Skip to comments.IT'S OFFICIAL: HOUSE PASSES FISCAL CLIFF BILL
Posted on 01/01/2013 8:07:58 PM PST by SeekAndFind
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Futures haven’t even opened yet. Probably at 3 AM EST.
Likely gap up, but we’ll see how long the euphoria lasts. Highs can be made on “good” news.
God help Mick Mulvaney (my congressman) if HE voted yes.
LOL, thanks for the :) on this sad night.
Grover is more of a realist than he is made out to be, and that I thought 6 weeks ago.
When he admitted that plan B was NOT raising taxes he was admitting that taxes were going up automatically Jan 1 if nothing is signed into law.
Even Grover didnt want to raise taxes out of spite just because Rs could NOT stop some taxes from going up. He is against raising taxes.
On Jan 1 Obama’s $250K demand was a tax cut, DUHHHH!
House Rs should have extended some of them many weeks ago and moved on to the next fight.
I think Ryan proved that all of his impassioned rhetoric about lower taxes and lower spending....is total BS.
That's funny, right there!
I might suggest that people increase their deductibles.....starve the beast for as long as you can....
House Speaker John Boehner Office Phone Number: 202-225-6205
Call and leave a nasty voicemail. It won’t matter, but you’ll at least clue him in that his days are numbered.
“but I am shocked that my Tea Party candidates Senator Ron Johnson and Rep. Paul Ryan voted yea.”
Beware of establishment phonies who have infiltrated the Tea Party movement.
I never thought the same of Paul Ryan after watching him allow that idiot Biden ridicule and shame him during the debates and tell lie after lie.
We’ll be sending an interesting guy from Texas up in the next Congress. Our new Senator is Ted Cruz. During the primaries the Republican establishment fell behind a Rino and branded Cruz a Tea Party candidate. Instead of running away with from it, he embraced it - and won!
But I know how Washington works.
We’re sending up a new Senator with a spine and ‘attachments.’ We’ll see how long he can keep them in that cesspool.
I really hope it will be at least four years before I’m positing here:
“Cruz voted yes.”
“What a joke he turned out to be.”
And they are stupid. They all knew this was coming because they made that happen by not doing anything LAST YEAR!
Worse than Keystone Cops!
And, as usual, all the RINO pundits (Kristol, Krauthammer, et al) say “best they can do...better than fiscal cliff...saves majority from raising taxes” blah, blah, blah.
The GOP was played yet again. Time for these fools to go. They are totally useless.
FU CONGRESS! Try a budget morons. Stop pretending every single dime spent by the federal government is nirvana!
SO HOW MANY OF YOU FOLKS ARE GOING TO REMAIN REPUBLICANS?
If Hitler had won the war I’m sure he would have considered Stalingrad a victory along the way.
HA HA HA HA HA HA HA HA HA HA HA HA HA HA HA (taking breath) HA HA HA HA HA HA HA HA HA HA!!
The lower payroll tax was temporary “tax holiday” - it is just going back to normal, sucks but we knew it wouldnt last.
I hate the left. I hate what they stand for. But at least they do stand for something and then fight for it. The Republicans are both stupid and cowards.
some of us already realized that just by looking at his voting record and history. we didn’t buy the establishment kool-aid.
My congresscritter’s website has a promise he (Culberson) will not vote for it so hopefully he didn’t cave. My Senators (Cornyn & KBH), no surprise they voted for it.
What is his rational?!
“I hate the left. I hate what they stand for. But at least they do stand for something and then fight for it. The Republicans are both stupid and cowards.”
They are spineless pu$$ies!
I know....and it is so frustrating. But u have to point that out when speaking of the republicans. This bill stopped my taxes from going up but was just over talking to my neighbors...it will not stop her and her husbands from going up. However they knew when Obama won that that would be the case.
They will pay. They will be known as Benedict Arnolds the rest of their miserable lives. They know they have stolen our money and could have done something; but chose to fill their own pockets. Men and women, no, cowards and traitors, yes.
“The lower payroll tax was temporary tax holiday - it is just going back to normal, sucks but we knew it wouldnt last.”
I still love the irony.
Anything can happen in the Washington Sausage Factory. But I am celebrating the positive news for me in the middle class, for now.
It amazes me that McConnell was able to make middle class tax rates PERMANENT when the republicans could not do it when they held all 3 branches during Bush-43.
