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Thread: Obama ready to veto a bill blocking ‘fiscal cliff’ without tax hike for rich

  1. #41
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    Re: Obama ready to veto a bill blocking ‘fiscal cliff’ without tax hike for rich

    So...question.



    What ACTUALLY happens when we go over said fiscal cliff should nothing be resolved?


    Can I take "Nothing" for 500, Bob?
    Quote Originally Posted by calamity View Post
    Reports indicate that everyone knew he was hauling a bunch of guns up there. But, since you brought it up, there's something which should be illegal: guns that breakdown.

  2. #42
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    Re: Obama ready to veto a bill blocking ‘fiscal cliff’ without tax hike for rich

    Quote Originally Posted by KevinKohler View Post
    So...question.



    What ACTUALLY happens when we go over said fiscal cliff should nothing be resolved?


    Can I take "Nothing" for 500, Bob?
    payroll taxes go up 2%; mandatory cuts take place in what I believe have been said to be 1,000 programs but mostly defense department stuff it appears. From what I have read there is nothing immediate that will happen to the economy and there is no need to beat the deadline, but there is a fear that the longer term (say 8-12 months) result would be we would be pulled back into a recession. The sky won't fall or anything cool like that.

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    Re: Obama ready to veto a bill blocking ‘fiscal cliff’ without tax hike for rich

    Quote Originally Posted by Sarcogito View Post
    Hmm, we'll see. He has made a habit of caving to the Republicans. I am skeptical at the idea of him playing hard ball.
    That's been my pet peeve with him as well... but seeing how after reelection in a couple weeks he won't be needing to run for election again along with having learned that there is no compromise with a party that flat out said "we will not compromise" on several occassions... my hopes are that his spine will stiffen.
    Quote Originally Posted by Moderate Right View Post
    The sad fact is that having a pedophile win is better than having a Democrat in office. I'm all for a solution where a Republican gets in that isn't Moore.

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