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Savannah L

Obama and Boehner Circle Each Other on Budget Impasse - NYTimes.com - 0 views

  • The Treasury Department expects the country to hit its debt ceiling, a legal limit on the amount the government is allowed to borrow, close to the end of the year.
    • Savannah L
       
      Anyone else completely frightnened that we will reach our new debt ceiling by the end of this year? We can't keep raising it to allow for this sort of spending. 
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    I think that it is nice to see some hope towards compromise at the white house, but at the same time respect Boehner so much more for saying that he simply will not accept any tax plan that isn't balanced. We  really can't afford to be increasing our budget deficit any more. At current rates, our debt to gdp ratio will be up 40% by the end of 2016, and we cannot afford to be increasing our deficit. By 2016, the interest on our massive debt because of our skyrocketing budget deficit will have tripled. We are financially headed in a horrible direction, and I am trusting Boehner to shut down any attempts to pass more debt-skyrocketing bills. I agree with this article's position on tax cuts to the wealthy, increasing taxes will only hurt the private sector even further. Even the CBO agrees that if bush tax cuts were to expire unemployment would rise to a whopping 9%, and as such should not be allowed to expire.The private sector, not the government, creates jobs, and this article confirms to me why the government should make it easier for the private sector to create jobs by allowing the bush tax cuts to continue. 
James Foster

Boehner Tells House G.O.P. to Fall in Line - 0 views

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    This article talks about the speaker of the house, John Boehner, and his fight to get the House G.O.P to end the " nasty showdowns that marked so much of the last two years." Although there is still a large gap between the President and John Boehner, they both seem open to compromise, leading me to believe that America will be able to avoid the fiscal cliff that we are approaching and hopefully Obama's second term will get more done with the aid of John Boehner.
Abby Schantz

Obama back to work with a hope of bipartisan plans for the future - 1 views

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    I think this article sort of depresses my vision of the future. After the election I felt a serious lack of excitement and I think this article shows why. With the reelection, hearing Obama call upon a need for bipartisan work is nothing new. With the Republicans saying no raise and democrats saying raise, once again, little is going to be accomplished in moving across party lines.
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    This is one of my biggest post-election concerns. I very strongly agree with Obama's ideas, but I'm concerned that he won't be able to make a lot of progress because of Congress.
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    Yep, Sabrina I'm with you. This reminds me of the frontline film we watched that said how important it is for presidents to understand how to work "the system".
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    I completely agree with Sabrina, I mean Obama can try to create and try to pass many things that might be beneficial for America, but congress does have more power over him because congress is made up mostly of republicans. I like that Obama wants to work with both political parties, but how willing are both parties willing to work with each other?
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