Economist: blame for deficit negotiation impasse directly at the feet of Republicans

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Originally Posted by Th'Pusher

So IOW, the blame for the blame for the deficit negotiation impasse can be lain directly at the feet of the republicans.

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Not all republicans. Tea party nutballs, maybe.

I would support some cuts to social programs, IF we raised taxes as well.

Most Democrats would agree to that.

I would even be willing to put "substantial" in front of cuts.


The tea party freshmen, who rather loudly state they were not elected to comprimise, though, can't, on the issue of raising taxes.

or won't.

The problem needs fixing at both ends.

If one side is willing to comprimise, and one side isn't...

It seems fairly clear to me.

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Originally Posted by CosmicCowboy

True, but when does spin stop and just outright lies start?

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That transition occurs at the net separating my team's side of the ping pong table from the other team's.

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Originally Posted by RandomGuy

The problem needs fixing at both ends.

If one side is willing to comprimise, and one side isn't...

It seems fairly clear to me.

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What if going along would be against your principles. Isn't that valid?

In the end an agreement to avert default was reached. It was kind of a punt, but that's the style now...

Boehner spoke on the record. Hats off to that. . .

My overall take on the article itself was that Obama and Boehner HAD a deal.

Obama was really worried about how much his base would react to the spending cuts if there weren't more tax increases on the table.

Boehner had agreed to some tax increases, but most of the revenue increase was to come from changes to the tax code.

Boehner's tea party freshmen absolutely refused to consider ANY tax rate increases at all, and told Boehner they would vote it down. Obama was, at the same time, asking for changes to the rates for the top earners.

So it all fell apart.

Boehner went on national tv to say the President was 'moving the goal posts', and Obama went on national tv to say that the republicans refused to consider any tax increases.

Both Obama and Boehner were accurate in their statements up to a point, but both of them overstated the positions of the opponents. DUH!!!

So they both played to their bases.

It was the closest we have come to a real change in how things work in along, long time. And they ALL blew it.

the two parties governing together -- hell, even having lunch and socializing together -- is a thing of the past.

comity is gone. courtesy, more honored in the misuse than the observance, becomes a harangue. mutual respect and appreciation is gone. government becomes a charade of competing misrule.

cheers to all. it could be a hell of ride. :toast

(Real Ale Full Moon Pale Rye)

can, kicked again:

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Congressional leaders and the White House have reached a deal to adopt a stopgap spending bill after the August recess that would fund the government through the first quarter of 2013, Senate Majority Leader Harry Reid, D-Nev., said Tuesday afternoon.

The agreement allows lawmakers to avoid engaging in an ugly spending fight during what is already expected to be an extraordinarily hectic post-election work session.

"It will provide stability for the coming months," Reid said of the funding extension. "This is very good because we can resolve these situations that directly affect the country as soon as the election is over."

The six-month continuing resolution, which Reid said would contain no policy riders, would be prorated at the 2013 spending level set by the Budget Control Act last August. Neither chamber will take up a continuing resolution bill this week; House Speaker John Boehner, R-Ohio, said in a statement that the legislation would be crafted during the August recess. Congress will have eight legislative work days in September before the current fiscal year ends on Sept. 30.

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http://influencealley.nationaljourna...ingbill-ag.php

Lol It's good to see the Right and Left coming together to errrrrr make a decision.

http://www.economist.com/node/21559630

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Originally Posted by spursncowboys

Lol It's good to see the Right and Left coming together to errrrrr make a decision.

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It's nuclear war if they don't agree to do nothing. Assured mutual destruction if they battle before the election.

House GOP Tax Plan Raises Taxes On 10 Times As Many People As Democratic Proposal

Senate Republicans last week proposed a plan that would raise taxes on more than 20 million Americans, while maintaining the high-end Bush tax cuts. Letting those tax cuts on income in excess of $250,000 expire would affect just two million wealthy taxpayers, by comparison.

Now, House Republicans have adopted the same plan, and the effect is the same: roughly 24 million middle- and lower-class Americans will see their taxes raised so that roughly two million of the richest taxpayers can maintain a tax cut, as this chart from the Center for American Progress’ Seth Hanlon and Sarah Ayres illustrate:

http://thinkprogress.org/wp-content/...eTaxChart1.jpg

http://thinkprogress.org/wp-content/...eTaxChart2.png

According to the analysis, roughly 11 million American families would lose some or all of the American Opportunity Tax Credit, which provides a tax break on college tuition payments, at an average cost of $1,100 each. About 12 million would lose part or all of the Child Tax Credit, costing them an average of $800, and about 6 million would lose all or part of the Earned Income Tax Credit, which saves each recipient an average of $500.

The Senate GOP plan failed last week, as the Senate instead adopted a Democratic proposal that would extend a tax cut on just the first $250,000 in income.

http://thinkprogress.org/economy/201...x-plan-charts/

Obviously, the Repugs just enriching/protecting the 1%, while screwing the 99%, esp the lower 50%.

aka, euphemistically "broadening the tax base", or the LIE: "shared sacrifice" :lol

Gotta hand it to the Repugs/tea baggers, they really do have no shame, while insulting the obviously low political interest and intelligence of Americans.

Get back to us when they do something to the 99% other then screw them.

Shouldn't the budget be something they have to do? I guess after three years, they see that it works to not do one. Good for them for keeping their jobs and doing the least amount of work.

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Originally Posted by spursncowboys

Lol It's good to see the Right and Left coming together to errrrrr make a decision.

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If you choose not to decide, you still have made a choice.


But yeah, this fuckin sucks.

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Originally Posted by Drachen

If you choose not to decide, you still have made a choice.

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Personally, I would choose a path that's clear. I would choose free will.

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Originally Posted by spursncowboys

Shouldn't the budget be something they have to do? I guess after three years, they see that it works to not do one.

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Passing a budget bill isn't a requirement. Before 1921 there was no scientific budget; whatever Congress appropriated was the budget. Maybe we're going back to that.

http://www.spurstalk.com/forums/show...6&postcount=10

because, deficit spending: http://www.cnn.com/2014/07/11/politi...iness-tax-cut/

I don't know where to start the video for this yet, but here is the sponsor speaking:

C-Span link: House 7/11/14

Here is the vote:

http://clerk.house.gov/evs/2014/roll404.xml

258 to 160 with 34 democrat yes votes and 2 republican no votes.

Here is the bill as voted for:

http://www.gpo.gov/fdsys/pkg/BILLS-1...13hr4718eh.pdf