With President Obama back in office and his life-saving “fiscal cliff” bill jammed through Congress, the new year has brought a surprising turn of events for his sycophantic supporters.
“What happened that my Social Security withholding’s in my paycheck just went up?” a poster wrote on the liberal site DemocraticUnderground.com. “My paycheck just went down by an amount that I don’t feel comfortable with. I guarantee this decrease is gonna’ hurt me more than the increase in income taxes will hurt those making over 400 grand. What happened?”
Shocker. Democrats who supported the president’s re-election just had NO idea that his steadfast pledge to raise taxes meant that he was really going to raise taxes. They thought he planned to just hit those filthy “1 percenters,” you know, the ones who earned fortunes through their inventiveness and hard work. They thought the free ride would continue forever.
So this week, as taxes went up for millions of Americans — which Republicans predicted throughout the campaign would happen — it was fun to watch the agoggery of the left.
“I know to expect between $93 and $94 less in my paycheck on the 15th,” wrote the ironically named “RomneyLies.”
“My boyfriend has had a lot of expenses and is feeling squeezed right now, and having his paycheck shrink really didn’t help,” wrote “DemocratToTheEnd.” […]
The Twittersphere was even funnier.
“Really, how am I ever supposed to pay off my student loans if my already small paycheck keeps getting smaller? Help a sister out, Obama,” wrote “Meet Virginia.” “Nancy Thongkham” was much more furious. […]
“_Alex™” sounded bummed. “Obama I did not vote for you so you can take away alot of money from my checks.” Christian Dixon seemed crestfallen. “I’m starting to regret voting for Obama.” […]
I’d like to be able to smirk, “we told you so,” but there’s no joy in knowing that millions of innocent people are suffering because of an ignorant electorate that was suckered by a lying administration and their accomplices in the deceitful media.
With the fiscal cliff deal signed into law, the nation’s attention now turns to the debt ceiling debate, scheduled to hit in the next two months. As America reaches the debt ceiling yet again – an unbelievable $16.4 trillion debt ceiling needs another increase in order to allow us to borrow more cash to pay our bills – Republicans insist that we finally begin dealing with our spending problem. That, of course, was the purpose of the fiscal cliff deal in the first place: to preserve as many of the Bush tax rates as possible, consider tax rates a finished issue, and move on to spending cuts. As Senate Minority Leader Mitch McConnell (R-KY) said on ABC’s This Week, “The tax issue is finished, over, completed. That’s behind us. Now the question is: what are we going to do about the biggest problem confronting our country and our future? And that’s our spending addiction.”
Not so fast.
The bullies in the Democratic Party have no intention of cutting a single dollar. Instead, they want to tighten their stranglehold on the windpipes of job producers and entrepreneurs. This morning, virtually every Democrat on virtually every Sunday show said the same thing: no cuts, more taxes. So much for the Republican attempt to take the tax discussion off the table.
Obama used his weekly address to declare that he “will not compromise” with the co-equal branch of government that constitutionally holds the power of the purse:
In his weekly address, Obama lashed out at Republicans for even suggesting that the debt ceiling issue be used as leverage to cut spending:
As I said earlier this week, one thing I will not compromise over is whether or not Congress should pay the tab for a bill they’ve already racked up. If Congress refuses to give the United States the ability to pay its bills on time, the consequences for the entire global economy could be catastrophic. The last time Congress threatened this course of action, our entire economy suffered for it. Our families and our businesses cannot afford that dangerous game again.
This is nonsense. We’ve racked up bills, and we will not have to default to pay them – we just have to cut. Even if we hit the debt ceiling, we will not need to default on our debts – we will simply stop providing non-essential government services (which, for the most part, we should do anyway) and then use that money to pay our debts.
But Obama is a bully, and so he thinks he can unilaterally dictate America’s debt policy. He demonizes anyone who disagrees. He ignores the Constitution, and instead plays the class warfare card…
The House and Senate ushered in a new Congress on Thursday, re-electing embattled Republican John Boehner speaker and hailing one of its own senators who returned a year after being felled by a stroke.
The 113th Congress convened at noon, the constitutionally mandated time, with pomp, pageantry and politics, on both sides of the Capitol.
