'Fiscal cliff' deal emerging

Discussion in 'Politics' started by Nova78, Dec 31, 2012.

  1. Nova78
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    Nova78 Silver Member

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    AP Sources: 'Fiscal cliff' deal emerging | General Headlines | Comcast

    The contours of a deal to avert the `fiscal cliff' emerged Monday, with Democrats and Republicans agreeing to raise tax rates on family income over $450,000 a year, increase the estate tax rate and extend unemployment benefits for one year, officials familiar with the negotiations said.

    But with a midnight deadline rapidly approaching, both sides were at an impasse over whether to put off automatic, across-the-board spending cuts set to take effect on Jan. 1, and if so, how to pay for that. Democrats want to put off the cuts for one year and offset the so-called sequester with unspecified revenue.

    Officials emphasized that negotiations were continuing and the emerging deal was not yet final. President Barack Obama was to speak about the status of the negotiations from the White House Monday afternoon.

    Finally Obama and Boehner tire of playing with there dicks........
     
  2. SniperFire
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    SniperFire Senior Member

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    I would like to hear what the Tea Party House vote - the deciders - thinks about it.
     
  3. PredFan
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    PredFan Gold Member

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    Damn Boehner caved already? I knew it would happen but not so soon.
     
  4. Rat in the Hat
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    Rat in the Hat Gold Member

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    The article only talks about what is happening in the Senate. I haven't seen anything about the House talks.
     
  5. waltky
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    waltky Wise ol' monkey Supporting Member

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    Granny says it's just a patch - dey kickin' the can down the road - again...
    :eusa_eh:
    House won't vote before midnight on 'cliff' deal
    31 Dec.`12 WASHINGTON (AP) — The House will miss the midnight Monday deadline lawmakers set for voting to avoid the "fiscal cliff."
    See also:

    The fiscal cliff is nigh; Senators strike deal, House won't vote
    Mon December 31, 2012 - Senate leaders cut a deal to avoid the fiscal cliff
    Biden pitches the plan to Democrats late Monday; Obama says more work will be needed and chides Congress for dragging its feet; "Take the 84% of your winnings off the table," anti-tax crusader advises GOP


     
  6. Toro
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    Toro Diamond Member

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    That's what I'm wondering.

    But it was approved 89-8 in the Senate.
     
    Last edited: Jan 1, 2013
  7. MeBelle
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    MeBelle Mebellien Mothership © Supporting Member

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