Tuesday, June 19, 2012

Those 'cans' that they been kickin' down the street are gonna stop rolling during this coming Lame Duck Congressional session.........

After the smoke clears on Wednesday morning, November 7th, and we know (hopefully) which party will be leading Congress and occupying the White House effective 21 January of next year.... the Lame Duck Congress and current President are facing monumental questions that MUST be settled.

But will they?? -- the Dems are holding all major bills hostage to increasing revenue - read: raising taxes. The GOP is holding all major bills hostage to cutting gob'mint spending = read: reducing size of gob'mint and reducing entitlements. Here are just a few of the major questions that CANNOT be put off:

  • Expiration of the Bush tax cuts,
  • Increasing the debt ceiling,
  • Expiration of the temporary payroll tax relief holiday,
  • Expiration of the annual "tax extenders" break,
  • Transportation and farm bill reauthorizations,
  • Medicare "Doc Fix,"
  • Fiscal 2013 appropriations bills, and
  • Sequestration.
They are all major bills for a lame duck congress to face (their own fault) but that last innocent looking little euphemism, 'sequestration' is the killer..... I don't have enough space in this little space to discuss it, Atomic Bomb though it might be... but will link you to a couple of succinct articles that may help.

Hope you take the time to check 'em out, because come November -- the Duck's is gonna be squawking big time --- and you'll be the only guys on the block who know why!

Click here for AOL Defense article on sequestration.

Click here for The Hill Blog - Perils of sequestration.

Or Google 'sequestration', of course.

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