Boehner, bruised after weeks with his fractious caucus and negotiations with the White House on the fiscal cliff, won a second, two-year term as leader with 220 votes. Despite grumbling in the GOP ranks, just 10 Republicans voted for someone other than Boehner.
Rep. Tim Huelskamp (R-Kan.) told Human Events after the vote that “arm twisting” on Boehner’s behalf was “very intense” with threats that Republicans would lose plum committee assignments or campaign donations from the National Republican Congressional Committee if they opposed the speaker’s reelection.
Huelskamp is one of four Republican lawmakers who lost key committee assignments recently for reportedly voting against issues that were important to Boehner.
“The intimidation and pressure was intense, there are a lot of people that wanted to vote no and today, the last call, the last twisting of arms, convinced them not to do that,” Huelskamp said.
“And certainly my vote was one of no confidence. I want conservative leadership, and that has not been provided by the speaker,” Huelskamp said.
Asked specifically who was intimidated to cast their votes for Boehner, Huelskamp declined to name names.
Huelskamp did add that one freshman lawmaker was called prior to the vote and told their committee seat was “probably gone if you vote your conscience.”
This is John Boehner’s opportunity to stand up for what he always should have stood up for: cuts without tax increases, a thriving economy without blow-off-the-doors debt. He remained the Speaker because Republicans decided to entrust him with that mission. There is no room to budge. There is no room for compromise. The time for that passed after Republicans compromised, and President Obama promptly spat in their faces – and in the faces of generations yet to be born.
Taxes for most Americans will still go up this year despite declarations from President Obama and others touting Tuesday night’s fiscal crisis deal as a victory for middle-class workers.
At the same time, tax relief that was included in the package comes at a cost — contributing, along with new spending, nearly $4 trillion to the deficit over the next 10 years, adding to the nation’s more than $16 trillion debt.
But there will be federal tax hikes in 2013. That’s because the legislation pushed through the Senate and House on Jan. 1 does nothing to prevent a temporary cut in the Social Security payroll tax from expiring. That means, under the agreement brokered by the White House and Senate Republicans, 77 percent of American households will be forced to fork over higher federal taxes in 2013.
Households making between $40,000 and $50,000 will face an average tax increase of $579 in 2013, according to the Tax Policy Center’s analysis. Households making between $50,000 and $75,000 will face an average tax increase of $822.
For most families, the increase will end there. But for top earners, taxes will get considerably higher this year.
Speaking Jan. 1 at the White House at 11:20 p.m., less than an hour after the House voted 257 to 167 to approve new tax hikes, President Barack Obama announced that he will assert the authority to raise the debt ceiling for spending approved by Congress.
“One last point I want to make,” said the president flanked by Vice-President Joseph R. Biden Jr., whose Capitol Hill summitry closed the deal on a “fiscal cliff” compromise. “I will negotiate over many things, I will not have another debate with this Congress over whether or not they should pay the bills, they have already racked up through the laws they have passed.
It reads: The validity of the public debt of the United States, authorized by law, including debts incurred for payment of pensions and bounties for services in suppressing insurrection or rebellion, shall not be questioned…
This is the second time the administration has wielded the debt ceiling as a hammer against the Republicans in Congress.
[…] The president was direct. Either Congress raises the debt ceiling or he will go ahead and borrow the money to pay the bills on his own in order to avoid damage to the U.S. and world economies.
Last I checked, the co-equal branches of government are not required to obey one another’s commands. In fact, they are there to hold one another in check. Congress is under NO obligation to give the president the money he demands. But they are too spineless to hold him accountable for his unconstitutional power grabs and blatant disregard for the separation of powers.
An honorable congress would impeach him and throw him out the door for his flagrant assault on the constitution and grabs for dictatorial powers. Sadly, we don’t have an honorable congress.
Obama has succeeded in his ultimate goal of getting Republicans to break their “no tax hike” pledge. And for what purpose? So the Democrats can continue their uncontrollable spending binge, while Republicans take the blame.
First day of the year, and we’ve already been royally screwed over by the so-called “conservatives” in congress. More debt on my kids’ backs, more money stolen from our paychecks, and for what? So they can flush more money down the toilet on shrimp treadmills, rum subsidies and blatant assaults on our constitutional rights. America, if THESE are the clowns you want running your lives, you deserve what you get.
