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25 Dec 2012 19:01 #116329
by chairman
(Reuters) - The "fiscal cliff" deadline is days away and the U.S. Congress and President Barack Obama have left town for Christmas.
But even if they were still here, it wouldn't have mattered, according to Steny Hoyer, the second-ranking Democrat in the House of Representatives. He says they were going nowhere to resolving the disagreement over how to fix the nation's fiscal problems.
Last month's dreams of a "grand bargain" of tax hikes and spending cuts seem long gone. They had been reduced to more modest bargains in mid-December, and as 2013 approaches, are on the verge of relegation to a "stop-gap measure," at best the sort of temporary fix that Congress undertook in 2011.
Always tell someone how you feel because opportunities are lost in the blink of an eye but regret can last a lifetime.
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25 Dec 2012 21:05 #116338
by chairman
Going over fiscal cliff is not a passive thing. Obama & Reid will try to box GOP into "choosing" btwn cliff or a deal, starting tomorrow.
Always tell someone how you feel because opportunities are lost in the blink of an eye but regret can last a lifetime.
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26 Dec 2012 11:33 #116356
by chairman
After a nice long holiday weekend, President Obama and members of Congress suddenly remembered that they never took care of that fiscal cliff thing that happens in just six days. The President will end his holiday vacation early, leaving his family behind in Hawaii and heading to Washington on Wednesday night in order to resume work on budget negotiations. Congress will also return to work on Thursday, giving the two sides just five days (including two weekend days and New Year's Eve) to strike a deal before taxes go up on everyone in America—among other economic disasters.
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26 Dec 2012 12:16 #116362
by SCA
This is unprofessional, non-caring and absolutely reckless....and that from the executive body. Imagine a private sector operating like this? How many years now we haven't had a balanced budget? This is the equivalent of running-down a cake shop.
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26 Dec 2012 13:02 #116366
by Kwami
The republicans wants to balance the budjet on the backs of the vunerable like cutting social security and medicaid , leaving their sacred cows like the military and the bush tax cuts for the wealthy untouched
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26 Dec 2012 13:14 #116368
by SCA
So let me ask you...the US military is the Repubs? And the wealthy are all Repubs?
This is very interesting. Then who are the Dems?
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26 Dec 2012 13:18 #116370
by Kwami
The military industrial complex supports the republican party , those are the interests that the republicans protects
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Political Opinions, Commentaries on Current Issues
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The Water Cooler!
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Obama Cancels Vacation to Resume the Fiscal Cliff Fight
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