting taxes on the wealthy at an equitable rate is not chicken feed, when they say it is, I say then what's all the fuss, but then they don't want to admit that it is a sizable chunk of change. You get it, they can't have it both ways, either it is insignificant amount and not worth all the fuss, or it is a significant amount and they are getting over on the rest of the nation with a better deal than everybody else just by virtue of being wealthy.
It is a matter of fairness and equity in America the president said as much and he is exactly correct about that. Tax breaks for the wealthy does not create jobs, if it did we would have seen those jobs by now. Why is a guy like Mitt Romney for instance who by his own admission has not worked in 8 years and makes $57,000 a day keeping his cash in off shore accounts considered more valuable to the nation and given special consideration by way of tax rates than say a guy that lays bricks for a thousand bucks a week and pays a higher tax rate because he earns his pay by the hour.
If you say we just want to punish the rich then I say why punish the bricklayer why not give him the same 14% or less rate as Romney gets, why are you punishing his hard work? Is it just because he don't keep his checkbook offshore. Their arguments do not hold water, it amounts to protecting the rich simply because they are rich, it's time for them to pay their fair share, and not get a better deal than everybody else in America simply because they wealthy, it is not about punishing them, it's a matter of fairness and equity, they are not being punished for being rich, and on the other hand why should they be rewarded for being rich.
You think we should extend that logic, I am relatively rich as compared to say a median income wage earner in a state like Texas so should I be given a tax rate of half what they pay I make at least 5 times what they make, so relatively speaking I must be a job creator, right, I should get a special tax rate right, aren't you killing the economy and my will to earn by taxing me more than them. If that sounds like a load of horse crap it is because it is a load of horse crap, like I said their arguments are bogus, I am fortunate enough to make more and therefore I expect to pay more based on fair and equitable progressive tax rates, this notion of the more you make the less you should be required to pay is pure horse crap it does not create jobs, it does not stimulate growth, it does nothing but serve our propensity for greed and keeping more money in our own pockets at the expense of those who are less fortunate. If you want to be honest about it fine then just say I do not wish to pay my fair share, I want to keep my money in my pocket period, but give us a break with all the BS trickle down theories and trying to give it a righteous or economic justification, just say I am rich and I am greedy and leave it at that.
This is going to be great in 2014 !! There is going to be a bounty on the pelt of every Pubbie holding elective office right now.
In 2016 we will elect the 2nd President Clinton, or perhaps a President Kucinich. Maybe by then we'll be out of the Bush Great Recession.
Pubs just won't get off the tax cuts for the rich thing. I guess they're going to go down with their tax cuts eh? A fitting tomb for the party of fat cats.
Happy New Year to all my First Read buds, and even to some of you Pubbies. Too bad Spanky and No Jo ain't around any more. They're just a couple of notches on our Liberal gun belts.
Rest in peace Pubbies.
Here's an idea...let's tax Jerry Jones 200% of his income until he agrees to sell the Dallas Cowboys. Then perhaps they can get back to the playoffs. New owner...new coach...new quarterback...and they can be America's Team once again!
Jerry post 1.16
NO. Politicians regulated the situtation to make lenders give loans to people who wouldn't or couldn't pay for them. Lenders (actually the old definition of mortgage companies - make their money by making the loans) made most of the loans and sold them as securities to Mortgage servicers (make there money by servicing the loans), Big Banks (make only the minimum required by the federal government, but buy already made loans as asset investments), Insurance Investors, and Retirement investors. Those type lenders were the ones giving bonuses for exceeding loan quotas.
Converting home mortgages has been a practice the 30's. What was new was the loans were bad and often hidden by showcasing only the good ones, so the buyers would keep on buying. When the a number of the buyers figured out they had been had, they started playing hot potato with the bad loans. Sooner or later it was going to blow. And the democrats all this time were insisting that nothing was wrong, and there was no need to fix anything. When it blew, then they started claiming they didn't know anything, they were lied to by Republicans, and Wall Street was evil and did all this all by themselves.
Really? I can find no solid proof this will work.
When Clinton did his increase on the wealthy August 1993, the money was actually taken from the rich starting on April 15 for 1993, and their new quarterly withholding starting in April 1994. Unemployment paused at 6.1% after dropping continuously from 7.8% in June of 1992. The GDP dropped the following year from a 6.3% 1994 increase to 4.65% increase in 1995. Not only that but unemployment after dropping to 5.4% February of 1995, then rose and stayed in the 5.6% to 5.7% range for the next 15 months.
Clinton is latest of the left's proof that raising the taxes and I just blew it out of the water.
Taxing the rich more is going to hurt not help, especially since the GDP is only up about 2% and mostly due to the Fed's QE programs.
akron marx knows the wealthy have money.lol.me too.heck ill bet the villiage idiot knows it too.so ill bet youve figured it out.my boss has 3 million in his checking account and just bought a 200k rv.somehow hes forgotten about the pay cut we took to keep his business afloat
DockPete
Could you explain to me where the republicans benefit? The only benefit for them is that the conservatives would be happy that they didn't cave to Obama. That isn't going to win them any elections in the near future, when the majority is predisposed by training to blame them for everything.
Ben post 1.26
That's enough. It is not true. Running off on imagined events is what the left does, it is not acceptable to the majority of people.
I'm afraid though, the job is taking a toll on her to the point that will make her keep her word that she will not run for president again.
Times-Running-Out
NO, the race card will never die as long as the democrats can use it. They have done an outstanding job of making it bigger than life.
Tru Pat,
The only real "living wage" example I am aware of is strictly anecdotal. There is a small beach community here in So Cal that has a living wage imposed on businesses in a certain district of town. It is, in fact, working there and employers are hiring. However, the additional cost is passed on to the consumer which happens to be a very upscale clientele. In this case, they probably don't even notice it.
I am sure there are other cases and you sound like you have investigated this very well.
But, (and like a wise man previously said, there is always a but) these costs are passed on to the consumer, who in turn have less to spend and therefore spend less. Thus, having a negative ripple effect across the entire economy. There are no easy answers to all this. Everything is intertwined, economically speaking.
For me, it comes down to - How long can we take in a dollar and spend a dollar forty? We all need to stop the petty arguing and finger pointing and start fixing this. There has to be tax increases and I think it shouldn't stop at just the wealthy. And, spending needs to come under control (via waste, fraud, and abuse). This beautiful country belongs to us all, conservative and liberal alike. If we keep playing THEIR (politicians) game, we will all lose. And that, my friend, will not be pretty.
I must go now, it has been a pleasure discussing this with you.
Thank you.
If we wanted drama, we could have hired actors out of Hollywood to run our country. It wouldn't make much of a difference since they're just as out of touch with the reality of living on the income of the average American citizen as are our Congressmen.
Pigotry 1.42
Compromise is not always a good thing. Compromise was making African Americans worth 3/5's of a person in the US Constitution. The compromise of the 53rd parallel as the dividing line between free and slave territories is another grand one. Reagan giving up on the $1 of spending cuts for every $1 of Tax cuts to save the tax cuts is another fiasco. The Current fiscal Cliff spending cuts was a compromise. No Child left behind was a compromise. The budgets of 1918 and 1919 were compromises.
Compromising on tax increases is going to be a bad one, but since the people of this country believe polticial ideology over substand, they will get another opportunity to learn better . . . and probably not learn the lesson again.
Forset Post 1.44
Because of the unlearned lesson of 1993 - 2000 is that raising the tax on the rich will stunt economic growth and stop the decline in unemployment.
Looks like we'll be able to thank the Republicans once again for higher taxes and yet another Republican sponsored recession. If Republicans and their chioldren aren't put in internment camps soon, Mexico and Hati will need to provide aid to America's starving children.
Pigotry
Most women who need EIC don't have any skills that warrant a higher wage OR do not have the availability to work enough hours if they do have a skill that gets them a higher wage.
I helped one of those people get their earned income credit one year.
The problem wasn't the employers not wanting to pay well, it was that because of the small children she had she was so limited on her availability. Nor did the Job she had have more hours available for her to work because daycare costs so much and was really not available at that time.
At least they can say they tried... LMFAO!
Poor folks they're not home on vacation at present ;S
John Q
If your boss has 3 million in his bank account he either needs a new investment advisor, his is planning/working on a major expansion or his business is so big he needs a very large Buffer to cover a very irregular business cycle.
That money is only insured to the current FDIC limit.
As usual, the liberal ignorance seems to be rampant.
Hate to really break it to the masses, but the Senate has been majority Senate, along with a Democratic President...
Let's look at just their record, Obama has once again, only put forth the same plan that has been shot down 4 times already. That is the definition of arrogance.
In the mean time, what has the Senate produced? Nada, nothing... heck, they had to wait until Obama responded, after the House of Reps got frustrated.
In the mean time, the House of Reps have tried 3 times in the past 4 months, heck, they even proposed a compromise on raising hte taxes on those making a million plus, even Obama said he would veto.
And of course, the medai is so ind to keep throwing out the unemployment, like that has even been an issue. Unlike the funding for foreign and domestic "projects", that are the real issue.
I think it's funny, not even the Democratic Senate is quick to do an up/down vote on on those same issues. Might be because if the majority shot it down, it will become obvious that it is not a GOP only issue.
Far easier to blame someone else, then again, that has been the matra for this Administration since day one...
Nice to know people are more interested in calling names, you can always tell someone that lacks true knowledge and understanding, they also lack respect, and commonly result to insulting behavior.
I say let the House Republicans take us over the cliff. Actually, from this day forward, until midterm elections, we end all compromise with Republicans. If their aim is to protect the rich by hurting the middle class, well there are more middle class voters than rich voters. Congressional Republicans will get voted out of office because they put a "not tax oath" before the health and success of the entire country. If Republicans want us to cut spending, we should start with all spending that Republicans hold dear to their heart. Things like defense, oil, pharmaceuticals, or simply put - Republican legislated pork barrel spending.
Double_Jeopardy I read somewhere that a group of baboons is called a 'congress.' That explains it!
And you want your Income Taxes sent in on time or else, and you can take your time in the fiscal cliff, this makes me sick.
Arch Stantion
There was no deficit reductions for 1971, or 1972. Outlays increased 9 Billion and 16 billion Respectively.
Now in 1973, the increase in outlays was 6 Billion.
The deficits increased from 507 million in 1969 to 8.7 Billion in 1970, 26 billion in both 1971 & 1972. 1973 the deficit dropped to 15 billion.
Revenue was a real seesaw. Yet 1967 + 12 billion; 1968 + 3.6 billion; 1969 + 30 Billion; 1970 +1.4 billion; 1971 - (-8) billion; 1972 - + 16 Billion; 1973 +17 Billion.
Personal income tax rates were held the same.
Capital gains increased from 25% to 36% Up Significantly.
Corporate rates dropped from 24.2/52.8 to 22/48 down slightly.
Unemployment increased from 3.5% in 1969 to 6.1% up drastically
The GDP shows growth of 7 - 9% but buttressed by a 5 and 6% inflation rate.
If anything should be taken from that time, is don't raise the capital gains, it creates unemployment.
This is the second Left Wing assertion I took a closer look in the last two days and found to be baseless!
The First was the constant claim that Clinton's modest tax increase lead to the prosperity. When you put everything in the time line as to when it actually hit the street, the reality is that the tax increase on the rich that Obama is insisting on cut the GDP, and caused the unemployment rate to stop falling and stay stagnant at 5.6% for 15 months.
Come on folks, checking the facts isn't that hard. These journalists your read telling you to be intelligent when they are feeding you a constant barrage of half truths that sound good and support there claims!
If con is the opposite of pro, what's the opposite of pro-gress?
Seriously,
Because of gerrymandering, because of no same district political opponent from the same party and because most of us will always vote for our own party, we desperately need term limits in Congress. Works for Democracy, and works against corruption and the likes of Grover Norquist.
