Create new account | My Profile | My Journal | My Account | My Inbox | Help | Log in

DU Home » Latest Threads » Forums & Groups » Main » Latest Breaking News (Forum) » Manchin introduces bill t...

Sun Dec 30, 2012, 07:24 PM

Keefer (219 posts)

Manchin introduces bill to ‘ease’ cliff

Source: Washinton Post Blog

Sen. Joe Manchin (D-W.Va.) has introduced a new bill that he says would soften the impact of going over the fiscal cliff.

It’s called the Cliff Alleviation at the Last Minute (CALM) Act, and Manchin says he’s not happy to author it.

“This is not a great plan, merely a better plan than going over the cliff,” Manchin said in a floor speech. “It should never have come to this.”

The measure would phase in the looming tax increases over three years, rather than all at once, and allow the Office of Management and Budget to pick which programs would be cut rather than having the across-the-board cuts contained in sequestration.

Read more: http://www.washingtonpost.com/blogs/post-politics/wp/2012/12/30/manchin-introduces-bill-to-ease-cliff/

15 replies, 1966 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum

Replies to this discussion thread

15 replies	Author	Time	Post
Manchin introduces bill to ‘ease’ cliff (Original post)	Keefer	Dec 2012	OP
Great idea	awake	Dec 2012	#1
Lousy idea.	Owl	Dec 2012	#2
Would you expand on why you believe its a "Lousy idea."?	cstanleytech	Dec 2012	#7
Lousy idea.	Panasonic	Dec 2012	#3
I agree with posts #2 and #3	Angry Dragon	Dec 2012	#4
Keeping power dry doesn't mean hand the powder to the other side.	Paulie	Dec 2012	#5
Sounds like a plan to exempt Defense budget cuts	Va Lefty	Dec 2012	#6
Dumb...Manchin's a moron	alcibiades_mystery	Dec 2012	#8
No, he's not dumb.	Lasher	Dec 2012	#14
Incrementalism is a Softer Approach	bucolic_frolic	Dec 2012	#9
Bad idea	adieu	Dec 2012	#10
I question anything that Manchin has to offer.	LiberalFighter	Dec 2012	#11
Totally stupid. It kicks tax increases for the rich down the road and spares defense. No way	plethoro	Dec 2012	#12
Yes, Manchin is a DINO.	Lasher	Dec 2012	#13
That would assure a standoff every 3-6 months for the next 3 years. n/t	rucky	Dec 2012	#15

Response to Keefer (Original post)

Sun Dec 30, 2012, 07:28 PM

awake (575 posts)

1. Great idea

Reply to this post

Back to top Alert abuse Link here Permalink

Response to Keefer (Original post)

Sun Dec 30, 2012, 07:29 PM

Owl (1,674 posts)

2. Lousy idea.

Reply to this post

Back to top Alert abuse Link here Permalink

Response to Owl (Reply #2)

Sun Dec 30, 2012, 08:08 PM

cstanleytech (5,311 posts)

7. Would you expand on why you believe its a "Lousy idea."?

Is it because the decisions would be made by the Office of Management and Budget? If so then what if they made the CBO the office decide instead?

Reply to this post

Back to top Alert abuse Link here Permalink

Response to Keefer (Original post)

Sun Dec 30, 2012, 07:33 PM

Panasonic (2,921 posts)

3. Lousy idea.

Let's wait until Jan 3rd before introducing anything.

Reid said the Senate is not voting for the fiscal cliff bill tonight - and this ain't it.

Reply to this post

Back to top Alert abuse Link here Permalink

Response to Panasonic (Reply #3)

Sun Dec 30, 2012, 07:35 PM

Angry Dragon (24,073 posts)

4. I agree with posts #2 and #3

Reply to this post

Back to top Alert abuse Link here Permalink

Response to Keefer (Original post)

Sun Dec 30, 2012, 07:40 PM

Paulie (5,832 posts)

5. Keeping power dry doesn't mean hand the powder to the other side.

Sigh

Reply to this post

Back to top Alert abuse Link here Permalink

Response to Keefer (Original post)

Sun Dec 30, 2012, 08:00 PM

Va Lefty (1,926 posts)

6. Sounds like a plan to exempt Defense budget cuts

If that's what it is, Bad Idea!

Reply to this post

Back to top Alert abuse Link here Permalink

Response to Keefer (Original post)

Sun Dec 30, 2012, 08:19 PM

alcibiades_mystery (28,413 posts)

8. Dumb...Manchin's a moron

Reply to this post

Back to top Alert abuse Link here Permalink

Response to alcibiades_mystery (Reply #8)

Mon Dec 31, 2012, 04:54 AM

Lasher (20,476 posts)

14. No, he's not dumb.

He's ambitious.

Reply to this post

Back to top Alert abuse Link here Permalink

Response to Keefer (Original post)

Sun Dec 30, 2012, 08:32 PM

bucolic_frolic (708 posts)

9. Incrementalism is a Softer Approach

Last edited Sun Dec 30, 2012, 08:34 PM USA/ET - Edit history (1)

and I'm surprised no one has tried it with all the fixed positions
floating around.

Can't do the deal? Soften the ideological purity.

Go for 3 months incrementally at 10-20% off the fixed points.

In both directions. Sure it delays the problem, but it avoids the
so called cliff.

As it is, neither side is talking with the other side, or at least neither
is understanding the other side.

And phasing in the tax increases (aka phasing out the Bush Tax Cuts gradually)
might be a sane approach to the economic recovery.

Reply to this post

Back to top Alert abuse Link here Permalink

Response to Keefer (Original post)

Sun Dec 30, 2012, 08:35 PM

adieu (481 posts)

10. Bad idea

Would allow them to phase in the high-income earners' tax increases last, and also allows the OMB to cut the essential items instead of the DoD items.

I personally want the cliff to happen. That would make those changes that we want, but nobody wants to be responsible for.

Reply to this post

Back to top Alert abuse Link here Permalink

Response to Keefer (Original post)

Sun Dec 30, 2012, 08:53 PM

LiberalFighter (31,080 posts)

11. I question anything that Manchin has to offer.

I don't trust his motives.

Reply to this post

Back to top Alert abuse Link here Permalink

Response to Keefer (Original post)

Sun Dec 30, 2012, 09:54 PM

plethoro (594 posts)

12. Totally stupid. It kicks tax increases for the rich down the road and spares defense. No way

Last edited Sun Dec 30, 2012, 09:55 PM USA/ET - Edit history (1)

should this be considered. Is Manchin a DINO?

Reply to this post

Back to top Alert abuse Link here Permalink

Response to plethoro (Reply #12)

Mon Dec 31, 2012, 04:17 AM

Lasher (20,476 posts)

13. Yes, Manchin is a DINO.

And he's looking to get attention on the national stage.

Reply to this post

Back to top Alert abuse Link here Permalink

Response to Keefer (Original post)

Mon Dec 31, 2012, 07:00 AM

rucky (35,002 posts)

15. That would assure a standoff every 3-6 months for the next 3 years. n/t

Reply to this post

Back to top Alert abuse Link here Permalink

Latest Breaking News (Forum)