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Some tax hikes, spending
cuts now seen as
inevitable in January

Washington Post, by Paul Kane

Original Article

Posted By:Dreadnought, 12/15/2012 10:54:11 PM

President Obama and House Speaker John A. Boehner are continuing their talks, but key officials in both parties now believe that Washington will be unable to avoid some mix of the tax increases and automatic spending cuts mandated next month by the austerity measures known as the “fiscal cliff.” Senior Democratic and Republican officials say the best-case scenario will be for a less ambitious deal to extend middle-class tax cuts and forestall tax hikes on most Americans. But such a deal would still set in motion a series of steep spending cuts at some federal agencies

      


Post Reply  

Reply 1 - Posted by: Mike PHX, 12/15/2012 11:04:08 PM     (No. 9068371)

Boehner: "Stop doing that! My bottom hurts! Stop it, please! It´s painful!"

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Reply 2 - Posted by: HistoryBuff, 12/15/2012 11:38:37 PM     (No. 9068412)

Let´s create a tax the Democrats hate.

Let´s propose a tax on abortions.

I dare you.

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R-G1
  
R-VAR_AD


 
Reply 3 - Posted by: Axeman, 12/15/2012 11:59:33 PM     (No. 9068440)

"Steep spending cuts"? Or cuts in the rate of growth?
I want to see STEEP spending CUTS.

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Reply 4 - Posted by: DaBigGuy, 12/16/2012 12:18:54 AM     (No. 9068468)

Start with the steep spending cuts. Whatever they cut, we´ll most likely not miss.

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Reply 5 - Posted by: fiddle ed, 12/16/2012 12:42:16 AM     (No. 9068496)

This story has the same ending. Tax now, cut later (yeah, right). The old Charlie Brown field goal.

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Reply 6 - Posted by: Attercliffe, 12/16/2012 3:29:25 AM     (No. 9068552)

FTA: ". . . now seen as inevitable in January."

No! You don´t say! Well, I am shocked and appalled. /s

P.S. Mr. Kane, did you know the Beatles broke up?

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Reply 7 - Posted by: clayusmcret, 12/16/2012 8:42:15 AM     (No. 9068770)

America voted for continued stagnation in Washington by leaving the House under one party and the WH and Senate under the other. There was a clear message to increase taxes for all and cut everything. All of this could have been avoided, but no one wanted to deal with it. As a result, both the Bush tax cuts and Sequestration have been preordained to occur.

Put on your seatbelt Margaret. It´s going to be a bumpy ride!

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Reply 8 - Posted by: Muguy, 12/16/2012 9:03:26 AM     (No. 9068817)

#5 has it--Lucy is about to pull that "tax cut" football away from Good Old Charlie Brown again!!!!

I will be mad as hell and wondering why we have so many spineless Republicans if my Bush Tax Cut goes away and I have to come up with an additional $3000 for the Dictator to give away or use to prop up his overspending.

People, Listen Up!:

Never in the history of the world has a country taxed itself into prosperity!

Likewise, there never is "deficit reduction"--its just a way to keep spending us into oblivion by subsidizing MORE uncontrolled spending. Don´t buy it!

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