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View Diary: Abbreviated Pundit Round-up: What if the Speaker isn't a House member? (105 comments)

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  •  Like the Mayan Apocalypse the Fiscal Cliff (7+ / 0-)

    will pass and a week from Friday that silly phrase will be history.  Fortunately, a week from Friday Conrad, Lieberman, Ben Nelson will also be history and the Dems in the Senate will have some new spine.  I'll  take Warren, Murphy, and Baldwin any day for those three.  In this case, no deal in 2012 is a good deal as I see it.

    Suppose you were an idiot. And suppose you were a Republican. But I repeat myself. Harry Truman

    by ratcityreprobate on Thu Dec 27, 2012 at 04:46:11 AM PST

    •  Unfortunately, (3+ / 0-)
      Recommended by:
      singe, ratcityreprobate, Bob Friend

      that still doesn't help us, as any bill has to pass the House.
      We will definitely be in a better negotiating position after the new year. Plus, I would like to show people that this "fiscal cliff" stuff was nonsense all along, screeching and handwaving from the same people who have been complaining about the threat of "runaway inflation".

      “We are not a nation that says ‘don’t ask, don’t tell.’ We are a nation that says ‘out of many, we are one.’” -Barack Obama

      by skohayes on Thu Dec 27, 2012 at 05:04:00 AM PST

      [ Parent ]

    •  What I'd like to see (1+ / 0-)
      Recommended by:
      ratcityreprobate

      but am not clever enough to create so hope one of you graphics people can:

      A chart that breaks down the "fiscal cliff" into its component parts, and then it can get updated as each piece is addressed. I get lost easily, and these are actually discreet pieces. It's not likely to get resolved in one big swoop, and some of the pieces are ones we want to keep.

      Here's the beginning of a list:

      1. end of the 2% reduction in FICA/Medicare withholding, which returns to 6.2% of gross pay (up to the wage cap, then just the Medicare portion) instead of 4.2%.  (Is Obama even arguing to extend this? I don't think so.)

      2. end of the Bush tax cuts that Obama/Congress extended once --
           2a. return to Clinton-era rates for everyone @ or below 200,000 (single)/250,000 MFJ (NO WE DON"T WANT) -- the bill the Senate has already passed.
           2b. return to Clinton-era rates for everyone above 200,000/250,000 (LET IT HAPPEN PLEASE)

      3. one-year fix for Alternative Minimum Tax, as they've done every year to avoid the hit from the AMT not being indexed for inflation (Was fix done for 2012 tax year? or are we waiting for that as well as 2013?)

      4. The "sequester" cuts from the debt ceiling extortion
            4a. the domestic program cuts (WE DON"T WANT)
            4b. the "defense" and war-making cuts (I'd like to keep those, others may disagree)

      5. renewal of extended unemployment benefits (how many weeks are we at now?)

      6. something about lower Medicare? Medicaid? reimbursement rates for providers that are supposed to go into effect -- I don't understand these or know if they're a good idea or not.

      7. the new debt ceiling thingy that Geitner just announced (here we go again).

      8. Preventing the GOP from going after the SS COLA or anything else related to SS and Medicare, which actually aren't in crisis and are red herrings (but may be the actual goal of their crisis-mongering).

      •  That is a good start, but I'm sure there are (0+ / 0-)

        more.  You are correct that it is confusing trying to put it all together.

        Suppose you were an idiot. And suppose you were a Republican. But I repeat myself. Harry Truman

        by ratcityreprobate on Thu Dec 27, 2012 at 08:33:10 AM PST

        [ Parent ]

      •  Found a coherent explanation (0+ / 0-)

        from the Washington Post, a month ago -- with dollar figures and everything, in easy-to-read FAQ format.

        They do not, suprisingly, include the estate tax reverting to pre-Bush ($1 million exclusion, 55% rate, credit for state taxes which means 30 states start getting revenue again).

        They propose, as I would, that the various pieces can be dealt with separately.

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