How about this novel idea? Since each side think they are right, let the Democrats decide how much to tax democrats, and let the Republicans decide how much to tax republicans, then let the Democrats spend that amount of money, and let the Republicans spend their amount of money, not one penny more for either, and the interest on the national debt and 10% of the principal comes off the top by percentage. The independents can choose which side before any deal in made. If someone is not registered as either Democrat, Republican, or independent, they will go into the higher tax catagory. Then see how things change around!
just FYI the 1% are leaving the country and relinquishing their citizenship like rats leaving a sinking ship. Big businesses are moving their companies to countries that have lower tax rates [and more human right's violations] and/or cutting their losses by going bankrupt. The economy is getting steadily worse and our fuel sources will eventually run out because we are not sustainable. You people bickering back and forth over which party is 'right' are ridiculous and seem to not see the big picture--our government has consistently become more corrupt and less about the people than ever before and they keep all of you at each others throats and effectively distracted. THEY are the ones that have retirement plans and exotic vacations and summer houses and INSURANCE that we pay for. Our time of living the high life in a disposable society is over, so I hope you enjoyed it while it lasted because things are gonna really go to @!$%# soon...a lot of parasites kill their hosts and politicians are nothing if not parasitical. So I hope you enjoyed wrapping your Chinese produced presents that were the result of a person working 15 hour days, 7 days a week for $1 a month to manufacture because someday soon that will be you.
These talks were doomed before they began. The baseline layed down was to "temporarily" increase taxes on those making over $250,000. The Republicans will never allow that and the President knows it. If He truley wanted a deal he would have raised that to the level the Republicans presented a coupld of weeks ago. But no he insists on "MY" terms. He thinks the America people are too stupid to see truth in his manipulation tactics. From reading many of the posts here he has managed to fool many of his followeres into believing he is actuall trying....lol. If and only IF , Obama and the Democrats finally decide to reall, really negotiate, there will be a deal. Until then the answer will be no deal.
" greedy white bastards" Racist much fisty, i love you liberals. Its ok you don't have to get all angry black woman on us i'm sure you will get your welfare check 1st of the month.
I wish I could land this gig. Work for 6 years and not do a flippin' thing. Then get life benefits. The House would be just as good, though.
I'm officially running for Senate.
If any of these obstructionists get re-elected, I will have lost all hope in this country.
Hal
I lost hope Last November when the worst ever got re-elected.
It will only get worse. No leadership = the results you have seen.
rukkidding 47,
I got hope when the worst ever left office in 2008, but left the country in a mess that we are still trying to recover from. The fact the Worst Ever is still hiding on his Texas ranch with a warrant out for his arrest from the World Court in the Hague for War Crimes makes me hope he will someday stand trial! I also lost hope enough that I became a Democrat from a Young Republican of the past! and will never in my lifetime vote for a republican again!
No leadership today but that is to be expected from the leadership that has not produced a budget in three years
michigan notherner,
You obviously don't read all these posts and the tone of the righties to know that it goes both ways and many times worse from you racist righty nut cases!
"Nothing is so firmly believed as that which is the least known!" Just look at what the republican are doing to this country today, yesterday and forever!
michigan northener,
Your post speaks for itself! Sad and pathetic!
If they would have the balls to lock the republicans out of the congress building and put armed guards outside so they can not show up to vote we could responsibly fix this. I am sure if they were to not show up when ordered to there is a procedure to work around absentee senators and representatives who refuse to show up. Maybe then we could declare the Republican Party what it is, a domestic terrorist group and round everyone of them in their regime up from "elected officials" to regestered voters. I am a registered republican on paper only so I can go to their meetings and join their "grassroots" organization. I have personaly heard hte plot from their big wigs and trust me they are nothing but terrorists. Republicans are far worse than ANY Muslim on the planet. 1 true American fingernail is worth more than all the lives of Republicans.
Some of the people here need to take a step back and look at this. The democrats have NO incentive to get a deal done because the Republicans will be blamed. And the democrats are not willing to talk about ANY spending cuts, so what good is it if you increase taxes on those whe make 250k per year? Obama speaks about deficet reduction, but doesn't give ANY deatails on how.
What I don't get is Bill Clinton had spending suppluses, but Our elected Congress/Senate found places to spend that money instead of buying its own debt back, and If I am not mistaken that some 16 to 19 TRILLION dollars.
So back to what a few others have said there is more than Social Security and Medicare to look at, I Know here is a a noval idea, STOP PAYING LEGAL IMMAGRATES SSI, These People DID NOT PAY IN!!! And for those people that blame republicans for raiding SS, This was enacted by Jimmy Carter (DEMOCRAT) and it was LBJ (DEMOCRAT) that started rading the SS Funds what back in the 60's so he could fight a war and finance social reform. DEMOCRATS Need to open there eyes and stop spending our great grandkids futures.
Here is the FY2013 budget (began Oct. 1, 2012). Now, would each of you take the time to go through this list and tell me what you would cut from this budget and how much (both percentage and actual $$$)? If not, the STFU, just like all members of Congress need to do until THEY publish on the Congressional websites just where and how they propose to cut this budget to reduce the deficit. My first cut would be in the Congressional funding. Reduce their salary and their staff salaries by 40%. Close their "Perks Center" in the Capital building (their health club, medical facilities, dining rooms, etc.) Eliminate their FREE postage (that would be a start towards helping out the USPS deficits.)
DOD: cut any program that the DOD does not want, and eliminate all waste within their budget. Eliminate all pork related to their budget. Require ALL purchases to have a minimum of three competitive bids based on the private sector value of the items being purchased.
All other departments should have the same purchasing requirements. Cut all waste and fraud. Combine all overlapping services into one appropriate agency.
Eliminate the entire tax code and go to the Gross Income Tax that I have been proposing for months.
That is the short and sweet of how I would begin to "reduce the deficit." Now, where are your workable suggestions on this list:
http://www.usgovernmentspending.com/year_budget_2013USbn_13bs1n_006065#usgs302
I guess all the blame will only goes to one side and that is the Republican side. But President Clinton wouldn't have made it if he didn't compromise with Republican. He used many of the Republican idea and took the credit for it. Obama wants it his way or no way. But i do wish the pass the tax hike on all people earning more than $250 thousand as Obama wants.
Charlie, that GOP ended with Ike, not Reagan. Sorry to burst your bubble. We all failed to head Ike's warning, and Reagan sure didn't listen to it. Beware the Military/Industrial Complex. That MIC has now taken over the country and the federal government (and yes the entire WS/Banking industry is part of that complex as well.)
@gregorio057: The ACA was a GOP compromise that Obama accepted (in fact it was his 2012 opponent's same plan from MA). He has made all kinds of compromises on every issue over the past four years, often giving in too much to the other side, who gave nothing in return.
ofg, are you referring to administration or congressional leadership? The President has fulfilled his requirement every year to submit a budget PROPOSAL to Congress by March. Neither house of Congress has fulfilled THEIR obligations to produce a Budget Resolution by the end of May at the latest, nor have they passed any appropriations bills before the September 30th deadline (other than their own Congressional appropriations.) That is where the leadership failure is, and the voters keep re-electing these do nothing idiots getting rich off of their Congressional offices.
The National Defense Authorization Act of 2013 passed the Senate with a 98-0 vote. The NDAA is a huge federal law that among other things specifies the budget and expenditures for the Department of Defense. The authorization bill determines the agencies responsible for defense, establishes funding levels, and sets the policies under which money will be spent. Policies that are defined under the authorization act include salary and benefit guidelines for all service members, including health care, plus foreign policy items like the economic sanctions against Iran, embassy security and "options for establishing a no-fly zone over civil war-plagued Syria."
The NDAA is a wide-ranging bill that has many controversial sections. For example one section of the act allows governors to request assistance of military reservists to act as first-responders in the event of a hurricane, earthquake, flood, terrorist attack or other disasters. On the service this doesn't appear too controversial, until you think about the subjective definition of "terrorist attack." The NDAA is also an example of where budget needs to be temporarily divorced from policy. No executive worth his MBA would suggest such an action (there is some red meat for you) but there are a number of policy issues contained in the NDAA that need further debate and discussion without impacting the DOD budget and the subsequent appropriations bill.
Given the urgent need to marry national security with responsible fiscal policy, we need to slow down this process so we can fully vet the most controversial elements of the far-reaching bill.
The top 3 are:
1. The Indefinite Detention Clause: The NDAA has become the most controversial element of President Obama's foreign policy. Section 1021 of the NDAA bill of 2012 allowed for the "indefinite detention of American citizens without due process at the discretion of the President." Section 1021 has been challenged as a violation of constitutional principles and the United States Bill of Rights. The indefinite detention clause has been broadly denounced nationally and internationally. It may very well be the only thing that has true bi-partisan support. The Act was strongly opposed by the ACLU, Amnesty International, Human Rights First, Human Rights Watch, and The Center for Constitutional Rights, the Cato Institute, Reason Magazine and The Council on American-Islamic Relations. It was criticized in editorials published in The New York Times, Al-Jazeera, and The Guardian. The ACLU said, "The statute is particularly dangerous because it has no temporal or geographic limitations, and can be used by this and future presidents to militarily detain people captured far from any battlefield." This year's bill contains amendments introduced in the Senate and the House to remove the indefinite detention clause. The House included sections 1031 through 1033, which affirms the right of habeas corpus and the Constitutional right of due process for American citizens. Senator Rand Paul (R–Ky.) a leading opponent of the clause pointed out, "the bill this year contained the amendment I supported which sharply limited the detention power, and eliminated it entirely for American citizens in the US."
2. Intrusion Detection and Network Penetration for Defense Contractors: Senator Carl Levin (D-Mich.) has introduced an amendment to require defense contractors to disclose incidents of cyber intrusion. The amendment seeks to turn what is now a voluntary program of disclosure into a mandatory requirement. Politico quoted Levin, "it's so obvious that if a defense contractor with classified information has their networks penetrated and attacked, then the government has to know about that." Mark Jaycox, a policy analyst at the Electronic Frontier Foundation told Mother Jones. DoD has been adamant about inserting a clause in contracts that mandates reporting of security breaches. The government can use this information to defend against threats. Cyber intrusion detection and reporting is a legitimate concern. In 2009, Chinese spies hacked the Pentagon's $300 billion F-35 fighter jet project. The Diplomat noted that in 2012 China introduced a stealth fighter that was "essentially an American stealth fighter with Chinese paintwork."
In a complementary measure the Senate is also requesting that vendors submit the source code for their software for security testing and verification or follow a specific set of security verification guidelines. Writing for LawfareBlog.com, Paul Rosenzweig, an expert in homeland security, explained that, according to section 936 of the NDAA, "upon request, contractors would be required to give DoD access to 'equipment or information' to determine if any classified 'information created by or for' the DoD had been 'successfully exfiltrated.'"
3. The Continuing Buildup of the Military-Industrial Complex Vis-à-Vis the Fiscal Cliff: Marine Corps Times reports the $650 billion bill contains "$88.5 billion more for ongoing wars" and "would add $60 billion to the Navy's plans for the F-18 fighter program." The newsletter said, "the bill supports the Pentagon’s plans for the Air Force to spend $3.7 billion on the F-35 fighter program and the Navy to spend $3.2 billion, on what is the biggest weapon program in history." Three billion was approved for the Army to enhance its ground services capabilities and to purchase Blackhawk helicopters. The Navy was approved for an additional $778 million for the "advance procurement for attack submarines." The Marine Corps Times said, "the Armed Services Committee's proposals on major weapon programs were left unscathed." How’s that for the fiscal cliff, the sequestration process and tightening our belts?
Feisty and Pigotry, two foul disgusting pieces of $@i#.
Awesome! Now we get to see the press fawn all over these a-holes while they fondle each others balls and a$$es after they cut a last minute deal while telling us how hard they work.
anti-trust proponent.....you are aware the Ike started the military industrial complex don't you? then he has the nerve towanr us about it.....lol He alone casued the nuclear race. I am not suggesting ike was a bad President ( remember him well ) but he screwed up too just as every other President has. Some Presidents get lucky ( Clinton and the tech boom) others not so much Bush Jr and economy ( caused by the tech bubble bursting and job exports from unfair trade agreements) and 9-11 pushing us into war. Obama stuck with a full on recession from a failed housing policy and lack of jobs. Nixon got caught Kennedy shot for him race views and mob attacks. With the exception of Obama each of these men had ideas and knew how to make those ideas come to reality. obama has some ideas but has no clue how towork with peole in congress to get them done. He can't even get 100% form his own party on some things.
I have read maybe a dozen quotes on here that Obama said, it is my way or the highway!" LIES! Not once can I find him making that statement. Rather it is the action of Bonehead , Cantor and McConnell that act like it is 'my way or the highway!"
Here we are on the edge of a cliff and they get a raise?!?
http://www.huffingtonpost.com/2012/12/28/obama-pay-raise-congress_n_2377714.html
Seriously? When do we run these idiots out of town on a pole tarred and feathered?
