General Discussion

aaaaaa5a

(4,667 posts) Mon Dec 31, 2012, 10:08 PM Dec 2012

MSNBC: Fiscal Cliff deal has been reached between Senate and White House

Deal parameters:

39.6% tax rates on income over 400,000 a year for single filers. 450,000 per year for joint filers.

Cap gains on income above 400/450K increases to 20% (from 15%)

Unemployment benefits are saved

Sequester is held off for 2 months.

Nancy Pelosi has agreed to the deal.

More to follow.

21 replies

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Highlight:

MSNBC: Fiscal Cliff deal has been reached between Senate and White House (Original Post) aaaaaa5a Dec 2012 OP

And dies in the House. Panasonic Dec 2012 #1

Indeed. Purveyor Dec 2012 #3

I hate to rain on the parade... aaaaaa5a Dec 2012 #4

They only need 20 something. It will pass still_one Dec 2012 #12

Yep... kentuck Dec 2012 #15

You are right, I still think it will pass. I suspect the votes are already known still_one Dec 2012 #16

Only need 35 or 40 votes from Pugs Narraback Dec 2012 #5

Yes, but the GOP would have to bring a bill to the house floor for a vote aaaaaa5a Dec 2012 #7

it's possible boner will allow it, knowing most republicans will vote against it. unblock Dec 2012 #10

They could use discharge petition Narraback Dec 2012 #13

The speaker will, and not every member of the repuke house is tea party. It will pass still_one Dec 2012 #14

No changes from the deal parameters this morning are being reported rufus dog Dec 2012 #2

I wouldn't give the GOP anything. R. Daneel Olivaw Dec 2012 #6

Tax hikes w/no cuts... this deal is 100% DOA in the house n/t taught_me_patience Dec 2012 #8

Agreed. I think the White house and Senate are wasting their time. aaaaaa5a Dec 2012 #9

Nancy Pelosi agrees with the deal. This means house Dems will be on board. aaaaaa5a Dec 2012 #11

And the lockstep GOP crazies who control the house will vote it down. Warren DeMontague Dec 2012 #18

Wow! The White House and the Democratic-Controlled Senate Agreed? This means... Warren DeMontague Dec 2012 #17

From MSNBC's Chuck Todd: aaaaaa5a Dec 2012 #19

From Chuck Todd: Biden did not negotiate anything that Pelosi and Reid did not agree too. aaaaaa5a Dec 2012 #20

From John Harwood: aaaaaa5a Dec 2012 #21

Panasonic

(2,921 posts)

1. And dies in the House.

Reply to aaaaaa5a (Original post)

Mon Dec 31, 2012, 10:09 PM

Dec 2012

With the crazy teabaggers opposing everything that we have made a "deal" with - and ending up owning the fiscal cliff.

Purveyor

(29,876 posts)

3. Indeed.

Reply to Panasonic (Reply #1)

Mon Dec 31, 2012, 10:10 PM

Dec 2012

aaaaaa5a

(4,667 posts)

4. I hate to rain on the parade...

Reply to Panasonic (Reply #1)

Mon Dec 31, 2012, 10:10 PM

Dec 2012

but there is now way a majority of Rethugs in the house are going to vote for this.

still_one

(92,187 posts)

12. They only need 20 something. It will pass

Reply to aaaaaa5a (Reply #4)

Mon Dec 31, 2012, 10:18 PM

Dec 2012

kentuck

(111,089 posts)

15. Yep...

Reply to still_one (Reply #12)

Mon Dec 31, 2012, 10:20 PM

Dec 2012

I think so. But may need a few more than 20.

still_one

(92,187 posts)

16. You are right, I still think it will pass. I suspect the votes are already known

Reply to kentuck (Reply #15)

Mon Dec 31, 2012, 10:21 PM

Dec 2012

Narraback

(648 posts)

5. Only need 35 or 40 votes from Pugs

Reply to Panasonic (Reply #1)

Mon Dec 31, 2012, 10:11 PM

Dec 2012

from congress the 18 or 20 in the next Congress

aaaaaa5a

(4,667 posts)

7. Yes, but the GOP would have to bring a bill to the house floor for a vote

Reply to Narraback (Reply #5)

Mon Dec 31, 2012, 10:14 PM

Dec 2012

knowing the majority of their own party will be voting against it. They had vowed not to do that.

unblock

(52,206 posts)

10. it's possible boner will allow it, knowing most republicans will vote against it.

