Not Logged In Log In   Sign Up   Points Leaders
Follow Us    9:44 AM

Message Forum - Read Message

Category: US politics > Topics Add to favorite topics   Post new topicPost New Topic
Author Topic: 3 more fiscal cliffs loom Back to Topics
101Speedster

Champion Author
Ventura

Posts:31,592
Points:2,844,505
Joined:May 2005
Message Posted: Jan 2, 2013 12:57:22 AM

3 more fiscal cliffs loom

>>NEW YORK (CNNMoney)

Think the fiscal cliff caused an awful lot of uncertainty and held back the economy? How about three more cliff-like deadlines over the next three months?

That's what's in store. The bill approved by the House late Tuesday doesn't address the debt ceiling and temporarily puts off most of the automatic spending cuts otherwise scheduled to take effect Wednesday.

Here is what's still ahead:

1. Debt Ceiling . . .

2. Sequester . . .

3. Continuing Budget Resolution . . .<<
REPLIES (newest first) Post a Reply
Profile Pic
TuNnL
Champion Author Honolulu

Posts:1,889
Points:411,400
Joined:Apr 2005
Message Posted: Jun 3, 2013 6:53:09 AM

Extraordinary measures become standard as US hits debt limit again

By Peter Schroeder

“The latest numbers from the Treasury Department indicate that the overall debt of the United States swelled by about $300 billion during the period of the suspension, and now totals roughly $16.7 trillion.”



[Edited by: TuNnL at 6/3/2013 6:57:03 AM EST]
Profile Pic
kiatoindos
Champion Author Chicago

Posts:2,232
Points:424,690
Joined:Dec 2012
Message Posted: Jun 3, 2013 6:43:47 AM

Just give the libs their way who the heck cares about debt we'll be dead anyway let the kids deal with it!
Profile Pic
101Speedster
Champion Author Ventura

Posts:31,592
Points:2,844,505
Joined:May 2005
Message Posted: Jun 2, 2013 11:29:38 PM

Does anyone remember these fiscal cliffs?
Profile Pic
Cliffisher
Champion Author Wisconsin

Posts:29,738
Points:3,612,225
Joined:Sep 2003
Message Posted: May 3, 2013 11:21:49 AM

Will that slow down the increase in Obama's spending of our tax dollars?

In case you may have missed it but the Congress raises the cash and spends the cash.

The president can only agree to or veto spending bills.

At least that was the way it worked as of yesterday.
Profile Pic
101Speedster
Champion Author Ventura

Posts:31,592
Points:2,844,505
Joined:May 2005
Message Posted: May 3, 2013 10:51:00 AM

We appear to have crashed through the debt ceiling. Will that slow down the increase in Obama's spending of our tax dollars?

Have you heard anything about us crashing through the debt ceiling today in the media?
Profile Pic
101Speedster
Champion Author Ventura

Posts:31,592
Points:2,844,505
Joined:May 2005
Message Posted: Apr 29, 2013 11:50:52 AM

Less than $8 billion until we hit the debt ceiling AGAIN!

That's about 4 more days.
Profile Pic
101Speedster
Champion Author Ventura

Posts:31,592
Points:2,844,505
Joined:May 2005
Message Posted: Apr 27, 2013 11:35:31 AM

Less than $12 billion until we hit the debt ceiling AGAIN!

That's about six more days.
Profile Pic
101Speedster
Champion Author Ventura

Posts:31,592
Points:2,844,505
Joined:May 2005
Message Posted: Apr 22, 2013 11:41:53 AM

Less than $25 billion until we hit the debt ceiling AGAIN!
Profile Pic
101Speedster
Champion Author Ventura

Posts:31,592
Points:2,844,505
Joined:May 2005
Message Posted: Apr 15, 2013 10:16:11 AM

Sequester cuts: $24.6 billion

2013 tax increases: $63.7 billion

Is that what Obama calls a level playing field?
Profile Pic
101Speedster
Champion Author Ventura

Posts:31,592
Points:2,844,505
Joined:May 2005
Message Posted: Apr 14, 2013 7:47:29 PM

Less than $43 billion until we hit the debt ceiling AGAIN!
Profile Pic
therder
Champion Author Lexington

Posts:3,131
Points:2,082,895
Joined:Feb 2007
Message Posted: Apr 10, 2013 2:38:21 PM

Budgets obviously mean nothing in Washington D.C.
Profile Pic
101Speedster
Champion Author Ventura

Posts:31,592
Points:2,844,505
Joined:May 2005
Message Posted: Apr 10, 2013 12:59:42 PM

Less than $53 billion until we hit the debt ceiling AGAIN!
Profile Pic
101Speedster
Champion Author Ventura