Amen
and as for the person that called me a right-winger your so far of base it's unbelievable.
I am for gay rights and all kinds of social issue but i don't think or country should go bankrupt over it.
Truth Conniver, when you, even at your age, are finally able to start high school (well, GED at least) at your age, you might want to take a History .000001 class. It is a proven, historical fact (you'll learn it when you take that course) that each and every time the rich are given a "tax break," they never, ever reinvest it into the economy. Instead, they keep it, hogging it all to themselves. That happened when Herbert Hoover, as president, tried it in the first years of the Great Depression I. He thought that if the rich (most of whom, despite the jumping-from-windows stories, were not that adversely affected by the GDI) got to keep more money, they would invest it. They didn't. They kept it and with the loss of government revenue by giving them that tax cut, the GDI only worsened. Then, in the 80's, because of early Reagonomics, a massive recession began and countless numbers of middle class Americans lost their investments. The rich, of course, were just fine. So Reagan pushed for more tax cuts as part of his tinkle-down theory, believing that if the rich got to keep more of their money things would turn around. But along with cutting taxes for the rich, taxes were cut for the working middle class who now had more money after struggling. So what happened? Why, the economy started to boom. And it wasn't because the rich got their tax cut, it's because the working middle class did. As what happened before, the rich did not invest and instead kept and hogged all that extra money - they tinkled nothing down. But the working middle class spent, invested and wisely saved their money (in more investments) and things took off. And, because of the lower taxes on the working middle class (not the rich), there was more money that could be taxed at even lower rates and volume made up for it and even more money came flowing into government coffers. After the early 90's recession, when taxes were first temporarily raised by both Presidents Bush and Clinton to stop more deficit spending, thus releasing more money back into the private sphere, tax cuts were again given to the working middle class and the economy skyrocketted because, unlike the rich, the working middle class spends and invests its money. The rich do not. The economy only grows, expands and is healthy when the working middle class have more money, not the rich.
Will raising (and greatly raising) taxes on the rich while massively slashing them for the working middle class bring immediate prosperity? Not over night or in one week. But within a year, as the working middle class now has more money to purchase goods and services, to invest in them, to save for a solid future, it will, and then it will grow fast, creating the need for more jobs (created, mind you, by spenders and consumers, not the rich) that will have to pay better in order for those wealthy enough to own those businesses to keep the ball rolling. Meanwhile, the rich can do without extra money. They'll be fine. After all, they have all that money they hogged away when they got their uneeded tax cuts.
Best of luck in your learning endevour.
And Christopher Columbus discovered America
Because conservatives believe that, it's no wonder they don't know history, including the fact that when the rich are given "tax breaks," they keep and hog away the money rather than invest and spend it in some faulty conservative tinkle down economic theory which has been proven false. Only when the rich are taxed and the working middle class is taxed less does the economy grow. When the rich are given "tax breaks," the economy goes down the toilet.
...but l at the bright side...Speaker Boehner brought the House back into town!
It's hard to see any chance of an agreement. The teabaggers will fight to the end for their billionaire sponsors.
@sharkey#2.1: Yep. Them goobers won't do anything unless it adds to the content of their own pokes.
Neither party is for the American people. Each party has its own personal agenda and it does not include the American people. Sick of both parties!
John Bonner came back to kiss his seat GOOD BYE and I'm sure he'll be taking several of Republicans with him over the next two years.
And yet who do the Voters put back in office? Thats right, the SAME people they complain about. Very Intelligent voters for sure.
You cannot legislate the poor into prosperity, by legislating the wealthy out of prosperity.
When half of the people get the idea that they do not have to work, because the other half is going to take care of them, and when the other half gets the idea that it does no good to work because somebody else is going to get what they work for, that is the beginning of the end of any nation!
Raising taxes on the so called "wealthy" (whatever that number is) does absolutely nothing, nothing for the spending crisis America faces.
America has a SPENDING PROBLEM, not a revenue problem. After 30 plus years of GREED and IMMEDIATE GRATIFICATION, it is time to pay up for those decisions.
Obama and the Dems have failed to address that SPENDING PROBLEM and continue IGNORING THE NATIONAL DEBT grow.
Middle America just continues to "buy into" the political rhetoric that raising taxes on the wealthy solves something, it does not.
Middle America, your basic costs of living will keep rising under the Obama reign, and your purchasing power with the US Dollar will continue to shrink.
You Reap what you Sow America, and there is no cure for STUPID (feisty!)!
Hold hands, all chip in and lets jump off the Fiscal Cliff. That is the start to a long lasting solution.
John Bonehead, McConnel, Graham - the top of the loser list.
Lock the whole bunch in, with no pay, until they get an agreement.
If we put Americans back to work the rest will follow,and with severe cuts to Military spending.
The article is goofy. Who on earth expected a day of talks would reach a compromise? Whomever would expect such a thing is living in lala land.
What part of divided don't you understand? The word divided means divided.
The only leverage Dems have on the Repubs is the military cuts in the Sequester. When will the Dems wake up?
Victoria you've hit on it. Put people back to work. Jobs will come home by reducing taxes. Raising taxes will send more jobs overseas. An industry with a higher tax rate cannot compete with an industry with a lower tax rate, very simple.
The President's notion to stimulate the economy by giving businesses dollars borrowed from China is folly.
Ready to hear the same complaining about Obamas' leadership and poor negotiating skills from righties that has been going on for 4 years, how the the great leader Boehner could not sell his caucus a deal where he claimed he got 98% of what he wanted, Under his leadership the House has only passed bills that provide the majority continual orgasms (the Ryan budget) and never even have a chance to move through the rest of government. So on this one he just quits, what a leader, pass the buck to turtlehead, he's still trying to make Obama a term Pres. Every repub I hear blames both sides trying to blow the stink all over, thats how you know they are trying to get a little off themselves. Off the Cliff, no deal will be better than a bad one
Victoria, your statement "John Bonner came back to kiss his seat GOOD BYE and I'm sure he'll be taking several of Republicans with him over the next two years" is amusing.
Boehner may narrowly not have the leadership role extended, but he and the other Republicans you mention are good in their seats for at least the next 2 years. If Boehner is ousted from his leadership position, another Republican will be seated in that position. Who do you like?
If these clowns got paid for what they accomplished they would be hocking their underwhere to pay their light bill. Screw politics take care of the countrys people, you know the ones that made the mistake of voting them in.
It's going to be a very long two years........
In the mean time maybe they'll stop worshiping their false GOD Grover Norquist
I not going to let this $hit Show ruin my new years eve good times. If these rodeo clowns can't work out something then were all #*^@ed. Monday will be interesting, but what's more interesting is that if it's really all that serious, then why wait till 11am EST to meet? I guess they want to SLEEP IN. .....lol
I hope they never agree on anything. We need to go off the cliff, cut spending and start paying our loans down, not adding to them.
Tax increases coming, Oblama folks. Oh, I forgot. He was only going to stick the 1%. Guess he forgot to mention about the 2 zeros on the end, 100%.
God, you libs bought this crap from him, with him knowing the entire time that the only way to continue his massive spending and give-aways was to raise everyone's taxes. So, take note of your take-home pay and remember that you voted for the clown.
You deserve what you get;unfortunately, those of us who saw through his preacher rhetoric and lies also have to live with your stupidity.
Obama helping the poor become more poor.
You mean more Christ like?
Too many of you Republicans believe all that crap that your multi-millionaire Romney put out. The Republicans destroy the economy of this country, refuse to help in the recovery, and then call unemployment benefits hand outs. I'm sick you people, you are the most disgusting, mean group this country has ever produced. I'll be glad when demographics finally get you out every office in the land and let people with a conscience have the power, and I guarantee you, you will not be as wealthy as you are today!
Okay so I am Canadian and I try really hard to understand your politics. I followed the election fearing that Mitt Romney was going to win and now I have been trying to follow this "falling off a cliff" thing. But by today what it started to seem to me was this is being drawn out so long because they want the "drama build-up" so either someone is going to come out of this a hero, and someone a bum or maybe both bums. Or they might have some other ridiculous reason for why they are taking this down to the wire - but I believe a deal will be reached by tomorrow night cause I believe there is one in progress now but they want to win over the people by upping the drama even further. Let's face it they certainly have people talking!!! But this is just a gut feeling I have cause I do plead some ignorance to your politics.
The real solution is to place a heavy import tax on items from countries with low wages so those items can no longer compete with items made in the USA. Another is to severely tax corporations that send jobs overseas. But then American tax dollars went to many of these companies in bailouts with the promise from them that they would create jobs in the USA, that and their lower taxes for more than 30 years - what did those companies do with our tax dollars? They built factories in China and other countries! They said, "Screw you, American workers - we only care about getting ourselves wealthier and we will happily do it with your tax money!"
SHar-2704637
But this is just a gut feeling I have cause I do plead some ignorance to your politics.
__________________________________________________________________________________
That's alright as I believe our politicians (from the President down) have that same ignorance. You at least are trying to learn where the politicians (from the President down) don't have that same desire. They just like to keep letting us know how dumb they are and blaming everything on the other party. They ONLY thing they have all really succeeded at is dividing the whole country. I personally don't think they should get paid until they do the job they were sent to Washington to do.
There is no need to worry. Mr. President Obama probably already has an executive order drafted and will sign it before midnight if the legislative bodies fail to come up with anything. Either in that executive order or in another, Mr. President Obama will fix it so he no longer has to ask Congress to extend the national debt limit. In one evening, Mr. President Obama will save the country from the fiscal cliff and save the big money firms on Wall Street, and have the freedom to spend whatever it takes to make the weaker minded liberal individuals believe everything is just hunky-dory and they will have a perpetual government mother to suckle off of forever.
Whatever shall come to pass, the deal has already been made. All this drama is purely for show. Just to make the American people think they are actually earning their new pay raise. What a bunch of crooks.I am so tired of all this B.S.
Obama was on Meet The Press telling the nation that Dems had agreed to chained CPI while his buddy, H Reid is over in the Senate telling Repubs they can not agree to chained CPI. Seems to me that Mr. Obama has no control over H Reid and that has been a problem throughout his entire term. When is Mr. Obama going to grow a pair and tell H Reid to get in line?. Who is the head of the party, H. Reid or Mr. Obama?
!!!!!!!TRAITORS!!!!!!
Can't pass a budget? But can pass the NDAA traitors
The National Defense Authorization Act of 2013 passed the Senate with a 98-0 vote. The NDAA is a huge federal law that among other things specifies the budget and expenditures for the Department of Defense. The authorization bill determines the agencies responsible for defense, establishes funding levels, and sets the policies under which money will be spent. Policies that are defined under the authorization act include salary and benefit guidelines for all service members, including health care, plus foreign policy items like the economic sanctions against Iran, embassy security and "options for establishing a no-fly zone over civil war-plagued Syria."
The NDAA is a wide-ranging bill that has many controversial sections. For example one section of the act allows governors to request assistance of military reservists to act as first-responders in the event of a hurricane, earthquake, flood, terrorist attack or other disasters. On the service this doesn't appear too controversial, until you think about the subjective definition of "terrorist attack." The NDAA is also an example of where budget needs to be temporarily divorced from policy. No executive worth his MBA would suggest such an action (there is some red meat for you) but there are a number of policy issues contained in the NDAA that need further debate and discussion without impacting the DOD budget and the subsequent appropriations bill.
Given the urgent need to marry national security with responsible fiscal policy, we need to slow down this process so we can fully vet the most controversial elements of the far-reaching bill.
The top 3 are:
1. The Indefinite Detention Clause: The NDAA has become the most controversial element of President Obama's foreign policy. Section 1021 of the NDAA bill of 2012 allowed for the "indefinite detention of American citizens without due process at the discretion of the President." Section 1021 has been challenged as a violation of constitutional principles and the United States Bill of Rights. The indefinite detention clause has been broadly denounced nationally and internationally. It may very well be the only thing that has true bi-partisan support. The Act was strongly opposed by the ACLU, Amnesty International, Human Rights First, Human Rights Watch, and The Center for Constitutional Rights, the Cato Institute, Reason Magazine and The Council on American-Islamic Relations. It was criticized in editorials published in The New York Times, Al-Jazeera, and The Guardian. The ACLU said, "The statute is particularly dangerous because it has no temporal or geographic limitations, and can be used by this and future presidents to militarily detain people captured far from any battlefield." This year's bill contains amendments introduced in the Senate and the House to remove the indefinite detention clause. The House included sections 1031 through 1033, which affirms the right of habeas corpus and the Constitutional right of due process for American citizens. Senator Rand Paul (R–Ky.) a leading opponent of the clause pointed out, "the bill this year contained the amendment I supported which sharply limited the detention power, and eliminated it entirely for American citizens in the US."
