When it comes to serious, lasting budget constraints, our leaders in Washington have the escape talents of Houdini.
Here is the biggest problem with the news coverage of the Fiscal Cliff. The only message coming through was President Obama's message: that he was trying to save the middle class from a tax increase by raising taxes on the rich. On the Republican side, the message was…well…it was a muddled mess.
There was a young man -- 23 at most -- quietly saying his morning prayers on Capitol Hill on the third day of 2013, and it seemed for a moment like a warm ray of light in the midst of a blistering cold spell.
For the record, count me among the opponents of the fiscal cliff-averting measure that passed the House and Senate this week.
The late night drama cast Senator Mitch McConnell and Vice President Joe Biden as heroes. They did what Obama and Boehner failed to do, come together on an agreement to limit the bite of the fiscal cliff's tax hikes.
I hate to break it to those deniers who believe that President Obama's tax-guzzling capacity has somehow been diminished by the fiscal cliff provision to fix "permanent" tax rates. You're dreaming.
By all accounts, President Obama won the fiscal cliff showdown. Why anyone would take much pride in this kind of "win" is beyond me. It's a bit like being the least filthy toddler in the mud pit.
A recession may have been averted, but you can’t tax your way into prosperity.
PAWLEYS ISLAND, S.C. -- It seemed like a good idea at the time. After Christmas, my wife, Betsy, and I planned to head south to this lovely barrier island in the South Carolina Lowcountry. Our plan included celebrating New Year's quietly with as many of our kids, their kids and our friends as possible and then returning to Virginia.
At the Potsdam conference with Harry Truman and Josef Stalin, Winston Churchill learned that the voters of the nation he had led for five years through World War II had just voted to throw him out of office.
Republicans in Congress screwed up big time in voting for President Barack Obama’s tax hike on Americans. All in the name of letting Obama “have his way” in sticking it to the rich, the deal to avert the country’s cliff dive doesn’t do anything but stall the country’s fall for another two months.
Congressional Republicans caved in to the Democrats this week, surrendering their principles in order to pass a bill that merely delays the looming fiscal cliff by two months.
Let's be clear what the "fiscal cliff" deal does and doesn't do. It permanently preserves the bulk of George W. Bush's tax cuts for most Americans, but it does not offer desperately needed new incentives to revive a weak economy and jobless labor market.
Everything that everyone loathes about Washington was present in the "fiscal cliff" bill just passed by Congress. It is 153 pages long; most members probably hadn't read all of it before voting on it; it was delivered in the middle of the night; it was loaded with pork -- the mother's milk (to mix a metaphor) of politicians -- and while the country is already swamped with massive debt, it contains massive giveaways to satisfy interest groups and campaign contributors. Did I mention the bill raises taxes on top of the coming Obamacare taxes, but does nothing -- nothing -- to address the debt problem?
Oh, the carnage. President Barack Obama played his cards masterfully, as the Republican Party once again caved in one of his endless games of legislative chicken.
The worst part of the fiscal cliff deal isn't the specifics -- though they do stink. It's being reminded again how utterly detached Washington is from reality.
It tells you something about the news media that before the House vote Tuesday, talking heads were warning Americans that unless the GOP House voted for a bill to stall our going over the fiscal cliff, taxes would go up on 98 percent of Americans.
The latest horror movie from Washington -- “The Fiscal Cliff” -- finally came to an exciting end in the early hours of 2013.
The deal is loaded with special interest tax breaks.
When a deal is bad beyond all pretext, the only thing left to do is spin. Democrats, including Senate lackeys and administration lummoxes, spin the Senate version of the Fiscal Crap Sandwich to mean absolute victory over Republicans who have "finally" raised revenue (read "taxes.") Republicans spin that they moved to give even more people a tax break in 2013. Both obscure the reality; President Obama sold out the middle class for the wealthy.
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