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(CBS New York)   Deal in Senate reached. Like the cartoon characters they are, wily Senators run off cliff, hang in midair, turn around, spin wheels, return to cliff   (newyork.cbslocal.com) divider line 223
    More: Followup, senator, Senate, White House, Eisenhower Executive Office Building, President Obama, itemized deductions, Earned Income Tax Credit  
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9592 clicks; posted to Politics » on 31 Dec 2012 at 9:23 PM (1 year ago)   |  Favorite    |   share:  Share on Twitter share via Email Share on Facebook   more»



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2012-12-31 09:24:24 PM  
Too bad. I was all set for the "cliff".
 
2012-12-31 09:25:37 PM  
So House Republicans agree to raise everyone's taxes.
 
2012-12-31 09:25:46 PM  
Fargin' Corksoakers.
 
2012-12-31 09:26:47 PM  
Doesn't matter, House isn't in... maybe they'll come back tomorrow to vote... maybe not... they've got far more important things to do than be bothered with governing the peasants.
 
2012-12-31 09:27:02 PM  
Any references to The Price is Right and the cliffhanger game during this topic?
 
2012-12-31 09:27:35 PM  
Bohener just has to agree to bring his bawl back to the table.
 
2012-12-31 09:28:22 PM  
Only the good ones, Subby, The bad ones hang in mid-air, hold up signs that say "yipes!", and then plummet to the ground.
 
2012-12-31 09:28:25 PM  
No. Fiscal cliff. We've been kicking this can down the road for far too long and we have to make cuts and sacrifices. This is utter bullshiat.
/traitors
//hang up 'em and let em burn
 
2012-12-31 09:28:39 PM  

NeverDrunk23: Any references to The Price is Right and the cliffhanger game during this topic?


Great now the yodeling is stuck in my head.

Now you all must suffer!

http://www.youtube.com/watch?v=DI2GGYppq7E
 
2012-12-31 09:28:58 PM  
Too real?
 
2012-12-31 09:29:39 PM  
Hooray?
 
2012-12-31 09:29:59 PM  
It would perhaps improve the situation if all the elected reps who have seen this coming for over a year and have *still* not been able to do anything productive to prevent it, were placed in a large bus and driven off a real cliff.

Well, maybe that's too drastic.

Can we at least lock them all in the congress building until they demonstrate that they can play nicely together and get some work done?
 
2012-12-31 09:30:10 PM  
To lead shortly
 
2012-12-31 09:30:17 PM  
I'm like half-surprised at this. Normally this is the end result to a 'crisis', but given how the Republicans have been shiatting their pants, they  did have incentive for it.
 
2012-12-31 09:30:51 PM  

Indubitably: To lead shortly


Happy New Year!
 
2012-12-31 09:30:54 PM  

GAT_00: So House Republicans agree to raise everyone's taxes.


Everyone already agreed to raise everyone's taxes when the last 'solution' was passed by Congress and signed into law by Obama...they also agreed on spending cuts.

Now they can all agree to lower everyone's taxes in January...and watch sequestration scrape things to the bone until Congress gets around to it...
 
2012-12-31 09:32:04 PM  
Senate is the easy one!
 
2012-12-31 09:35:36 PM  

Mrtraveler01: NeverDrunk23: Any references to The Price is Right and the cliffhanger game during this topic?

Great now the yodeling is stuck in my head.

Now you all must suffer!

http://www.youtube.com/watch?v=DI2GGYppq7E


You Monster
 
2012-12-31 09:36:21 PM  
Now we get to watch the House poop on it?
 
2012-12-31 09:36:55 PM  

Sock Ruh Tease: Now we get to watch the House poop on it?


DING DING DING.

WE HAVE A WINNER
 
2012-12-31 09:37:03 PM  
When I took a course in negotiations, I learned how many negotiations are signed on the last day, at the last minute, as it becomes just about too late to catch that airplane back to the States or the hometown.

The folks being rushed always lose the negotiation, always give away too much.
 
2012-12-31 09:38:14 PM  

MrGMan: GAT_00: So House Republicans agree to raise everyone's taxes.

