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Fiscal Cliff Deal? Donít Hold Your Breath [House GOP "more conservative" than last session?]
Time ^ | 11/12/12 | Massimo Calabresi

Posted on 11/12/2012 3:20:58 AM PST by SoFloFreeper

Barack Obama and John Boehner traded opening bids Friday in negotiations over the fiscal cliff. With talks scheduled for the White House later this week and members of Congress back in town, Washington is abuzz with the possibility of a deal. Don’t bet on it.

Obama and Boehner drew the outlines of a compromise less in what they said than in what they didn’t say. The two men failed to reach a deal in 2011 because they couldn’t agree on raising tax rates for the rich. Now they are leaving open the possibility of avoiding the automatic tax hikes and spending cuts set to kick in Jan. 1 by closing tax loopholes instead.

(Excerpt) Read more at swampland.time.com ...


TOPICS: Business/Economy; Government; News/Current Events
KEYWORDS: budget; obamageddon
Well, consider the source: liberal TIME. But the writer does seem to acknowledge Obama's failure to lead on this critical issue.
1 posted on 11/12/2012 3:21:12 AM PST by SoFloFreeper
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To: SoFloFreeper

Better a deal on this than on immigration.

I do believe congress is a bit more conservative. The tea partiers we elected in 2010 are out of the “freshman” category and no longer firmly under the boot of leadership.


2 posted on 11/12/2012 3:43:20 AM PST by cripplecreek (REMEMBER THE RIVER RAISIN!)
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To: SoFloFreeper

GOOD! The GOP should do nothing. Tell the Rats that the GOP will not assist in the crash of this nation.


3 posted on 11/12/2012 3:47:14 AM PST by tobyhill
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To: SoFloFreeper

Give America a crash course in economics. Pass it all. The minions will be rioting in the street when the Marxist rats can’t deliver.


4 posted on 11/12/2012 3:58:03 AM PST by cp124 (Government is value subtracted.)
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To: SoFloFreeper

“closing loopholes” means ditching mortgage and other largely middle class deductions

that is a tax hike

it will be devastating and will be blamed on the GOP in time to lose the House in 2014

what a deal


5 posted on 11/12/2012 4:14:23 AM PST by silverleaf (Age Takes a Toll: Please Have Exact Change)
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To: cp124

I agree
dump the entire Bush tax code
after all, it’s only aksing “folks” to pay “a little more”


6 posted on 11/12/2012 4:16:11 AM PST by silverleaf (Age Takes a Toll: Please Have Exact Change)
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To: SoFloFreeper
...raising tax rates for the rich.

To Obama and Boehner that means raising taxes on everyone with a job.

7 posted on 11/12/2012 4:23:01 AM PST by TYVets
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To: SoFloFreeper

The first deal that needs to be reached is to replace Captain Caveman as Speaker.


8 posted on 11/12/2012 4:26:50 AM PST by NewJerseyJoe (Rat mantra: "Facts are meaningless! You can use facts to prove anything that's even remotely true!")
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To: SoFloFreeper

[House GOP “more conservative” than last session?]

PLEASE! Don’t use the word “conservative” and GOP in the same sentence. There is no relation to each other.


9 posted on 11/12/2012 4:33:51 AM PST by DH (Once the tainted finger of government touches anything the rot begins)
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To: SoFloFreeper

....by closing tax loopholes instead....


Have we lost our collective minds?

How the hell do you think our politicians got rich in office?

Answer: They made themselves “tax loopholes” and then used them for themselves while the average working slob was unable to get these “freebies” due to the fact that all of their income was spent on things like food, lodging and transportation.......not special investments designed by the Congress to enrich themselves.

It’s comparable to asking Obama parasites to give back their “Obama phones.”

It’s not going to happen..........ever!


10 posted on 11/12/2012 4:40:35 AM PST by DH (Once the tainted finger of government touches anything the rot begins)
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To: SoFloFreeper

For real conservatism we need Allen West in there! What the hell is going on in St. Lucie Florida with all this alleged fraud and corruption? http://www.teapartytribune.com/2012/11/11/what-the-hell-is-going-on-in-st-lucie-florida-with-all-this-alleged-fraud-and-corruption/


11 posted on 11/12/2012 4:41:30 AM PST by GilGil
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To: SoFloFreeper

Boehner will cave in 5-4-3-2-


12 posted on 11/12/2012 4:45:16 AM PST by Venturer
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To: silverleaf

Yep. It’s Boehner’s new attempt at cover for being ‘bipartisan’.


13 posted on 11/12/2012 5:05:13 AM PST by 9YearLurker
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To: SoFloFreeper
I hope that we will jump over the cliff, but I think that Boehner will just bend over and give Zero what he wants.

He'll manage it without even getting credit from the MSM for giving Zero everything that he wants, so when we plunge into the abyss after avoiding the relatively small fiscal cliff, the Republicans will take the blame.

14 posted on 11/12/2012 5:09:20 AM PST by Sooth2222 ("Suppose you were an idiot. And suppose you were a member of congress. But I repeat myself." M.Twain)
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To: silverleaf

Guys, remember that it was the Dems that extended the Bush Tax rates in 2010. This always forgotten in the discussion. Obama could have got absolutely everything he wanted 2 years ago, instead he stopped it cold and spent the last 2 years saying, “The GOP won’t go along with me.” It worked obviously. Now, here we are today. My guess is nothing gets resolved in the negotiations (we could offer everything and anything it will be rejected), we go over the fiscal cliff (so called) and the real game is who gets the blame. Mark my words.


