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Thursday, July 19, 2012

Patty Murray Is Ready to Let Republicans Run Right Over That Fiscal Cliff

Posted by on Thu, Jul 19, 2012 at 6:00 AM

If you haven't heard of the fiscal cliff, read this.

If you want an event shorter primer, here goes: the "fiscal cliff" is what this here US of A will hit on December 31 of this year because of all the hard decisions that were postponed in all the previous episodes of crazy budget brinksmanship.

In other words, America is less than six months (and one presidential election) away from a huge problem.

With that in mind, Washington Senator Patty Murray went to the Brookings Institution on Monday and very clearly put Republicans on notice that, unlike in past budget standoffs, Democrats this time are willing to let the country go right over that fiscal cliff if that's what it takes to reset tax rates to more sustainable levels. (Meaning: if that's what it takes to get the Bush tax cuts for the wealthy to finally, officially expire.)

In fact, Murray pointed out, going over the fiscal cliff on December 31, 2012 might even have an added benefit, in that it would make Grover Norquist and his famous anti-tax pledge "no longer relevant to this conversation."

How would that happen? Watch this video. It's long, but it offers one of the most cogent descriptions of the problem—and way forward—that you'll find out there right now. (And, if you want the video to be half as long, the good stuff starts at around 20 minutes in.)

One of the many money quotes:

I will not agree to a deal that throws middle class families under the bus and forces them to bear this burden alone. Unless Republicans end their commitment to protecting the rich above all else, our country is going to have to face the consequences of Republican intransigence.

 

Comments (16) RSS

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1
Intransigence. Nice. It makes the Republicans in congress sound like the children they are.
Posted by MR M on July 19, 2012 at 6:33 AM · Report this
Chef Thunder 2
Let's hope she and the other dems can stick to this line. They do have a well deserved reputation for caving.
Posted by Chef Thunder on July 19, 2012 at 6:37 AM · Report this
ScrawnyKayaker 3
I'll believe the Democrats have grown a spine, or even a notochord, when I see it. Not gonna hold my breath.
Posted by ScrawnyKayaker on July 19, 2012 at 6:37 AM · Report this
Ph'nglui mglw'nafh Cthulhu R'lyeh wgah'nagl fhtagn 4
So this is it. Finally. The Democrats are at last going to put their foot down and really stand up for what they believe. And then cave, naturally.
Posted by Ph'nglui mglw'nafh Cthulhu R'lyeh wgah'nagl fhtagn http://youtu.be/zu-akdyxpUc on July 19, 2012 at 7:08 AM · Report this
5
I gave my friends a speech the other night vowing that by New Year's Eve I would have sixpack abs. They believed me SO HARD.
Posted by gloomy gus on July 19, 2012 at 7:21 AM · Report this
6
Did she ever consider not spending as much?
Posted by Supreme Ruler Of The Universe http://_ on July 19, 2012 at 7:55 AM · Report this
Cato the Younger Younger 7
LOL!! This entire "Disaster" was invented by congress for nothing more than political gamesmanship. They can simply ignore the deadline if they don't make any decisions since there is no enforcement mechanism.

It's like saying you want to go running 5 times a week and if you don't you're not going to take a vacation in 6 months. The six months comes up, you never did any running and you still take your vacation.

Seriously, there is zero mechanism to enforce this threat.
Posted by Cato the Younger Younger on July 19, 2012 at 8:10 AM · Report this
8
I'll believe she's sincere, but I also believe that you can't swim against the stream of political influence for very long. We liberals have grown so pessimistic.
Posted by floater on July 19, 2012 at 8:16 AM · Report this
9
For fuck's sake: Taxes on _MONEY_ earned over or under some amount. People and businesses on this tax schedule, are only impacted in so far as they earn the relevant amounts, and the rich will still have the lower rates on their first umpty-thousand bucks.
Posted by Sick Of This Bullshit Frame on July 19, 2012 at 8:51 AM · Report this
Pick1 10
@7 This was the biggest disappointment for me, that I feel they won't follow through...Trust in our government is terribly low and this will just sink it lower.
Posted by Pick1 on July 19, 2012 at 8:51 AM · Report this
Pope Peabrain 11
@6 Yeah, that's worked so well for the EU.
Posted by Pope Peabrain on July 19, 2012 at 9:14 AM · Report this
ScrawnyKayaker 12
@7 I haven't looked at the details, but do you need a "mechanism" in the case of the expiring tax cuts? I was under the impression that the previously passed law says that the rates go back up on the expiration date as specified in the bill they voted on whenever. Correct me if I'm wrong.

The SPENDING cuts, OTOH...they can write any fucking budget they want next year, eh?
Posted by ScrawnyKayaker on July 19, 2012 at 9:20 AM · Report this
You_Gotta_Be_Kidding_Me 13
@12
And when was the last time the Senate passed a budget resolution?
Posted by You_Gotta_Be_Kidding_Me on July 19, 2012 at 10:51 AM · Report this
Will in Seattle 14
Very cool.

About time the tax giveaways ended.
Posted by Will in Seattle http://www.facebook.com/WillSeattle on July 19, 2012 at 11:26 AM · Report this
Max Solomon 15
@6: in fact, as the leader of the supercommittee, patty murray HAS considered spending less. and that's just what's going to happen - to the military. and much to the displeasure of the GOP numbnuts in the Clown Congress WHO AGREED TO THE DEAL.

but you knew that.
Posted by Max Solomon on July 19, 2012 at 12:04 PM · Report this
16
Why not? Either Obama wins and the Dems can be bold; or Rmoney wins and the Dems can play the opposition. Sure it is cynical and possibly bad for the economy, but thatd be Rmoney's problem.
Posted by wxPDX on July 19, 2012 at 1:22 PM · Report this

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