Amid Pressure, House Passes Fiscal Deal – The New York Times

WASHINGTON — Ending a climactic fiscal showdown in the final hours of the 112th Congress, the House late Tuesday passed and sent to President Obama legislation to avert big income tax increases on most Americans and prevent large cuts in spending for the Pentagon and other government programs. (More)

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Fiscal Cliff

President Obama needs to do the House Republicans what President Kennedy did . . .

Eric Smith

President Obama needs to do the House Republicans what President Kennedy did to the owners of the steel companies after they’d double crossed him in 1962 and raised steel prices after the president had gotten the Union to make major concessions in order to keep steel prices down and that it is to have the Attorney General direct the IRS to do a tax audit of every last one of those House Republicans. That will shake them up!

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Fiscal Cliff

TUESDAY. JANUARY 1, 2013. AMERICA GOES OVER THE FISCAL CLIFF! REPUBLICANS RAISE TAXES ON EVERYBODY!

Eric Smith

Man, I can’t wait to see tomorrow’s headline. TUESDAY. JANUARY 1, 2013. AMERICA GOES OVER THE FISCAL CLIFF! REPUBLICANS RAISE TAXES ON EVERYBODY!

Curmilus Butch Dancy II

But the sad part the local everyday, middle class and other die hard RACIST still don’t get it or they are in denial. But I guess they think they are exempt but they are going to get it tomorrow when their taxes are higher.

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House Won’t Vote Before Midnight On ‘Cliff’ Deal – WITN

The House will miss the midnight Monday deadline lawmakers set for voting to avoid the "fiscal cliff."

House Republicans notified lawmakers that the chamber will vote Monday evening on other bills. They say that will be their only votes of the day.

President Barack Obama and Senate Republican leader Mitch McConnell said Monday they are near a deal to avoid wide-ranging tax increases and spending cuts — the fiscal cliff — that take effect with the new year. (More)

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Rep. Butterfield: We’ll fall off fiscal cliff – Wilson Times

Wilson County’s congressman thinks the United States will tumble over the fiscal cliff on Jan. 1, but if he has his way, the middle-class tax hikes will be short-lived.

Rep. G.K. Butterfield said eleventh-hour bickering has tempered his optimism for a deal between Democrats and Republicans to avoid the combination of tax increases and across-the-board spending cuts. (More)

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John Boehner Pressured By Some To Let Democrats Pass Fiscal Cliff Bill – HuffPost Politics

WASHINGTON — In case the public weren’t frustrated enough over Congress’ failure to resolve the "fiscal cliff," consider this: lawmakers probably could enact a compromise quickly and easily if Republican leaders let Democrats provide most of the votes.

That would give Democrats a bigger voice in the bargain, of course, which the Republican-led House is loath to do. That’s why about 10 percent of the House’s members – staunch anti-tax conservatives – were able to thwart Speaker John Boehner’s bid to pass a narrowly crafted bill that might have strengthened his bargaining hand. (More)

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President Delivers a New Offer on the Fiscal Crisis to Boehner – The New York Times

WASHINGTON — President Obama delivered Speaker John A. Boehner a new offer on Monday to resolve the pending fiscal crisis — and what may be close to a final deal, which would raise revenues by $1.2 trillion over the next decade but keep in place the Bush-era tax rates for any household with earnings below $400,000. (More)

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