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No tax cuts for Christmas? Trump might delay bill signing

rocket88

rocket88

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https://www.cbsnews.com/news/no-tax...l&utm_source=facebook.com&utm_campaign=buffer

Here's why: If Trump signs the tax bill this month, it could trigger steep automatic spending cuts early next year to a raft of programs. But if Trump waits until January to sign the bill, the spending cuts would be delayed until 2019 — after next year's congressional elections — giving lawmakers a full year to prevent them.

"Not a politician" :lamo
 
rocket88 said:
https://www.cbsnews.com/news/no-tax...l&utm_source=facebook.com&utm_campaign=buffer

Here's why: If Trump signs the tax bill this month, it could trigger steep automatic spending cuts early next year to a raft of programs. But if Trump waits until January to sign the bill, the spending cuts would be delayed until 2019 — after next year's congressional elections — giving lawmakers a full year to prevent them.

"Not a politician" :lamo
Click to expand...

Hmmm...I supported "Paygo" when it came out back in the day.

From your article:

The delay, however, is another example of how politicians from both major parties routinely flout a law that was meant to instill fiscal discipline on Washington. The arcane budget law is called Paygo, or pay-as-you-go.
Years ago, Congress approved the law imposing steep automatic spending cuts whenever Congress passes legislation that adds to the nation's growing debt. But the automatic spending cuts, which have been around since Ronald Reagan was president, have never been enforced.
Click to expand...
https://www.cbsnews.com/news/no-tax...l&utm_source=facebook.com&utm_campaign=buffer

Never, by EITHER party when in power.

The problem isn't with tax cuts, it is with the refusal of our government (at whatever level, State, Local, or Federal) to maintain a balanced budget without deficit spending.

There are all sorts of programs which can be cut or eliminated, and all sorts of ways our governments at each level can maintain fiscal responsibility. They just don't do it. It would piss too many special interests off.

Taxing and spending, the one power our Founding Fathers gave direct control over to the people, via the House of Representatives in Congress whose members were always elected by the People.

Yet we keep voting the same people in anyway; so who is actually to blame, us or them?
 
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rocket88 said:
https://www.cbsnews.com/news/no-tax...l&utm_source=facebook.com&utm_campaign=buffer

Here's why: If Trump signs the tax bill this month, it could trigger steep automatic spending cuts early next year to a raft of programs. But if Trump waits until January to sign the bill, the spending cuts would be delayed until 2019 — after next year's congressional elections — giving lawmakers a full year to prevent them.

"Not a politician" :lamo
Click to expand...

Hmm... would you rather have automatic, across the board (sort of), spending cuts or give those in congress the ability to set budget priorities and make actual budget decisions with floor votes? The whole idea behind sequestration was to force the clowns that represent us to make budget decisions on the record so that we could weed out the morons. What they did instead was to use sequestration as an excuse to do the opposite - sit back and let the chips fall where they may where nobody decided anything on the record and all could simply blame the other party for "gridlock". BTW, its time for the next kick the budget can down the road to avoid a "shutdown".
 
ttwtt78640 said:
Hmm... would you rather have automatic, across the board (sort of), spending cuts or give those in congress the ability to set budget priorities and make actual budget decisions with floor votes? The whole idea behind sequestration was to force the clowns that represent us to make budget decisions on the record so that we could weed out the morons. What they did instead was to use sequestration as an excuse to do the opposite - sit back and let the chips fall where they may where nobody decided anything on the record and all could simply blame the other party for "gridlock". BTW, its time for the next kick the budget can down the road to avoid a "shutdown".
Click to expand...

Sequestration is intentionally the stupidest way to cut spending which is why we shouldn't have it in the cards at all.

It happened before - air traffic control services had to be scaled back. Airport delays spiked. Nobody in Congress gave a **** until the end of the session when they were all trying to fly out of DC to go home. Suddenly we got supplemental funding for ATC services. They even had the gall to drag the head of the DOT and FAA before them and say "How come you didn't warn us about this!?"

Literally everyone had been screaming about it.
 
Deuce said:
Sequestration is intentionally the stupidest way to cut spending which is why we shouldn't have it in the cards at all.

