A great deal of confusion continued to invade the Super Committee, as the deadline of Nov. 23rd. 2011 drew near, and still, there was no deal in sight to avert the "across the board 'trigger' cuts" measure in the law that brought it into being, with respect to reducing the national deficit by $1.2 trillion dollars.
The members would have thrown up their hands in the air in desperation; wanting the floor to open and swallow the whole committee, for the exasperation it felt all around.
On the Republican side, it was raising taxes that was objectionable. It was tantamount to deserting their core values and convictions; in that, the idea of tax revenues should not even be entertained to fulfill part of the deficit reduction.
“Republicans should not raise taxes — it’s counter to our core principles, bad for the economy and politically short-sighted.”, according to Rep. Patrick McHenry (R-NC). (Politico, 11/16/11).
They (Republicans) were even "proposing to permanently extend the Bush-era tax cut..." or tax breaks, which way one might want to call the tax relief for the rich, instituted during the Bush administration.
Democrats detested it as free lunch for the elite few, and it cost them the 2010 mid-term elections, when President Barack Obama gave in and extended the tax breaks for the rich. Though, they would expire at the end of this year; they have been repugnant to Democratic liberals.
The Democrats were prepared to see some reductions in the health programs, namely, Medicare and Medicaid, of $275 billion dollars; and they also were far open to reductions in government spending, such as $240 billion in cuts that would affect the federal workforce. Those were very good concessions.
Yet, the stalemate between the two sides dominated the proceedings of the committee now, more than ever, as the Republicans, particularly, would not yield, with respect to tax revenues being raised.
The few days that were left for the committee to reach its goal were smothered in rejections and counter rejections, leaving every suggestion to mere semantics.
Given that members of the committee would allow the wind a chance to filter through their minds with some new ideas, which was doubtful as matters stood at present, there was no "give and take" on either side.
The nation was literally caught in the throes of die-hard politicians, and the grips of "a do nothing Congress," as the present session of the United States Congress has come to be known.
In other words, instead of innovative thoughts to be piquing their minds in the interest of the people that sent them to Congress, members of both parties have become acclimatized with the slow economy and high unemployment situation that the country was in. They would be damned, if they broke away from party ideology and served the needs of the people.
However, when the chips were down, real political power remained in their (people's) hands, and they would use that potential to oust all those members of Congress, who resisted the compromises that were required to get America out of its fiscal pain.
They refused to see the light at the end of the tunnel; that disagreements would not work to solve the nation's financial problems, and that the peoples needs were paramount.
Wednesday, November 16, 2011
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