Republicans must stop putting tax increases on the fiscal cliff negotiating table and start demanding that Democrats put forth serious proposals to reduce spending.
Sentiment: NEGATIVE
The 'fiscal cliff' is a ruse, an invention by the right and the rich, to try and keep their huge tax breaks.
Now, 'the fiscal cliff' is a name that the media came up with, but some of us have been saying for years, 'You have got to stop the out of control federal spending, or you will end up at this point.' We're there.
It is foolish for Republicans to continue opening the door to job-killing tax hikes while Democrats refuse to explain how they propose to reform mandatory spending - mostly entitlements - that makes up almost two-thirds of the federal budget.
Even people on the liberal side are starting to worry about going off a fiscal cliff.
And so we go over the cliff fiscally, and our Republican friends try to pin the blame on discretionary domestic spending, including spending for security. We pass budget resolutions that fall far short.
Sadly, the President's budget proposal for the upcoming year once again puts cutting taxes for the wealthiest Americans over addressing our country's severe fiscal problems.
Unfortunately the Republican tax cut will deny important revenues to many states facing their own deficits. This will create greater pressure for higher state and local taxes.
My point is cutting spending shouldn't be reliant on the debt limit though. It's something we have to do. The good news for America is, leaders in both parties, the president, believe that we have to have significant deficit reduction. So the intent is there. And I think what America is going to demand is that our leaders come together.
You have to separate what needs to be done to avoid the fiscal cliff and what needs to be done longer range. It's a mistake to essentially collapse those two - they're not the same. I don't think you can achieve everything at once.
At the same time, Republicans are pushing a $70 billion tax package that will overwhelmingly benefit the most wealthy Americans and actually increases the deficit by $16 billion.
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