Everyone already agreed to raise everyone's taxes when the last 'solution' was passed by Congress and signed into law by Obama...they also agreed on spending cuts.

Now they can all agree to lower everyone's taxes in January...and watch sequestration scrape things to the bone until Congress gets around to it...


The tax raises have always been in the books since the Bush era tax cuts... when the cuts were written, the GOP way of getting around rules regarding revenue allocation and the number of votes needed was to make it a temporary measure... this was the grand-daddy of all "stimulus" plans... they sold it as a temporary measure to bolster the economy... then they kept pressing and pressing to make it permanent later. This bill, and most others like it, will almost always have the temporary tag on them, actually balancing the books would be an unheard of thing for either party.
 
2012-12-31 09:38:22 PM  
Interesting. They actually permanently changed the AMT.

And, it looks like they implemented half of the desired high income tax changes with an expectation to phase in the 250k level.

Also, capital gains on rich people.

Surprised at the long extensions for some of the credits.
 
2012-12-31 09:38:42 PM  

RoyBatty: When I took a course in negotiations, I learned how many negotiations are signed on the last day, at the last minute, as it becomes just about too late to catch that airplane back to the States or the hometown.

The folks being rushed always lose the negotiation, always give away too much.


Which is to say, this would probably be the bad deal for the Repubicans, unless the Democrats were really terrible negotiators, but that's not what their history shows, is it. Is it?? (Sigh.)
 
2012-12-31 09:38:43 PM  

RoyBatty: When I took a course in negotiations, I learned how many negotiations are signed on the last day, at the last minute, as it becomes just about too late to catch that airplane back to the States or the hometown.

The folks being rushed always lose the negotiation, always give away too much.


And never go in against a Sicilian.
 
2012-12-31 09:39:14 PM  
That deal doesn't sound that terrible. I didn't expect capital gains tax to increase. It's now almost a progressive tax, too. Neat.
 
2012-12-31 09:39:39 PM  

firefly212: Doesn't matter, House isn't in... maybe they'll come back tomorrow to vote... maybe not... they've got far more important things to do than be bothered with governing the peasants.


Whenever they do it they can make it retroactive to January 1, 2013.
 
2012-12-31 09:39:42 PM  
CNN commentators wired like they've gone thru a case of Monster drinks, blathering on about this 'deal' stuff and saying nothing in particular. So they're kicking the can down the road. Yee-farking-ha. I'm tuning back to the game.
 
2012-12-31 09:42:31 PM  
As we enter this bright new year, we should pause to reflect upon the debt of gratitude we owe to our fearless leaders who have worked tirelessly and selflessly in the face of insurmountable odds. Though it took all the grit, determination and self-sacrifice they could muster they have come together for the betterment of our great nation. Together. Together we shall all share in a better tomorrow.
 
2012-12-31 09:42:34 PM  

RoyBatty: RoyBatty: When I took a course in negotiations, I learned how many negotiations are signed on the last day, at the last minute, as it becomes just about too late to catch that airplane back to the States or the hometown.

The folks being rushed always lose the negotiation, always give away too much.

Which is to say, this would probably be the bad deal for the Repubicans, unless the Democrats were really terrible negotiators, but that's not what their history shows, is it. Is it?? (Sigh.)


I dunno...it doesn't look terrible.

Capital gains was changed, income tax was partially changed with a phase in for the second bracket. There was also long extensions for some good credits plus the AMT fix and to top it off, there was a SS and Medicare cut block.

I'm guessing the unemployment extension is the only thing the democrats really got in addition to stuff that was going to happen (unless I missed something). Shame there wasn't a debt ceiling or certain spending cut things.
 
2012-12-31 09:43:14 PM  

Krieghund: firefly212: Doesn't matter, House isn't in... maybe they'll come back tomorrow to vote... maybe not... they've got far more important things to do than be bothered with governing the peasants.

Whenever they do it they can make it retroactive to January 1, 2013.


Which is fantastic... my withholding rate will be higher on friday, and I'm struggling to pay for food and drugs... but that's super if I'll be retroactively able to afford them... jacking peoples taxes up, then retroactively lowering them is great, if you can wait to get that money back... which is super, if you're part of the class the GOP cares about... but if you actually need the money you work for, well, f#@k you.
 
