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SHUTDOWN AVERTED: Lawmakers Reach Spending Deal
Business Insider ^
| 12/15/2011
| Zeke Miller
Posted on 12/15/2011 8:54:48 PM PST by SeekAndFind
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To: SeekAndFind
Oh boy. Another ‘deal’ reached.
To: SeekAndFind
You know -- we're going to have to raise the debt ceiling before the next election. Count on it.
And I expect the GOP to handle it badly, and I expect Obama to profit from our mistakes, and he will be re-elected.
It's what the political class wants.
3
posted on
12/15/2011 8:59:26 PM PST
by
ClearCase_guy
(Nothing will change until after the war. It's coming.)
To: SeekAndFind
Sounds like Reid caved. He was refusing to bring this up until the payroll tax was resolved.
4
posted on
12/15/2011 9:00:16 PM PST
by
Not A Snowbird
(Smith & Wesson: The original point and click interface)
To: SeekAndFind
5
posted on
12/15/2011 9:00:23 PM PST
by
Huskrrrr
To: SeekAndFind; SouthTexas
This is not good... The bill does not include an extension of the payroll tax cut
6
posted on
12/15/2011 9:03:22 PM PST
by
tubebender
(I always wanted to be somebody, but now I realize I should have been more specific.)
To: SeekAndFind
“The bill does not include an extension of the payroll tax cut or of unemployment insurance benefits both of which must be dealt with before the end of the year.”
Why?
7
posted on
12/15/2011 9:06:27 PM PST
by
BobL
("Heartless" and "Inhumane" FReepers for Cain - we've HAD ENOUGH)
To: SeekAndFind
8
posted on
12/15/2011 9:07:37 PM PST
by
perfect_rovian_storm
(Perry's idea of border control: Use both hands to welcome the illegals right in.)
To: tubebender
The federal government is so bankrupt that it must raise taxes dramatically, and this is one easy way to nab dollars from the working poor. The feds also need to cut spending, but the Congress historically hasn’t exhibited much restraint. The key is to raise taxes so rapidly, viciously, and repeatedly that any remaining economic activity cannot move quickly enough to evade taxes. That policy of course will leave America an economic wasteland, but if combined with drastic spending cuts, it could end the crushing federal debt. After repaying the debt, the Congress then could restore economic freedom and lower taxes, provided of course that it also exhibits fiscal restraint almost never characteristic of the Congress.
9
posted on
12/15/2011 9:08:54 PM PST
by
dufekin
(Name our lead enemy: Islamic Republic of Iran, Mahmoud Ahmadinejad, Islamofascist terrorist dictator)
To: SeekAndFind
Are Republicans suppose to be happy and reward the GOP for spending yet another trillion?
10
posted on
12/15/2011 9:09:49 PM PST
by
GeronL
(The Right to Life came before the Right to Pursue Happiness)
To: SeekAndFind
Whew, that was close! For a moment there, I thought we were going the way of Greece....
11
posted on
12/15/2011 9:10:37 PM PST
by
kevao
To: ClearCase_guy
oh great, another debt ceiling debacle
12
posted on
12/15/2011 9:12:36 PM PST
by
GeronL
(The Right to Life came before the Right to Pursue Happiness)
To: tubebender
>> This is not good...
I disagree. Unless folks are willing to forgo their SS benefits, they should be paying into the fund.
13
posted on
12/15/2011 9:17:19 PM PST
by
Gene Eric
(Save a pretzel for the gas jets.)
To: dufekin
I am not sure when these tax increases go into effect but my guess is Jan 1st? I pray that the folks who are still working don’t have to come up with additional taxes on April 15th...
14
posted on
12/15/2011 9:19:09 PM PST
by
tubebender
(I always wanted to be somebody, but now I realize I should have been more specific.)
OH WOW... does this mean that B.Hussein Obama and Michelle and kids all ride in the same plane to their 17 day Hawaiian vacation...poor Hussein he won't be able to smoke his ciggies with her around...how sad....
To: BobL
The bill does not include an extension of the payroll tax cut or of unemployment insurance benefits both of which must be dealt with before the end of the year.
“Why?”
Because the GOP hasn’t caved yet on the Keystone pipeline. but not to worry they will.
16
posted on
12/15/2011 9:25:31 PM PST
by
Georgia Girl 2
(The only purpose of a pistol is to fight your way back to the rifle you should never have dropped.)
To: GeronL
A trillion here, a trillion there, pretty soon it adds up to real money.
17
posted on
12/15/2011 9:40:36 PM PST
by
pending
(TODAY)
To: SeekAndFind
YAY!
Oooops.. sorry guys, wrong pic...
There, fixed it...
18
posted on
12/15/2011 10:01:01 PM PST
by
douginthearmy
(Still undecided.)
To: SeekAndFind
Why is it these near “shutdowns” never seem to happen when Republicans are in the White House?
To: ClearCase_guy
You are absolutely 100% correct. And it is damned sad.
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