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The Result of Gridlock?

Ironically, if Congress does absolutely nothing, it will mostly solve the deficit crisis. Mainly because Bush’s tax cuts will expire automatically at the end of next year.

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7 Comments

  1. ebdoug wrote:

    Pew Research says that the majority of Republicans and Democrats want spending decreased and taxes increased. Perhaps what the Republicans in the House need are hearing aides?????

    Wednesday, April 13, 2011 at 10:26 am | Permalink
  2. Don wrote:

    It would appear to me that they already have lots of aides at their hearings. Or maybe I misunderstand your meaning? ;>D

    Wednesday, April 13, 2011 at 2:12 pm | Permalink
  3. Patricia wrote:

    Don’t worry — they’ll be able to act on this issue!

    Wednesday, April 13, 2011 at 2:28 pm | Permalink
  4. Jason Ray wrote:

    The President’s speech prsented about what I expected – a balanced, rational approach to addressing the debt and deficit over time, combining $3 of cuts in spending for every $1 in revenue increases. The majority of those increases (and likely all of them, although until the details are agreed upon we wouldn’t know) are not “raising taxes” – they are eliminating give-aways enacted during Bush 2 or for wealthy Americans and closing corporate loopholes and kick backs.

    As expected, House Repblicans were defining it as a “non-starter” before he even started the speech.

    I urge everyone to write their Congressman and Senators to show support for a balanced approach. If you disagree with the President’s priorities (or just dont want to mention him by name) show support for the Gang of Six senators (3 Democrats and 3 Republicans) that have been working for weeks to craft a bi-partisan budget plan that can work.

    The House plan is much more of a “non-starter” as anything Obama said, and we need to LOUDLY voice to our Congress critters that we epxect them to focus on practical solutions – meaning, solutions that can get enough support from both parties and the President to get enacted into law. The House knows full well that the zero tax increases, add burdens on seniors and the poor, and give away $2 TRILLION dollars MORE to wealthy individuals and corporations will never get passed, so it’s itme to stop yelling about that fantasy and start working on something real.

    If you agree, also check out NoLabels.org :-)

    Wednesday, April 13, 2011 at 3:26 pm | Permalink
  5. Mad Hatter wrote:

    What really irritates me (and has for the last 2+ years) is that Obama has pretty much always presented reasonable, balanced and rational solutions to our problems and issues…..at the BEGINNINGS of the debates and negotiations. Why in the world start a negotiation with the position where you would like to wind up at…..?

    Wednesday, April 13, 2011 at 4:30 pm | Permalink
  6. Max wrote:

    By “the deficit crisis” do you mean the crisis of the deficit being too small to support the economy?

    Or are you agreeing with Glenn Beck that we are Zimbabwe and hyperinflation will arrive any day now?

    Wednesday, April 13, 2011 at 5:46 pm | Permalink
  7. Dan wrote:

    By then the austerity measures should have kicked in and there will be much less middle class income to tax, so the increase will just offset what will have been lost.

    Wednesday, April 13, 2011 at 8:08 pm | Permalink