The House of Representatives late Tuesday night voted 257 to 167 to approve a “fiscal cliff” deal that had been negotiated by Senate Minority Leader Mitch McConnell (R.-Ky.) and Vice President Joe Biden and approved by the Senate in the wee hours of Tuesday morning.
The majority of House Republicans voted against the bill, with 151 opposing it, 85 supporting it, and 5 not voting. House Speaker John Boehner voted for the bill. House Majority Leader Eric Cantor voted against it.
The deal phases out exemptions and deductions for individuals earning more than 250,000 per year and for couples earning more than $300,000, according to a summary published by the New York Times. It also increases the income tax rate for individuals earning more than $400,000 per year and couples earning more than $450,000 per year.
The deal also suspends for two months the $110 billion future spending cuts, set to take place in 2013, that House Speaker John Boehner and President Barack Obama agreed to when they made a deal in August 2011 to increase the federal government’s debt limit by $2.4 trillion.
The federal government exhausted that $2.4 trillion in new borrowing authority on Monday. So, the government has thus far been able to borrow all of the additional $2.4 trillion that Boehner and Obama agreed to in seventeen months ago without actually carrying out any of the spending cuts they agreed to at that time.
The bill also spends $30 billion–with no offsetting spending cut–to provide extended unemployment benefits to people who have not worked for more than half a year.
The bill, according to the Republican Study Committee, would also permanently reinstate the federal death tax, requiring a family to pay 40 percent of the value of all assets above $5 million when the senior member of the family dies.
While taxing family-owned businesses through the death tax, the bill would also pay out $134 billion in “refundable” tax credits to low-income people who did not, in the first place, pay the “tax” they are being refunded by the federal government.
It also, as the Republican Study Committee points out, will reimpose the “marriage penalty” by starting the top federal income tax rate at $400,000 for individuals but at $450,000 for married couples.
To add insult to injury, Obama’s favorite cheerleaders in Hollywood got the kickbacks they wanted. So much for “the rich” paying their “fair share.” Obama’s pets get special perks while everyone else gets slammed. Welcome to the new Banana Republic of Amerika, where corrupt politicians pick the winners and losers.
While you were sleeping—or ringing in 2013—the Senate voted to raise taxes.
After missing the midnight deadline, Congress and the President have technically sent the nation over the fiscal cliff, meaning higher tax rates are already in effect for all income tax brackets. But the Senate’s deal, brokered by Senate Republican Leader Mitch McConnell (KY) and Vice President Joe Biden, would target the tax increases on those making more than $250,000.
The Senate voted 89-8 to limit deductions for taxpayers making more than $250,000, which would raise their taxes, and to hike tax rates for those making more than $400,000.
Never mind that Obama already raised taxes on upper-income taxpayers through the 3.8 percent Medicare surtax imposed under Obamacare. Never mind that tax rate hikes would weaken an economy stumbling so badly the Federal Reserve doubled its risky efforts to keep the economy from recession. Never mind Obama’s approach would likely put the kibosh on any hopes for tax reform. Never mind the resulting revenues would be a small drop in a very big bucket compared to projected budget deficits. Never mind that the only justification for higher taxes is spite and envy to be exercised through the extortive power of the federal government.
Some of the key points in the Senate deal, which could go to the House as early as today:
Raises taxes on incomes over $400,000 for individuals and $450,000 for households
Raises taxes on investment income for those taxpayers as well
Limits tax deductions for incomes over $250,000—raising their taxes, too
Increases the death tax rate for estates over $5 million
Extends long-term unemployment benefits for one year
Postpones sequestration’s automatic spending cuts (including those to defense) by two months
According to the Congressional Budget Office, the last-minute fiscal cliff deal reached by congressional leaders and President Barack Obama cuts only $15 billion in spending while increasing tax revenues by $620 billion—a 41:1 ratio of tax increases to spending cuts.
When Presidents Ronald Reagan and George H.W. Bush increased taxes in return for spending cuts—cuts that never ultimately came—they did so at ratios of 1:3 and 1:2.
