Category Archives: Fiscal Cliff Deal

The fiscal cliff vote was a disaster as the House lost all its power, which shifted to the Senate and the President.  No progress was made in reducing the deficit and no attempt to curb outrageous spending.  The Senate had 3 minutes from receipt of the 157 page bill to vote on it, which they…

My husband the CPA had complained about the Social Security payroll tax being cut. The one thing that we needed money in we were given a break on. Now it is going back to pre-cut levels and the American people will see an increase in their paychecks, which at this time will hurt all of…

I could not believe that technically nothing was really done.  Someone had said that it was like "Putting a bandaid on a bullet wound". I believe it was more like that there was no bandaid and someone says, "Spit on it and rub some dirt in it and then it will be grand".  WHAT A…

It appears right along the "tax negotiations" way that inevitably we would see various taxations implemented - although the key monumental negotiation was staying off the "fiscal cliff" no matter what - the Obamacare issues coming up for 2013, even if previously approved, yet remain on a possible negotiating table - most especially with the Obamacare given…

This travesty is not at all a "deal".  With the implementation of Obamacare, our President is fundamentally transforming our country and blaming everyone else for "his" executive decisions.  This is a MORAL issue. Obama has said America "can't simply cut our way to prosperity. Cutting spending goes hand in hand with tax codes". Obamacare, more specifically. Any intelligent…

The fiscal cliff wasn't averted, it was moved.  Both the Dems and GOP want some form of crisis available to make themselves seem more important than they are.

As a nation as well as in many states like Pennsylvania we are in such a financial mess I am really fearful about our economic future. Unless Republicans really hold firm and cut taxes and spending we are doomed for a financial mess that we may never recover from.

My gut reaction is that the SS tax should not have been lowered two years ago when the program is insolvent. We need to pay into the program to keep the program alive.

Congress missed a good opportunity to actually deal with the looming financial crisis that this country is facing.  I would presume that some in Congress are congratulating themselves for giving some Americans a tax cut since the vote was on Tuesday, when the reality is that increases are in store for most Americans, yet there…

Republicans were hung out to dry but I see no other realistic outcome. Those hand-wringing that the leadership "caved" disappoint me. Do we not save as many people and the country if possible? It will be a rude awakening, though, to those Obama supporters who think it is right to overburden the "rich" when they…