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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsHouse GOP Balking On Fiscal Cliff Deal
David Kurtz
Its been hard to find a single sign today that the fiscal cliff deal is going to garner support from a majority of House Republicans and there are abundant signs pointing in the opposite direction. Similarly, theres no evidence that Speaker Boehner is preparing to pass the bill with less than majority GOP support.
In short, things are not playing out today consistent with the notion that the White House, Senate and House had really reached a deal last night that each side could deliver on. And the gamble the White House and Senate may have made that they could pressure the House with a fait accompli of a deal is looking like a bust.
I dont guess this should be a surprise. The underlying politics have changed very little since the House GOP shot down Boehners own plan B. But it is mystifying why Senate Republicans thought this deal would fly or why it would leave them less exposed politically even if it died in the House.
The latest from the Hill is talk of the House amending the bill i.e., adding spending cuts and shipping it back to the Senate. A game of legislative hot potato. But that doesnt seem likely to go anywhere. So were stuck. Again. No resolution in sight.
http://talkingpointsmemo.com/archives/2013/01/house_gop_balking_on_fiscal_cliff_deal.php
This bill expires once the new Congress convenes January 3.
alcibiades_mystery
(36,437 posts)Either works for me, though the cliff is a nasty result.
If the House GOP can't do what they should, too bad.
ProSense
(116,464 posts)we get to test the theory that President Obama can get a better deal.
There are pros and cons to going over the cliff.
The best things about going over the cliff are the defense cuts and the expiration of the full tax cuts on the rich. The worst things are the spending cuts to social programs (and you have to be willing to live with these).
This deal allows the majority of the tax cuts on the rich to expire, preserves the safety net, delivers more relief to low-income and unemployed Americans and doesn't cut spending.
Over the cliff, I think unemployment benefits would be extended, though I doubt it would be for a full year at 73 weeks. The President would definitely introduce the tax cuts below $250,000, but there is no guarantee he would get them. Sure Republicans would look like assholes for blocking them, but has that ever mattered to them?
The other programs in the current deal would not pass. Republicans, especially those in the House, would balk at extending the 2009 similus tax credits for college tuition, doc fix, permanent AMT and renewable energy tax credits.
Krugman agrees:
http://krugman.blogs.nytimes.com/2012/12/31/conceder-in-chief-2/
One of the 99
(2,280 posts)That's is easy to say for anyone who is not directly impacted by this cuts. But there are millions of people that will be and these cuts will be devastating to them. Are we really willing to let other people's children to starve to stand up for our ideological principles?
ProSense
(116,464 posts)advocates going over the cliff is basically saying they're willing to live with the consequences.
Frankly, those focused on the expiration of all the tax cuts as the most important thing are putting the spending cuts, extension of unemployment and other aid secondary to that goal. I know because I accepted that to let the tax cuts expire meant postponing any extension or even losing some of these programs and accepting the spending cuts.
Howard Dean: "I think the smart thing to do here is to go over the cliff..."
http://upload.democraticunderground.com/10022097157
Robert Reich:
http://upload.democraticunderground.com/10022110382
Krugman acknowledges (see previous comment) that some things will be lost.
One of the 99
(2,280 posts)The brunt of those consquences will be felt by other people. Howard Dean, who is governed as a fiscal conservative in Vermont, and Paul Krugman and Robert Reich won't be losing needed benefits by going over the cliff. It's easy for them to say go over the cliff because they won't be hurt much by it.
GoCubsGo
(32,086 posts)Can't say I'm surprised.
flamingdem
(39,313 posts)ugh
Watch the msm let them get away with double speak..
ProSense
(116,464 posts)Biggest deficit reduction of all these proposals.
Fine, let the tax cuts expire. We'll all have to deal with what we get on the other side.
flamingdem
(39,313 posts)is that the teabaggers in the house do not even understand what is at stake or the details... we're up against stupid here and thus the results are chaotic!
I hope the admin can make lemonade out of these lemons.
yodermon
(6,143 posts)Doubt it.