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In reply to the discussion: everybody making $450k/yr goes back to Clinton-era rates... [View all]Cali_Democrat
(30,439 posts)9. Two words: Debt Ceiling
What happens when the GOP says they will not raise the debt ceiling unless they get cuts to programs like SS and Medicare?
This new deal deal should include raising of the debt ceiling otherwise the GOP will have more leverage when the debt ceiling debate comes in the next few weeks.
Back to square one where those programs are on the table again.
Just watch. The GOP will hold the economy hostage yet again. The 2011 manufactured debt ceiling fiasco is the whole reason why we have the fiscal cliff now.
The GOP is all about manufactured crisis and they will manufacture another one in the next few weeks.
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The revenues lost by failure not raise income tax rates on incomes between $250,000 and $450,000
indepat
Dec 2012
#38
Where was there a lie? Don't call my President a liar unless you can fucking back it up.
phleshdef
Dec 2012
#20
You think Obama won't negotiate on the debt ceiling and will simply invoke the 14th amendment?
Cali_Democrat
Dec 2012
#31
Question: What did Obama give up? (besides moving the threshold from 250K to 400K)
NightWatcher
Dec 2012
#10
The defense cuts from the sequester still stand with the current deal being discussed.
phleshdef
Dec 2012
#19
I'd be fine with that just so long as I could unload my dotcom stocks at the Clinton era prices
Brother Buzz
Dec 2012
#40