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UH-OH: There Are Mounting Concerns The House Wont Pass The Fiscal Cliff Deal...CBO Estimates "Obama Tax Cut" To Add $4 Trillion To Deficit

 
Dixie Normous
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01/01/2013 02:27 PM
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UH-OH: There Are Mounting Concerns The House Wont Pass The Fiscal Cliff Deal...CBO Estimates "Obama Tax Cut" To Add $4 Trillion To Deficit
Based on tweets from politicos and reporters, such as Ed Henry from Fox News there are growing concerns:


Ed Henry@edhenryTV


Fiscal cliff deal crumbles? @ChadPergram reports Boehner, Cantor unhappy in private meeting, may amend bill & send back to Sen #chaosensues?

1 Jan 13 Reply
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It's not surprising that there are concerns.

As we explained here, there's frustration about there being zero cuts.

And as the CBO just announced, the bill adds $4 trillion to the current debt baseline. Any reversal of tax increases was always going to produce a huge deficit increase, but this is still a tough headline to swallow.


[link to www.businessinsider.com]

5a

Last Edited by + DL + on 01/01/2013 02:50 PM
Justalittlebad

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01/01/2013 02:30 PM
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Re: UH-OH: There Are Mounting Concerns The House Wont Pass The Fiscal Cliff Deal...CBO Estimates "Obama Tax Cut" To Add $4 Trillion To Deficit
bump
Justalittlebad/more or less
Anonymous Coward
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01/01/2013 02:32 PM
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Re: UH-OH: There Are Mounting Concerns The House Wont Pass The Fiscal Cliff Deal...CBO Estimates "Obama Tax Cut" To Add $4 Trillion To Deficit
Never waste a good crisis. This fiscal cliff debacle was such an opportunity, to not only do nothing about cutting government growth/spending but to actually increase it!

banana2
Dixie Normous (OP)

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01/01/2013 02:43 PM
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Re: UH-OH: There Are Mounting Concerns The House Wont Pass The Fiscal Cliff Deal...CBO Estimates "Obama Tax Cut" To Add $4 Trillion To Deficit
Never waste a good crisis. This fiscal cliff debacle was such an opportunity, to not only do nothing about cutting government growth/spending but to actually increase it!

banana2
 Quoting: Anonymous Coward 961432


ohyeah
Dixie Normous (OP)

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01/01/2013 02:50 PM
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Re: UH-OH: There Are Mounting Concerns The House Wont Pass The Fiscal Cliff Deal...CBO Estimates "Obama Tax Cut" To Add $4 Trillion To Deficit
CBO Estimates "Obama Tax Cut" To Add $4 Trillion To Deficit Over Decade

[link to www.zerohedge.com]
snark

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01/01/2013 02:56 PM

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Re: UH-OH: There Are Mounting Concerns The House Wont Pass The Fiscal Cliff Deal...CBO Estimates "Obama Tax Cut" To Add $4 Trillion To Deficit
I hope the House grows some balls and votes this shit down. $41 in taxes for every $1 in spending cuts?? You've gotta be kidding!
T For Texas, T For Tennessee!


The virtue of courage is a prerequisite for the practice of all other virtues, because otherwise one is virtuous only when virtue has no cost. There are times when something needs to be done, and yet we know that if we step up and do this needful thing, we will pay a heavy personal price. -C.S. Lewis
Dixie Normous (OP)

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01/01/2013 03:02 PM
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Re: UH-OH: There Are Mounting Concerns The House Wont Pass The Fiscal Cliff Deal...CBO Estimates "Obama Tax Cut" To Add $4 Trillion To Deficit
I hope the House grows some balls and votes this shit down. $41 in taxes for every $1 in spending cuts?? You've gotta be kidding!
 Quoting: snark


I have no faith in Boehner... It would be nice to see him grow a set and vote down this bill...
snark

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01/01/2013 03:12 PM

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Re: UH-OH: There Are Mounting Concerns The House Wont Pass The Fiscal Cliff Deal...CBO Estimates "Obama Tax Cut" To Add $4 Trillion To Deficit
I hope the House grows some balls and votes this shit down. $41 in taxes for every $1 in spending cuts?? You've gotta be kidding!
 Quoting: snark


I have no faith in Boehner... It would be nice to see him grow a set and vote down this bill...
 Quoting: Dixie Normous


No way. Boehner will RINO out and vote for it -- it's up to the others in the House to vote it down. Watching the Dems whine on Fox right now...
T For Texas, T For Tennessee!


The virtue of courage is a prerequisite for the practice of all other virtues, because otherwise one is virtuous only when virtue has no cost. There are times when something needs to be done, and yet we know that if we step up and do this needful thing, we will pay a heavy personal price. -C.S. Lewis

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