Pushed Over The Edge Of The Cliff

Those curious as to whether or not the GOP gained anything by submitting to the desires of Harry Reid, Nancy Pelosi and Barack Obama should simply digest the words of conservative columnists Charles Krauthammer.  “Look, there are a lot of conservatives in the Republican caucus in the House who hate the bill for good reason. This is a complete surrender on everything,” Krauthammer said to Politico. Indeed, Boehner and many Republicans completely surrendered.

Remember, the initial point of the badly labeled “fiscal cliff” situation (we went over the cliff years ago) crafted by Boehner and friends was to limit spending and initiate a new tax cut deal with new cuts to the level of government spending. We believe Obama would have been completely happy with the “cliff” and this is the direction it would have gone had Obama and Reid not been able to pass a more dangerous option. What Boehner just agreed to is, in fact, more dangerous. Here are the facts.

  1. 77% of households will see a tax increase, with the average hike for those making between $50K and $200K being $1,635. This is a result of the expiration of the payroll tax cut.
  2. The deal adds $4 TRILLION to the federal deficit over the next ten years.
  3. The deal adds an additional $330 BILLION in new government spending over the next ten years.
  4. The deal removes $650 BILLION from the private sector economy and funnels it through government to be dispersed in expanded entitlement/socialist style programs.
  5. The deal is LOADED with kickbacks, paybacks and sweetheart deals for Hollywood and various other industries favorable to the Obama regime.
  6. In total, the deal comes with $1 in spending cuts for every $41 in new spending.

How is this a good deal? And how in the world can any Republican who claims to support the idea of lower taxes and less government vote for such a disaster?

The only logical conclusion here is that Republicans who supported this tragedy were properly sent in to a fear frenzy by media and their allies in the Democrat party. They were, once again, mislead in to believing that by caving on their principles and promises, they will save their political careers in future elections. This mentality clearly took priority over doing what is right.

This bill didn’t avert any sort of fiscal cliff. This bill actually pushes us further over the edge.

Buckle up, folks. The ride is going to get bumpier. More on this tomorrow.

 

 

Author: Eric Odom

Eric Odom is a tea party activist and self-described libertarian-minded political analyst. Eric is the Managing Director of the Liberty News Network and works as political advisor for Patriot Super PAC. Follow Eric on Twitter @ericjodom & on Facebook @Eric Odom

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  • borrowing…

  • It’s funny Pelosi heralds these tax breaks as a cure for the middle class facing the fiscal cliff. This deal does nothing but push us closer… faster to the brink of financial doom.

  • Thanks for the info. It’s as bad as I thought it would be. :0/

  • the GOP has to be made up of some of the dumbest, most economically ignorant boobs to ever grace this planet. What they’ve done by signing off on this tax increase that will hit 77% of Americans is own the problems that will follow. The dimrats played them and will get a complete pass on anything that happens. Good going dumbasses.

  • Jeeze it is only goingto get worse from here just when I think I can’t take any more. Im already struggling as it is and these dingdongs are killing us even more. What do they care they have $1000 toilet seats in their mansions payed for by tax payers. It boils my blood. We need to put every bill to a vote just like electing someone. This is supposed to be a free country, not some government controlled communist country.

  • it got my euc to pay my rent.

  • Jerobins

    I can’t believe that Ryan actually voted for this? Is he now part of the GOP establishment?

  • I’m thinking everyone up is up for re-election in 2014 needs to be voted out. So much for the big stand they swore to take. They are all cut from the same dishonest cloth.

  • What a bunch of jerks we have elected. They should ALL resign and go home and get a job that they can ACTUALLY DO, cause they sure aren’t doing this one.

  • wayne peterkin

    The numbers given here assume that the economy does not slip into a second recession due to these tax increases, which hit small business owners especially hard and will cost jobs. Should the economy suffer as I expect it will, these numbers are very optimistic. The deficits could well be much higher than those shown.

  • Don S

    I just can’t believe the American people are so studpid. Can no one question Pelosi why we have to pass the bill to see what’s in it? Can nobody question our Congress? Do we continuously, through greed and averice re-elect this self-centered, elitist, royalty?

  • Time to put together our hit list, and I mean that in a political sense. Boehner, McConell, Paul Ryan,and the other 82 traitors. We can start by supporting the ouster of Boehner as Speaker of the House, and continue by voting these people out of office as fast as we can. How could 85 House Republicans make a deal with the devil? POWER, that why. Time to show that WE have the real power, we call it our VOTE. Use it, exercise it. The citizens of this country are the ones that should say what happens, and how. A government of the People, for the People, and by the People. Not the power hungry politicians. Time to act, and stop sitting on our asses. This vote is a warning, heed it.

  • We, the people got thrown under the bus!

  • I’m looking or anti-Christian videos of Nancy Pelosi. If you know of any, could you email me?

  • Are these people insane, stupid, inept or just crooks and bums? They just raised taxes by 700 billion and cut absolutely nothing but actually increased the deficit. Adding insult to injury they tacked on to this crazy bill a number of ear marks supporting more green projects and deleting the doctor fix which was used to justify a lot of Obama care.
    We no longer have a two party system but a bunch of crooks who exclude themselves from most if not all laws they pass, raise their salaries and benefits while the average citizen continues to be screwed.
    They are setting up a generational war between themselves and their children and grandchildren. When the 10, 20 and 30 year olds see their future earning being taxed up to 75% to pay for these extravagances they will strip all benefits from these greedy, immoral, lazy slugs and may even pass mandatory euthanasia laws and they will deserve it!!!

  • RIP USA! In the dark of the night the Congress passed the nail in the coffin for Capitalism in the States. The estate tax is now %40 and within a generation or two the Government will have seized all family farms and completely control another essential sector of the economy. No family will be able to pay the government without selling off most or all of what they own to satisfy the greed of these evil men. One hundred and fifty years to the day since slaves were freed and the chains are once again in place. It is a New Year and a New Age with new masters who have now proven beyond any doubt their Marxist agenda is moving forward.

  • RIP USA! In the dark of the night the Congress passed the nail in the coffin for Capitalism in the States. The estate tax is now %40 and within a generation or two the Government will have seized all family farms and completely control another essential sector of the economy. No family will be able to pay the government without selling off most or all of what they own to satisfy the greed of these evil men. One hundred and fifty years to the day since slaves were freed and the chains are once again in place. It is a New Year and a New Age with new masters who have now proven beyond any doubt their Marxist agenda is moving forward.

  • $41 in new taxes for every $1 cut…..

  • Scott Goldman

    Its time for new leadership in the house. 157, I believe, Republicans voted no but they are not in leadership positions. Can’t have legislation that caters to OBAMA, the Democrat party, and big corporations-special interests. The American citizen and small business owners just got “pitchforked”.