Fiscal Cliff Deal Reached: White House, Hill Leaders Agree To Delay Sequester

[Wry Catcher]

Maybe.

Republican Senators cave, proving once again their jobs are more important then your job.

 

[SFC Ollie]

This is a deal?



But there was discontent among Senate Democrats worried that the proposal did not go far enough in taxing the rich. The Democrats asked for a meeting with Vice President Joe Biden to have him explain the talks he was having with Republican Senate Minority Leader Mitch McConnell.

"The caucus as a whole is not sold" on the plan, said a Senate Democratic aide. "We just don't have the votes for it."

"Fiscal cliff" tumble looms despite Senate efforts - Yahoo! News

 

[Lakhota]

WASHINGTON -- Three hours shy of the midnight deadline, the White House and congressional leaders reached a deal to avert the so-called fiscal cliff, several sources confirmed to The Huffington Post.

Under the deal brokered by Vice President Joe Biden and Senate Minority Leader Mitch McConnell (R-Ky.), Congress would extend the Bush income tax cuts below the $450,000 threshold, keep the estate tax threshold at $5 million and extend unemployment benefits. It would also temporarily delay the sequester -- i.e., billions of dollars in across-the-board spending cuts -- for another two months.

More: Fiscal Cliff Deal Reached: White House, Hill Leaders Agree To Delay Sequester By Two Months

 

[emptystep]

Well some one did their job tonight.

 

[Plasmaball]

Well some one did their job tonight.

not washington

 

[Charles_Main]

Still has to be approved by the house tomorrow.

 

[JakeStarkey]

dems got their tax raise and entitlement protections while the GOP pushed back the spending cuts to Feb. The TPM members have to learn how to be adult. For shame.

 

[emptystep]

Well some one did their job tonight.

not washington

how so?

 

[emptystep]

Still has to be approved by the house tomorrow.

If they vote on it tomorrow. They might not.

 

[Lakhota]

I remain skeptical...

 

[bucs90]

So taxes are going up on those earning over 450K a year? Oh my, how will they ever get by!?

 

[Darkwind]

There has been a vote?

I doubt the deal will pass the House.

 

[blackhawk]

Yes the main problem that faces the nation has again been kicked down the road for two months and in two months it will be kicked down the road again and again and again and again and again.

 

[emptystep]

There has been a vote?

I doubt the deal will pass the House.

The house is done for the day.

 

[Darkwind]

There has been a vote?

I doubt the deal will pass the House.

The house is done for the day.

so, no deal is reached then.

Thread is nothing but a shame.

 

[emptystep]

I remain skeptical...

Screw it. Assume the best., enjoy your New Years, and bitch in the morning. I know I will.

 

[JakeStarkey]

The House will meet tomorrow.

 

[emptystep]

There has been a vote?

I doubt the deal will pass the House.

The house is done for the day.

so, no deal is reached then.

Thread is nothing but a shame.

It is a huge step more than was an hour ago.

 

[Darkwind]

The house is done for the day.

so, no deal is reached then.

Thread is nothing but a shame.

It is a huge step more than was an hour ago.

Really doesn't' mean a thing though. And truthfully, I'd love to see the look on Harry "Pass the Cheddar" Reid's face when it is announced that Boner won't be bringing the deal to the floor for a vote.

 

[JakeStarkey]

We will see tomorrow.