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Topic: US fiscal cliff: Obama cuts
short holiday to reach deal |
US fiscal cliff: Obama cuts
short holiday to reach deal
BBC [UK], by Staff
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Original Article
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Posted By:Attercliffe, 12/27/2012 6:54:35 AM
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| US President Barack Obama has cut short his holidays in Hawaii and is flying to Washington to try to reach a deal to avoid the so-called fiscal cliff. Unless a compromise is found, tax increases and huge spending cuts come into force on 1 January, threatening to tip the US back into recession. However, Democrats and Republicans are still at loggerheads over the issue. Meanwhile, the US Treasury has announced measures to prevent it hitting a legal limit on its borrowing.[Snip] The measures include: halting certain financial assistance provided by the federal government to state and local governments, suspending
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Comments:
Aha--the Magic of Three. Notice the first two measures are going to fire up the voting bloc against Republicans and the third is something that most of those voters won´t understand or care about.
Maybe if Geithner paid his taxes on time it would help a little. /s
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Reply 1 - Posted by:
GreatGreyhounds, 12/27/2012 6:58:36 AM (No. 9085317)
The real reason that Our Dear Reader is coming back early is that the Linebacker-in-Chief doesn´t want to fly on the same airplane...
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Reply 2 - Posted by:
Garage Logician, 12/27/2012 7:00:28 AM (No. 9085319)
It´s all Kabuki.
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Reply 3 - Posted by:
DaddyO, 12/27/2012 7:13:50 AM (No. 9085327)
"You get nothing. I get that for free."
Obama.
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Reply 4 - Posted by:
rustycfc, 12/27/2012 8:05:29 AM (No. 9085384)
just another big show,barf!!!
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Reply 5 - Posted by:
Bur Oak, 12/27/2012 8:08:28 AM (No. 9085393)
Obama flies back to Washington to continue campaigning.
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Reply 6 - Posted by:
arcady, 12/27/2012 8:13:10 AM (No. 9085400)
It should read:
"Obama pretend cuts short most recent holiday to campaign for his deal with TV photo Op"
...That must be to unwieldy for the average BBC reader.
...Have no fear though, no government employee or their sycophants will be harmed by the coming economic dislocations...
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Reply 7 - Posted by:
notestofingers, 12/27/2012 8:49:53 AM (No. 9085459)
He will be back in Hawaii by New Years. Show´s over.
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Reply 8 - Posted by:
pomom, 12/27/2012 8:56:27 AM (No. 9085474)
He´ll change out of his bermuda shorts and golf cleats in time to get off the plane just to do a little busy work. Probably kick the can down the road until mid January. They´re worried about a ´´deal´´ than a real solution.
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Reply 9 - Posted by:
Keekng, 12/27/2012 9:25:45 AM (No. 9085542)
Does anyone believe obama wants to make a deal? He is only interested in massive tax and spending bill and face time to feed his narcissism. He will never give.
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Reply 10 - Posted by:
tenncon231, 12/27/2012 10:06:03 AM (No. 9085654)
Liar liar pants on fire!! obummer isn´t in a deal making mode--just chgo thuggery and "winning isn´t the goal, killing the gop is"!
With the sycophant lsm he will probably be sucessful.
Will another lie be exposed by the lsm?
"Obama spent 21 hours on golf course, at gym during vacation...
Family time: 4 hours..." ht Drudge.
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Reply 11 - Posted by:
oh-heck, 12/27/2012 1:14:43 PM (No. 9086077)
There won´t be any deal. Taxes will increase revenue 450 billion in 2013. Sequester will save 100 billion. GOP should refuse to raise the credit limit. Go back to 2008 spending levels and there is no need to borrow any money. Hell, there´s even 24 billion in Obamacare taxes in 2013 and the program doesn´t go into effect until 2014.
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Reply 12 - Posted by:
dbdiva, 12/27/2012 1:19:10 PM (No. 9086082)
Why is our Dear Reader flying back to DC? Didn´t he say last week that he wanted to be ´left out of it´??
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