Saturday, December 22, 2012

DEMOCRATIC INACTION FORCES THE FISCAL CLIFF

Conservatives Stand Their Ground
Heritage.org – The Foundry – Morning Bell – Rob Bluey – 12/21/2012
Heritage’s Patrick Louis Knudsen, the Grover M. Hermann Fellow in Federal Budgetary Affairs, wrote last month about the Senate’s failure to act:
Although the House passed legislation this year replacing the across-the-board cuts with specific policy changes, the Senate refused to act, forcing any resolution to wait until after this year’s election. Now this large problem joins with other unresolved issues, such as the “doc fix” (extending Medicare physicians’ payment rates) and extended unemployment benefits—and another debt-ceiling increase looms early next year as well.
Now there are just 11 days left before Americans face a massive slate of tax hikes and reckless defense cuts. The fiscal cliff will affect all American taxpayers, with an average increase of more than $4,100 in taxes.
Boehner, who oversaw passage of Republican-drafted budgets in 2011 and 2012, was right to place blame on the Senate for failing to act:
Now it is up to the president to work with Senator Reid on legislation to avert the fiscal cliff. The House has already passed legislation to stop all of the January 1 tax rate increases and replace the sequester with responsible spending cuts that will begin to address our nation’s crippling debt. The Senate must now act.
 
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