15 posted on 11/12/2012 5:18:50 AM PST by Mustangman (The GOP)
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To: Mustangman

No need to wonder who will be blamed. It will be gwb and/or the republicans.


16 posted on 11/12/2012 5:58:17 AM PST by cableguymn (The founding fathers would be shooting by now..)
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To: tobyhill

Vote “present”,
on a rollcall -

Every goper should say, “in recognition of president 0bama’s re-election, I vote ‘present’”.


17 posted on 11/12/2012 5:59:46 AM PST by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: SoFloFreeper

If I were Boehner, I would be playing the “Compromiser” role with the Democrats. Gingrich was heavily demonized for fighting the Democrats. The Dems and their minions want a boogeyman with a face.
Boehner can talk compromise all he wants but if the Repubs don’t go along with it, it is meaningless.


18 posted on 11/12/2012 6:01:29 AM PST by AppyPappy (If you really want to annoy someone, point out something obvious that they are trying hard to ignore)
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To: NewJerseyJoe
I forgot about that lame attempt at "creativity"...


19 posted on 11/12/2012 6:01:53 AM PST by MrB (The difference between a Humanist and a Satanist - the latter admits whom he's working for)
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To: cripplecreek

Conservatives are killing themselves in their war against illegal immigration. I’ve said before and I’ll continue to believe that illegal immigration is not the problem - the welfare state’s extension of benefits to illegal immigrants is the problem. Those benefits act as a beacon, calling poor minorities across the border from Mexico. What do we expect them to do when we’ve basically placed a pot of gold at the end of the rainbow?

We can offer a compromise on this issue. We should agree to some form of amnesty for all illegal immigrants currently here, on the following conditions:

1. The border is closed to prevent further illegal immigration.

2. A federal law is passed that makes it a crime to extend benefits, such as unemployment and welfare payments, to any immigrant who is not documented to have been in the United States for at least 3 years prior to its passage, and to any future illegal immigrant.

3. An amendment to the Constitution is passed that clarifies that natural US citizenship is only automatically conferred on those born on US soil to US citizen parents, or to US citizen parents temporarily overseas at the time of the birth. In other words, no more anchor babies.

In exchange for those things, we should be willing to offer amnesty and a path to citizenship to those current illegal immigrants who have been here for at least 3 years, if they can prove that they have been otherwise responsible residents of this country during that time (i.e. no arrests, paid their bills, etc.). All will have to register and prove their status. The path to citizenship can not be a shortcut to existing citizenship procedures.


20 posted on 11/12/2012 6:13:10 AM PST by RightFighter (It was all for nothing.)
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To: DH

———then used them for themselves ———

I would argue the loopholes are mechanisms for securing campaign funds. Those desiring tax relief pay enough to enough legislators to pass the loophole. The loophole gets amended in some manner.

The congress then can get paid again to pass a revised similar loophole.

Loopholes are a renewable resource


21 posted on 11/12/2012 6:23:23 AM PST by bert ((K.E. N.P. N.C. +12 ..... Present failure and impending death yield irrational action))
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To: SoFloFreeper

If the Markers don’t make, the Takers can’t take....at least, not for long. As Margaret Thatcher aptly stated, “ Socialist governments do traditionally make a mess. They do finally run out of other people’s money.” Wise words, indeed. Too bad the USA didn’t heed them.


22 posted on 11/12/2012 6:37:33 AM PST by txrefugee
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To: DH

“House GOP “more conservative” than last session”

It is- and it’s about time people realized it. Combined with the successful ‘primarying’ of incumbents this year conservatives have much more strength in the next House, though not a majority yet.


23 posted on 11/12/2012 6:45:00 AM PST by mrsmith (Dumb sluts: Lifeblood of the Media, Backbone of the Democrat Party!)
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To: SoFloFreeper

If Congress doesn’t co-operate he will do it by decree.


24 posted on 11/12/2012 7:48:28 AM PST by arthurus (Read Hazlitt's Economics In One Lesson ONLINE www.fee.org/library/books/economics-in-one-lesson)
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To: SoFloFreeper

I hope Boehner will continue to talk softly on “compromise” but will hold a hard line on no new taxes. The federal government is already raising more than 30% more money than they should need. The answer is to cut spending dramatically, and going over the “fiscal cliff” would be far less harmful than continuing our massively wasteful (and often harmful) federal spending. We need to continue the tax cuts for all Americans, including the wealthy, and we need to cut all new spending that has been added in the past 20 years.


25 posted on 11/12/2012 8:03:58 AM PST by Pollster1 (Freedom is never more than one generation away from extinction. - Ronald Reagan)
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To: SoFloFreeper
Romney proposed capping deductions at $17,000, which would generate $1.7 trillion over 10 years, according to the Tax Policy Center. But that could hit anyone making $100,000 a year or more, whose deductions average $20,000 annually. Obama has called for tax hikes only on those making over $250,000 a year.

Surprise, surprise.

Romney would actually cut loopholes on people making UNDER $250,000. He was going for stricter tax reform than Obama.

But Romney would also have cut tax rates on EVERYONE.

Romney's plan was excellent.

26 posted on 11/12/2012 10:36:18 AM PST by what's up
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