2. Intrusion Detection and Network Penetration for Defense Contractors: Senator Carl Levin (D-Mich.) has introduced an amendment to require defense contractors to disclose incidents of cyber intrusion. The amendment seeks to turn what is now a voluntary program of disclosure into a mandatory requirement. Politico quoted Levin, "it's so obvious that if a defense contractor with classified information has their networks penetrated and attacked, then the government has to know about that." Mark Jaycox, a policy analyst at the Electronic Frontier Foundation told Mother Jones. DoD has been adamant about inserting a clause in contracts that mandates reporting of security breaches. The government can use this information to defend against threats. Cyber intrusion detection and reporting is a legitimate concern. In 2009, Chinese spies hacked the Pentagon's $300 billion F-35 fighter jet project. The Diplomat noted that in 2012 China introduced a stealth fighter that was "essentially an American stealth fighter with Chinese paintwork."
In a complementary measure the Senate is also requesting that vendors submit the source code for their software for security testing and verification or follow a specific set of security verification guidelines. Writing for LawfareBlog.com, Paul Rosenzweig, an expert in homeland security, explained that, according to section 936 of the NDAA, "upon request, contractors would be required to give DoD access to 'equipment or information' to determine if any classified 'information created by or for' the DoD had been 'successfully exfiltrated.'"
3. The Continuing Buildup of the Military-Industrial Complex Vis-à-Vis the Fiscal Cliff: Marine Corps Times reports the $650 billion bill contains "$88.5 billion more for ongoing wars" and "would add $60 billion to the Navy's plans for the F-18 fighter program." The newsletter said, "the bill supports the Pentagon’s plans for the Air Force to spend $3.7 billion on the F-35 fighter program and the Navy to spend $3.2 billion, on what is the biggest weapon program in history." Three billion was approved for the Army to enhance its ground services capabilities and to purchase Blackhawk helicopters. The Navy was approved for an additional $778 million for the "advance procurement for attack submarines." The Marine Corps Times said, "the Armed Services Committee's proposals on major weapon programs were left unscathed." How’s that for the fiscal cliff, the sequestration process and tightening our belts?
Obama is a joke- blaming Republicans for the deal he set into motion! It was his "super committee" that failed when he didn't even try to help with the negotiations, and when the Simpson Bowles tried to come up with a solution- he shot it down, and then he and Harry (horse's @ss) Reid put off all activity until after the election (because their record was so lousy already), and here we are. They should be thrown in jail for not coming up with a legally required annual budget! Obama leg humpers are morons.
Mitch the Bitch and his worthless cohorts could use a good old fashioned anal probe right now. Their good buddy in Virginia can help them out with that.
I guess they are still too busy trying to figure out how to trash the women of this country to get down to business and do what us taxpayers are paying them to do. Mitch needs to go. What a worthless piece of sheep dung.
doesn't look like it will spoil Speaker Boehner's New Years Eve after all.
This isn't news!...
They haven't done anything all year. Named post offices (which they want to close), restrict womens right to choose, and of course repeal ObamaCare!
Worthless bunch, living off the taxpayers!
On top of that they are actually proud of the fact that they haven't accomplished a thing, just look at the dopey smirk on McConnell's face. He is just basking in the media attention and so proud of his deliberate obstinance to getting any sort of deal done.
Worthless bunch, living off the taxpayers!
Chilled, sounds like the Oblama voters.
What's sad is that any average American could make the hard decisions and achieve a basic plan/bill with far greater success. When you belong to the 99% and fully understand the consequences of each decision your capable of making balanced, fair and prudent decisions. The majority or 99% of Americans pay the greater burden of their income to support our government. Hence they pay for those so called "entitlement," programs by investing in them with their tax dollars. Programs the GOP is so bent on eliminating ignoring corporate welfare and subsidies. When you eliminate the hand that feeds you does anyone really have a clue to the consequences?
Budget cutting, balanced budgets and surpluses: They aren't what they're cracked up to be!
To the people posting here who have a naive belief that budget cutting and surpluses are always good for the economy.
Many times they are NOT and some times deficits are good for the economy.
In 1946 we had the biggest debt to GDP ratio in our history and then right after that we had the arguably the biggest to decades of economic boom we have ever had. The 1950's and 1960's were the famous post WWII economic expansion with rising wages and living standards for most people...not just rich people!
The politicians (Republican and Democrat) and corporate media play on people's ignorance of economic history in order to scam them into accepting the argument that we just HAVE to cut Social Security, Medicare, etc. because it will make the economy better and create jobs.
In fact, as fairly old and also recent history shows this is not usually the case.
In Europe the EU, IMF and ECB have been forcing governments to cut spending for the last 5-6 years and many countries there are in recession, projected to go into recession soon and for some are in DEPRESSION NOW.
Here's some information about budget surplus history in the U.S.:
DETAILS
U.S. President
Calvin Coolidge
Compare Calvin Coolidge Administration Federal Budget
Year
1928
Total Receipts ($)
3,900,000,000
Total Outlays ($)
2,961,000,000
Total Surplus Or Deficit ($)
939,000,000 [Surplus]
http://federal-budget.findthedata.org/l/30/1928
Wall Street Crash of 1929
From Wikipedia, the free encyclopedia
The Wall Street Crash of 1929, also known as the Great Crash and the Stock Market Crash of 1929, began in late October 1929 and was the most devastating stock market crash in the history of the United States, when taking into consideration the full extent and duration of its fallout.[1] The crash signaled the beginning of the 10-year Great Depression that affected all Western industrialized countries[2] and did not end in the United States until the onset of American mobilization for World War II at the end of 1941…
http://en.wikipedia.org/wiki/Wall_Street_Crash_of_1929
President Clinton announces another record budget surplus
September 27, 2000
President Clinton announced Wednesday that the federal budget surplus for fiscal year 2000 amounted to at least $230 billion, making it the largest in U.S. history and topping last year's record surplus of $122.7 billion."This represents the largest one-year debt reduction in the history of the United States," Clinton said Wednesday morning. "Like our American athletes in Sydney, we've been breaking records and have come a long way."In June, the administration predicted the surplus would be $211 billion, and would increase by as much as $1 trillion over the next 10 years.Clinton also announced the federal government paid down the national debt by $223 billion this year, and by more than $360 billion since 1998, the largest debt reduction in U.S. history…
http://articles.cnn.com/2000-09-27/politics/clinton.surplus_1_budget-surplus-national-debt-fiscal-discipline?_s=PM:ALLPOLITICS
November 26, 2001: 1:58 p.m. ET
Economists call it recession
NEW YORK (CNN/Money) - The world's largest economy sank into a recession in March, ending 10 years of growth that was the longest expansion on record in the United States, a group of economists that dates U.S. business cycles said Monday…
http://money.cnn.com/2001/11/26/economy/recession/
Article below was written in 1998:
Think big deficits cause recessions?
Think again!
BY
FREDERICK C. THAYER
The chairman of the Republican National Committee predicts that a recession is on the way, blaming the usual suspects - deficits, regulations and taxes. His prediction is probably correct, but his reasoning is not. The culprit is very probably the recent reductions in the federal deficit as a percentage of Gross Domestic Product. The record of history is totally at odds with economic principles and textbooks.
The annual deficit (spending minus revenues) has dropped from 4.9 to 2.3 percent of GDP since 1992.
This is the same pattern that immediately preceded the recession of 1990-91 that became a campaign issue in 1992.
The "recovery" that had begun in 1991 was not all that evident by mid-1992. Indeed, the beginning and end of "official" recessions can only be identified long after the fact.
Technically, recession occurs when the economy experiences negative economic growth for two quarters (six months). It then takes some time for the National Bureau of Economic Research to collect data and announce the beginning or end, a process that can take a year or more. If recession begins this year, we will know for sure only well into 1997, but the immediate effects will be quite visible.
I am not an economic forecaster, but I have uncovered unusual relationships that connect reductions in the national debt with major economic depressions, rising annual deficits with economic growth, and reduced annual deficits with economic contraction and recessions.
The record of history is clear and wholly consistent. Increases in the national debt and annual deficits never have harmed the economy, always have helped it. Significant reductions in the debt and the deficits never have helped, always have hurt. The record divides itself into two periods.
From the origins to World War II
In its first 150 years, the government periodically undertook systematic multi-year reductions in the national debt by taking in more revenues than it spent.
Each of six such sustained periods led to one of the six major depressions in our history. The last three of these crashes were the truly significant depressions of the industrial era.
This is the record:
1. 1817-21: In five years, the national debt was reduced by 29 percent, to $90 million. A depression began in 1819.
2. 1823-36: In 14 years, the debt was reduced by 99.7 percent, to $38,000. A depression began in 1837.
3. 1852-57: In six years, the debt was reduced by 59 percent, to $28.7 million. A depression began in 1857..
4. 1867-73: In seven years, the debt was reduced by 27 percent, to $2.2 billion. A depression began in 1873.
5. 1880-93: In 14 years, the debt was reduced by 57 percent, to $1 billion. A depression began in 1893.
6. 1920-30: In 11 years, the debt was reduced by 36 percent, to $16.2 billion. A depression began in 1929.
There have been no such multiyear budget surpluses and debt reductions since World War II and, significantly, no major new depression. The record suggests that reducing the debt never sustained prosperity, even when the debt was virtually wiped out by 1836. The highest deficits were those of world War II, ranging from 20 to 31 percent of Gross National Product. For a few years following the war, the debt was greater than GNP, the only such case in history. The wartime borrowing and spending actually ended the Great Depression.
Post-World War II
Both political parties pledge to balance the budget by 2002, and all budget-balancers hope ultimately to reduce the national debt. In the meantime, the nine recessions of the depression-free postwar decades have each followed reductions in the annual deficits relative to GDP.
Using data developed by Warren B. Mosler, economic analyst for a Florida investment firm, I suggest how some of the recent recessions have been politically significant:
· Deficit reductions, 1971-74, led to the recession that began at the end of 1973; a slow recovery did not help Gerald Ford in 1976.
· Deficit reductions, 1977-80, gave way to a recession in 1980 that damaged Jimmy Carter's re-election hopes.
· Deficit reductions, 1987-89, were followed by the 1990-91 recession that harmed George Bush.
Meanwhile, the longest period without a recession was from November, 1982 to July, 1990.
The Republicans who now praise that "Reagan boom" never refer to the deficits or blame the Democratic Congress, while Democrats repeatedly attack "Reagan deficits." Neither side seems aware that a steep rise in deficits began in 1981, preceding the "boom" by almost two years.
When deficit reductions finally began in 1987, they paved the way for the next recession. Political irony is everywhere.
When the economy slides downhill, the incumbent president is badly damaged, and it does him little good to proclaim "success" in reducing deficits.
Ronald Reagan suffered no political harm because of the deficits of the 1980s and, even at his advanced age, might have been elected again in 1988 if he had been permitted to run. Whatever citizens say to pollsters, they vote against recessions, not budget deficits.
Driven by what appears to be wholly fallacious economic principles, politicians have put together such monstrosities as the Gramm-Rudman-Hollins deficit-reduction policy and the more recent "zero-sum budgeting" (all new programs must be financed by cuts in existing programs), along with the Clinton administration's "reinvention of government" ("downsizing") to virtually guarantee a new economic disaster, perhaps more serious than any in recent decades.
Extreme danger ahead?
Europe as a whole has been in deep economic trouble for some time, and even Germany now has 11 percent unemployment.
Following the Maastricht criteria the prerequisites for monetary union, European countries are attempting to reduce their annual deficits to the less than 3 percent levels required by the treaty.
There is reason to believe that this effort is hurting European economies which, along with Japan and this country, cannot sell as many consumer goods and services as they need and wish to sell. A spreading recession virus could be very dangerous indeed.
The relationships outlined above deserve serious study, even if they are wholly foreign to widely accepted economic principle that blind even sophisticated analysts to such possibilities. It may be time to question what has been considered unquestionable principle.
http://www.epicoalition.org/docs/thayer.htm
These crack head congressman scheduled the exact time for the cliff to go nuclear and then waited two years to begin talking. These political pinheads are only concerned with saving their hind quarters at the expence of wall street, main street, and the rest of us who voted on these pinheads to represent the people. Nursery school kids could negotiate a better sollution than these do nothing machiavellian dimwits! Congress get your effing act together before the people are forced to rise up with ptch forks and remove you from office!