Reply to aaaaaa5a (Reply #7)

Mon Dec 31, 2012, 10:17 PM

Dec 2012

so it passes with most democrats and a few republicans, but most republicans can still say they voted against it.

the house majority is seriously dysfunctional so it's not clear what will happen.

Narraback

(648 posts)

13. They could use discharge petition

Reply to aaaaaa5a (Reply #7)

Mon Dec 31, 2012, 10:19 PM

Dec 2012

Currently 186 house members have signed

http://clerk.house.gov/112/lrc/pd/petitions/DisPet0006.xml

If needed a new petition could be filed in the new Congress

edited spelling

still_one

(92,187 posts)

14. The speaker will, and not every member of the repuke house is tea party. It will pass

Reply to aaaaaa5a (Reply #7)

Mon Dec 31, 2012, 10:20 PM

Dec 2012

rufus dog

(8,419 posts)

2. No changes from the deal parameters this morning are being reported

Reply to aaaaaa5a (Original post)

Mon Dec 31, 2012, 10:10 PM

Dec 2012

Are the Repuke Senators throwing their brothers in the House under the bus?

R. Daneel Olivaw

(12,606 posts)

6. I wouldn't give the GOP anything.

Reply to aaaaaa5a (Original post)

Mon Dec 31, 2012, 10:11 PM

Dec 2012

I'd just work everything out in the new year. Stop giving in to them.

taught_me_patience

(5,477 posts)

8. Tax hikes w/no cuts... this deal is 100% DOA in the house n/t

Reply to aaaaaa5a (Original post)

Mon Dec 31, 2012, 10:14 PM

Dec 2012

aaaaaa5a

(4,667 posts)

9. Agreed. I think the White house and Senate are wasting their time.

Reply to taught_me_patience (Reply #8)

Mon Dec 31, 2012, 10:16 PM

Dec 2012

The tea party already voted down a deal by the Speaker of the house. Why would they not vote down a deal by McConnell?

aaaaaa5a

(4,667 posts)

11. Nancy Pelosi agrees with the deal. This means house Dems will be on board.

Reply to aaaaaa5a (Original post)

Mon Dec 31, 2012, 10:18 PM

Dec 2012

Pelosi, Reid and the President are on board. They all agree.

Warren DeMontague

(80,708 posts)

18. And the lockstep GOP crazies who control the house will vote it down.

Reply to aaaaaa5a (Reply #11)

Mon Dec 31, 2012, 10:24 PM

Dec 2012

For sure.

Warren DeMontague

(80,708 posts)

17. Wow! The White House and the Democratic-Controlled Senate Agreed? This means...

Reply to aaaaaa5a (Original post)

Mon Dec 31, 2012, 10:24 PM

Dec 2012

um, likely, nothing.

aaaaaa5a

(4,667 posts)

19. From MSNBC's Chuck Todd:

Reply to aaaaaa5a (Original post)

Mon Dec 31, 2012, 10:25 PM

Dec 2012

1) Mitch Mconnell and the Senate GOP wanted a deal.

2) Obama does not want to go over cliff.

3) Chuck Todd says doomsday has only been delayed, because sequester will still come up in March combined with the debt ceiling talks and budget talks. March could be a bad month

4) No winners. White-House has GOP helping them raise taxes. Taxes are going up on 1.4% of the population.

5) Senate vote is important. Todd says if the deal has 80 senate votes it probably passes the Senate. If it only has 55-60, it probably does not.

aaaaaa5a

(4,667 posts)

20. From Chuck Todd: Biden did not negotiate anything that Pelosi and Reid did not agree too.

Reply to aaaaaa5a (Original post)

Mon Dec 31, 2012, 10:34 PM

Dec 2012

The Senate likely will not be able to vote on it tonight. It is logistically impossible. He says to look for a vote around 3AM or 10AM tomorrow before it moves to the house.

Chuck Todd, very concerned the bill will not pass the House without a huge majority in the Senate.

The AFLCIO and the Heritage foundation are both against the bill. That could scare away some Dems and GOPers from voting for it. Could be a factor in the house.

aaaaaa5a

(4,667 posts)

21. From John Harwood:

Reply to aaaaaa5a (Original post)

Mon Dec 31, 2012, 10:37 PM

Dec 2012

1) Bill will pass the Senate

2) He says the bill will pass the house

3) He says its good that neither party is in love with it.

4) Dems gave in on estate tax

5) Dems gave in on length of delay of budget cuts

6) Fiscal cliff will be avoided.

7) Biden trying to sell deal to Dems

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