General Discussion

boxman15

(1,033 posts) Tue Dec 18, 2012, 02:13 AM Dec 2012

Prediction: We're going over the cliff

Despite a more than generous offer from President Obama, Boehner and the GOP have already rejected the offer, saying the new revenue and the $50 billion in infrastructure spending goes too far. $1.2 trillion in revenue is $1.2 trillion too much for them. If they can't take this deal, what can they take?

I'm about 90% certain we're about to go over the cliff, and considering where the debates are going, that may be a good thing. A quick tax cut bill for those making under $250,000 (or $400,000 at least) could be passed relatively easily in the new Congress once we fly off the cliff.

What say you?

11 replies

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Highlight:

Prediction: We're going over the cliff (Original Post) boxman15 Dec 2012 OP

I hope that you're right MannyGoldstein Dec 2012 #1

I hope you're right. Lasher Dec 2012 #2

The house is still in Tea Party control julian09 Dec 2012 #4

Could be a game of face saving BeyondGeography Dec 2012 #3

Seems To Me That This Is One Of Those 3 Dimensional Chess Moves..... global1 Dec 2012 #5

Obama is the proverbial "Jedi Master" LeftofU Dec 2012 #10

We NEED to...It is far better than what is rumored to be on the table. Faryn Balyncd Dec 2012 #6

It's probably the better outcome LeftofU Dec 2012 #7

I hope so. HiPointDem Dec 2012 #8

I can only hope this is true. I might have to vote for a republican just to say "thank you for being Egalitarian Thug Dec 2012 #9

"For a little while it will feel like we are floating." nt raouldukelives Dec 2012 #11

MannyGoldstein

(34,589 posts)

1. I hope that you're right

Reply to boxman15 (Original post)

Tue Dec 18, 2012, 02:17 AM

Dec 2012

But I don't think so.

And even if we do, it won't help. It's tough to put the toothpaste back in the tube: Obama's proposals to cut entitlement will be tough to rescind.

Lasher

(27,638 posts)

2. I hope you're right.

Reply to boxman15 (Original post)

Tue Dec 18, 2012, 02:21 AM

Dec 2012

If adjustments need to be made, we'd be in a better position and with a better Congress.

julian09

(1,435 posts)

4. The house is still in Tea Party control

Reply to Lasher (Reply #2)

Tue Dec 18, 2012, 02:40 AM

Dec 2012

and could add tax cut for rich amendment or Boehner could just not bring it up, he decides what comes up for vote.

BeyondGeography

(39,380 posts)

3. Could be a game of face saving

Reply to boxman15 (Original post)

Tue Dec 18, 2012, 02:28 AM

Dec 2012

Obama can tell the public he tried to make a deal; Boehner can keep both the baggers under control and his job.

global1

(25,270 posts)

5. Seems To Me That This Is One Of Those 3 Dimensional Chess Moves.....

Reply to boxman15 (Original post)

Tue Dec 18, 2012, 03:17 AM

Dec 2012

PBO makes this concession knowing that Boehner won't be able to accept it. We go over the fiscal cliff. The Repugs get the blame. When the new Congress comes back - PBO sticks it to them with just tax cuts for those making less than $250,000. Repugs will have to go along with that. I'm now for letting us go over the fiscal cliff. The only thing that can screw this up is if Boehner and the Repugs accept this deal that PBO offered.