Well, the dog and pony show is reaching it's finale. The same one they always do. Wait until the nth hour, shove in all the stuff they want so it will be a law with out review, and blame each other afterward. In typical fashion they will do the opposite of what is needed, in this case an unlimited debt ceiling and wipe out SS. And you people let it happen over end over by re electing these clowns. WAY TO GO!
The Republicans already got their deal, at the last debt ceiling increase. Unless the Dems make a better offer, there is nothing else to do except make more spending cuts.
See my post #1.131, go to the link, study the entire FY 2013 Budget Proposal, then list your budget cutting suggestions here. Otherwise STFU up everyone. And I say the same thing to every member of Congress. Until they PUBLISH their individual spending cuts on the Congressional websites, they are ALL do-nothing members of Congress and don't deserve the pay and benefits they receive. Lock them all in the building until they come up with the right combination of taxes and spending cuts (S/B commission would be a good start, even though some of those same Congressional members failed to vote Yes on that commission report, causing it to fail to reach the floor of the two houses of Congress.)
The National Defense Authorization Act of 2013 passed the Senate with a 98-0 vote. The NDAA is a huge federal law that among other things specifies the budget and expenditures for the Department of Defense. The authorization bill determines the agencies responsible for defense, establishes funding levels, and sets the policies under which money will be spent. Policies that are defined under the authorization act include salary and benefit guidelines for all service members, including health care, plus foreign policy items like the economic sanctions against Iran, embassy security and "options for establishing a no-fly zone over civil war-plagued Syria."
The NDAA is a wide-ranging bill that has many controversial sections. For example one section of the act allows governors to request assistance of military reservists to act as first-responders in the event of a hurricane, earthquake, flood, terrorist attack or other disasters. On the service this doesn't appear too controversial, until you think about the subjective definition of "terrorist attack." The NDAA is also an example of where budget needs to be temporarily divorced from policy. No executive worth his MBA would suggest such an action (there is some red meat for you) but there are a number of policy issues contained in the NDAA that need further debate and discussion without impacting the DOD budget and the subsequent appropriations bill.
Given the urgent need to marry national security with responsible fiscal policy, we need to slow down this process so we can fully vet the most controversial elements of the far-reaching bill.
The top 3 are:
1. The Indefinite Detention Clause: The NDAA has become the most controversial element of President Obama's foreign policy. Section 1021 of the NDAA bill of 2012 allowed for the "indefinite detention of American citizens without due process at the discretion of the President." Section 1021 has been challenged as a violation of constitutional principles and the United States Bill of Rights. The indefinite detention clause has been broadly denounced nationally and internationally. It may very well be the only thing that has true bi-partisan support. The Act was strongly opposed by the ACLU, Amnesty International, Human Rights First, Human Rights Watch, and The Center for Constitutional Rights, the Cato Institute, Reason Magazine and The Council on American-Islamic Relations. It was criticized in editorials published in The New York Times, Al-Jazeera, and The Guardian. The ACLU said, "The statute is particularly dangerous because it has no temporal or geographic limitations, and can be used by this and future presidents to militarily detain people captured far from any battlefield." This year's bill contains amendments introduced in the Senate and the House to remove the indefinite detention clause. The House included sections 1031 through 1033, which affirms the right of habeas corpus and the Constitutional right of due process for American citizens. Senator Rand Paul (R–Ky.) a leading opponent of the clause pointed out, "the bill this year contained the amendment I supported which sharply limited the detention power, and eliminated it entirely for American citizens in the US."
2. Intrusion Detection and Network Penetration for Defense Contractors: Senator Carl Levin (D-Mich.) has introduced an amendment to require defense contractors to disclose incidents of cyber intrusion. The amendment seeks to turn what is now a voluntary program of disclosure into a mandatory requirement. Politico quoted Levin, "it's so obvious that if a defense contractor with classified information has their networks penetrated and attacked, then the government has to know about that." Mark Jaycox, a policy analyst at the Electronic Frontier Foundation told Mother Jones. DoD has been adamant about inserting a clause in contracts that mandates reporting of security breaches. The government can use this information to defend against threats. Cyber intrusion detection and reporting is a legitimate concern. In 2009, Chinese spies hacked the Pentagon's $300 billion F-35 fighter jet project. The Diplomat noted that in 2012 China introduced a stealth fighter that was "essentially an American stealth fighter with Chinese paintwork."
In a complementary measure the Senate is also requesting that vendors submit the source code for their software for security testing and verification or follow a specific set of security verification guidelines. Writing for LawfareBlog.com, Paul Rosenzweig, an expert in homeland security, explained that, according to section 936 of the NDAA, "upon request, contractors would be required to give DoD access to 'equipment or information' to determine if any classified 'information created by or for' the DoD had been 'successfully exfiltrated.'"
3. The Continuing Buildup of the Military-Industrial Complex Vis-à-Vis the Fiscal Cliff: Marine Corps Times reports the $650 billion bill contains "$88.5 billion more for ongoing wars" and "would add $60 billion to the Navy's plans for the F-18 fighter program." The newsletter said, "the bill supports the Pentagon’s plans for the Air Force to spend $3.7 billion on the F-35 fighter program and the Navy to spend $3.2 billion, on what is the biggest weapon program in history." Three billion was approved for the Army to enhance its ground services capabilities and to purchase Blackhawk helicopters. The Navy was approved for an additional $778 million for the "advance procurement for attack submarines." The Marine Corps Times said, "the Armed Services Committee's proposals on major weapon programs were left unscathed." How’s that for the fiscal cliff, the sequestration process and tightening our belts?
Perpare to empeach those soggy T-baggers and throw them into the trash where they belong forever! They are our Taliban.
Ignorant remark.
"Perpare to empeach those soggy T-baggers and throw them into the trash where they belong forever!"
The sad thing is after they're elected, a member of Congress is almost impossible to toss out before the next election.
I keep reading comments by Democrats who insist that the tea party has to go, and I'll confess to previously sharing that belief, but the fact is that they're good for our party. In fact, we couldn't have drawn a better spoiler if we had tried.
When fragmented right-wing extremists such as the KKK, the John Birch Society, and various Aryan Nation and white supremacy groups found a welcoming home in the tea party, they coalesced and gained a false legitimacy through their self-imposed affiliation with, and subsequent takeover of, the Republican Party. This 'tail wagging the dog' has created a virtual anarchy in the House, with the rest of the party frantically trying to avoid the biting jaws of their creation gone amuck, while their leaders publicly despair of ever reaching agreements with their own people.
In the past, Democrats have had to contend with Independents like Ross Perot, who acted the spoiler and drained votes from the Democrats. They could do that because their views were sufficiently moderate to sway right-leaning Democrats who would rather choke than ever vote Republican.
Today, however, the tea party controls from the extreme right, alienating the moderate Republicans and forcing them to vote Democrat for lack of a legitimate third party alternative. President Obama wasn't reelected because most people wanted him; he was reelected because most people didn't want the tea party anywhere near their lives.
The best thing that can happen to the Democrats is for the tea party to remain in their marginalized position of power. By extension, this marginalizes the Republican Party in a manner and magnitude that the Democrats could never achieve on their own, as was evident in this past election when the tea party forced the Republicans to field candidates like Bachmann, Palin, Angle and Mourdock.
The real beauty of this fact is that it will take the GOP many, many losing election cycles before they can break the tea party stranglehold and have any chance at returning to their former stature. The reason for this is of their own making – by gerrymandering their districts the way they did, they've all but guaranteed that the tea party can't be defeated without primary challenges, something that never bodes well for the incumbent party.
While the Republicans spend the next several election cycles trying to deal with their internal civil war, the Democrats can take advantage of the lull in serious opposition to regain powerful majorities in Congress, as well as own the White House for at least the next 12 years, and create a legacy that would've been all but impossible without the help of the tea party.
Without the tea party this county would already be Greece. You just can not trust Dumbo with money. He is just to freaking stupid to understand. No new taxes period. Quit spending..easy enough for you lefties.
nvpat,
I understand the sentiment and while the Tea Party might be good for the Democratic Party, it won't be good for America. We need two functional parties for America to thrive, but because of the Tea party, the Republican party is no longer functions properly and as a result we risk going over the fiscal cliff, defaulting on our debt, and generally no getting anything done. While I'm a Democrat, I'm an American first.
You have an interesting theory, but I don't think having the Republican party shattered is good for the country. The Democrats do a better job fiscally, and certainly socailly, but there always needs to be some sort of counterbalance. The problem now is as you said, the Republican Party has been taken over. I could certainly see some red dog dems uniting with the Republican old guard to produce a party that at least was potentially sane.
EXCELLENT REMARK!!!.....and truthful too....
Thank GOD for the Tea Party. They obviously made a difference in stopping the out of control spending and are doing a mighty fine job at it consistently since 2010 and even now.
When you liberals are all huffy and puffy and butthurt, you bring up race etc... Whatever pat.
I am a Conservative Tea Party supporter and I am whatever you say we are. So now what?
The Teabillys are the worst thing that ever happened to the Republican party, they're flat out obstructionists and they have to, need to go and if Republicons are smart at ALL, THEY WILL MAKE IT HAPPEN.
Getit?-1145883
Perpare to empeach.... That's IMPEACH
It was just reported that the fall that Hillary Clinton had, she has a blood clot, and is hospitalized, and the Republicans accused her of deliberately avoiding to testify about Benghazi, once again the Republicans shoot themselves in the foot.
Get well soon Hillary!
Chris, you're correct and I agree with you that being an American comes first. My point was what the future would appear to hold, not what I would like it to be. However, to put America first, we need to protect it from extremists and move towards a more moderate center, and I honestly don't see that happening for a long time. The Republicans are the only ones who can remove the tea party, and thereby contribute to your goal and mine, but it'll take a long time for them to realize it.
Tiberius, yes, we need the balance a second major party brings, and the Republicans used to be that party. If they could throw off the extremists and attract some moderates back into the fold, they'd return to the position they once held. However, we're going to continue to have this imbalance until we decide we won't be hijacked by vocal minorities any more.
@Tiberius Gracchus #4.6: I note your sentiments and somewhat agree. Ignorance and greed are the real problems with the Republicans. Tea party, through mostly ignorance, has exaggerated these to the point of becoming fearfully close to destroying both, the political and economic tenets upon which the ideals of this Republic have been historically expressed, and in fact, are the basis of our particular system.
Tea party republicans are much like owning a herd of horses, all with at least one broken leg. Yes, we might eventually shoot 'em all, but that will do little to fix whatever caused 'em to break their legs to begin with, or to enlighten enough buyer's not to buy such again.
I think you should be reported to DHS for your inflammatory hate speech which may lead to either you or another angry liberal to act on what you are suggesting. Listen to your president and tone down the rhetoric. have you learned nothing from recent events?
The Tea Party/Conservatives or in other words, your opposition are doing a fine job obviously. Just look at how their representation on the matters have you libs in such a hissy fit. As of yet none of you have mentioned a word about irresponsible spending and the massive debt.
Yes, thank you tea party extremists, you have assured many a democrat election win for the foreseeable future. Teabaggers, keep the bat @!$%# crazy going for the good of our great country!
Name 1 incident of "extremism" by a Tea Party member either at a protest, on TV or elsewhere. What about the extreme 7 trillion your man has spent in his first term. Bush was termed by obammy as unpatriotic for racking up 4 trillion in his 8 years. So what does that make your president, treasonous?
AmericanCitizen-1646928 #4.15
Did you even listen to yourself when you wrote that post..
Since when have the American people started to patrol each other and "threaten" to turn them into the Gestapo.
You sound just like one of Hilter's Brown Shirts...
Is this what Our Country has come too?
The National Defense Authorization Act of 2013 passed the Senate with a 98-0 vote. The NDAA is a huge federal law that among other things specifies the budget and expenditures for the Department of Defense. The authorization bill determines the agencies responsible for defense, establishes funding levels, and sets the policies under which money will be spent. Policies that are defined under the authorization act include salary and benefit guidelines for all service members, including health care, plus foreign policy items like the economic sanctions against Iran, embassy security and "options for establishing a no-fly zone over civil war-plagued Syria."
