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Fri Dec 21, 2012, 12:06 PM

Brace yourself.

The President will not permit us to go "over the cliff".

He will make a deal. Some will call it a "big fold".

But, do not be surprised if the "Bush tax cuts" are extended once again, in an agreement with the Repubs not to block the debt limit vote in two or three months.

He sees no other options.

(This is just my opinion. I have no inside information)

19 replies, 1309 views

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Arrow 19 replies Author Time Post
Reply Brace yourself. (Original post)
kentuck Dec 2012 OP
SammyWinstonJack Dec 2012 #1
L0oniX Dec 2012 #2
kentuck Dec 2012 #4
TwilightGardener Dec 2012 #3
upaloopa Dec 2012 #5
morningfog Dec 2012 #6
Chan790 Dec 2012 #7
kentuck Dec 2012 #12
Chan790 Dec 2012 #13
kentuck Dec 2012 #16
Chan790 Dec 2012 #18
kentuck Dec 2012 #19
Barack_America Dec 2012 #8
kentuck Dec 2012 #9
Barack_America Dec 2012 #10
kentuck Dec 2012 #11
aint_no_life_nowhere Dec 2012 #14
kentuck Dec 2012 #15
closeupready Dec 2012 #17

Response to kentuck (Original post)

Fri Dec 21, 2012, 12:09 PM

1. Probably.

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Response to kentuck (Original post)

Fri Dec 21, 2012, 12:09 PM

2. We need to go over the cliff...

so the Dems can offer a tax reduction bill for those making under 100k. Watch the repukes explode when that happens! Oh and what will happen in 2014 if they do obstruct a tax reduction bill.

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Response to L0oniX (Reply #2)

Fri Dec 21, 2012, 12:10 PM

4. I do not think the President sees that as an option.

From my perspective.

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Response to kentuck (Original post)

Fri Dec 21, 2012, 12:09 PM

3. That would be disappointing. I'm ready for a Thelma and Louise

moment.

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Response to kentuck (Original post)

Fri Dec 21, 2012, 12:11 PM

5. I think we go over the ramp. Boner has no power

to make a deal after the tea baggers handed him his hat yesterday.

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Response to kentuck (Original post)

Fri Dec 21, 2012, 12:15 PM

6. He already extended the Bush tax cuts. They are already as much Obama's as Bush's now.

I wouldn't be surprised to see them extended again.

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Response to kentuck (Original post)

Fri Dec 21, 2012, 12:17 PM

7. There need to be two grand compromises here...

and the president will not be the only one making one.

Yesterday's "Plan B" vote showed that the only way Boehner can get anything out of the House at-all, let alone something that the Senate or President will sign-off on will be to build a voting bloc of non-crazy Republicans and most of the Democrats. That proposal is certainly one that will be viewed here as a "fold" because we will not get everything we want...but it's a substantially better deal than we will be able to get even in the new Congress.

I'd not be surprised if there were another extension of the tax cuts (or some portion above $250K) in the deal, but there would be substantial Republican "blood on the table" in exchange. I won't be happy about it but I might be able to live with it.

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Response to Chan790 (Reply #7)

Fri Dec 21, 2012, 12:52 PM

12. Why would there be Repub "blood on the table"??

This is what they wanted all along.

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Response to kentuck (Reply #12)

Fri Dec 21, 2012, 02:44 PM

13. Because the only way left to Boehner is to pass a bill supported in majority by Dems and a few GOPs.

Not the other way around. There will be GOP blood on the table because if you were the President, Reid or Pelosi...would you compromise to a bill that didn't force major GOP concessions and the slaughter of their sacred cows in exchange for those tax-breaks? Me, I'd demand federal funds for everything the GOP has vowed to not fund...and I'd ask for stimulus...and I'd ask for substantial (but smaller than sequestration) surgical military cuts.

It's also "blood on the table" because yesterday's vote can be taken as a straw-poll on Boehner and it looks like he won't be keeping the Speakership unless he can pull a deal from his ass at the same time he takes his intra-party insurgency to the woodshed.

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Response to Chan790 (Reply #13)

Fri Dec 21, 2012, 03:07 PM

16. All the Repubs would vote to extend all the tax cuts...

So where is the blood?

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Response to kentuck (Reply #16)

Fri Dec 21, 2012, 03:26 PM

18. Clearly not...

he couldn't get Plan B passed and that was everything the GOP wanted and nothing they didn't.

But assuming that were true, do you think the President and Senate would do that without Boehner putting GOP key-issues on the table? I don't.

Nor do I have to know what the blood on the table is...I just know it'll have to be there.

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Response to Chan790 (Reply #18)

Fri Dec 21, 2012, 03:35 PM

19. That was not everything the GOP wanted.

They did not want taxes to go up on anyone, not even the billionaires. If the Bush tax cuts were to be extended once again, they would jump on it like a chicken on a June bug.

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Response to kentuck (Original post)

Fri Dec 21, 2012, 12:19 PM

8. It's not just up to Obama.

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Response to Barack_America (Reply #8)

Fri Dec 21, 2012, 12:20 PM

9. Repubs will agree to extend the Bush tax cuts.

end of problem.

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Response to kentuck (Reply #9)

Fri Dec 21, 2012, 12:30 PM

10. Dems may not.

Especially if SS is part of the deal. Voting for that would make them extraordinarily vulnerable.

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Response to Barack_America (Reply #10)

Fri Dec 21, 2012, 12:33 PM

11. SS will not be part of the deal.

It will be simple and clean. Extend the Bush tax cuts and Repubs promise not to block debt limit vote. That is all.

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Response to kentuck (Original post)

Fri Dec 21, 2012, 02:53 PM

14. I hope you are wrong

It would against virtually every promise Obama made during the campaign. Why not go over the cliff? After all, the pre-Bush era taxes rates didn't destroy the country. My feeling is that the fiscal cliff will turn into a dud, as big a dud as the speculated 2012 doomsday.

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Response to aint_no_life_nowhere (Reply #14)

Fri Dec 21, 2012, 03:06 PM

15. I agree with you but...

I don't think that is the way the President thinks and that is not the advice he is getting. Personally, I think we would all be better if there was no deal.

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Response to kentuck (Original post)

Fri Dec 21, 2012, 03:12 PM

17. K&R

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