Originally Posted by Meck77
Say whatever makes you feel good fellas. The fiscal cliff approaches.....It's going to be nasty.
Not really. Law makers are already working on the resolution for that dilemma. Boehner and co. overplayed their hands last fall when Obama was willing to deal, now they'll scramble at the last minute when he wins reelection, the senate stays dem, and the house levels out a bit. That deal will be constructed knowing that the Bush era tax cuts will be gone briefly before anything new can be passed as well, so it'll be working on a clean slate.
That means full repeal of Bush era tax cuts for people earning over $250K (possibly even $100K if the dems get real aggressive) and military spending cuts that are greater than domestic spending cuts. It will also likely mean a second stimulus very much along the lines of Obama's current jobs bill proposal.
We'll slip over the cliff just long enough to get drug back at the last minute when house republicans cave in order to keep their jobs. The big question is how well the GOP can spin it and if they can get the tea party types to toe the line or if it's going to be the first truly splintered GOP vote in a long time. If they can't get those tea party types in line and we see strong growth following the new plan (which is highly likely) they'll be DOA for voting against it in all but the most red districts. If that means a democratic win in the 2014 midterms Obama could be the first president in a long time to play out his last two years of his second term with both the house and senate on his side.
This is what conservatives need to be afraid of. Obama with a blank check for 2015 and 2016. If they don't play their cards right the next several months it will happen. The White House is lost and the senate is likely out of reach. Being rational and quick to react within the house is the only way to save some measure of control.