Last night, without any legislative language, the Senate Republicans and Democrats voted to raise taxes. They did not just vote to raise income taxes. They voted to raise the payroll tax on all Americans.
This will hurt small businesses.
Ironically, this plan generates less revenue than even John Boehner’s Plan B option. But both options, as I have long maintained, were only about breaking the will of the GOP and getting the GOP to violate its tax pledge.
Well, today the White House is telling Fox New’s Ed Henry that this was the game all along. According to Ed Henry, the White House staff is saying that getting the GOP to break their tax pledge is, “One of the most consequential policy achievements of the last couple of decades.”The plan cuts $1.00 in spending for every $41.00 in tax increases. Contrary to what Senator Pat Toomey is claiming today, everyone’s taxes will also go up – the 99% and the 1%.
That will be the headline if the House Republicans vote for this plan.
Mike Lee, Marco Rubio, and Rand Paul were defiant. They know what is at stake.
Now, many of you think this is the best deal we can get. I understand that. But consider this — the White House has designed this solely for purposes of getting the GOP to break their tax pledge. Any way we play the game we lose.
The only way to even think of winning is to not play this game.
Senators spent the weekend trying to craft a new proposal that they originally claimed could be ready as early as Sunday. But Senate Democratic Leader Harry Reid reported late in the day that there was significant distance between the two sides, following a tense afternoon during which Vice President Biden was brought in to referee.
Talks now push on, likely into Monday — but President Obama has already made clear he will press Reid to call a vote on a separate White House plan if nothing is produced by then.
The stumbling block Sunday initially appeared to be a provision in the Republican proposal that would change the way Social Security benefits are calculated — effectively reducing benefits over time.
But while that drew the ire of Democrats, some Republicans indicated they were willing to drop the provision. Instead, they voiced serious concern about a Democratic push to use new tax revenue for new spending.
“The biggest obstacle we face is that President Obama and Majority Leader Reid continue to insist on new taxes that will be used to fund more new spending, not for meaningful deficit reduction,” said Alabama Sen. Jeff Sessions, the ranking Republican on the Senate Budget Committee.
Despite the fact that his unreasonable demands are to blame, Obama isn’t afraid of taking the fall for this impasse. He knows the media will cover his hide and pin the blame on the Republicans no matter what.
On this weekend’s broadcast of “Fox News Sunday,” South Carolina Republican Sen. Lindsey Graham conceded a political victory to President Barack Obama on the pending fiscal cliff negotiations.
“What have we accomplished? Political victory for the president,” Graham said. “Hats off to the president — he stood his ground. He’s going to get tax rate increases, maybe not at [$250,000], but on upper-income Americans. And the sad news for the country is we’ve accomplished very little in not becoming Greece or getting out of debt. This deal won’t affect the debt situation. And it will be a political victory for the president, and I hope we have courage of our convictions, when it comes to raise the debt ceiling to fight what we believe as Republicans. Hats off to the president, he won.”
This is exactly why I don’t like Lindsey Graham. It’s like having a minute left at the end of a football game where his team is a touchdown behind with the season on the line and he’s on the sidelines congratulating the other coach for playing a great game. Ugh! He even admits later that this deal does nothing for the country, yet he’s gonna vote for a tax increase because of politics, saying on national TV that Obama won and even congratulated him.
Lindsey Graham is exactly what is wrong with the Republican Party. A bunch of dang smushes.
Even if Congress manages to come up with a solution to avert the “fiscal cliff,” a combination of year-end tax increases and spending cuts, it won’t be worth anything because it’ll probably only deal with tax rates and ignore the problem of runaway government spending, or so say Texas Congressman and former presidential candidate Ron Paul.
“I think we have passed that point of no return where we can actually get our house in order,” Rep. Paul said Friday on CNBC. “I believe there is too much bipartisanship on the spending. Nobody is talking about cutting any spending.”
“Republicans and Democrats,” he continued, “they pretend they’re fighting up there, but they really aren’t. They’re arguing over power, spin, and who looks good, and who looks bad, but they’re all trying to preserve this system where they can spend what they want, take care of their friends, and let the Fed print money when they need it.”
