Fiscal agreement is a fiscal disaster

[mastoidbone]

adds 4 TRILLION to debt---no wonder Dems love it.

http://www.politico.com/story/2013/0...ent-85650.html

[mastoidbone]

again---obama has NEVER sought a path to reduce spending---ever. All he HOPES to do is increase debt a bit slower then his record setting first 4 years.....he is a terrible terrible fiscal manager.

http://money.cnn.com/2013/01/01/news...html?hpt=hp_t1

[jimgata]

Anyone that believed Obama was ever for a reduction in spending was either ignorant of his actions or gullible and wanted to believe anything he said.

[gatormoe1]

Obama is doing everything possible to ruin America. This has been obvious from day one.

[ncgatr1]

Is this right, those bastards are only cutting 15 billion and raising tax revenue by 620 billion?

[GatorAbe7]

Originally Posted by ncgatr1

Is this right, those bastards are only cutting 15 billion and raising tax revenue by 620 billion?

The stat I am seeing is $1 of cuts for every $41 of taxes effecting 77% of households. Republicans really, really screwed the pooch voting for this one.

[QGator2414]

Originally Posted by GatorAbe7

The stat I am seeing is $1 of cuts for every $41 of taxes effecting 77% of households. Republicans really, really screwed the pooch voting for this one.

Yeah if the house goes for this our country loses...

[gtr2x]

Since i cant access the info, how is the 4 trillion calculated? Sounds like more political speak at this point.

Debt ceiling right around the corner. No need to get too excited, that is where the cuts will come. Problem is unless defense spending is on the table nothing will happen on social services spending either and everyone will sit around pontificating how its the other sides fault. . And as far as working on the tax code, think you can forget about that.

[G8trGr8t]

i will be surprised if the house approves this

[oragator1]

Originally Posted by G8trGr8t

i will be surprised if the house approves this

Dems will carry the vote they need.

[gatordowneast]

Is anyone surprised by this? If so, they must have been in a coma. Part of the manifesto playbook.

[Matthanuf06]

In 10-20 years when there are bread lines and gas lines and 25% unemployment and a worthless dollar most of these politicians will be retired or dead, so why would they care?

[Row6]

The $ 4 trillion increase is in comparison to not extending any of the Bush tax cuts, a position which no one elected to a federal office today favors, Republican or Democrat. Compared to extending all the Bush tax cuts - which most Republicans favor - deficits will be reduced by about $600 billion over 10 years. BTW, some of the extra spending includes not cutting doc pay for Medicare, something else in the baseline that results in the $4 trillion. Also, this part of the deal is on taxes and some immediate budgetary items. Sequestration and longer range spending cuts will be addressed later this winter.

Pretending otherwise is howling at the moon.

[g8trjax]

Originally Posted by Row6

The $ 4 trillion increase is in comparison to not extending any of the Bush tax cuts, a position which no one elected to a federal office today favors, Republican or Democrat. Compared to extending all the Bush tax cuts - which most Republicans favor - deficits will be reduced by about $600 billion over 10 years. BTW, some of the extra spending includes not cutting doc pay for Medicare, something else in the baseline that results in the $4 trillion. Also, this part of the deal is on taxes and some immediate budgetary items. Sequestration and longer range spending cuts will be addressed later this winter.

Pretending otherwise is howling at the moon.

Yeah, that's a GREAT deal. Congress should be tarred and feathered.

[G8trGr8t]

charged with theft for stealing from future generations

[T3goalie]

LOL... did anyone expect anything different?

If so why?

There is absolutely nothing in the Republican leadership's recent history that would cause anyone to expect anything different. Nothing. The beat goes on and Boehner is beaten like a red headed step child. Again. Shocker...

[Row6]

Boehner and the republicans wanted more tax cuts. They had to be dragged kicking and screaming to raise any taxes. Let's keep this straight.

[T3goalie]

Originally Posted by Row6

Boehner and the republicans wanted more tax cuts. They had to be dragged kicking and screaming to raise any taxes. Let's keep this straight.

Absolute BS. They have accomplished nothing. The only thing you have straight is that Boehner gets dragged around like a rag doll. He stands for nothing and caves on every hill which he purportedly stands. He and the republican leadership, Mitch et al, are a Farce. Boehner cut his own legs out and white flag signaled surrender over 3 weeks ago. It was just a matter of how badly. There is no surprise in this deal and there is no surprise in surrender. They have kicked the can down the road and the debt will expand at increasing rates. The GOP capitulated exactly as the democrats knew they would. The Republican party stands for nothing and they lay down for everything like cheap whores.

[Row6]

Originally Posted by T3goalie

Absolute BS. They have accomplished nothing. The only thing you have straight is that Boehner gets dragged around like a rag doll. He stands for nothing and caves on every hill which he purportedly stands. He and the republican leadership, Mitch et al, are a Farce. Boehner cut his own legs out and white flag signaled surrender over 3 weeks ago. It was just a matter of how badly. There is no surprise in this deal and there is no surprise in surrender. They have kicked the can down the road and the debt will expand at increasing rates. The GOP capitulated exactly as the democrats knew they would. The Republican party stands for nothing and they lay down for everything like cheap whores.

Apparently you would have preferred adding more to the debt by not raising any taxes. Fine, but quit pretending that's what you care about.

[gatorman_07732]

Originally Posted by Row6

Apparently you would have preferred adding more to the debt by not raising any taxes. Fine, but quit pretending that's what you care about.

Those taxes aren't going to do anything to reduce the debt