Posts:31,592
Points:2,844,505
Joined:May 2005
Message Posted: Apr 9, 2013 12:04:57 PM

Less than $56 billion until we hit the debt ceiling AGAIN!
Profile Pic
101Speedster
Champion Author Ventura

Posts:31,592
Points:2,844,505
Joined:May 2005
Message Posted: Apr 8, 2013 10:33:59 AM

Less than $58 billion until we hit the debt ceiling AGAIN!
Profile Pic
101Speedster
Champion Author Ventura

Posts:31,592
Points:2,844,505
Joined:May 2005
Message Posted: Apr 4, 2013 12:07:49 AM

Less than $69 billion until we hit the debt ceiling AGAIN!
Profile Pic
101Speedster
Champion Author Ventura

Posts:31,592
Points:2,844,505
Joined:May 2005
Message Posted: Apr 1, 2013 5:22:27 PM

Approximate number of days until we hit the debt ceiling AGAIN: 40 days.
Profile Pic
101Speedster
Champion Author Ventura

Posts:31,592
Points:2,844,505
Joined:May 2005
Message Posted: Mar 28, 2013 12:55:27 PM

Number of years without a budget: 4.
Profile Pic
101Speedster
Champion Author Ventura

Posts:31,592
Points:2,844,505
Joined:May 2005
Message Posted: Mar 27, 2013 10:43:31 AM

Number of days until the United States Federal Government begins to shut down: 0 days.
Profile Pic
101Speedster
Champion Author Ventura

Posts:31,592
Points:2,844,505
Joined:May 2005
Message Posted: Mar 27, 2013 12:40:23 AM

Number of days until the United States Federal Government begins to shut down: 1 day.
Profile Pic
101Speedster
Champion Author Ventura

Posts:31,592
Points:2,844,505
Joined:May 2005
Message Posted: Mar 25, 2013 7:17:36 AM

Number of days until the United States Federal Government begins to shut down: 2 days.
Profile Pic
101Speedster
Champion Author Ventura

Posts:31,592
Points:2,844,505
Joined:May 2005
Message Posted: Mar 25, 2013 1:15:19 AM

Number of days until the United States Federal Government shuts down: 3 days.
Profile Pic
owt
Champion Author Tennessee

Posts:10,323
Points:1,592,010
Joined:Aug 2005
Message Posted: Mar 23, 2013 3:35:16 PM

...all three will be considered "THE SKY IS FALLING", and the message will be that we have to do something now.....THE SKY IS FALLING.....how many blind sheeple will fall for it again and again?
Profile Pic
101Speedster
Champion Author Ventura

Posts:31,592
Points:2,844,505
Joined:May 2005
Message Posted: Mar 22, 2013 12:14:57 PM

Number of days until the United States Federal Government shuts down: 5 days.
Profile Pic
101Speedster
Champion Author Ventura

Posts:31,592
Points:2,844,505
Joined:May 2005
Message Posted: Mar 21, 2013 4:46:37 PM

Number of days until the United States Federal Government shuts down: 6 days.
Profile Pic
101Speedster
Champion Author Ventura

Posts:31,592
Points:2,844,505
Joined:May 2005
Message Posted: Mar 20, 2013 10:58:37 AM

Number of days until the United States Federal Government shuts down: 7 days.
Profile Pic
101Speedster
Champion Author Ventura

Posts:31,592
Points:2,844,505
Joined:May 2005
Message Posted: Mar 19, 2013 2:20:29 PM

Number of days until the United States Federal Government shuts down: 8 days.
Profile Pic
johnnyg1200
Champion Author St. Louis

Posts:7,846
Points:1,124,270
Joined:May 2011
Message Posted: Mar 18, 2013 11:05:35 PM

But with respect to future debt; would it not be wise and just for that nation to declare in the constitution they are forming that neither the legislature, nor the nation itself can validly contract more debt, than they may pay within their own age, or within the term of 19 years.

Thomas Jefferson
Profile Pic
101Speedster
Champion Author Ventura

Posts:31,592
Points:2,844,505
Joined:May 2005
Message Posted: Mar 18, 2013 10:00:18 AM

Number of days until the United States Federal Government shuts down: 9 days.
Profile Pic
101Speedster
Champion Author Ventura

Posts:31,592
Points:2,844,505
Joined:May 2005
Message Posted: Mar 17, 2013 2:10:54 PM

Number of days until the United States Federal Government shuts down: 10 days.
Profile Pic
101Speedster
Champion Author Ventura

Posts:31,592
Points:2,844,505
Joined:May 2005
Message Posted: Mar 17, 2013 1:26:27 AM

Number of days until the United States Federal Government shuts down: 11 days.
Profile Pic
101Speedster
Champion Author Ventura

Posts:31,592
Points:2,844,505
Joined:May 2005
Message Posted: Mar 14, 2013 3:06:36 PM

Number of days until the United States Federal Government shuts down: 13 days.
Profile Pic
101Speedster
Champion Author Ventura

Posts:31,592
Points:2,844,505
Joined:May 2005
Message Posted: Mar 13, 2013 11:12:43 AM

Number of days until the United States Federal Government shuts down: 14 days.
Profile Pic
101Speedster
Champion Author Ventura

Posts:31,592
Points:2,844,505
Joined:May 2005
Message Posted: Mar 12, 2013 4:51:20 PM

Last time our country had an approved budget?

