My Photo
Blog powered by Typepad

December 2014

Sun Mon Tue Wed Thu Fri Sat
  1 2 3 4 5 6
7 8 9 10 11 12 13
14 15 16 17 18 19 20
21 22 23 24 25 26 27
28 29 30 31      

« Why doesn’t Boehner say the House gets a balanced budget ‘free’? | Main | China hears freedom’s tweet: ‘One word of truth outweighs the whole world’ »

December 31, 2012

Comments

CJW

CNNMoney: Three More ‘Fiscal Cliffs’ Loom on the Horizon

CJW

Both sides lost because the public rejects their diets

CJW

Cantor, McCarthy Join 151 Republicans Against Bill

CJW

Fiscal Cliff Showdown Postponed to March

CJW

Obama Says Fiscal Cliff Deal Will Reduce Deficit …(Deal Adds $4 Trillion to Deficit)

CJW

GOP: $16 trillion in debt but still no Democrat budget for 1,361 days

Neo

We went through the entire last election cycle with the meme that “taxing the rich would solve the debt problems” never ever being given though review by the 4th Estate. Now, it’s all gone .. for New Jersey and New York.

Yes … “What difference, at this point, does it make?”

Neo

Bob Woodward’s “The Price of Politics,” Page 215 (July 12, 2011):
“A trigger would lock in our commitment,” [White House national economic council director Gene] Sperling explained. “Even though we disagree on the composition of how to get to the cuts, it would lock us in. The form of the automatic sequester would punish both sides. We’d have to September to avert any sequester” — a legal obligation to make spending cuts.

“Then we could use a medium or big deal to force tax reform,” Obama said optimistically.

“If this is a trigger for tax reform,” [House speaker John] Boehner said, “this could be worth discussing. But as a budget tool, it’s too complicated. I’m very nervous about this.”

“This would be an enforcement mechanism,” Obama said.

Obama Nov 21, 2011: "I will veto ANY attempt to prevent the sequester."

Obama Oct 22, 2012: "First of all, the sequester is not something that I've proposed. It is something that Congress has proposed. It will not happen."

Verify your Comment

Previewing your Comment

This is only a preview. Your comment has not yet been posted.

Working...
Your comment could not be posted. Error type:
Your comment has been posted. Post another comment

The letters and numbers you entered did not match the image. Please try again.

As a final step before posting your comment, enter the letters and numbers you see in the image below. This prevents automated programs from posting comments.

Having trouble reading this image? View an alternate.

Working...

Post a comment

Your Information

(Name and email address are required. Email address will not be displayed with the comment.)