It happened before - air traffic control services had to be scaled back. Airport delays spiked. Nobody in Congress gave a **** until the end of the session when they were all trying to fly out of DC to go home. Suddenly we got supplemental funding for ATC services. They even had the gall to drag the head of the DOT and FAA before them and say "How come you didn't warn us about this!?"

Literally everyone had been screaming about it.
Click to expand...

Yep, congress critters are so stupid that they still enjoy a re-election rate of over 90%. They see sequestration as a perfect method to have the public insist that they raise the debt "ceiling" (whenever they say that it is necessary) and borrow more to keep all of these "vital" programs funded (at just a tad more than they were last year) forever. Of course, if a crisis, natural disaster, war or some other "emergency" occurs than that just lets them attach pork to new bill to borrow and spend even more via "off budget" funds and brag that they saved us all once again.
 
Captain Adverse said:
Hmmm...I supported "Paygo" when it came out back in the day.

From your article:

https://www.cbsnews.com/news/no-tax...l&utm_source=facebook.com&utm_campaign=buffer

Never, by EITHER party when in power.

The problem isn't with tax cuts, it is with the refusal of our government (at whatever level, State, Local, or Federal) to maintain a balanced budget without deficit spending.

There are all sorts of programs which can be cut or eliminated, and all sorts of ways our governments at each level can maintain fiscal responsibility. They just don't do it. It would piss too many special interests off.

Taxing and spending, the one power our Founding Fathers gave direct control over to the people, via the House of Representatives in Congress whose members were always elected by the People.

Yet we keep voting the same people in anyway; so who is actually to blame, us or them?
Click to expand...

Of course, but for all the times I heard "Trump is different" or "Trump isn't a politician" he sure is acting like one.
 
ttwtt78640 said:
Hmm... would you rather have automatic, across the board (sort of), spending cuts or give those in congress the ability to set budget priorities and make actual budget decisions with floor votes? The whole idea behind sequestration was to force the clowns that represent us to make budget decisions on the record so that we could weed out the morons. What they did instead was to use sequestration as an excuse to do the opposite - sit back and let the chips fall where they may where nobody decided anything on the record and all could simply blame the other party for "gridlock". BTW, its time for the next kick the budget can down the road to avoid a "shutdown".
Click to expand...

Then why was it so important to have it done by Christmas?
 
ttwtt78640 said:
Yep, congress critters are so stupid that they still enjoy a re-election rate of over 90%. They see sequestration as a perfect method to have the public insist that they raise the debt "ceiling" (whenever they say that it is necessary) and borrow more to keep all of these "vital" programs funded (at just a tad more than they were last year) forever. Of course, if a crisis, natural disaster, war or some other "emergency" occurs than that just lets them attach pork to new bill to borrow and spend even more via "off budget" funds and brag that they saved us all once again.
Click to expand...

I propose a constitutional amendment that creates a sort of hybrid "vote of no confidence" for Congress as well as the president. Two-thirds vote by the citizenry triggers a new election for all of the Senate and House, as well as the presidency. But to deal with the 90% incumbency rate: half of the House and Senate, chosen at random, is ineligible for reelection. (some continuity of government is necessary) The president is automatically up for reelection. (doesn't count towards the president's two-term limit, a full eight years is always possible)

The hard part is that this would probably require votes from the very people whose jobs this would threaten.
 
rocket88 said:
Then why was it so important to have it done by Christmas?
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They only get one reconciliation bill per year, right? Is that by calendar year or fiscal?
 
rocket88 said:
Then why was it so important to have it done by Christmas?
Click to expand...

When they come back (after the holy day break) then there will be one less republicant and one more demorat in the Senate. That would have given any single republicant Senator veto power to demand whatever amendment(s) they could dream up.
 
Deuce said:
I propose a constitutional amendment that creates a sort of hybrid "vote of no confidence" for Congress as well as the president. Two-thirds vote by the citizenry triggers a new election for all of the Senate and House, as well as the presidency. But to deal with the 90% incumbency rate: half of the House and Senate, chosen at random, is ineligible for reelection. (some continuity of government is necessary) The president is automatically up for reelection. (doesn't count towards the president's two-term limit, a full eight years is always possible)

The hard part is that this would probably require votes from the very people whose jobs this would threaten.
Click to expand...