2012-12-31 09:44:10 PM  

Msol: That deal doesn't sound that terrible. I didn't expect capital gains tax to increase. It's now almost a progressive tax, too. Neat.


Agreed, there is some hope there for eliminating the debt.  This may be Obama's legacy more than anything else during his terms.
 
2012-12-31 09:45:10 PM  

firefly212: Krieghund: firefly212: Doesn't matter, House isn't in... maybe they'll come back tomorrow to vote... maybe not... they've got far more important things to do than be bothered with governing the peasants.

Whenever they do it they can make it retroactive to January 1, 2013.

Which is fantastic... my withholding rate will be higher on friday, and I'm struggling to pay for food and drugs... but that's super if I'll be retroactively able to afford them... jacking peoples taxes up, then retroactively lowering them is great, if you can wait to get that money back... which is super, if you're part of the class the GOP cares about... but if you actually need the money you work for, well, f#@k you.


Exactly how much is your withholding going to change on one paycheck to make the difference between you paying for food and not doing it?
 
2012-12-31 09:46:36 PM  
To build
 
2012-12-31 09:46:57 PM  

bulldg4life: firefly212: Krieghund: firefly212: Doesn't matter, House isn't in... maybe they'll come back tomorrow to vote... maybe not... they've got far more important things to do than be bothered with governing the peasants.

Whenever they do it they can make it retroactive to January 1, 2013.

Which is fantastic... my withholding rate will be higher on friday, and I'm struggling to pay for food and drugs... but that's super if I'll be retroactively able to afford them... jacking peoples taxes up, then retroactively lowering them is great, if you can wait to get that money back... which is super, if you're part of the class the GOP cares about... but if you actually need the money you work for, well, f#@k you.

Exactly how much is your withholding going to change on one paycheck to make the difference between you paying for food and not doing it?


A LOT of families live paycheck to paycheck, and even the difference of 20 bucks can be a big deal..
 
2012-12-31 09:49:40 PM  
i906.photobucket.com
 
2012-12-31 09:50:16 PM  

firefly212: Krieghund: firefly212: Doesn't matter, House isn't in... maybe they'll come back tomorrow to vote... maybe not... they've got far more important things to do than be bothered with governing the peasants.

Whenever they do it they can make it retroactive to January 1, 2013.

Which is fantastic... my withholding rate will be higher on friday, and I'm struggling to pay for food and drugs... but that's super if I'll be retroactively able to afford them... jacking peoples taxes up, then retroactively lowering them is great, if you can wait to get that money back... which is super, if you're part of the class the GOP cares about... but if you actually need the money you work for, well, f#@k you.


Except your withholding rate will be exactly the same on Friday because for the moment they're still using 2012 rates.
 
2012-12-31 09:50:26 PM  
Meep meep.
 
2012-12-31 09:51:45 PM  

Amos Quito: Meep meep.


To meep
 
2012-12-31 09:52:37 PM  

Mrtraveler01: NeverDrunk23: Any references to The Price is Right and the cliffhanger game during this topic?

Great now the yodeling is stuck in my head.

Now you all must suffer!

http://www.youtube.com/watch?v=DI2GGYppq7E


Not as bad as chicken yodeling!
/obscure?
 
2012-12-31 09:52:56 PM  

Bio-nic: bulldg4life: firefly212: Krieghund: firefly212: Doesn't matter, House isn't in... maybe they'll come back tomorrow to vote... maybe not... they've got far more important things to do than be bothered with governing the peasants.

Whenever they do it they can make it retroactive to January 1, 2013.

Which is fantastic... my withholding rate will be higher on friday, and I'm struggling to pay for food and drugs... but that's super if I'll be retroactively able to afford them... jacking peoples taxes up, then retroactively lowering them is great, if you can wait to get that money back... which is super, if you're part of the class the GOP cares about... but if you actually need the money you work for, well, f#@k you.

Exactly how much is your withholding going to change on one paycheck to make the difference between you paying for food and not doing it?

A LOT of families live paycheck to paycheck, and even the difference of 20 bucks can be a big deal..


