Sounds like we’re going over!
Republican House Leader John Boehner played around with this all year. He knew we were quickly approaching a deadline, but instead of working with the President to come to a deal of the Fiscal Cliff, Boehner continued the games and now expects the Senate to solve his problems.
But Senate Leader Harry Reid has something to say about that:
Speaking on the Senate floor, Reid castigated Speaker John Boehner (R-Ohio) for sending members of the House back to their districts last week after he was forced to scrap his “Plan B” tax plan for lack of support.
The Democratic leader said that even if Boehner agreed to hold a vote extending the Bush tax rates for incomes up to $250,000 — as Democrats have demanded to avoid one part of the fiscal cliff — it might not make it through Congress in time to prevent tax increases from beginning next year.
“I have to be honest — I don’t know, time-wise, how it can happen now,” Reid said.
Boehner said last week that he would give members of the House 48 hours notice if they needed to return for a vote on fiscal matters, but GOP leaders have yet to give the order for them to return.
“[Boehner] should call them back today — he shouldn’t have let them go, in fact,” Reid said.
Senators returned to work on Thursday with time running out to reach an agreement on a slew of tax increases and automatic spending cuts that are set to begin in January.
I don't either, but if we have to pay our bills the government must pay their bills also. No more taxes and no more increase in taxes. If we sit down and look at the taxes we pay on everything including air we breathed, it is ridiculous how much taxes we pay.
Dorothy Rayner, that is a good idea, in theory. As of 2012, about $3 trillion of the nearly $16 trillion national debt is owed to the SSA and that's in Treasury Bills that the Federal Reserve exchanges with the SSA for cash to pay other bills. But, more in interest payments went to the SSA than was paid to 2011 that the SSA paid out in benefits- ($110 million paid out, $142 million collected in interest payments). The whole "SSA adds to the debt" idea is bogus since the SSA is self-supporting, but some (many?) Republicans spread the lie that the SSA needs to be cut even though that would make absolutely no difference to the National debt; but a lot of less-educated people believe any lie the GOP pushes. I'm with you: tax the rich. From WWII until 1960 the top marginal rate was 89% to 90% And in the 1960s and 1970s the top rate was 70%, yet the US not only prospered, it became the wealthiest nation on earth. We rebuilt Europe after the war, provided the GI Bill for veterans, grew the middle class and the rich were still rich, so I don't understand the reluctance to raise taxes even to the Clinton-era rates.
Tell John Bohener to pay the SS Administration back the monies owed to them with interest, if he wants to do something spectacular. Tax the "rich" they got rich by stealing monies from the SS Administration, did they not? That would clear up the SS Administration from being attacked, would it not?