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The fiscal cliff
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HairOfTheDog Offline
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Post: #127
RE: The fiscal cliff

(01-19-2013 12:51 PM)username Wrote:  The can gets kicked down the road...again.

Yeah, another delay, but at least it's not as much of a delay AND a pissing contest as it was. It will be interesting to see if the paycheck sacrifice will motivate the finalization of a budget, finally.

"The House Republicans’ campaign arm quickly moved from taunting Democrats about raising the government’s borrowing limit to demanding that they sacrifice their paychecks if they fail to pass a budget."





01-19-2013 06:23 PM
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Maggot Offline
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Post: #128
RE: The fiscal cliff

(01-19-2013 12:51 PM)username Wrote:  The can gets kicked down the road...again.

No the White house has to do a budget. They would not do it themselves so they are forced to do it. It is whats right. Somebody has to cut the credit card up, and they will be demonized for it. Just like a strict parent would be.






You couldn't get a clue during the clue mating season in a field full of horny clues if you smeared your body with clue musk and did the clue mating dance.
01-19-2013 07:15 PM
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username Offline
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Post: #129
RE: The fiscal cliff

I agree that a budget is long overdue. We'll see. We still have to deal with the sequestration issue first, right?

It just seems to me that meaningful reform (especially spending cuts) keep getting kicked down the road because the assholes can't figure out how to negotiate a deal.






Commando Cunt Queen
01-19-2013 07:24 PM
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HairOfTheDog Offline
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Post: #130
RE: The fiscal cliff

So the House voted today and the debt ceiling and spending debates are officially postponed until March. The current situation has been years in the making and I really hope that there is finally a budget/plan with the aim of debt reduction ready to go by the end of March. I'm too jaded to bet a paycheck on it myself, but if some forward movement isn't in place by the end of the first quarter, I think we will have just moved to a different cliff side setting.

WASHINGTON — Avoiding an economic showdown with President Obama, the House on Wednesday passed legislation to suspend the nation’s statutory borrowing limit until May, without including the dollar-for-dollar spending cuts that Republicans once insisted would have to be part of any debt limit bill.

The 285-144 vote staved off an impasse that could have put the full faith and credit of the United States government into doubt and potentially set off an economic disaster. Instead, the next Republican showdown with the president will come in March, when the subject will be across-the-board spending cuts first and a possible government shutdown by the end of the month.

“We know with certainty that a debt crisis is coming to America. It’s not a question of if. It’s a question of when,” Representative Paul D. Ryan of Wisconsin, the Republicans’ former vice-presidential nominee and current Budget Committee chairman, said as he vowed to press ahead with deep spending cuts.


Full story:
http://www.nytimes.com/2013/01/24/us/pol....html?_r=0





01-23-2013 09:25 PM
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Maggot Offline
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Post: #131
RE: The fiscal cliff

Just re-reading this thread and it feels like this has happened before.






You couldn't get a clue during the clue mating season in a field full of horny clues if you smeared your body with clue musk and did the clue mating dance.
05-08-2018 12:18 PM
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Duchess Away
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Post: #132
RE: The fiscal cliff

(05-08-2018 12:18 PM)Maggot Wrote:  Just re-reading this thread and it feels like this has happened before.


After reading you say that, I went back and read it again too. We all sound so smart & knowledgeable! hah






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05-08-2018 12:30 PM
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Maggot Offline
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Post: #133
RE: The fiscal cliff

Yeah, age makes people cranky.






You couldn't get a clue during the clue mating season in a field full of horny clues if you smeared your body with clue musk and did the clue mating dance.
05-08-2018 01:02 PM
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