Liberal Democrat

Liberal Democrat
Liberal Democracy

Sunday, December 23, 2012

The Hill: Economy: Vicki Needham: Failure of Speaker Boehner’s Plan B May Help Unemployment Benefits Extension

Failure of Boehner’s 'Plan B' may help unemployment benefits extension - The Hill's On The Money

What House Republicans will hopefully learn from this, is that they are going to need to get Democratic votes. Even in the House to avoid the fiscal cliff, because whatever deal that may emerge will be unpopular in both parties. Progressives will say that it cuts too much social spending and not enough in defense and so called fiscal Conservatives. Will say it raises too much revenue if any and that there should've been more spending cuts in social programs. Which means House Republicans,  Senate Democrats and the President are going to have to give some things up. And maybe they'll even get things in return, Democrats get another extension of Unemployment Insurance. But that its paid for and Republicans get a tax cut thats paid for that encourages business's to invest in America or something.