In response to:

Senate Passes Bill to Avoid Fiscal Cliff

mlew Wrote: Jan 01, 2013 12:46 PM
Jerry, I do have to congratulate you. You have gone beyond your usual intelligent response: "SPAM" and actually put 3 words together. Actually, I would suggest only one thing. Think about who owns most of the debt of individuals and governments. It is not poor or middle class people. Nor, is it the Chinese. It is the wealthy banking interests in this country and do you think these folks are liberals or conservatives?

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...