Federal Politics
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Federal Politics
What's happening in Washington? What are the critical issues of the day, how is our government reacting to them, and how do The People feel about it?
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Where we stand with the "Fiscal Cliff"

Where we stand with the "Fiscal Cliff" | Federal Politics | Scoop.it

Excerpt from article by EZRA KLEIN, Washington Post

 

The Senate already passed a bill letting the Bush tax cuts lapse for income over $250,000. That bill is very, very popular. The White House expects that if we go over the cliff, the House will have to pass that bill, too, and the president would have little choice but to sign it. That bill raises taxes by a bit more than $700 billion, which is less than the $1.6 trillion the White House wants. But that $700 billion, to the White House, is the baseline: If they get nothing else, they will certainly get that.

 

And that’s why Boehner’s offer of $800 billion doesn’t impress. The White House already has some $700 billion in the bank, as they see it. The reason to negotiate with Boehner is that an agreement with him could, in theory, push that number well above $1 trillion while stabilizing the debt and avoiding the economic pain of falling off the fiscal cliff. But there’s no reason to cut a deal with Boehner in which the White House gives up spending cuts in order to get a tax increase they can have anyway. 

 

The talk in Washington now is about a “small deal.” That would likely include the Senate tax bill, some policy to turn off at least the defense side of the sequester and a handful of other policies to blunt or delay various parts of the fiscal cliff.

 

That’s not a very good deal for the short-term health of the economy. Depending on how much of the fiscal cliff gets delayed, we could tip into recession anyway. But it could lead, in the end, to much more revenue than a “big deal” now.

 

Here’s how it would go. Some time in the next month or so, the small deal would pass and the White House would pocket that $700-plus billion in tax revenue. They really would get that for free, just as the president told Boehner. 

 

But pressure would quickly mount to strike a larger deal, both because there would be another fiscal cliff coming and because the debt ceiling would need to be raised. (The White House swears they won’t negotiate over the debt ceiling, but it’s not exactly clear what that will mean in practice.)

 

The White House would insist that the next deal includes a 1:1 ratio of tax increases — all of which could come through Republican-friendly tax reform — to spending cuts. So a subsequent deal that included $600 billion or $700 billion in spending cuts would also include $600 billion or $700 billion in tax increases, leading to total new revenue in the range of $1.2 trillion to $1.4 trillion. 

 

There’s precedent for this. After the 2010 midterms, Republicans forced the passage of the Budget Control Act, which included more than a trillion dollars in spending cuts and no offsetting tax increases. They’ve subsequently refused to count those cuts toward any future deals. If the president, after winning the 2012 election, pocketed $700 billion in tax increases and insisted that revenue was unrelated to the next negotiation, he’d simply be following Boehner’s lead.[MORE]


Via Eric Byler
Party Recon's insight:

NO DEAL!  NO DEAL!  Boehner's proposed cuts are tantamount to a tax increase on the middle class and the poor, who will see cuts in essential services.  Call your Representatives and Senators and tell them that we can and must do better! 

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Eric Byler's curator insight, December 26, 2012 2:24 AM

I snipped out the solid analysis from Klein's Dec. 22 article. The "juicy" stuff about Obama and Boehner's negotaitions is at the beginning and the end, including a good explanation of the Obama quip "I get that for free."

Party Recon's comment, December 26, 2012 12:32 PM
NO DEAL! NO DEAL! Boehner's proposed cuts are tantamount to a tax increase on the middle class and the poor, who will see cuts in essential services. Call your Representatives and Senators and tell them that we can and must do better!
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The Root of Real Jobs: Filling the STEM Talent Gap

The Root of Real Jobs: Filling the STEM Talent Gap | Federal Politics | Scoop.it
Our nation is not only poised to go over a "fiscal cliff," we're just about in freefall over a talent cliff to meet the growing need of STEM jobs.
Party Recon's insight:

It's not just enough for educators to simply put out information; we need teachers that inspire!  Yet how can we find draw these talented people to education if we refuse to invest in better school infrastructure and hire teachers saleries? 