The NDAA is a wide-ranging bill that has many controversial sections. For example one section of the act allows governors to request assistance of military reservists to act as first-responders in the event of a hurricane, earthquake, flood, terrorist attack or other disasters. On the service this doesn't appear too controversial, until you think about the subjective definition of "terrorist attack." The NDAA is also an example of where budget needs to be temporarily divorced from policy. No executive worth his MBA would suggest such an action (there is some red meat for you) but there are a number of policy issues contained in the NDAA that need further debate and discussion without impacting the DOD budget and the subsequent appropriations bill.
Given the urgent need to marry national security with responsible fiscal policy, we need to slow down this process so we can fully vet the most controversial elements of the far-reaching bill.
The top 3 are:
1. The Indefinite Detention Clause: The NDAA has become the most controversial element of President Obama's foreign policy. Section 1021 of the NDAA bill of 2012 allowed for the "indefinite detention of American citizens without due process at the discretion of the President." Section 1021 has been challenged as a violation of constitutional principles and the United States Bill of Rights. The indefinite detention clause has been broadly denounced nationally and internationally. It may very well be the only thing that has true bi-partisan support. The Act was strongly opposed by the ACLU, Amnesty International, Human Rights First, Human Rights Watch, and The Center for Constitutional Rights, the Cato Institute, Reason Magazine and The Council on American-Islamic Relations. It was criticized in editorials published in The New York Times, Al-Jazeera, and The Guardian. The ACLU said, "The statute is particularly dangerous because it has no temporal or geographic limitations, and can be used by this and future presidents to militarily detain people captured far from any battlefield." This year's bill contains amendments introduced in the Senate and the House to remove the indefinite detention clause. The House included sections 1031 through 1033, which affirms the right of habeas corpus and the Constitutional right of due process for American citizens. Senator Rand Paul (R–Ky.) a leading opponent of the clause pointed out, "the bill this year contained the amendment I supported which sharply limited the detention power, and eliminated it entirely for American citizens in the US."
2. Intrusion Detection and Network Penetration for Defense Contractors: Senator Carl Levin (D-Mich.) has introduced an amendment to require defense contractors to disclose incidents of cyber intrusion. The amendment seeks to turn what is now a voluntary program of disclosure into a mandatory requirement. Politico quoted Levin, "it's so obvious that if a defense contractor with classified information has their networks penetrated and attacked, then the government has to know about that." Mark Jaycox, a policy analyst at the Electronic Frontier Foundation told Mother Jones. DoD has been adamant about inserting a clause in contracts that mandates reporting of security breaches. The government can use this information to defend against threats. Cyber intrusion detection and reporting is a legitimate concern. In 2009, Chinese spies hacked the Pentagon's $300 billion F-35 fighter jet project. The Diplomat noted that in 2012 China introduced a stealth fighter that was "essentially an American stealth fighter with Chinese paintwork."
In a complementary measure the Senate is also requesting that vendors submit the source code for their software for security testing and verification or follow a specific set of security verification guidelines. Writing for LawfareBlog.com, Paul Rosenzweig, an expert in homeland security, explained that, according to section 936 of the NDAA, "upon request, contractors would be required to give DoD access to 'equipment or information' to determine if any classified 'information created by or for' the DoD had been 'successfully exfiltrated.'"
3. The Continuing Buildup of the Military-Industrial Complex Vis-à-Vis the Fiscal Cliff: Marine Corps Times reports the $650 billion bill contains "$88.5 billion more for ongoing wars" and "would add $60 billion to the Navy's plans for the F-18 fighter program." The newsletter said, "the bill supports the Pentagon’s plans for the Air Force to spend $3.7 billion on the F-35 fighter program and the Navy to spend $3.2 billion, on what is the biggest weapon program in history." Three billion was approved for the Army to enhance its ground services capabilities and to purchase Blackhawk helicopters. The Navy was approved for an additional $778 million for the "advance procurement for attack submarines." The Marine Corps Times said, "the Armed Services Committee's proposals on major weapon programs were left unscathed." How’s that for the fiscal cliff, the sequestration process and tightening our belts?
Oaama didn't win because of the Tea Party, he won because of the unions, latinos, and career system suckers that thought he was going to "bring home the bacon" for them. Greedy, corrupt parasites.
This mess 100% the fault of the voters! 94% of the incuments were returned to office in November and they had an approval rating of 9%! 21 of 22 senators were returned and they had illgally not passed a budget in 3+ years! This is your fault!
Care to pontificate on that Senator Sessions? If you're talking about selling out the middle class to keep your billionaire butt buddies happy, yea you're right, that's an obstacle.
Tony
Historically, increases in revenue precedes increases in spending several times higher than the actual amount of new revenue collected.
And Tony, explain why England is experiencing a decrease in revenue when the only change in tax rates was to increase taxes on the rich back in 2010.
"The biggest obstacle we face is that President Obama and Majority Leader Reid continue to insist on new taxes
They are NOT new taxes. When the Republican controlled Bush congress passed these tax cuts, they put a sunset clause on them. That's becaue they know in the out years these cuts bout bust the budget.
"President Obama and Majority Leader Reid continue to insist on new taxes that will be used to fund more new spending,"
Since you probably listen to only Limbaugh the junkie and Fox, you likely don't know that adjusted for inflation, you have to go back to the Eisenhower administration to find a president who has increased spending LESS than President Obama. The increases in spending since we've seen over the last 4 years were due to programs that were on the books long before Preaident Obama took office.
Who Is The Smallest Government Spender Since Eisenhower? Would You Believe It's Barack Obama?
It’s enough to make even the most ardent Obama cynic scratch his head in confusion.
Amidst all the cries of Barack Obama being the most prolific big government spender the nation has ever suffered, Marketwatch is reporting that our president has actually been tighter with a buck than any United States president since Dwight D. Eisenhower.
Who knew?
Check out the chart –
So, how have the Republicans managed to persuade Americans to buy into the whole “Obama as big spender” narrative?
It might have something to do with the first year of the Obama presidency where the federal budget increased a whopping 17.9% —going from $2.98 trillion to $3.52 trillion. I’ll bet you think that this is the result of the Obama sponsored stimulus plan that is so frequently vilified by the conservatives…but you would be wrong.
The first year of any incoming president term is saddled—for better or for worse—with the budget set by the president whom immediately precedes the new occupant of the White House. Indeed, not only was the 2009 budget the property of George W. Bush—and passed by the 2008 Congress—it was in effect four months before Barack Obama took the oath of office.
Accordingly, the first budget that can be blamed on our current president began in 2010 with the budgets running through and including including fiscal year 2013 standing as charges on the Obama account, even if a President Willard M. Romney takes over the office on January 20, 2013.
So, how do the actual Obama annual budgets look?
Courtesy of Marketwatch-
No doubt, many will wish to give the credit to the efforts of the GOP controlled House of Representatives. That’s fine if that’s what works for you.
However, you don’t get to have it both ways. Credit whom you will, but if you are truly interested in a fair analysis of the Obama years to date—at least when it comes to spending—you’re going to have to acknowledge that under the Obama watch, even President Reagan would have to give our current president a thumbs up when it comes to his record for stretching a dollar.
Of course, the Heritage Foundation is having none of it, attempting to counter the actual numbers by pretending that the spending initiated by the Bush Administration is the fault of Obama. As I understand the argument Heritage is putting forth —and I have provided the link to the Heritage rebuttal so you can decide for yourself—Marketwatch, in using the baseline that Obama inherited, is making it too easy on the President.
But then, with the Heritage Foundation being the creator of the individual mandate concept in healthcare only to rebut the same when it was no longer politically convenient, I’m not quite sure why anyone believes much of anything they have to say any longer. With their history of reversing course for convenience, I can’t help but wonder, should they find themselves reviewing the spending record of a President Romney four years from today, whether they might be tempted to use the Obama numbers as the baseline for such a new Administration.
That is nowhere to be found on Marketwatch........you're a liar
To..trouble'''''
Obama spending binge never happened
Commentary: Government outlays rising at slowest pace since 1950s
May 22, 2012|Rex Nutting, MarketWatch
http://articles.marketwatch.com/2012-05-22/commentary/31802270_1_spending-federal-budget-drunken-sailor
Spending increase under George W Bush: 16 percent
Spending increase under Ronald Reagan: 9.6 percent
Spending increase under Barack Obama: 9.9 percent
I don't see the massive spending people complain about..........
And let their be no question to who is behind the rebuttal Rex Nutting got over this
Right-wing think tanks rule DC
ultra-conservative American Enterprise Institute (AIE).
and
Peter J. Ferrara analyst for The Heartland Institute.
last modified on 11 August 2008
Peter Joseph Ferrara heads the Social Security Project of the Free Enterprise Fund, which supports the Bush administration's effort to privatize Social Security.
Peter Ferrara, a "senior policy adviser" at the conservative Institute for Policy Innovation, admitted that he "took money" from Jack Abramoff "to write op-ed pieces boosting the lobbyist's clients. 'I do that all the time,' Ferrara [said]. 'I've done that in the past, and I'll do it in the future'," Eamon Javers reported December 16, 2005, in Business Week. Ferrara said "he doesn't see a conflict of interest in taking undisclosed money to write op-ed pieces because his columns never violated his ideological principles."
http://www.sourcewatch.org/index.php?title=Peter_J._Ferrara
Peter Ferrara
Senior Fellow, Entitlement and Budget Policy
Peter Ferrara is senior fellow for entitlement and budget policy at The Heartland Institute, a senior fellow at the Social Security Institute, and the general counsel of the American Civil Rights Union.
Recent OpEds
Is President Obama Really A Socialist? Let’s Analyze Obamanomics
December 23, 2012
Fewer Guns, More Crime
December 21, 2012
http://heartland.org/peter-ferrara
The Heartland Institute, according to the Institute's web site, is a nonprofit "think tank" that questions the reality and import of climate change, second-hand smoke health hazards, and a host of other issues that might seem to require government regulation. A July 2011 Nature editorial points out the group's lack of credibility:
http://www.sourcewatch.org/index.php?title=Heartland_Institute
and the Heritage foundation what more needs to be said
Gotta love it...
From the right wing Heritage Foundation
The North American Free Trade Agreement: Ronald Reagan's Vision Realized
November 23, 1993
Long-Standing Support for Free Trade with Mexico. Ronald Reagan first proposed a free trade agreement between the U.S. and Mexico in his 1980 presidential campaign. Since that time, The Heritage Foundation is proud of the role it has played in articulating President Reagan's vision of free trade in Latin America and around the world. Since the mid-1980s, Heritage analysts have been stressing that a free trade agreement with Mexico not only will stimulate economic growth in the U.S., but will make Mexico a more stable and prosperous country. Heritage has published over three dozen studies stressing the benefits of free trade in North America.
http://www.heritage.org/Research/Reports/1993/11/EM371-The-North-American-Free-Trade-Agreement
If you quote Rex Nutting you are truly an idiot
To..trouble """
Your a liar
What a hoot
"I don't see the massive spending people complain about.........."
The only time a Republican opposes spending is when a Democrat is on the White House. Remember -- George W. Bush and his Republican Congress inherited the largest surplus of all times and within 3 years turned that into a deficit.
No one said anything about new spending except Fixed News. Republicans can't even approve their own bills without the tea baggers voting everything down. Boehner and his buddies are a joke.
The National Defense Authorization Act of 2013 passed the Senate with a 98-0 vote. The NDAA is a huge federal law that among other things specifies the budget and expenditures for the Department of Defense. The authorization bill determines the agencies responsible for defense, establishes funding levels, and sets the policies under which money will be spent. Policies that are defined under the authorization act include salary and benefit guidelines for all service members, including health care, plus foreign policy items like the economic sanctions against Iran, embassy security and "options for establishing a no-fly zone over civil war-plagued Syria."
The NDAA is a wide-ranging bill that has many controversial sections. For example one section of the act allows governors to request assistance of military reservists to act as first-responders in the event of a hurricane, earthquake, flood, terrorist attack or other disasters. On the service this doesn't appear too controversial, until you think about the subjective definition of "terrorist attack." The NDAA is also an example of where budget needs to be temporarily divorced from policy. No executive worth his MBA would suggest such an action (there is some red meat for you) but there are a number of policy issues contained in the NDAA that need further debate and discussion without impacting the DOD budget and the subsequent appropriations bill.
