Senate passes 157 page fiscal cliff deal…

While you slept… or partied I guess.

Just past 2 a.m., after only about 10 minutes of debate, it passed 89-8. At least 60 votes were needed to send it to the House.

“Each of us could spend the rest of the week discussing what a perfect solution would have looked like, but the end result would have been the largest tax increase in American history,” Minority Leader Mitch McConnell (R-Ky.) said before the vote. “…So it took an imperfect solution to prevent our constituents from very real financial pain. But in my view, it was worth the effort.”

The “no” votes were from Sens. Tom Carper (D-Del.), Tom Harkin (D-Iowa), Mike Lee (R-Utah), Richard Shelby (R-Ala.), Rand Paul (R-Ky.), Chuck Grassley (R-Iowa), Michael Bennet (D-Colo.), and Marco Rubio (R-Fla.).

Conservatives are pretty pissed at the GOP but I don’t really understand why. Taxes were going to increase on the wealthy in 2013 no matter what happened. The Republicans had no ability whatsoever to stop it. This is actually a step back from what Obama was demanding last weekend.

Does it suck to be engaging in fiscal policies that will have a negative effect on the aggregate economy for no reason other than the serve the class warfare passions of the left? Of course. There is no tax solution to the fiscal disaster that is gathering in Washington. To pretend otherwise is to engage in petty attacks on the “other” for political advantage. The call for tax increases is nothing more than demagoguery. Obama is pandering to the thoughtless to build his own political fortunes. It is sickening.

But to pretend the Republican Party had any ability whatsoever to stop tax increases on the wealthy is to engage in fantasy. The reelection of Obama combined with the automatic increases in 2013 took meant that taxes were going to increase on those who made too much money no matter what.

It looks to me like the GOP made the best of a no-win situation. The wealthy already pay the vast majority of the taxes in America. Now they will pay more. That is the nature of class warfare and the demonization of “the other”. That is the nature of the Democratic Party.

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14 Responses to Senate passes 157 page fiscal cliff deal…

  1. R.D. Walker says:

    I see, as usual, one of my senators voted for it and the other against it. For decades, Iowans have had two senators who each cancel the vote of the other rendering Iowa moot in the Senate. This is the case in almost every vote of consequence.

    Nice job Iowa. :-)

  2. R.D. Walker says:

    Of course uber-partisan moonbat Paul Krugman isn’t happy either so there is that…

    http://krugman.blogs.nytimes.com/2012/12/31/conceder-in-chief-2/

  3. Ray Davies says:

    No matter what,no matter who,no matter religion or political party, We’re Screwed.What’s needed in Washington is people like us who can look at the situation and say “we can’t afford that”. It’s like watching the food stamp people buying rib eye steaks and we’re scrimping to get hamburger. We should start with getting rid of the UN and foreign aid. Hell they all hate us anyway.

  4. RJM says:

    Commander Walker, Sir!

    Correct if I am wrong, Sir. Per the article post it says Harkin and Grassley both voted no?

    “The “no” votes were from Sens. Tom Carper (D-Del.), Tom Harkin (D-Iowa), Mike Lee (R-Utah), Richard Shelby (R-Ala.), Rand Paul (R-Ky.), Chuck Grassley (R-Iowa), Michael Bennet (D-Colo.), and Marco Rubio (R-Fla.).”

    I can’t imagine Harkin voting no!!!!

    Thank you, Sir!

    • R.D. Walker says:

      Duh. I saw Grassley but didn’t see Harkin for some reason. I wonder what that is all about. Must be about the 40% tax on estates over $5 million being bad for farmers.

      Whatever the case, it is a rare convergence of votes for those two.

  5. Doc says:

    I don’t know about you folks, but my ASS IS SORE ‘cuz we ALL GOT SKREWED LAST NITE…

  6. James says:

    “The deficit is no problem right now”

    Krugman is mentally unbalanced.
    The problem with “experts” such as Krugman engaging in destructive kibitzing is when the country collapses, he will walk away from the whole mess. He won’t say he’s sorry. He will say his plan wasn’t followed.

  7. Rockheim says:

    Like any and every liberal failure.. when this blows up in our faces, as it is mathematically certain to.. the liberals will claim that the problem was that we didn’t spend ENOUGH.. the Stimulus was too small.. the tax on the rich too small.. the tax on businesses too small. We didn’t wring enough revenue out as we requested.. And even IF you give a liberal everything they as for.. they’ll still claim it wasn’t enough and that they were forced to “scale back” their requests in order to pass the bill..

    The fact that these liberal policies have failed, utterly and completely, everywhere they’ve been tried.. everytime throughout history is immaterial.

    I’m reminded of an old Garfield cartoon.. Jon was reading the Paper to Garfield and talking about some crazy guy who jumped off a building and died.. The next frame shows Garfield charging for the end of the table with a cape around his neck.. The thought bubble exclaimed.. “Yeah? But he didn’t BELIEVE!!”

  8. pateriot says:

    We should just go over the cliff. That is the only way that we will get significant spending reductions. It will mean increased taxes for tens of millions of Americans including me. However this way Americans will see the true cost of Socialism and big government. As it stands it is free money handed out by the government. The evil rich pay for our standard of living, national debt finances our lifestyles, counterfeited dollars line our pockets,and future generations get the bill. People need to be made aware that free handouts are not free; being the policemen of the World comes with a huge cost, and that big government always diminishes We the People. Government spending comes with an enormous cost that MUST BE PAID!!! If someone else is getting the bill for it most people will see no need for it to stop. CUT UP THE CREDIT CARDS, STOP PENALIZING SUCCESS, AND PAY AS WE GO!!!

    • notamobster says:

      Pateriot for President!

    • R.D. Walker says:

      Americans don’t want cuts. They want a 2013 Mercedes-Benz government on the payments of a 1996 Chevy Corsica. Why shouldn’t they? That’s what they have been given. They don’t want to give up the Mercedes and they don’t want to pay for it.

      What’s worse for Republicans than failing to cut the budget? Cutting the budget. When change comes, it will be organic change. It won’t come from Congress or the White House.

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