This is a suicide bill for the Reps. They will destroy their base by passing a bill that does the following:
"The "fiscal cliff" deal that was designed to save money actually includes $330.3 billion in new spending over the next decade, according to the official estimate the Congressional Budget Office released Tuesday afternoon.
CBO said the bill contains about $25.1 billion in new cuts, but those are swamped by the new spending on extended unemployment benefits for the long-term jobless and other new refundable tax credits that President Obama fought for.
Of those cuts, only $2 billion are scheduled to take effect in 2013.
And CBO also warned that some of the cuts Congress is counting are from programs on which CBO never expected the money to be spent anyway — such as cuts to the Consumer Operated and Oriented Plan, which was part of Mr. Obama's health care law."
All told, the bill deepens the deficit by nearly $4 trillion over the next decade, when the new tax cuts and spending are combined.
The bill also delays by two months the automatic spending cuts slated to take effect Wednesday, with a promise to reduce spending in the future to cover for them.
There is no better deal to be had. Obama has an iron will. We are lucky we got what we did. We have no leverage on this. Flinging themselves against Obama won’t break him, it will break the house GOP. For now anyway.
Nonsense. This bill must be amended and not passed as is.
We do have leverage on the debt ceiling. We have to rejoin the battle on that front. Plus as the subject moves to spending instead of taxes, the public who have polled that spending should be cut, will have more incentive to at least listen to our side.
Your tortured logic leads a lot to be desired. What leverage do we have in the debt ceiling if Obama holds all the cards as you state. Do you think the public will not be on Obama's side if the GOP shuts down the government and stops the payment of SS, Medicare, food stamps, etc. Who do you think the MSM will blame? The public wants more spending. They reelected Obama who promised that entitlements will not be touched. He and the rest of the Dems criticized Ryan's Medicare reforms.
Reid said the Senate will not take up an amended bill. Why would he cave? So
we go over and stay over? And we go back into recession? Swell. To me that is like a suicide bomber. You are saying to hell with all of it, to hell with America. If we don’t get what we want then lets blow it all to pieces and ourselves with it because we are screwed no matter what. At least everyone else will suffer too.
That’s whacked! We must live, so we can fight another day. This is not the hill to die on.
Reid said the Senate will not take up an amended bill. Why would he cave? So
we go over and stay over? And we go back into recession? Swell. To me that is like a suicide bomber. You are saying to hell with all of it, to hell with America. If we don’t get what we want then lets blow it all to pieces and ourselves with it because we are screwed no matter what. At least everyone else will suffer too.
That’s whacked! We must live, so we can fight another day. This is not the hill to die on.