In response to:

Surreal: Obama's Fiscal Cliff Proposal Stuns Washington

lois01 Wrote: Nov 30, 2012 12:45 PM
This is 100 percent the fault of the republicans. If they would have simply passed the debt ceiling raise - as they have dozens of times before - there would be no "fiscal cliff." The debt ceiling raise simply authorizes congress to pay for spending it has already passed. It is what's known as a "pro forma" vote - a formality. Or so it was up until last year, when republicans decided to hold the nation hostage by threatening not to pay our bills. and what did we get for their childish petulance? a credit downgrade, a market drop, and the fiscal cliff.
spartacus3344 Wrote: Nov 30, 2012 12:55 PM
So in other words, it enables the government to spend more money that it doesn't have....

Yeah, that's sound fiscal policy....
byeBarry Wrote: Nov 30, 2012 12:49 PM
Try that with your checkbook or credit card if you have one, see how that works out?
Resist, We Much!!! Wrote: Nov 30, 2012 12:49 PM
How many Presidents before Obama had asked for a raise of $2.6 trillion in the debt ceiling?

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Ronald Reagan Fan Wrote: Nov 30, 2012 12:49 PM
The purpose of the debt ceiling is to have fiscal responsibility and honesty.

Only a liberal would say ignore the ceiling and ruin the economy.
Simplecaveman Wrote: Nov 30, 2012 12:49 PM
And let's spend more money, never mind that we don't have any.

Republicans have been asking for the White House's plan for some time now -- well, they finally got one.  Oh my:
 

House Republicans said on Thursday that Treasury Secretary Timothy F. Geithner presented the House speaker, John A. Boehner, a detailed proposal to avert the year-end fiscal crisis with $1.6 trillion in tax increases over 10 years, an immediate new round of stimulus spending, home mortgage refinancing and a permanent end to Congressional control over statutory borrowing limits. The proposal, loaded with Democratic priorities and short on detailed spending cuts, was likely to meet strong...