[…] “There’s no admission that they [U.S. lawmakers] have a crisis. They have no admission that the country is bankrupt. There’s no admission that our government is spending way too much and it’s way beyond our means and there’s not a single bit of effort to cut anything,” the congressman continued.
“They are so they so far removed from admitting the seriousness of this crisis and if they don’t admit it, they can’t solve the problem. They’re like a bunch of drug addicts that just want another fix. That’s what they are looking for,” he concluded:
Several conservative House Republican members are contemplating a plan to unseat Speaker John Boehner from his position on January 3, Breitbart News has exclusively learned. Staffers have compiled a detailed action plan that, if executed, could make this a reality. […]
The circulated plan is a comprehensive multi-step process.
According to the plan as drafted, the first step is to re-establish the election of the Speaker of the House by secret ballot, rather than by a public roll call vote. That’s because the members who would oppose Boehner, if there ended up not being enough votes to achieve their desired result or if Boehner scared via threat or coaxed via prize some of the opposition into voting for him, would be sitting ducks for retaliation in the near future.
As one hill staffer considering this path told Breitbart News, the members involved in an unsuccessful coup d’etat would be “toast.”
[…] If a secret ballot election for House Speaker is established, step one of this plan against Boehner is complete.
The second step of the circulated plan would require enough GOP members to band together and vote for somebody other than Boehner as Speaker. Since Illinois Democratic Rep. Jesse Jackson, Jr., has resigned his position, there will be 434 voting members on January 3. For someone to win the Speaker election, they’d need to secure 217 votes – or a majority of everyone voting.
Since there are 233 Republicans heading into the next Congress, only 17 Republicans would be needed to unseat Boehner. The House would continue having multiple elections throughout the day on January 3 until it agreed upon a new Speaker.
A defection of conservative Republicans forced House Speaker John Boehner to abandon his final-hour plan to block automatic tax increases, leaving taxpayers hanging on the edge of the fiscal cliff that is scheduled to crumble on Jan. 1.
“The House did not take up the tax measure today because it did not have sufficient support from our members to pass,” Boehner said in statement Thursday night after cancelling the vote and sending members home for the Christmas holiday.
“Now it is up to the president to work with Sen. (Harry) Reid on legislation to avert the fiscal cliff,” Boehner said.
The collapse was announced shortly after an emergency GOP conference was called at 7:45 p.m. to count votes and twist arms, just moments before the legislation was to be debated on the House floor.
The bill is referred to as “Plan B” and would have averted an automatic tax increase for families making less than $1 million a year but raised tax rates for those making more than $1 million.
A second bill to block military and domestic spending cuts that are part of sequestration narrowly passed Thursday on a vote of 215 to 209 with no Democratic support and 21 Republicans voting no.
Senate Majority Leader Harry Reid (D-Nev.) said the “Plan B” bill would have been dead on arrival in the upper chamber. The plan was offered by Boehner (R-Ohio) after failed negotiations with President Barack Obama to avert the tax hikes and spending cuts.
Without a deal, taxes are on autopilot to increase $4.6 trillion over the next decade along with $1.2 trillion in cuts across the board.
He was turned down anyway, because Obama knows Boehner is a pushover. He won’t settle for anything less than a blank check with no conditions, and unlimited power to unilaterally raise the debt ceiling.
Late Saturday evening, a source from the White House said the Speaker of the House John Boehner had put tax rate hikes on the table in fiscal cliff negotiations. The White House promptly rejected the offer, since Boehner also wanted entitlement reform as a compromise. But the announcement is likely to exacerbate the war within the Republican Party with regard to tax policy in the run-up to the fiscal cliff.
According to a Reuters source, Boehner agreed to a tax rate hike of an unspecified size on high earners – a term the source left undefined. The source said that Obama thought that the offer represented “progress.”
House of Representatives Speaker John Boehner’s offer to accept a tax rate increase for the wealthiest Americans knocks down a key Republican road block to a deal resolving the year-end “fiscal cliff.”
The question now boils down to price – which income levels, what rates and what’s offered in return. Such major questions, still unanswered so close to the end of the year suggest, however, that no surge toward an agreement is immminent.
