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CLIFF DEAL HITS A NEW SNAG with House Republicans !

 
Wubbo Ockels

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Netherlands
01/01/2013 05:26 PM

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CLIFF DEAL HITS A NEW SNAG with House Republicans !
Cliff deal hits a new snag with House Republicans

The bipartisan agreement struck in the Senate to avoid the worst effects of the “fiscal cliff’’ ran into strong opposition in the Republican-controlled House on Tuesday, with GOP members criticizing the deal for raising taxes without cutting spending.

Eric Cantor (R-Va.), the influential House majority leader, emerged from a two-hour meeting with GOP colleagues and said he opposes the Senate bill, which would let income taxes rise sharply on the rich. Rep. Jeff Flake (R-Ariz.) said Cantor “forcefully” expressed his concerns during the closed -door session, during which other GOP members expressed grave doubts about the agreement.

Cantor’s opposition likely dooms the chances for fast House passage of the legislation without changes, which could prolong efforts to avert the automatic tax increases and spending cuts that technically took effect on Tuesday. If there is no agreement by the end of the current Congress at noon on Thursday, negotiations would have to start over in the next Congress. Many economists believe that the fiscal cliff’s full effect would drive the economy back into recession. ...
FULL STORY: [link to www.washingtonpost.com]


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The idea being, once we can handle it all down here, then we can live and explore eternally, responsibly, because we know what not to do, and not be resentful about being responsible, so we don't start a polarity domino effect in the other realms of existence."

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Luisport

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01/01/2013 05:54 PM

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Re: CLIFF DEAL HITS A NEW SNAG with House Republicans !
zerohedge‏@zerohedge

Farce must go on: US SENATE WOULD REFUSE TO CONSIDER HOUSE CHANGES TO SENATE-PASSED BIPARTISAN BILL AVERTING FISCALCLIFF - AIDE, RTRS
Anonymous Coward
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United States
01/01/2013 06:14 PM
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Re: CLIFF DEAL HITS A NEW SNAG with House Republicans !
well if we go off the cliff, cancel the Federal Researve's charter and go back to a US central bank. If it's going to hurt, then make it worth the effort. The cliff or US treasury money... no other choices.... W-4 increase withholdings and keep your federal reserve notes as long as they keep coming.. My deductions are at 15,
Anonymous Coward
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United States
01/01/2013 06:21 PM
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Re: CLIFF DEAL HITS A NEW SNAG with House Republicans !
Eric Cantor is right, this contract is worthless, Obama and his cronies just want to raise taxes so they can spend more money, they could care less that are country is so deep in debt that no generation will be able to handle.


We are turning into a 3rd world nation...
Anonymous Coward
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United States
01/01/2013 06:24 PM
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Re: CLIFF DEAL HITS A NEW SNAG with House Republicans !
Good- Why should fn hollywood get tax breaks! GOP senatorial ASSHOLES! bartmoon
TechRaider

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01/01/2013 06:36 PM
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Re: CLIFF DEAL HITS A NEW SNAG with House Republicans !
Good- Why should fn hollywood get tax breaks! GOP senatorial ASSHOLES! bartmoon
 Quoting: Anonymous Coward 20903842


Don't think it's the Senate GOP fighting to keep and increase govt. spending which is the REAL problem.
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Useless Cookie Eater

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01/01/2013 06:38 PM

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Re: CLIFF DEAL HITS A NEW SNAG with House Republicans !
CLIFF DEAL HITS A NEW SNAG with House Republicans !
 Quoting: Wubbo Ockels


Of course...it's ALWAYS the Republicans fault....right???
(better blame BUSH too while you are at it)

facistprop propa

Last Edited by Useless Cookie Eater on 01/01/2013 06:38 PM

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