Reply With Quote
do tell. who put them on the table?
Uhhhh...red team has put the cuts on the table basically modeling the 2011 Ryan proposal.
do tell. who put them on the table?
last I heard, negotiations were stalemated. there's a counteroffer?
Ryan's sociopathic budget, twice-passed in the House, increased deficit by $5T+ over 10 years.
Repugs don't GAF about the deficit, only about protecting/enriching the 1$ and UCA, ing over of the (black, brown) 99%, and privatizing SS $Ts into the Wall St den of thieve and frauds.
Oh, there are still at a stalemate but red team is publicly still backing en lement reform.
http://www.cbsnews.com/8301-250_162-...-battle-rages/Boehner, like the Democrats, looked to past Republican proposals. He said Republican ideas are laid out in the 2011 House budget drafted by Rep. Paul Ryan, R-Wis., which would make massive changes to Medicare and deep cuts to spending programs. It is a plan that did not get past the Senate.
@ boutons: shush, you. adults talkin . . .
so, more GOP lip service to en lement reform. thanks for confirming there's nothing on the table.
LOL, I was like, Dude! CC only trying to answer the question YOU posed. Then I looked directly above his post and got it, refreshed the page and you had updated. LOL
The proposal is apparently to limit deductions to the wealthy instead of increasing rates coupled with en lement reform.
I'm not necessarily advocating their plan but they do have the framework of a proposal on the table.
"framework of a proposal" = political posturing, until something be proposed.
pot, kettle, black
sure. it's all political posturing. as indicated above, I think neither side serious.
partisans of course will take the bloviating in earnest when it is their side doing the bloviating. both sides are talking past one another, to the voters.
as usual, electoral considerations man the conn, responsibility and service walk the plank.
"The proposal is apparently to limit deductions to the wealthy"
no, it's to limit deductions on everybody, iow, "broadening" the tax base well below the wealthy.
Bishop's Gecko's $25K-deduction-limit would hit millions of 99% who already pay more in taxes than the tax avoiding/evading 1%.
And in comes boutox right on cue.
I would agree with the analysis given by some guest I saw on CNBC's morning show.
What will happen is that this long term crisis will not be solved by any grand bargain, but a series of incremental steps along the way. We have time, hand-waving aside, to fix things.
By about the time things really need to get fixed, the GOP will have marginized itself so effectively, that the moderate Democrats can hammer out an actual solution. I say "moderate", but they will be the fiscally conservative sane people driven out of the GOP by the nutbags.
It will take 10 years to be sure, but it will happen. Keep an eye on the next few congressional elections. If it unfolds as I think it will, the GOP will steadily lose seats in narrow nail-biters. By the time the next census rolls around, Congressional redisctricting will be controlled by more Democratic state legislatures.
"We have time to fix this" generally precedes a foray of the boot to the can. I have a hard time seeing why an emerging Democratic majority, if it is that, would risk its electoral prospects by cutting SS/Medicare, even incrementally.
It could happen, but that seems unlikely, rather than commonsensical, to me.
Asking your own cons uents to sacrifice something is hard. Letting everything go to and blaming it all on the other team is easy. I fully expect our politicians to take the easy way out. Red team and blue team will continue to point fingers at each other while allowing the SS and medicare trust funds to be depleted. Once that happens SS&M benefits will be cut to match available revenues, regardless of the impact those cuts will have on beneficiaries. The money simply won't be there. People with the financial means and the foresight to have prepared accordingly will come out okay, everyone else gets ed. When that happens, our politicians will be there to remind us that it's all the other team's fault.
...and because of their foresight and diligence will be ridiculed, and whatever private financial nest egg they have saved will be taken for the public good. Their fair share, after all.
Certainly a portion of it. What a country!
They will just keep monetizing the debt. The money may not be worth but they will continue to pay the dollar benefits they promised.
That's why I'm loading up on hard assets/debt and going long at low fixed interest rates.
Oh and when inflation really kicks in they will blame it on the greedy business people and impose mandatory wage and price controls.
After Promising To Preserve Medicare For Curent Retirees, GOP Demands Immediate Cuts In Fiscal Cliff Talks
House Republicans say the down payment should be at least $110 billion, the value of the automatic spending cuts they would cancel next year, and they want those savings to come largely from cuts in Medicare and other benefit programs. [...]
But Republicans say they are selling Congress short on what can be done before the January deadline. They made clear that they want some initial changes to en lement programs ahead of larger talks next year.
Senator Michael D. Crapo, Republican of Idaho and another Gang of Six member, said some initial changes to en lement programs could and should be in the down payment.
http://thinkprogress.org/health/2012...l-cliff-talks/
I don't think so. Too much pressure from the richers, the corporations and foreign governments who stand to lose big time.
Edit: You can also add every state and local government to the list above.
Last edited by coyotes_geek; 12-03-2012 at 02:04 PM.
There are currently 1 users browsing this thread. (0 members and 1 guests)
Posting Permissions