[…] “Boehner has now accepted the premise of higher rates. So now we’re just arguing over details. I think it’s a significant step,” said Greg Valliere, chief political strategist at Potomac Research Group.
Why should Obama negotiate with him? He’s already getting what he wants on on Jan 1st automatically: tax hikes across the board, huge cuts to the military, and an opportunity to falsely pin the blame on the Republicans, which the media will gladly help him do.
Now that Obama has rejected this offer, the Republicans should start a huge PR offensive and MAKE HIM OWN IT when the tax hikes slam the middle class and throw us into another recession. NO MORE CONCESSIONS!
Seventy-five percent of the new revenue pulled in by President Barack Obama’s “fiscal cliff” plan would go toward new spending, not toward deficit reduction, the Republican side of the Senate Budget Committee contends. Here’s a chart, detailing how money from the new tax hikes would be distributed:
According to the minority side of the Senate Budget Committee, $1.2 trillion of the proposed $1.6 trillion in tax hikes would go toward new spending, while only $400 billion would go toward deficit reduction.
Long overdue. Should have done it after last summer’s debt ceiling debacle. It’s been obvious for a long time that he only has the spine to fight against true conservatives in his own party, not against Obama and his dangerous leftist agenda.
The backlash against Speaker of the House John Boehner’s removal of several conservative members of Congress from committees continued Wednesday, with one conservative group calling for Republicans to “depose” Boehner from his speakership.
American Majority Action (AMA) is launching a #FireBoehner campaign. If 16 members of the Republican Party abstain from voting for Boehner as speaker in January, he will be one vote shy of the 218 necessary to confirm his speakership.
“Speaker Boehner has been an abysmal failure as speaker, and his latest purge is the nail in the coffin for conservatives,” said Ned Ryun, president and CEO of AMA. “Boehner has never won a negation [sic] battle with the White House or Senate — and he’s been nothing short of an embarrassing spokesman for the conservative movement. It’s time for him to go.”
The House rules demand that a Speaker receive a majority—218 votes—to be elected speaker. If no nominee for speaker receives 218, the House remains speakerless—as it did during parts of the Civil War.
If 16 House Republicans were to abstain from voting for Speaker, Boehner would only receive 217 votes.
Once we depose Boehner and cause a firestorm, the Republican caucus will get the memo: Pick someone else! These 16 Republicans only need to hold out until the caucus chooses a new leader.
[…] Republicans and conservatives deserve a more articulate, more conservative leader. In fact, we need one if we want to keep the House majority and take the Senate. Boehner has been Obama’s punching bag and has lost every public battle with the President. Now, he’s waging an internal war on conservatives.
After purging four conservative House members from key Committees, House Speaker John Boehner (R-OH) threatened Republican members of Congress on Wednesday by telling them Republican leaders are “watching” their votes to determine future committee assignments.
Boehner’s remarks are a sign that the moderate House Republican leadership will be less tolerant of conservative dissent.
Rep. Tim Huelskamp (R-KS), who was removed from the Budget Committee, said Boehner warned those in his conference that “there may be more folks that will be targeted” and the Republican leadership is “watching all of your votes.”
“It was a message to the Republican Conference in general, especially the comment today that there may be more punishment coming if you don’t vote the right way,” Huelskamp toldThe Hill.
It’s unclear what criteria Boehner and GOP leadership plan to use in the weeks and months ahead. Boehner spokesman Michael Steel wouldn’t provide specifics on what criteria or votes on which the Speaker is “watching” conservative Republicans. Instead, when asked, Steel provided Breitbart News with the exact quote another Boehner spokesman gave two nights ago for a response to a completely different question. “The Steering Committee makes decisions based on a range of factors,” Steel said.
Huelskamp is one of the four conservatives purged from committee assignments from which he would be able to affect fiscal policy. He was pulled from the House Budget Committee and House Agriculture Committee. Michigan Republican Rep. Justin Amash was pulled from the Budget Committee too, and Reps. David Schweikert of Arizona and Walter Jones of North Carolina were removed from the House Financial Services Committee.
Huelskamp also addressed the GOP caucus on Wednesday and said he received “warm reception from some and silence from others.” He asked GOP leadership to publicly provide “that list of votes used in the Steering Committee to reward or punish members.