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Feinstein Amendment Further Entrenches Power of Military Indefinite Detention | The Dissenter

Feinstein Amendment Further Entrenches Power of Military Indefinite Detention | The Dissenter | Federal Politics | Scoop.it

Watch as Senetor Dianne Feinstein attempts to take yet another big chunk out or your civil liberties.  Dianes says, "No due proces for you!"

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Post-Election Memos

Post-Election Memos | Federal Politics | Scoop.it

by Dan Aronson

Now that the election has thankfully passed, I have compiled several short memos to the various groups that seemed to be at odds with one another during the campaign.
 

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Romney v Obama: A Lesson in Futility

Romney v Obama: A Lesson in Futility | Federal Politics | Scoop.it

By Dan Aronson

 

Governor Romney is promising that if we deregulate business and reduce their tax burden, they'll create tons of jobs. President Obama is saying that the recovery has been successful and that we just need to stay the course.  President Obama helped big business and the rich recover from the Crash of '08 while Romney helped himself to a great deal of the recovery wealth.  Do either actually care about the rest of us?  Spoiler alert, the answer is NO.

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How to Keep Money out of the Presidential Race | Party Recon

How to Keep Money out of the Presidential Race | Party Recon | Federal Politics | Scoop.it
I have long since studied the various arguments both for and against the Electoral College, including its effect on voter behavior and turnout, representation of smaller states, and the way presidential candidates design campaigns.
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It’s not about the jobless rate, it’s about wages lost | Party Recon

When this year’s September Employment Figures came out, all of my friends who are supporting the President in his reelection bid took to the [digital] streets, blogging verbosely for all to hear.  There joy was premature -- about $15.8 Billion premature.

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Confessions of a Would-Be Democrat | Party Recon

Confessions of a Would-Be Democrat | Party Recon | Federal Politics | Scoop.it
After totally dismissing the Republican’s tall tale of how decreased taxes and deregulation will magically create jobs, I turned my full attention to the Democratic National Convention and its centerpiece, President Obama’s nomination acceptance...
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Doesn’t America deserve a choice worth making? | Party Recon

Doesn’t America deserve a choice worth making? | Party Recon | Federal Politics | Scoop.it
According to a Rasmussen Poll* taken on the last day of July, only 45% of voters are excited about the candidate they are voting for, while 46% of voters will be going to the polls to cast their vote for the lesser of two evils.
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It's Not What You Believe, But How

It's Not What You Believe, But How | Federal Politics | Scoop.it

Back last July, when I was in the midst of my research on political marketing, I wrote this brief entry about how we believe. Given many of the dramatic responses to recent political events--everything from Ryan's selection to SuperPAC advertising--I thought it worthwhile to give it another look.

 

Tonight, on The Middle Ground, we'll be discussing some of the ways in which people justify their black hat/white hat perspectives....

 

Michael Charney [MORE]


Via Michael Charney
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The Changing Face of Democracy

The Changing Face of Democracy | Federal Politics | Scoop.it

Do either parties care to actualy unite America, or are teh only interested in getting to 50.01%?  Unfortunately, it appears that both the Democrats and Republicans only care about the latter.

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Paradigm Shift: The Future is NOT Now | Party Recon

Paradigm Shift: The Future is NOT Now | Party Recon | Federal Politics | Scoop.it
Americans must accept that there are no quick fixes to our current financial crisis and as such, we must find a new breed of politician to send to Washington.
Party Recon's insight:

I used to be a fiscal conservative, but the greediness of the rich have turned me into a progressive.  I didn't want this change, but it's now the only way to save the middle class and the American Dream.

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Feinstein Amendment Further Entrenches Power of Military Indefinite Detention | The Dissenter

Feinstein Amendment Further Entrenches Power of Military Indefinite Detention | The Dissenter | Federal Politics | Scoop.it

Watch as Senetor Dianne Feinstein attempts to take yet another big chunk out or your civil liberties.  Dianes says, "No due proces for you!"