Given the urgent need to marry national security with responsible fiscal policy, we need to slow down this process so we can fully vet the most controversial elements of the far-reaching bill.
The top 3 are:
1. The Indefinite Detention Clause: The NDAA has become the most controversial element of President Obama's foreign policy. Section 1021 of the NDAA bill of 2012 allowed for the "indefinite detention of American citizens without due process at the discretion of the President." Section 1021 has been challenged as a violation of constitutional principles and the United States Bill of Rights. The indefinite detention clause has been broadly denounced nationally and internationally. It may very well be the only thing that has true bi-partisan support. The Act was strongly opposed by the ACLU, Amnesty International, Human Rights First, Human Rights Watch, and The Center for Constitutional Rights, the Cato Institute, Reason Magazine and The Council on American-Islamic Relations. It was criticized in editorials published in The New York Times, Al-Jazeera, and The Guardian. The ACLU said, "The statute is particularly dangerous because it has no temporal or geographic limitations, and can be used by this and future presidents to militarily detain people captured far from any battlefield." This year's bill contains amendments introduced in the Senate and the House to remove the indefinite detention clause. The House included sections 1031 through 1033, which affirms the right of habeas corpus and the Constitutional right of due process for American citizens. Senator Rand Paul (R–Ky.) a leading opponent of the clause pointed out, "the bill this year contained the amendment I supported which sharply limited the detention power, and eliminated it entirely for American citizens in the US."
2. Intrusion Detection and Network Penetration for Defense Contractors: Senator Carl Levin (D-Mich.) has introduced an amendment to require defense contractors to disclose incidents of cyber intrusion. The amendment seeks to turn what is now a voluntary program of disclosure into a mandatory requirement. Politico quoted Levin, "it's so obvious that if a defense contractor with classified information has their networks penetrated and attacked, then the government has to know about that." Mark Jaycox, a policy analyst at the Electronic Frontier Foundation told Mother Jones. DoD has been adamant about inserting a clause in contracts that mandates reporting of security breaches. The government can use this information to defend against threats. Cyber intrusion detection and reporting is a legitimate concern. In 2009, Chinese spies hacked the Pentagon's $300 billion F-35 fighter jet project. The Diplomat noted that in 2012 China introduced a stealth fighter that was "essentially an American stealth fighter with Chinese paintwork."
In a complementary measure the Senate is also requesting that vendors submit the source code for their software for security testing and verification or follow a specific set of security verification guidelines. Writing for LawfareBlog.com, Paul Rosenzweig, an expert in homeland security, explained that, according to section 936 of the NDAA, "upon request, contractors would be required to give DoD access to 'equipment or information' to determine if any classified 'information created by or for' the DoD had been 'successfully exfiltrated.'"
3. The Continuing Buildup of the Military-Industrial Complex Vis-à-Vis the Fiscal Cliff: Marine Corps Times reports the $650 billion bill contains "$88.5 billion more for ongoing wars" and "would add $60 billion to the Navy's plans for the F-18 fighter program." The newsletter said, "the bill supports the Pentagon’s plans for the Air Force to spend $3.7 billion on the F-35 fighter program and the Navy to spend $3.2 billion, on what is the biggest weapon program in history." Three billion was approved for the Army to enhance its ground services capabilities and to purchase Blackhawk helicopters. The Navy was approved for an additional $778 million for the "advance procurement for attack submarines." The Marine Corps Times said, "the Armed Services Committee's proposals on major weapon programs were left unscathed." How’s that for the fiscal cliff, the sequestration process and tightening our belts?
The devil in me wants to kick old turtle right the teeth - hard! ;)
So violence is the first thought you have to solving a problem?
I want to slap that smirk off of Bitch McConnell's face.
Cute.....and if THE ONE's name was in RTypo's post you get a knock on the door from the Thought Police.
So what's choco-rations down to today? Double plus good your post. Old thinkers use old speak, but you use NEWS SPEAK.
Obama want to tax the proletariat and bourgeoisie. He loves the fiscal cliff. He helped invent it.
He just wants to grow more government-----hey, did anyone catch the executive order to give all these clowns from Boehner to Bidden a pay increase??????
Ever work for a poor person? Big BROTHER does.....US.
Wake up meatball!
The National Defense Authorization Act of 2013 passed the Senate with a 98-0 vote. The NDAA is a huge federal law that among other things specifies the budget and expenditures for the Department of Defense. The authorization bill determines the agencies responsible for defense, establishes funding levels, and sets the policies under which money will be spent. Policies that are defined under the authorization act include salary and benefit guidelines for all service members, including health care, plus foreign policy items like the economic sanctions against Iran, embassy security and "options for establishing a no-fly zone over civil war-plagued Syria."
The NDAA is a wide-ranging bill that has many controversial sections. For example one section of the act allows governors to request assistance of military reservists to act as first-responders in the event of a hurricane, earthquake, flood, terrorist attack or other disasters. On the service this doesn't appear too controversial, until you think about the subjective definition of "terrorist attack." The NDAA is also an example of where budget needs to be temporarily divorced from policy. No executive worth his MBA would suggest such an action (there is some red meat for you) but there are a number of policy issues contained in the NDAA that need further debate and discussion without impacting the DOD budget and the subsequent appropriations bill.
Given the urgent need to marry national security with responsible fiscal policy, we need to slow down this process so we can fully vet the most controversial elements of the far-reaching bill.
The top 3 are:
1. The Indefinite Detention Clause: The NDAA has become the most controversial element of President Obama's foreign policy. Section 1021 of the NDAA bill of 2012 allowed for the "indefinite detention of American citizens without due process at the discretion of the President." Section 1021 has been challenged as a violation of constitutional principles and the United States Bill of Rights. The indefinite detention clause has been broadly denounced nationally and internationally. It may very well be the only thing that has true bi-partisan support. The Act was strongly opposed by the ACLU, Amnesty International, Human Rights First, Human Rights Watch, and The Center for Constitutional Rights, the Cato Institute, Reason Magazine and The Council on American-Islamic Relations. It was criticized in editorials published in The New York Times, Al-Jazeera, and The Guardian. The ACLU said, "The statute is particularly dangerous because it has no temporal or geographic limitations, and can be used by this and future presidents to militarily detain people captured far from any battlefield." This year's bill contains amendments introduced in the Senate and the House to remove the indefinite detention clause. The House included sections 1031 through 1033, which affirms the right of habeas corpus and the Constitutional right of due process for American citizens. Senator Rand Paul (R–Ky.) a leading opponent of the clause pointed out, "the bill this year contained the amendment I supported which sharply limited the detention power, and eliminated it entirely for American citizens in the US."
2. Intrusion Detection and Network Penetration for Defense Contractors: Senator Carl Levin (D-Mich.) has introduced an amendment to require defense contractors to disclose incidents of cyber intrusion. The amendment seeks to turn what is now a voluntary program of disclosure into a mandatory requirement. Politico quoted Levin, "it's so obvious that if a defense contractor with classified information has their networks penetrated and attacked, then the government has to know about that." Mark Jaycox, a policy analyst at the Electronic Frontier Foundation told Mother Jones. DoD has been adamant about inserting a clause in contracts that mandates reporting of security breaches. The government can use this information to defend against threats. Cyber intrusion detection and reporting is a legitimate concern. In 2009, Chinese spies hacked the Pentagon's $300 billion F-35 fighter jet project. The Diplomat noted that in 2012 China introduced a stealth fighter that was "essentially an American stealth fighter with Chinese paintwork."
In a complementary measure the Senate is also requesting that vendors submit the source code for their software for security testing and verification or follow a specific set of security verification guidelines. Writing for LawfareBlog.com, Paul Rosenzweig, an expert in homeland security, explained that, according to section 936 of the NDAA, "upon request, contractors would be required to give DoD access to 'equipment or information' to determine if any classified 'information created by or for' the DoD had been 'successfully exfiltrated.'"
3. The Continuing Buildup of the Military-Industrial Complex Vis-à-Vis the Fiscal Cliff: Marine Corps Times reports the $650 billion bill contains "$88.5 billion more for ongoing wars" and "would add $60 billion to the Navy's plans for the F-18 fighter program." The newsletter said, "the bill supports the Pentagon’s plans for the Air Force to spend $3.7 billion on the F-35 fighter program and the Navy to spend $3.2 billion, on what is the biggest weapon program in history." Three billion was approved for the Army to enhance its ground services capabilities and to purchase Blackhawk helicopters. The Navy was approved for an additional $778 million for the "advance procurement for attack submarines." The Marine Corps Times said, "the Armed Services Committee's proposals on major weapon programs were left unscathed." How’s that for the fiscal cliff, the sequestration process and tightening our belts?
Politicians from both sides are a bunch of little drama queen brats. I can not wait unti elections of 2014. Maybe just maybe, we the American people will get smart and vote out all incumbents.
Don't count on it- they didn't even vote out Jesse Jackson Jr. who was missing in action for the 6 months before the election because he was being investigated for misappropriation of funds (theft) so he suddenly developed bipolar disease and languishing in the posh section of the mental hospital. Chicago voters are idiots. And that's just one example- the bigger one was Obama who was re elected with a miserable record.
Enuf already.
No cliff deal. NO debt limit increase.
Take the credit card away from the wannabe Emperor and the Spendocrats and let them prioritize spending based on what actually comes in.
Then who will pay off Bush's two wars? Certainly not the defense contractors that made a fortune off of the blood of our fighting men and women. Oh yea, that's right. I know you rwnj's think you have a lock on the military, but that's far from the truth. Most of the scarred and wounded can't stand the way you chicken hawks act like it's your own private army at your disposal.
@tony,
You will recall that BOTH of "Bush's" wars were approved by a MAJORITY OF BOTH PARTIES in Congress.
Sorry pal, but the Democrats own them as much as the GOP.
And by the way, you cant pay them off by borrowing!
Talk about ignorant comments.
True story - Talking to my father before the election and he asked me a question. do you believe that Barack Obama is going to suspend the Constitution and run for a 3rd term. We were having a serious conversation up to that point. I have to say, I laughed at him. I said Dad, if I believe that then I would have had to believe the FAR LEFT that was saying the same about George Bush 4 years ago. All he could say was, I never heard that before. Of course not, it was a conspiracy theory by the fringe. Unfortunately the RIGHT fringe speaks louder and is followed by the Repuglicons instead of ignored like we on the Left do. Just saying!
@ enuf "And by the way, you cant pay them off by borrowing!"
So why don't we raise some taxes to pay for them? Actually, why did we CUT taxes in the middle of wartime? the first time in our HISTORY!
"the FAR LEFT that was saying the same about George Bush"
I remember it being said more than a few times about Ronnie.
Oh boy enuf, what a simplistic approach to things. Yes, enuf already - of you sadly to say. Enough of you.
Hey, enuf - your name is interesting. "enuf of our elected ones" - Then you only rail against Democrats. So you mean only the Democratic elected ones, right? Schmuk.
The democrats call Iraq and Afgan wars the Bush Wars, Well Obama has not ended them like he said he would, for good reason, which means he must of found a reason to continue them and even expand the Afgan war. I would think by know if the economy were improved he would claim credit, but since his policys for the past 4 years have done nothing to turn things around, (like FDR's plan) He pins the blame on Bush.
You gotta love the right ...bush lied us into a war with Iraq and it's the democrats fault
Some of you really need to check your facts before you make ignorant comments. Especially you " had enuf of our elected ones".
jam -
I'm sorry if the truth hurts, but you can check the Congressional record. The democrats were for the wars before they were against them.
"Unfortunately the RIGHT fringe speaks louder and is followed by the Repuglicons instead of ignored like we on the Left do."
They said at the end of Clinton's second germ he was going to start a race war, declare marshal law and then refuse to leave office. No lie is too big for these clowns to tell.
Term limits please
When will the Democrats and President learn that cutting social Security is BAD for the economy? Social Security checks are spent entirely EVERY month. This creates jobs. Get someone in this administration that has a clue about business.
Mr. President! You refuse to use the new taxes to cut the debt. YOU refuse to cut ANY costs of your administration and the country. WE all have had to cut. Start with your wife's travel budget. We had to start with ours. Get a clue sir.
FIX IT!!!!
Yeah....let's SPEND the $600 BILLION dollar tax increase....these guys are idiots
no sh.t!! dem sum dum mo foz dare runnin oops i meant ruinin dis plaze
There is PLENTY of time... they will start at 11AM......
tHAT GIVES THEM 13 HRS.
loooooooooooooool thats funny!! HAHAHAHAA
4 hours of naming things after Reagan, 4 hours of trying to repeal Obamacare, 4 hours of legislation regarding lady parts, and 1 hour of blaming Obama why things didn't get done.
