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View Diary: Obama makes fiscal cliff statement (454 comments)

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  •  The child Credit is huge (5+ / 0-)

    I had a ton of relatively apolitical friends on facebook posting about how they were worried about that being overturned.

    Winning is not necessarily breaking the GOP in one fell swoop. It's looking like you fought for what people mostly care about and really the 250-400,000 isn't the issue that has most middle class families worried.

    •  Yep, I have relatives who were really worried (1+ / 0-)
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      about that too. The wind energy credit is also huge because wind farms in Iowa and Colorado were going to stop expanding without that credit and they provide thousands of jobs and money for the economy.

      Yeah, that's my take on it too. If they can get the stimulus tax credits extended for 5 years plus a 1-year extension of UI, wind energy, and R&D credits without giving away any serious spending cuts, it is an excellent deal.

      Too many here are treating going off the cliff like it is a game and it doesn't impact anyone. Millions will be hurt if there isn't an agreement before 1/1. And there is no guarantee that the GOP will vote for a bill that continues those stimulus tax cuts, UI extension or wind/R&D tax credits.

      President Obama at Madison Rally 9/28/2010 - "Change is not a spectator sport."

      by askew on Mon Dec 31, 2012 at 11:22:48 AM PST

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      •  My concern is that (2+ / 0-)
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        askew, sxp151

        after the new year the bill will still have to originate in the House. Which means that Boehner doesn't have to pick up what Obama wants, he will present his own version, will trump up that they took a concession on tax rate but would still not include those credits.  I think allowing the bill to originate in the Senate is our best bet because if it passes Boehner has to work fast and will have immense pressure on him just on the heels of proof that his bill wasn't effective.

        I just don't think our leverage is as strong as others do. Just presenting the 250,000 tax level after the cliff and thinking the republicans will just pass it is wishful thinking. They will tinker with it in conference in a way that makes it seem markeatable to American's but is still way worse.

        •  I have those concerns as well. (0+ / 0-)

          So far the bill looks good. We'll have to see if there are any spending cuts or if there are other deadlines we aren't aware of. But, for right now, the Dems look like we got the better deal.

          President Obama at Madison Rally 9/28/2010 - "Change is not a spectator sport."

          by askew on Mon Dec 31, 2012 at 12:02:42 PM PST

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