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Fiscal Cliff Disputes Remain as Deadline Nears
December 31, 2012
By ALAN FRAM and ANDREW TAYLOR, Associated Press
The White House and Senate Republicans sorted through stubborn disputes over taxing the wealthy and cutting the budget to pay for Democratic spending proposals as Monday's midnight deadline for an accord avoiding the "fiscal cliff" drew to within hours.
READ MORE: http://www.usnews.com/news/politics/articles/2012/12/31/fiscal-cliff-disputes-remain-as-deadline-nears
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Deal to avert fiscal cliff appears within reach
An agreement in principle to avert broad tax increases and spending cuts appeared imminent Monday night. A senior Democratic source told NBC News that an accord had been reached. A senior GOP source said it "looks good" and that the outcome in the Senate would be clearer after Vice President Joe Biden conferred with Senate Democrats. Biden arrived at the Capitol to meet with Democratic senators Monday night.
READ MORE: http://firstread.nbcnews.com/_news/2012/12/31/16268297-deal-to-avert-fiscal-cliff-appears-within-reach?lite
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In last-minute vote, Senate approves fiscal deal
By NBC News staff and wire reports
The United States narrowly avoided going over the fiscal cliff early on New Year’s Day after a last-minute bipartisan agreement cleared the way for a middle-of-the-night vote in the Senate.
The interim deal would raise income taxes on single earners with annual incomes above $400,000 and married couples with incomes above $450,000. It also blocks spending cuts for two months, extends unemployment benefits for the long-term jobless, prevents a 27 percent cut in fees for doctors who treat Medicare patients and prevents a spike in milk prices.
READ MORE: http://firstread.nbcnews.com/_news/2013/01/01/16280618-in-last-minute-vote-senate-approves-fiscal-deal?lite
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Fiscal Cliff: Taxes Rising For Most Americans In Deal
Posted: 01/02/2013 7:51 am EST
By STEPHEN OHLEMACHER, THE ASSOCIATED PRESS
WASHINGTON — While the tax package that Congress passed New Year's Day will protect 99 percent of Americans from an income tax increase, most of them will still end up paying more federal taxes in 2013.
That's because the legislation did nothing to prevent a temporary reduction in the Social Security payroll tax from expiring. In 2012, that 2-percentage-point cut in the payroll tax was worth about $1,000 to a worker making $50,000 a year.
READ MORE: http://www.huffingtonpost.com/2013/01/02/fiscal-cliff-taxes_n_2395275.html
Coremodels
Really close to Explorer's Club.
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Snarf said:
Thanks, Obama and friends!
Actually, Obama was about the only guy in the room pushing to continue that particular tax cut.
Obama pushed hard to enact the payroll tax cut for 2011 and to extend it through 2012. But it was never fully embraced by either party, and this time around, there was general agreement to let it expire.
rus
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Coremodels said:
Actually, Obama was about the only guy in the room pushing to continue that particular tax cut.Obama pushed hard to enact the payroll tax cut for 2011 and to extend it through 2012. But it was never fully embraced by either party, and this time around, there was general agreement to let it expire.
So, we can thank at least Obama's friends.
Bear
The woods
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Boehner Sums Up State of Bipartisanship Nicely With F-Bomb to ReidHouse Speaker John Boehner couldn’t hold back when he spotted Senate Majority Leader Harry Reid in the White House lobby last Friday. It was only a few days before the nation would go over the fiscal cliff, no bipartisan agreement was in sight, and Reid had just publicly accused Boehner of running a "dictatorship" in the House and caring more about holding onto his gavel than striking a deal.
"Go f— yourself," Boehner sniped as he pointed his finger at Reid, according to multiple sources present.
Snarf
Dystopia
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Harry Reid Threw Obama Fiscal Cliff Proposal Into Burning FireplaceThe White House sent Reid a list of suggested concessions as his staff debated what to send back to McConnell. Reid looked over the concessions the administration wanted to offer, crumpled up the paper and tossed it into his fireplace. The gesture was first reported by Politico and confirmed to HuffPost by sources with knowledge of it, who noted that Reid frequently keeps his fire going and is fond of feeding a variety of proposals to it.
http://www.huffingtonpost.com/2013/01/02/harry-reid-fiscal-cliff-fireplace_n_2396606.html
Jersey Shore House
:(
geoyui
West Side
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Christie rips Boehner and House GOP for not approving aid for Sandy victims
Looks like Boehner's time is coming to an end.
“There is only one group to blame for the continued suffering of these innocent victims: the House majority and their speaker, John Boehner.”
While Christie liberally slammed Boehner, he heaped praise on House Minority Leader Eric Cantor. In my last post I criticized the Virginia congressman as being more interested in politics than governing. In his efforts to help Christie and other Sandy ravaged governors get the aid they need, Cantor was governing and playing politics.
Schoolboy
Columbus
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geoyui said:
Christie rips Boehner and House GOP for not approving aid for Sandy victimsLooks like Boehner's time is coming to an end.
“There is only one group to blame for the continued suffering of these innocent victims: the House majority and their speaker, John Boehner.”While Christie liberally slammed Boehner, he heaped praise on House Minority Leader Eric Cantor. In my last post I criticized the Virginia congressman as being more interested in politics than governing. In his efforts to help Christie and other Sandy ravaged governors get the aid they need, Cantor was governing and playing politics.
Doubt that. Who in their right mind would want that job right now?
I could see a more established Tea Partier like Rick Perry standing up to run against him. I don't think anyone from the so called Tea Party has any shot at winning though.
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Boehner re-elected as Speaker of the House after some GOP dissent
By Michael O'Brien, NBC News
Ohio Rep. John Boehner, R, won a second term as speaker of the House on Thursday over the dissent of a handful of House conservatives.
Following a bruising first two years as speaker and leader of House Republicans, 10 conservative lawmakers cast votes for someone other than Boehner during a roll call vote in the first hours of the new Congress. Several other conservative Republicans abstained from voting. Boehner received 220 votes of a total of 426 cast.
READ MORE: http://firstread.nbcnews.com/_news/2013/01/03/16327125-boehner-re-elected-as-speaker-of-the-house-after-some-gop-dissent
Snarf
Dystopia
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geoyui said:
Christie rips Boehner and House GOP for not approving aid for Sandy victimsLooks like Boehner's time is coming to an end.
Or not, lol.
“There is only one group to blame for the continued suffering of these innocent victims: the House majority and their speaker, John Boehner.”
geoyui said:
While Christie liberally slammed Boehner, he heaped praise on House Minority Leader Eric Cantor. In my last post I criticized the Virginia congressman as being more interested in politics than governing. In his efforts to help Christie and other Sandy ravaged governors get the aid they need, Cantor was governing and playing politics.
Me thinks the bill was pork stuffed and Christie ought pull out a mirror for congress to lay any blame.
tdziemia
GV/Schumacher
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C'mon, gang. Christie and Cantor are both from East Coast states that in any given year could be ravaged by another storm like Sandy. Boehner's from a state with a pretty low risk of major natural disaster like flood, hurricane, earthquake.
Wouldn't you have acted the same way if you were trying to represent your constituents' interests?
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