In response to:

Now It's Time for the Entitlement Cliff

aferg Wrote: Jan 01, 2013 10:29 AM

..and if you think this 'fiscal cliff deal' will result in o and the dems re-visiting the 'cuts' in the next few weeks that they speak off, you are obviously still waiting for Santa Claus to show up. Liars, thieves, and evil people that they are.

Join the Debate!

All comments and users are subject to Townhall's new comments policy.

Michael Bowler (formerly Michael) Wrote: Jan 01, 2013 10:33 AM

Since the bankruptcy the spending will bring about is integral to the plan they have, I see no reason for them to address it with any meaning. The whole idea is to make the republic collapse, why would they stop it?

Flag as Offensive

Post Comment

Read Full Story

Now It's Time for the Entitlement Cliff

As the clock winds down on 2012, the Fiscal Cliff is all anyone seems capable of discussing. Right now it appears that some sort of narrow deal has just emerged that will include raising tax rates on family income over $450,000 a year, increasing the estate tax rate, extending unemployment benefits for one year, and delaying spending cuts.

But the prospect of higher taxes and the great uncertainty that has surrounded this fiscal fiasco has been acting like sand in the gears of the complex but sputtering U.S. economy. If additional taxes are not matched by real cuts in government...