View Poll Results: What are the odds of a deal getting done?

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Thread: Odds of a fiscal deal getting done

  1. #1
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    Odds of a fiscal deal getting done

    What are the odds that Congress will pass a deal to prevent the "fiscal cliff" by the end of the month that Obama will sign?
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    Re: Odds of a fiscal deal getting done

    If you mean the end of December, Zero.

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    Re: Odds of a fiscal deal getting done

    Quote Originally Posted by Fisher View Post
    If you mean the end of December, Zero.
    Yes, by or before 1/01/13.
    "A man you can bait with a tweet is not a man we can trust with nuclear weapons." --Hillary Rodham Clinton
    "Innocent until proven guilty is for criminal convictions, not elections." --Mitt Romney

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    Re: Odds of a fiscal deal getting done

    Since it's all for show, I'd say the odds are pretty good.

  5. #5
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    Re: Odds of a fiscal deal getting done

    The odds that real spending cuts and accross the board tax rate increases (the fiscal cliff law) will be allowed to stand is zero. What will happen is that a "bipartisan compromise" bill to "kick the can down the road" and to continue with $1 trillion+ deficits will be done, with the "promise" to address this "vital budgetary issue" later. The DC crew is very good at not acting to reduce gov't spending, spending more than they dare ask for in direct taxation and borrowing money to buy votes. Yes they can!
    “The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
    Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman

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    Re: Odds of a fiscal deal getting done

    What might happen if Congress cannot reach a deal, which it seems unlikely they will, is the tax cuts will expire at the end of the year for everyone, then the first day of the new session, the Democrats revise the filibuster rules to require that you actually have to stand up and filibuster (like it used to be) in the Senate, pass tax cuts for those making less than $400,000 a year, and leave it for the House GOP to deny tax cuts to the majority of the country.

    Your play GOP.
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  7. #7
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    Re: Odds of a fiscal deal getting done

    Quote Originally Posted by ttwtt78640 View Post
    The odds that real spending cuts and accross the board tax rate increases (the fiscal cliff law) will be allowed to stand is zero. What will happen is that a "bipartisan compromise" bill to "kick the can down the road" and to continue with $1 trillion+ deficits will be done, with the "promise" to address this "vital budgetary issue" later. The DC crew is very good at not acting to reduce gov't spending, spending more than they dare ask for in direct taxation and borrowing money to buy votes. Yes they can!
    Any real deal will probably be some of that anyway.
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    Re: Odds of a fiscal deal getting done

    Damn, I might have to pay taxes next year.

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    Re: Odds of a fiscal deal getting done

    Quote Originally Posted by Catawba View Post
    What might happen if Congress cannot reach a deal, which it seems unlikely they will, is the tax cuts will expire at the end of the year for everyone, then the first day of the new session, the Democrats revise the filibuster rules to require that you actually have to stand up and filibuster (like it used to be) in the Senate, pass tax cuts for those making less than $400,000 a year, and leave it for the House GOP to deny tax cuts to the majority of the country.

    Your play GOP.
    Are you kidding me? They will just leave all of those real spending cuts in place?
    “The reasonable man adapts himself to the world: the unreasonable one persists to adapt the world to himself.
    Therefore all progress depends on the unreasonable man.” ― George Bernard Shaw, Man and Superman

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    Re: Odds of a fiscal deal getting done

    Quote Originally Posted by ttwtt78640 View Post
    Are you kidding me? They will just leave all of those real spending cuts in place?
    I'm guessing they will vote to reduce the cuts. I mean both houses of Congress just voted for over $615 billion dollars of military spending next year. 90 Democrats opposed it, and zero Republicans opposed spending almost as much of the rest of the world combined on military.
    Treat the earth well: it was not given to you by your parents, it was loaned to you by your children. We do not inherit the Earth from our Ancestors, we borrow it from our Children. ~ Ancient American Indian Proverb

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