It would also demand such elections on a nearly daily basis since these clowns do stuff worth trying to oust them for on a nearly daily basis.
 
rocket88 said:
https://www.cbsnews.com/news/no-tax...l&utm_source=facebook.com&utm_campaign=buffer

Here's why: If Trump signs the tax bill this month, it could trigger steep automatic spending cuts early next year to a raft of programs. But if Trump waits until January to sign the bill, the spending cuts would be delayed until 2019 — after next year's congressional elections — giving lawmakers a full year to prevent them.

"Not a politician" :lamo
Click to expand...

Such exquisite leadership.
 
rocket88 said:
https://www.cbsnews.com/news/no-tax...l&utm_source=facebook.com&utm_campaign=buffer

Here's why: If Trump signs the tax bill this month, it could trigger steep automatic spending cuts early next year to a raft of programs. But if Trump waits until January to sign the bill, the spending cuts would be delayed until 2019 — after next year's congressional elections — giving lawmakers a full year to prevent them.

"Not a politician" :lamo
Click to expand...

First, you establish the framework of a new tax structure.

Second, you audit all existing government programs for efficiencies, unnecessary spending, and fraud, and clean it up.

Third, the spending cuts don't inhibit the needed services provided.
 
rocket88 said:
Of course, but for all the times I heard "Trump is different" or "Trump isn't a politician" he sure is acting like one.
Click to expand...

If it gives the Left heartburn, he must be doing something right. :lol:
 
sanman said:
If it gives the Left heartburn, he must be doing something right. :lol:
Click to expand...

I've never once seen a liberal express sentiment like this. "I like it because the other guy hates it." It says a lot about conservatives.
 
Deuce said:
I've never once seen a liberal express sentiment like this. "I like it because the other guy hates it." It says a lot about conservatives.
Click to expand...

I've heard that plenty of times. At least conservatives have an idea about how to make the country more prosperous. The Left don't have any such idea - all they know how to do is grab whatever they can find and redistribute it. The Left don't know how to make more money, they just know how to dip their hands into the pockets of others to get some. The Right are the business people - the ones who actually come up with goods and services that people need, which is how to make money. The Left are just covetous crooks who don't really care about better goods and services, just about grabbing what's there by playing a game of Class Warfare.
 
ttwtt78640 said:
Hmm... would you rather have automatic, across the board (sort of), spending cuts or give those in congress the ability to set budget priorities and make actual budget decisions with floor votes? The whole idea behind sequestration was to force the clowns that represent us to make budget decisions on the record so that we could weed out the morons. What they did instead was to use sequestration as an excuse to do the opposite - sit back and let the chips fall where they may where nobody decided anything on the record and all could simply blame the other party for "gridlock". BTW, its time for the next kick the budget can down the road to avoid a "shutdown".
Click to expand...

I expect the Republicans, who are bragging about this tax bill as some sort of success, to actually put it into force.

That Trump is refusing to do so is a bald admission that he realizes, and by extension the crowers in Congress realize, what a pile of variegated manure their tax bill is.

Cowards.
 
sanman said:
I've heard that plenty of times. At least conservatives have an idea about how to make the country more prosperous. The Left don't have any such idea - all they know how to do is grab whatever they can find and redistribute it. The Left don't know how to make more money, they just know how to dip their hands into the pockets of others to get some. The Right are the business people - the ones who actually come up with goods and services that people need, which is how to make money. The Left are just covetous crooks who don't really care about better goods and services, just about grabbing what's there by playing a game of Class Warfare.
Click to expand...

Sure, sure. Liberals don't have jobs or run businesses :lamo

If you're going to vomit out far-right propaganda, at least do it in a way that's not so weak and lazy.
 
sanman said:
At least conservatives have an idea about how to make the country more prosperous.
Click to expand...

Yeah, the Con embrace of "supply-side" economic theory - false to fact - affectively removes that canard.
 
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