Congress Sticks It to Us Again: More Taxes, Government, Debt

By:  Chip Wood
01/07/2013
       
Congress Sticks It to Us Again: More Taxes, Government, Debt

On New Year's Eve, weren’t you inspired to see how our elected representatives worked late into the nigh to keep this country from plunging over the fiscal cliff? And what a great deal they got for us! Taxes are guaranteed to go up for the vast majority of Americans. Spending cuts will be postponed. Government is going to get bigger. So will the deficit.

On New Year's Eve, weren’t you inspired to see how our elected representatives worked late into the nigh to keep this country from plunging over the fiscal cliff? And what a great deal they got for us! Taxes are guaranteed to go up for the vast majority of Americans. Spending cuts will be postponed. Government is going to get bigger. So will the deficit.

Barack Obama can gloat that he forced Republicans to accept higher taxes. In fact, an anonymous “official close to the talks” told FOX News’ Ed Henry that getting the GOP to break their tax pledge is “one of the most consequential policy achievements of the last couple of decades.”

My, doesn’t that make you feel better?

Conservatives in the House made a last-ditch effort to include some mandatory spending cuts in the legislation. But that effort failed when Democratic leaders in the Senate said they would refuse to consider any changes in the legislation they had approved the night before. When the final tally was taken, the measure passed the House 257-167, with about a third of the Republicans voting in favor of it.

The margin of approval was even bigger in the Senate, where it passed by a vote of 89-8. Among the tiny minority that voted nay were such Tea Party favorites as Marco Rubio (R-Fla.), Rand Paul (R-Ky.) and Mike Lee (R-Utah).

And even though everyone is sick of all the politicking and posturing, we’re going to go through all of it again over the next couple of months. That’s when we run smack into the debt ceiling, have to deal with mandatory budget cuts, and are supposed to come up with some sort of budget for the next fiscal year.

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Chip Wood (photo)

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