Welcome to DU! The truly grassroots left-of-center political community where regular people, not algorithms, drive the discussions and set the standards. Join the community: Create a free account Support DU (and get rid of ads!): Become a Star Member Latest Breaking News General Discussion The DU Lounge All Forums Issue Forums Culture Forums Alliance Forums Region Forums Support Forums Help & Search

spanone

(135,843 posts)
Sun Dec 30, 2012, 04:37 PM Dec 2012

Fiscal talks hit major setback as GOP appeals to Biden

Updated 3:10 p.m. — Senate Democrats said talks toward resolving the so-called fiscal cliff before the end-of-year deadline had hit a "major setback" on Sunday afternoon due to a standoff over proposed changes to Social Security.

Democrats said that Republicans, led by Minority Leader Mitch McConnell, Ky., are insisting that a deal to resolve the fiscal cliff include what is known as "chained CPI" -- a change in how Social Security benefits are calculated to increase over time.

Just before a self-imposed deadline at which Senate leaders were set to brief their respective caucuses about a prospective deal, negotiations toward a scaled-back agreement to avoid the onset of automatic tax hikes and spending cuts on Jan. 1 appeared on the verge of breakdown.

McConnell said that he had even reached out to Vice President Joe Biden, a former senator who's helped hammer out previous deals, in hopes of jump-starting the talks.

http://firstread.nbcnews.com/_news/2012/12/30/16252559-fiscal-talks-hit-major-setback-as-gop-appeals-to-biden?lite

3 replies = new reply since forum marked as read
Highlight: NoneDon't highlight anything 5 newestHighlight 5 most recent replies
Fiscal talks hit major setback as GOP appeals to Biden (Original Post) spanone Dec 2012 OP
Chained CPI would be the major set back. Cobalt Violet Dec 2012 #1
Go ahead and lick the third rail you morans Fumesucker Dec 2012 #2
I have come to the conclusion we are screwed either way. No matter how we vote they southernyankeebelle Dec 2012 #3

Fumesucker

(45,851 posts)
2. Go ahead and lick the third rail you morans
Sun Dec 30, 2012, 04:49 PM
Dec 2012

Embrace that fucker and give it deep tongue.

They'll have to get a vacuum to suck what's left of your party out of the rug and the place will reek of scorched hubris for a long time.



 

southernyankeebelle

(11,304 posts)
3. I have come to the conclusion we are screwed either way. No matter how we vote they
Sun Dec 30, 2012, 04:51 PM
Dec 2012

are not looking out for our interest. I hate both sides. Neither are honest brokers for us. People in the lower pay scales will end up paying higher taxes. That isn't fair. If they touch medicare and social security I don't think I can bring myself to ever vote again. It won't matter because they don't listen to us. I'm so disappointed in our government and the president if he sells the citizens out.

Latest Discussions»General Discussion»Fiscal talks hit major se...