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Senate Passes Bill to Avoid Fiscal Cliff

Hausmaus Wrote: Jan 01, 2013 9:13 PM
Americans have not felt real pain since the Great Depression. Back then our population was nothing compared to today's, and the highly volatile atmosphere that we find ourselves in is waiting to ignite like a Roman Candle. The average folk our here has no idea in what financial mess of a situation we find ourselves in. We are going about our daily lives without a single worry. I get the feeling this colossus mess is going to take most of us by the ying-yang, and the nationwide holocaust that will follow is going to look like ten world wars going on at the same time.
RHSimard Wrote: Jan 02, 2013 12:23 AM
I told some friends after Obama won re-election, congratulations, you got what you wished for.

Just remember, maybe two years from now, maybe less, that oft-repeated saying about getting what you wished for.

And if you somehow DON'T remember, I'll be there to refresh your memories.

The Senate voted early Tuesday morning 89-8 in favor of the scaled-down bipartisan package that would halt historic tax hikes for many Americans and postpone automatic spending cuts for two months. The bill will now go to the House, which is expected to be back in session at noon today.

The outlines of the deal Mr. McConnell and Mr. Biden worked out included raising tax rates for individuals making more than $400,000 and families with incomes more than $450,000, and extended unemployment benefits for the long-term jobless. It also continued a number of programs from Mr. Obama’s...