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The Norquist Anti-Tax Pledge is Cracking — And That’s a Good Thing | The American Conservative

The Norquist Anti-Tax Pledge is Cracking — And That’s a Good Thing | The American Conservative | Federal Politics | Scoop.it

Not quite like rats from a sinking ship, but we'll take any progress at this point, right?  Thanks for kicking Grover to the curb.  He's just plain bad for America.

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I'm Worth More than You Are (According to SuperPACs)

I'm Worth More than You Are (According to SuperPACs) | Federal Politics | Scoop.it

by MICHAEL CHARNEY

 

I feel pretty strongly about this whole SuperPAC thing, about the way that money in politics has so dramatically bastardized the election process.

 

Long ago it was "one person/one vote," but now it seems to be "one dollar/one vote."

 

According to this NPR video (full credit where credit is due), it's not even that anymore... Seems that I'm worth over $5.00 because I live in New Hamphsire. Only Nevada's denizens are worth more than I am and, if you're in California, you're worth pretty much nothin'.

 

Don't believe me? Watch...


Via Michael Charney
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Party Recon's comment, November 6, 2012 1:13 PM
Uh huh. And it's thanks in part to the Electoral College my friend.
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Who are YOU Endorsing? The Middle Ground: Tuesday 8PM EST / 5PM PST

Who are YOU Endorsing? The Middle Ground: Tuesday 8PM EST / 5PM PST | Federal Politics | Scoop.it

THE MIDDLE GROUND


THIS TUESDAY, 8PM EST / 5PM PST

 

WHO ARE YOU PLANNING ON ENDORSING?

 

Endorsements are coming in fast and furiously, with several previously right-leaning papers now shifting to President Obama. In addition, former Sec of State Colin Powell has once again endorsed Obama.

 

Do these endorsements make a difference? And who are you endorsing--not just for President, but in your state elections?

Our guest tonight (rescheduled from last week) is Ret. Col. Larry Wilkerson, former Chief of Staff to Sec. Powell.

 

CALL IN!

646-929-2495

 

THE MIDDLE GROUND

 

WITH CO-HOSTS

ERIC BYLER AND MICHAEL CHARNEY

 

THE COFFEE PARTY USA

INTERNET RADIO NETWORK


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Fiscally conservative AND socially liberal? Yes we can!

Fiscally conservative AND socially liberal? Yes we can! | Federal Politics | Scoop.it

Many poeple, perhaps even the majority of Americans say that they tend to be fiscally conservative, yet liberal on social issues. Those same people constantly lament the fact that they have no political party.  Now they do!

by Dan Aronson 


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Reconsidering Party: Why Belong at All? Join us on "The Middle Ground"

Reconsidering Party: Why Belong at All? Join us on "The Middle Ground" | Federal Politics | Scoop.it

Tonight we discuss where the middle really is with guest Dan Aronson, founder of Party Recon, a, principe-centric movement that asks us to RECONsider everything we think we know about the way parties work.

 

Listen in, or join the discussion live by calling the show at 646 929-2495. This is a chance to be part of the future of American politics

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Confession of a Former [Fiscal] Republican | Party Recon

Confession of a Former [Fiscal] Republican | Party Recon | Federal Politics | Scoop.it
Do the Republicans believe that we have lost all ability to reason? Worse yet – have we?
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Akin for Religious Relief | Party Recon

Akin for Religious Relief | Party Recon | Federal Politics | Scoop.it
The founders were so aware of the oil and water relationship between politics and religion that they wrote a specific clause into the constitution; not banning religion, but stating that the government will not force people to practice a specific...
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House Republican joins effort to force vote on Disclose Act - The ...

House Republican joins effort to force vote on Disclose Act - The ... | Federal Politics | Scoop.it
A Republican congressman from North Carolina has joined an effort by House Democrats to bring up legislation requiring corporations and unions to file a Federal Elections Commission report for large campaign spending.
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Exclusive: Prosecutors, regulators close to making Libor arrests

Exclusive: Prosecutors, regulators close to making Libor arrests | Federal Politics | Scoop.it
(Reuters) - U.S.prosecutors and European regulators are close to arresting individual traders and charging them with colluding to manipulate global benchmark interest rates, according to people familiar (RT @Ian_Fraser: Arrests, charges imminent in...
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