Well, if a trained economist is living paycheck to paycheck, I've got to believe he isn't very good.

He also mentions his extensive snowboarding and and bike work including days off to go snowboarding.

If that is living paycheck to paycheck, sign me up.

Or, perhaps he is just blowing smoke.
 
2012-12-31 09:55:34 PM  
Government is like sharing a sleeping bag with a porcupine.

The less it moves, the better.
 
2012-12-31 09:56:46 PM  

anwserman: No. Fiscal cliff. We've been kicking this can down the road for far too long and we have to make cuts and sacrifices. This is utter bullshiat.
/traitors
//hang up 'em and let em burn


This is called TREASON.
Hang 'em.
 
2012-12-31 09:58:27 PM  

Krieghund: firefly212: Krieghund: firefly212: Doesn't matter, House isn't in... maybe they'll come back tomorrow to vote... maybe not... they've got far more important things to do than be bothered with governing the peasants.

Whenever they do it they can make it retroactive to January 1, 2013.

Which is fantastic... my withholding rate will be higher on friday, and I'm struggling to pay for food and drugs... but that's super if I'll be retroactively able to afford them... jacking peoples taxes up, then retroactively lowering them is great, if you can wait to get that money back... which is super, if you're part of the class the GOP cares about... but if you actually need the money you work for, well, f#@k you.

Except your withholding rate will be exactly the same on Friday because for the moment they're still using 2012 rates.


Huh

You'd think a trained economist would know that
 
2012-12-31 10:00:34 PM  

Krieghund: firefly212: Krieghund: firefly212: Doesn't matter, House isn't in... maybe they'll come back tomorrow to vote... maybe not... they've got far more important things to do than be bothered with governing the peasants.

Whenever they do it they can make it retroactive to January 1, 2013.

Which is fantastic... my withholding rate will be higher on friday, and I'm struggling to pay for food and drugs... but that's super if I'll be retroactively able to afford them... jacking peoples taxes up, then retroactively lowering them is great, if you can wait to get that money back... which is super, if you're part of the class the GOP cares about... but if you actually need the money you work for, well, f#@k you.

Except your withholding rate will be exactly the same on Friday because for the moment they're still using 2012 rates.


hooray. :D

/still pissed that guys who get paid hundreds of thousands of dollars out of my taxes (yes, I actually owe taxes most years) can't be bothered to work a few late nights out of the year.
//more pissed they don't work on the days they do show up.
 
2012-12-31 10:01:13 PM  

bulldg4life: Krieghund: firefly212: Krieghund: firefly212: Doesn't matter, House isn't in... maybe they'll come back tomorrow to vote... maybe not... they've got far more important things to do than be bothered with governing the peasants.

Whenever they do it they can make it retroactive to January 1, 2013.

Which is fantastic... my withholding rate will be higher on friday, and I'm struggling to pay for food and drugs... but that's super if I'll be retroactively able to afford them... jacking peoples taxes up, then retroactively lowering them is great, if you can wait to get that money back... which is super, if you're part of the class the GOP cares about... but if you actually need the money you work for, well, f#@k you.

Except your withholding rate will be exactly the same on Friday because for the moment they're still using 2012 rates.

Huh

You'd think a trained economist would know that


Economist != Accountant.
 
2012-12-31 10:02:25 PM  

sonnyboy11: Too bad. I was all set for the "cliff".


Same here. I was trying to decide if I wanted to bring a sled or a hang glider.
 
2012-12-31 10:03:13 PM  

Amos Quito: Government is like sharing a sleeping bag with a porcupine.

The less it moves, the better.


Government is like sharing a sleeping bag with a porcupine that sleeps near your crotch.

In general the less it moves, the better, but when it HAS to move ideally it should move so as to not stab your penis.
 
2012-12-31 10:03:15 PM  
The deal can't be done without the okay from the House.
 
2012-12-31 10:04:24 PM  

GAT_00: So House Republicans agree to raise everyone's taxes.


But they'll blame Obama.

A fool fights in a burning house. A group of ignorant asshats will burn the house down, blame someone else, and believe it.

/Congressional sociopaths
 
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