Skip to comments.Congress Can Avoid Fiscal Cliff
Posted on 12/12/2012 10:01:42 AM PST by kathsua
A year and a half ago President Barack Obama and members of Congress signed a suicide pact that they would lead the nation over a "fiscal cliff" if they couldn't agree on deficit reducing measures by the end of the Mayan calendar. The crackpots agreed to a measure that could impose taxing and spending changes that would be so drastic they could cause economic problems that would INCREASE the deficit by another trillion dollars. [Note: because of Congressional procedures and a desire for a Christmas break, members would need to reach an agreement by the date the Mayan calendar ends in order to get the legislation to President Obama by the end of the year.]
We don't need to go over the fiscal cliff. Congress cannot pass legislation that Congress cannot change. If there are any sane members of Congress left, they should introduce legislation to repeal the measure requiring a deficit agreement by the end of this year or at least extend the deadline for another year. If past Congresses could violate agreements they reached with the Cherokee and the Sioux, the current Congress can rescind an agreement reached among its members during a period of collective insanity.
The main obstacle to an agreement is that Obama wants to increase taxes and spending and Republicans want to reduce both. Our system is based on compromise. Each side needs to give in on one issue. Obama should agree to let Republicans reduce spending in exchange for Republicans giving Obama a tax increase on those who can afford to pay higher taxes.
The Nation went over the cliff already. This is just an agreement to keep up the fiction that the government can pay its bills.
Let it default.
So are you saying that the President should be allowed to Re_Nig on the deal he made?? Would that be like renigging on a Loan or Mortgage?? or How about PUBLIC EMPLOYEE contracts?? same principle just different circumstances, obviously the Writer has not thought this through.
Not to mention Obama will be able to claim victory and the death of the near dead GOP.
B. Hussein Obama created the Fiscal Cliff as a bargaining chip to take away the Constitutional duty of the US House to control the purse strings of the US Federal Government.
By forcing Boehner to give up on future National Debt Ceiling Control, B. Hussein Obama will have effectively bypassed the US House for the next 4 years.
There will be NO need to get US House approval on any Federal Spending, and Harry Reid’s Senate will thus continue to refuse to pass a Federal Spending Budget.
Obamanation will continue its headlong race to the bottom of the National Debt Pit.
By caving-in to Obama, Boehner will become Obama’s best friend forever. Well, at least for the next 4 years. Then Obama will write his book on how EASY it was to dupe Boehner, and I wouldn’t be at all surpised if Boehner starts sobbing again at that time.
BTW, Boehner must be really stupid.
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