RyanTheRhino
Well-Known Member
The new goal is 1 Trillion(spending) for 1 Trillion for(Revenues) With less then 14 days left -the days congress goes on vacation for December holidays
The latest information from the "Republican" side claims that we are at 1.4 Trillion in taxes vs 0.8 Trillion in spending cuts.
After today's onslaught of republican speakers ,ever majority and whip from congress president Obama will have to give a public speech either today or tomorrow.
Obama was the one who asked for a balanced deal and the republicans are now holding this over his head to find more spending cuts. With the republicans holding ready to swipe their credit card for 1.4 trillion all Obama has to do is come up with just 200 Billion more cuts. A drop in the pan compared to our entire budget.
I feel the cliff will be solved to the tune of
1.2 Trillion(revenues) vs 1 Trillion (budget cuts)
200 billion move on each side for a final compromise. With the Republicans also getting an extend bush tax cuts for those with $250,000 incomes and less. Which will help blur the RICH-NotRich border
whats your take?
The latest information from the "Republican" side claims that we are at 1.4 Trillion in taxes vs 0.8 Trillion in spending cuts.
After today's onslaught of republican speakers ,ever majority and whip from congress president Obama will have to give a public speech either today or tomorrow.
Obama was the one who asked for a balanced deal and the republicans are now holding this over his head to find more spending cuts. With the republicans holding ready to swipe their credit card for 1.4 trillion all Obama has to do is come up with just 200 Billion more cuts. A drop in the pan compared to our entire budget.
I feel the cliff will be solved to the tune of
1.2 Trillion(revenues) vs 1 Trillion (budget cuts)
200 billion move on each side for a final compromise. With the Republicans also getting an extend bush tax cuts for those with $250,000 incomes and less. Which will help blur the RICH-NotRich border
whats your take?