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Dashing hopes: Here comes the fiscal cliff
Here we are just a few days away from the new year, or as it is known in Washington this year, the "fiscal cliff." If a deal is not struck before Monday night, $500 billion worth of tax hikes and spending cuts (mostly tax hikes) will go into effect. What have the good folks we elected to manage our national affairs been doing lately to avoid that economically harmful scenario? Nothing.
President Obama flew to Hawaii and went golfing. On Thursday, it was reported that he had spoken to neither House Speaker John Boehner nor Sen. Harry Reid for days. Boehner tried to pass a deal that would make true on Obama's pledge to raise taxes on "millionaires and billionaires. It would have kept the Bush-era tax rates for everyone who earns less than $1 million a year. But some Republicans thought that was too big a pill to swallow.
Harry Reid returned time and time again to the microphones to blame everything on Republicans. Never mind that he sent only one bill designed to embarrass them to the evil House Republicans to vote on.
Americans head into this weekend with hopes for a real economic recovery in the new year. Washington politicians enter it hoping to blame the other side for the inaction that prevents or delays that real recovery. Happy New Year.
READER COMMENTS: 4
- John Stossel: Sublet my people go - 0
- Another View: A voter ID compromise with which we all can live - 15
- George Will: The NLRB’s school-door stand - 1
- Pat Buchanan: Barack Obama is the spectator President - 0
- Jonah Goldberg: Obama's 'idiot' defense - 1
- Another View: Amendments to the Senate casino bill make it worth passing - 4
- Charles Arlinghaus: On Medicaid expansion, the right answer is, 'not yet' - 2
- Deroy Murdock: A bloated state necessarily bullies, as the IRS did - 3
- Kathy Sullivan: The IRS scandal exposes flaw behind tax-exempt politicking - 24
READER COMMENTS: 0
- NHIAA Div. I Track: Lynch, North boys prevail - 0
- Two found dead in Belmont; one man detained as part of investigation - 0
- Weather may be more like Veterans Day than Memorial Day - 0
- Awards cap city's Small Business Week - 0
- Rock Cats-Fisher Cats suspended - 0
- Budget plan presses NH hospitals to join managed care networks - 0
- Students hold ceremony to honor flags - 0
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- McCafferty nominated for District Court judge position - 0
NHIAA Scoreboard, May 24, 2013
State’s stand-your-ground law intact
Rock Cats-Fisher Cats suspended
Just say it: Our fight is with radical Islam
The casino vote: The House did its duty