Skip to main content

View Diary: Abbreviated pundit roundup: A new year, a new deal (144 comments)

Comment Preferences

  •  The deal PERMANENTLY lowers taxes on the... (3+ / 0-)
    Recommended by:
    Ender, Buzzer, Laconic Lib

    ...wealthy and PERMANENTLY lowers the estate tax from 55% to 40%. That stinks.

    It also gives away ALL of Obama's leverage on the debt ceiling, so the true stench of this deal will be apparent in about two months.

    Just wait and see.

    •  not really (0+ / 0-)

      the sequester for the other cuts come in 2 months.  That is a big chunk of defense spending cuts in there that Obama KNOWS republicans must pass.

      95% of all life forms that once existed on earth are now extinct. It is only a matter of time until the Republicans follow suit.

      by PRRedlin on Tue Jan 01, 2013 at 06:05:42 AM PST

      [ Parent ]

      •  I don't see how that is leverage (1+ / 0-)
        Recommended by:
        RJDixon74135

        Nobody wants those cuts to happen. Obama said himself during the debates that those cuts are never going to happen.

        •  kabukki theater (2+ / 0-)
          Recommended by:
          Egalitare, Ender

          no cuts will happen

          95% of all life forms that once existed on earth are now extinct. It is only a matter of time until the Republicans follow suit.

          by PRRedlin on Tue Jan 01, 2013 at 06:15:21 AM PST

          [ Parent ]

        •  I'd be thrilled to see defense cuts happen, Ender (2+ / 0-)
          Recommended by:
          Ender, skohayes

          There's lots of room to tighten up the war machine.

          Cantor just announced that "no decision on taking the bill to the House will be made today."

          “Social Security has nothing to do with balancing a budget or erasing or lowering the deficit.” -- Ronald Reagan, 1984 debate with Walter Mondale

          by RJDixon74135 on Tue Jan 01, 2013 at 07:16:33 AM PST

          [ Parent ]

          •  I'd be thrilled too. Don't see it happening though (0+ / 0-)

            Thanks for the news about the House.

            It reminds me of a quote from the movie, Airplane:

            Dr. Rumack: Captain, these passengers don't have much time. How soon can we land?
            Capt. Oveur: I can't tell.
            Dr. Rumack: You can tell me, I'm a doctor.
            Capt. Oveur: What I mean is, I don't know.
            Dr. Rumack: Well can't you take a guess?
            Capt. Oveur:...Not for another two hours.
            Dr. Rumack: You can't take a guess for another two hours?
            Capt. Oveur: No what I'm saying is we can't land for another two hours.

    •  There's no "PERMANENT" in tax law (5+ / 0-)

      They tweak something on it every year, and when the GOP and its think tanks go back (tomorrow) to harping on the deficitdeficitdeficit, and keep insisting on a thorough-going revision of the tax code, as far as I'm concerned they should be careful what they pray for as they might get it. If the Democrats retake the House in 2014 (dream on, but just saying. . .), or 2016, all sorts of things are possible.

Subscribe or Donate to support Daily Kos.

Click here for the mobile view of the site