Showing posts with label Fiscal Cliff. Show all posts
Showing posts with label Fiscal Cliff. Show all posts

Friday, December 7, 2012

Dec. 7th Remmebered

It was today 71 years ago that Pearl Harbor was attacked by the Empire of Japan.


"Always will we remember the character of the onslaught against us. No matter how long it may take us to overcome this premeditated invasion, the American people in their righteous might will win through to absolute victory." - President Franklin D. Roosevelt

He was correct we are a hearty people and we band together and overcome what ever the world throws our way.  This is exactly why I never lose face that our great nation will overcome the current economic mess that we find ourselves in. 

Our leaders will work out a compromise by the dead line and we will begin the long road towards economic recovery in the new year.

Monday, December 3, 2012

Which Plan To Use?

Last week President Barack Obama released his plan for averting the Fiscal Cliff. Needless to say it was not what the Republicans had in mind when they had the summit at the White House.

The Obama Administration  updated an info-graphic online to outline their plan  and set up a website that citizens can have direct contact with the administration. You can tweet at President Obama and ask questions that he will be answering over the coming days.

Today, Speaker Boehner released today a letter addressed to President Obama outlining the Republican's position on the Fiscal Cliff. They wish to implement the Bowles Plan. Calling for much needed spending cuts coupled with in depth tax reform to close corporate loop holes and encourage job growth here at home.

What do you think of this battle over preventing the Fiscal Cliff?

Which plan do you want to see implemented?

Friday, September 28, 2012

Congress Leaves Unfinished Business!

Generally it is this time of year where we hear Congressmen and women coming back to their district touting the work they have completed in the past session. This year all I hear about is the list of unfinished business left back in Washington. It is the longest I have ever seen.

No Solution to the Fiscal Cliff 

No Farm Bill

No Real Budget Reform

No Solution to the Debt Ceiling

No Defense Re-authorization

All these issues must now be dealt with in an abbreviated lame-duck session following the election. With leaving these issues to the election they are poised to be huge election topics. It is sad that policies that could help so many Americans are held up for no reason. In the past session we have seen healthcare repeal acts, that have gone no where, passed 33 times while other crucial issues such as the approaching Fiscal Cliff and the new Farm Bill have not received the attention that they deserve.

The Fiscal Cliff is the compilation of Bush Era Tax Cuts that are set to expire at the same time as $100 billion Spending Cuts go into effect. Many economic experts fear that these both will cause the US to fall into another recession. Legislators are on record calling for the needed action to prevent the Fiscal Cliff  as soon as possible, yet nothing has been done. Now its up to a lame-duck Congress to sort out following November 6th.

Neither side is more at fault than the other for these issues not being completed in the previous session. The partisan bickering on both the Left and the Right have held up needed reforms for the bast 2 years. It is no wonder why Congress's approval rating is at 13%.

We truly need our elected officials to come back after the election and work together otherwise I fear even less will get done in the next session of Congress.