Democrats threaten to go over ‘fiscal cliff’ if GOP fails to raise taxes

Discussion in 'Politics' started by Matthew, Jul 16, 2012.

  1. Matthew
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    Matthew Blue dog all the way!

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    Democrats threaten to go over ‘fiscal cliff’ if GOP fails to raise taxes
    Washington Post ^

    Democrats threaten to go over ‘fiscal cliff’ if GOP fails to raise taxes - The Washington Post

    Democrats are making increasingly explicit threats about their willingness to let nearly $600 billion worth of tax hikes and spending cuts take effect in January unless Republicans drop their opposition to higher taxes for the nation’s wealthiest households.

    Emboldened by signs that GOP resistance to new taxes may be weakening, senior Democrats say they are prepared to weather a fiscal event that could plunge the nation back into recession if the new year arrives without an acceptable compromise.

    In a speech Monday, Sen. Patty Murray (Wash.), the Senate’s No. 4 Democrat and the leader of the caucus’s campaign arm, plans to make the clearest case yet for going over what some have called the “fiscal cliff.”

    “If we can’t get a good deal, a balanced deal that calls on the wealthy to pay their fair share, then I will absolutely continue this debate into 2013,” Murray plans to say, according to excerpts of the speech provided to The Washington Post.

    If the tax cuts from the George W. Bush era expire and taxes go up for everyone, the debate will be reset, Murray is expected to say. “Every proposal will be a tax-cut proposal,” according to the excerpts, and Republicans would no longer be “boxed in” by their pledge not to raise taxes.

    “If middle-class families start seeing more money coming out of their paychecks next year, are Republicans really going to stand up and fight for new tax cuts for the rich? Are they going to continue opposing the Democrats’ middle-class tax cut once the slate has been wiped clean? I think they know this would be an untenable political position.”

    Murray’s address, set to be delivered at the Brookings Institution, is meant to influence both the Nov. 6 election and the lame-duck legislative session in November and December
     
  2. grunt11b
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    grunt11b VIP Member

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    Let them. We the people will know what happened.
     
  3. editec
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    editec Mr. Forgot-it-All

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    Oh the DEBT is so SCARY!!!!!!!!

    Wake up, folks.

    Accounting is a marker not a universal truth.
     
  4. CrusaderFrank
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    CrusaderFrank Diamond Member

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    Democrats are economic Jihadists. They wired themselves up with Failed Keynesian economics, walked out onto Main Street USA and are threatening to hit the detonator
     
  5. Claudette
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    Claudette Gold Member

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    Better idea is to cut spending.

    Of course that won't happen.

    One has to wonder about the Clowns we elect to represent us. They sure are lacking in Common Sense.

    One has to wonder what happens when the spigot runs dry??
     
  6. zeke
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    zeke Gold Member

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    Scares you all to death that the Dems could hold the rest of us hostage like the repugs do.
    Personally I hope they do it (let all Bush cuts expire) Between my Sch C income and Sch E income, I won't feel a thing. But the rest of you rethugs, evidentally a tax increase of any sort will send you into financial ruin and bankruptcy. Good for you.

    Is that about right?
     
  7. CrusaderFrank
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    CrusaderFrank Diamond Member

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    ^

    Dems rooting for the downfall of America.

    Wow
     
  8. Mr. Shaman
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    Mr. Shaman Senior Member

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    There are those-of-us who ALREADY know.​

    It's TIME to allow the Bush Tax-Cuts to.....​

    :clap2:
     
  9. Two Thumbs
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    Two Thumbs Platinum Member

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    So the dems will fuck over the 99% if the 10%ish, isn't fucked over?

    :lol:

    Yeah, I fucking dare them.

    If they do, it's off too the dustbin of history
     
  10. Mr. Shaman
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    Mr. Shaman Senior Member

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    [​IMG]



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