Politicians from both sides are a bunch of drama queen little brats. I look forward to midterms where if we are lucky, the American voters will be wise enough to vote out all incumbents. The voter revolution will have to start in the primaries.
We had a chance to change things one month ago. Time will not change anything. The People wanted this split government. As long as people have a hand out they will keep getting the same fools elected.
Every single person that voted for OBAMACare without reading the bill should be gone by now. Nevada should NEVER have elected harry Reid again and do that to the rest of the country. Does no one voting in Nevada kown their unemployment rate and debt total and the debt total of the US?
These people want a cliff, they want to leap off of it. You actually think the elected officials in this country care about those of us that elected them...REALLY? It's time for all incumbents to go. The party doesn't matter, if they are in, they need to be out. We need fresh faces all around.
Obama's MTP interview today PROVED that he didn't want a solution.
What kind of fool goes on TV and keeps up with the party line and blame game in the middle of delicate, last-minute negotiations?
Obama is going to end up with a lame duck second term and America is going to end up becoming Greece.
ummm, John Boehner?
Obama wants the fiscal cliff, it will give him the billions of tax dollars to spend, and the cuts to the military he wanted. For him it is a win, win. For the rest of the county it is a lose, lose. More jobs will be lost, higher unemployment, and our credit rating will decline again. You can see even limiting the increases in SS payments is a non starter for Democrats, So you can see they could never actually cut spending, it is an abonination to them. There will be no compromise. Why should Republicans give in on tax hikes, and get nothing in return? Not to mention the tax hikes will not cut the national debt, and the spending ceiling will be reached by Tuesday. So even if the tax hikes went through it would delay the ceiling by one day. Why not cut spending levels back to where they were just 10 years ago, Problem solved.
Blame needs to be put squarely on the shoulders of the party that deserves it. Obama is quite correct in pointing things out that Boehner and the republicans have continually walked away from the last 2 years. They beleived they could kick this can down the road untill now and then really screw the bottom taxpayers but it didn't work. Obama is offering a tax cut to every single taxpayer in the country and the republicans are turning it down. Obama cannot Constitutionally spend a dime, even to upgrade living quarters in White House without approval of congress.
Yes, joker, squarely on Obama and his 'my way or the highway' attitude. It's really sad that you've been so blinded by your worship of him that you can't see what his policies are doing to this country.
Actually, joker get your facts. Obama wants to INCREASE taxes on everyone earning over $250,000.00 a year, you know, the people that employ people. Have you ever been hired by a poor person?
Since the election, there is such a vacuum in GOP leadership (who is in charge?) and the supporters of The Kochs are still wondering why they lost, all we get on the boards from the right wing is tired, tired, disproven talking points. ZZzzzzzzzzz.
From Wiki: "after the Great Recession which started in 2007, the share of total wealth owned by the top 1% of the population grew from 34.6% to 37.1%, and that owned by the top 20% of Americans grew from 85% to 87.7%. The Great Recession also caused a drop of 36.1% in median household wealth but a drop of only 11.1% for the top 1%.[9][10][11]"
There's a reason that Wiki is not considered a good source for any real research as anyone can edit a wiki article, it can hardly be called unbiased OR entirely accurate.
11Am. Get all your Ole Boy sorry butts in there at 8Am and get it done once and for all. Stop stalling and show the American people you're not a bunch of worthless Jag-offs
Better yet, don't leave at all until you get it done.
On a regular day or holiday I have to be to work at 6:00 AM what is wrong with these people? Senators! Let's take a look at the 12+ bills Harry Reid has on his desk solving this problem that he never even let you see.
Nice to see McConnell smile when we are waiting on THEM to make a decision and help the middle class. He obviously doesn't care. THEY don't care. It's a game and they are taking it on us. That's what bothers me.
Guess you didn't see the photo the other day of Boehner and friends when they were smiling?
A smile indicates nothing.
Well, maybe it does to those with an agenda.
The house bill should have been delt with, amended if nessarry and sent back to the house, instead Reid sits on it for months, then waits until the last day and does what he has done for the past several month and does nothing. Now we will wait until tomorrow for him to finsh is job, which is still to do nothing. The only thing different between having the senate in session and not in session, is more air is availible for the rest of the planet to live on. If the Senate was not mandated in the Constitution I would say disband it, it would make no differance to the government, and would save millions of taxpayer dollars. It is sad that the House that has been doing thier job, has to be linked with the do nothing Senate, who can't even pass a budget bill. (I wonder how they got paid, if it was not in the budget???). The only reason I know he exsists is because I have seen pictures of him sitting in the senate, but that is the most this 2 demential senator has done for the past 4 years. Time to get a person to do the senators job.
So...it's acceptable to come on here as the press secretary for the President of the United States and call members of Congress "greedy white bastards" (Comment 1.2)
The difference between acceptable and unacceptable on here is comical
But the race card is dog-eared......let's go over the cliff
...and take the credit card away from the n e g r o who wants to play Robin Hood
Congress dictates spending. Not the President.
Congress votes on what we spend money on and how much we spend. Not the President.
If the negro as you put it, had control, we wouldn't be at this "fiscal cliff" now would we? He would just be able to set spending as he decides, on what he decides, right?
Don't they teach civics anymore?
had enuf--of bigots. It's the 21st century for crying out loud!
had enuf--of bigots, and drooling tea-bag cretins.
The National Defense Authorization Act of 2013 passed the Senate with a 98-0 vote. The NDAA is a huge federal law that among other things specifies the budget and expenditures for the Department of Defense. The authorization bill determines the agencies responsible for defense, establishes funding levels, and sets the policies under which money will be spent. Policies that are defined under the authorization act include salary and benefit guidelines for all service members, including health care, plus foreign policy items like the economic sanctions against Iran, embassy security and "options for establishing a no-fly zone over civil war-plagued Syria."
The NDAA is a wide-ranging bill that has many controversial sections. For example one section of the act allows governors to request assistance of military reservists to act as first-responders in the event of a hurricane, earthquake, flood, terrorist attack or other disasters. On the service this doesn't appear too controversial, until you think about the subjective definition of "terrorist attack." The NDAA is also an example of where budget needs to be temporarily divorced from policy. No executive worth his MBA would suggest such an action (there is some red meat for you) but there are a number of policy issues contained in the NDAA that need further debate and discussion without impacting the DOD budget and the subsequent appropriations bill.
Given the urgent need to marry national security with responsible fiscal policy, we need to slow down this process so we can fully vet the most controversial elements of the far-reaching bill.
The top 3 are:
1. The Indefinite Detention Clause: The NDAA has become the most controversial element of President Obama's foreign policy. Section 1021 of the NDAA bill of 2012 allowed for the "indefinite detention of American citizens without due process at the discretion of the President." Section 1021 has been challenged as a violation of constitutional principles and the United States Bill of Rights. The indefinite detention clause has been broadly denounced nationally and internationally. It may very well be the only thing that has true bi-partisan support. The Act was strongly opposed by the ACLU, Amnesty International, Human Rights First, Human Rights Watch, and The Center for Constitutional Rights, the Cato Institute, Reason Magazine and The Council on American-Islamic Relations. It was criticized in editorials published in The New York Times, Al-Jazeera, and The Guardian. The ACLU said, "The statute is particularly dangerous because it has no temporal or geographic limitations, and can be used by this and future presidents to militarily detain people captured far from any battlefield." This year's bill contains amendments introduced in the Senate and the House to remove the indefinite detention clause. The House included sections 1031 through 1033, which affirms the right of habeas corpus and the Constitutional right of due process for American citizens. Senator Rand Paul (R–Ky.) a leading opponent of the clause pointed out, "the bill this year contained the amendment I supported which sharply limited the detention power, and eliminated it entirely for American citizens in the US."
2. Intrusion Detection and Network Penetration for Defense Contractors: Senator Carl Levin (D-Mich.) has introduced an amendment to require defense contractors to disclose incidents of cyber intrusion. The amendment seeks to turn what is now a voluntary program of disclosure into a mandatory requirement. Politico quoted Levin, "it's so obvious that if a defense contractor with classified information has their networks penetrated and attacked, then the government has to know about that." Mark Jaycox, a policy analyst at the Electronic Frontier Foundation told Mother Jones. DoD has been adamant about inserting a clause in contracts that mandates reporting of security breaches. The government can use this information to defend against threats. Cyber intrusion detection and reporting is a legitimate concern. In 2009, Chinese spies hacked the Pentagon's $300 billion F-35 fighter jet project. The Diplomat noted that in 2012 China introduced a stealth fighter that was "essentially an American stealth fighter with Chinese paintwork."
In a complementary measure the Senate is also requesting that vendors submit the source code for their software for security testing and verification or follow a specific set of security verification guidelines. Writing for LawfareBlog.com, Paul Rosenzweig, an expert in homeland security, explained that, according to section 936 of the NDAA, "upon request, contractors would be required to give DoD access to 'equipment or information' to determine if any classified 'information created by or for' the DoD had been 'successfully exfiltrated.'"
3. The Continuing Buildup of the Military-Industrial Complex Vis-à-Vis the Fiscal Cliff: Marine Corps Times reports the $650 billion bill contains "$88.5 billion more for ongoing wars" and "would add $60 billion to the Navy's plans for the F-18 fighter program." The newsletter said, "the bill supports the Pentagon’s plans for the Air Force to spend $3.7 billion on the F-35 fighter program and the Navy to spend $3.2 billion, on what is the biggest weapon program in history." Three billion was approved for the Army to enhance its ground services capabilities and to purchase Blackhawk helicopters. The Navy was approved for an additional $778 million for the "advance procurement for attack submarines." The Marine Corps Times said, "the Armed Services Committee's proposals on major weapon programs were left unscathed." How’s that for the fiscal cliff, the sequestration process and tightening our belts?
You might be a redneck if,
You vote Republicon
You have an IQ of 85 or lower
You voted for Mitt rob me
You live in TX or a retarded Ed state
Your mother is your wife
Your dad is missing
You like hunting
You have a dumb empty expression on your ace. Think bush,,lol
You are a tea bagger ass hole
You best friend is your hound dog
You do your sister
2!
#556 - Sun Dec 30, 2012 12:27 PM EST
There's the left for you.....right there
This coming from a motorcycle punk. Stay on your porch you are one dumb SOB. NO one gives a big rat ass what some punk puke like you has to say.
At least the Republicans can do something, Democrats seem to have trouble even sleeping in late, 11am really. Harlyguyvet, shows what happens when you drink agent orange. A mind is a terrible thing in the hands of a liberial.
Thought the comments here were exaggerated somewhat, the dimensions he presents.................... are essentially correct!
Obvisouly "Howdidwegethere" it mattered to you because you made a comment back... Idiot!!! "SMDH"
This is to" howdidwegethere" : You sound like a big fat bigot!!
Looks like Obuma's gonna rob you now so you might be a welfare reciver right ?
The rest of the world sees our President hiding under the table while the real work is getting done.....he sends Biden to do the deal, what a chump
he sends the president of the senate into the senate to help negotiate.....the fiend!
Hit that cliff a runnin and try to meet the masses, better git yourself some cheap sunglasses. Oh yeah
"We're going to come in at 11 a.m. tomorrow morning. We'll have further announcements, perhaps, at 11 in the morning. I certainly hope so."
Gee I sure hope we aren't interupting their sleep.
Apparently the first thing you put into a blind trust when you're elected to public office is your conscience.
Sweet dreams Senate and House.
....and a Happy New Year to us all !!!
It was a planned cliff dive people
By your messiah.
has apparently been purchasing wars on his credit card during his short 31 years on this planet? "Must have been during a blackout. My Official statement is that I'm not asking you to fix my credit. This entire pit was dug behind my back. Blame the 'illuminated' masons, the leadership of your favorite religions and hire competent representatives that won't sell their souls to the scarlet beast."
That doesnt mean its a good idea just because it was planned.
A pack of Congressional IDIOTS!!!! Come back on New Years Eve and bring your Grover masks and the pointed hats!!!!!! The dunce bunch.
They will only if they were instructed to do so from the bully pulpit this morning in church by their white pastors, the Feurhs.
And Senators and President don't forget to bring George Soros and Valerie jarrett who really call the shots!