To quote a comment at hotair at 11:07 PM:
” The next time the RNC calls, I will tell them to pack sand, and
the next time charity calls, I will tell them to go call Santa Barack. “
I concur, to include all pol solicitations, not just the RNC. Until there is rebellion that is indisputable and clear, and with a rebel giant leading it, I look out for me and mine.
Unlike election night, Bonehead rushed to get on TV to cave.
I doubt we will see Bonehead tonight.
Boner is a coward and never has been a Republican Conservative, he has always been a Republican “get along to go along” kina person.
Sorta like whats his name, Michaels for the days gone past...but hey he does get invited to all the parties.
Your taxes just increased 2%.
betcha this is forgotten in 2-4 weeks....
any takers ?
But more unfortunately, Ryan is one of the most fiscally conservative in all of government.
You have to pick the players that are in the stadium.
Having said that, I’m done with Ryan.
I think I’ll consider being an irrelevant Third Party purist now.
he didn’t make anything permanent. taxes can be changed at any time. he did remove those expiration dates, but that doesn’t mean they’re permanent. you’re implying it’s now illegal to change tax rates or something.
besides, the middle class rates were never really going to go back up. Obama and the dems never would havelet it stand, but the GOP was too afraid to take them on over it and find it out.
I heard there is no longer a Republic Party, Independent Party, or Democrat Party.
It is now the Bureaucratic Party and we are here to serve it...
Are you sure the Bush middle class tax rates were made permanent ? I read earlier that only the new higher top tax rates were being made permanent.
Cantor voted no.
Ryan voted yes.
Rubio voted NO
and we will pay and pay and pay for his fun and games..
when do his kids go back to their PRIVATE SCHOOL WITH 11 ARMED SECURITY GUARDS WATCHING OVER THEM??
What a waste he is...
I'm out. I'm a third party man from now on. Seriously.
Equity index futures currently aren’t trading.
Would that be the same backbone that the Rs didn't show tonite???
Yes, they are now Permanent in the sense when Bush signed them in law, it was written to expire in 2010. It got a temporary extension of 2 years.
The new FC law has NO EXPIRATION DATE. That does not mean future politicians can’t change it.
“This Country is sick.”
I do not see how anything other than Soviet style dissolution or a fiat dictatorship emerges from the cesspit on the Potomac.
“permanent tax cuts”
The only permanent tax cut - and that would be an income tax cut only, I suspect - would be a repeal of the 16th amendment and insistence that the States follow suit...the idea being that any income tax at any level of government undermines a republican form of government.
The federal government can and should be fully funded via the corporate income tax, tariffs, excises and duties, and maybe dividends/capital gains taxes. The rates of these taxes should be reasonable, not punitive, and intended to fund the legitimate constitutional functions of the federal government. I suspect one could easily fund defense spending, federal courts and foreign affairs with this money. If we want to give money to any other country for any reason, the federal government should take up a voluntary citizen contribution for the purpose.
Of course, without a full audit and reform of the FED, including taking away its power to tax via inflation, income tax cuts are truly almost meaningless.
Is the plan still on to vote out Speaker Boehner on Thursday???
You are absolutely right, that taxes can be changed at any time in future. However as the FC law is written there is NO EXPIRATION date. So we will take it. Better than the other option.
Your taxes are going up 2%. Payroll tax increasing.
“wish I kept a list of all the ... and anti Romniacs here...”
Don’t forget me little commissarette. I said Willard was a snake when -YOU- picked him up.
Besides he didn’t really want it anyway, as he says now. I hope you dug deep for the scam artist.
I believe Rand Paul passes the fiscal conservative purity contest, hands down. I do like Ryan, but even his plan cut nothing, reportedly, though it was brilliant. They’re all living and thriving off of us, with enough left over to buy votes from those who pay no taxes, or do not work.
Short of a rebellion, we are all quite done. Anything less is more theater.
Not mine, I am retired. But you are right, the TEMPORARY reduction of 2% in FICA tax was not extended in this bill. So my wife who still works will pay 2% more.
It isn’t their vote that hacks me offf. It’s how horrible negotiators they are and they got played, rick rolled and now publicly humiliated.
Obama came out off this smelling like roses and there is reasoning or educating anyone how we got here.
Even the CNN is giving these jackasses noogies.
It’s to bad they couldnt muster together the votes needed for a spending amendment but the only way to correct that is to elect more tea party republicans.