After much bluster and drama, the Republican divas in the House of Representatives caved, and gave President Obama almost everything that he wanted on the fiscal cliff.
Senate Democrats are done playing Republican House games. They won’t be making changes to the agreement. ‘We’re done,’ an aide said.
House Republicans demanded that Obama and the Senate lead on the fiscal cliff, but are now objecting to passing the agreement that came out of their leadership.
In spite of the Republican love for bumper sticker slogans, a spending agreement was in the debt ceiling deal. It is called the Budget Control Act.
‘This agreement will also grow the economy and shrink our deficits in a balanced way – by investing in our middle class, and by asking the wealthy to pay a little more.’
Blackwell agreed to be Detroit’s Emergency Financial manager for $1.00/year. Subsequently, he decided to pay himself a total of $246,000 retroactively.
Republicans have quit on America. They’re putting forth no effort, and most importantly at all, they haven’t even bothered to show up for the past two years.
The Senate officially passed the fiscal cliff deal 89-8, which means that President Obama rang in the New Year by taking another step towards cleaning the GOP’s clock on the fiscal cliff.