April of 2009.

What has prevented our country from having a budget since 2009?

Profile Pic
101Speedster
Champion Author Ventura

Posts:31,592
Points:2,844,505
Joined:May 2005
Message Posted: Mar 12, 2013 10:07:23 AM

Number of days until the United States Federal Government shuts down: 15 days.
Profile Pic
101Speedster
Champion Author Ventura

Posts:31,592
Points:2,844,505
Joined:May 2005
Message Posted: Mar 11, 2013 12:33:23 AM

From this website's home page:

Topic: Email tells feds to make sequester as painful as promised

>>The White House announced Tuesday that it is canceling tours of the president’s home for the foreseeable future as the sequester spending cuts begin to bite and the administration makes good on its warnings of painful decisions.

Announcement of the decision — made in an email from the White House Visitors Office — came hours after The Washington Times reported on another administration email that seemed to show at least one agency has been instructed to make sure the cuts are as painful as President Obama promised they would be . . .<<
Profile Pic
101Speedster
Champion Author Ventura

Posts:31,592
Points:2,844,505
Joined:May 2005
Message Posted: Mar 10, 2013 11:59:55 AM

Number of days until the United States Federal Government shuts down: 17 days.
Profile Pic
101Speedster
Champion Author Ventura

Posts:31,592
Points:2,844,505
Joined:May 2005
Message Posted: Mar 7, 2013 10:17:30 AM

Number of days until the United States Federal Government shuts down: 20 days.
Profile Pic
101Speedster
Champion Author Ventura

Posts:31,592
Points:2,844,505
Joined:May 2005
Message Posted: Mar 6, 2013 1:28:00 PM

What happens if the federal government shuts down on March 27?

Number of days until the United States Federal Government shuts down: 21 days.
Profile Pic
jdhelm
Champion Author Iowa

Posts:15,530
Points:1,679,340
Joined:Dec 2009
Message Posted: Mar 1, 2013 11:00:26 AM

Army Chief of Staff Gen. Ray Odierno says he hasn't had a budget ever
Profile Pic
101Speedster
Champion Author Ventura

Posts:31,592
Points:2,844,505
Joined:May 2005
Message Posted: Mar 1, 2013 12:13:01 AM

Countdown until sequester: it's started.

Profile Pic
101Speedster
Champion Author Ventura

Posts:31,592
Points:2,844,505
Joined:May 2005
Message Posted: Feb 28, 2013 10:14:50 AM

Countdown until sequester: 13 hours.

52% of Americans want the sequester to happen.

[Edited by: 101Speedster at 2/28/2013 10:15:39 AM EST]
Profile Pic
101Speedster
Champion Author Ventura

Posts:31,592
Points:2,844,505
Joined:May 2005
Message Posted: Feb 28, 2013 9:48:16 AM

Obama to Republicans: "This sequester is going to be terrible. Let's do lunch sometime and discuss it after the sequester starts."

Obama to media: "The sequester will not be that bad."
Profile Pic
101Speedster
Champion Author Ventura

Posts:31,592
Points:2,844,505
Joined:May 2005
Message Posted: Feb 28, 2013 12:25:41 AM

Countdown until sequester: 23 hours.
Profile Pic
101Speedster
Champion Author Ventura

Posts:31,592
Points:2,844,505
Joined:May 2005
Message Posted: Feb 27, 2013 1:11:57 PM

Obama to Republicans: "This sequester is going to be terrible. Let's do lunch sometime and discuss it after the sequester starts."

[Edited by: 101Speedster at 2/27/2013 1:12:26 PM EST]
Profile Pic
101Speedster
Champion Author Ventura

Posts:31,592
Points:2,844,505
Joined:May 2005
Message Posted: Feb 27, 2013 10:23:07 AM

Will the sequester force Obama to cut down on the number of rounds of golf that he plays or the number of yearly Hawaiian vacations?
Profile Pic
101Speedster
Champion Author Ventura

Posts:31,592
Points:2,844,505
Joined:May 2005
Message Posted: Feb 26, 2013 12:19:32 PM

Countdown until sequester: 2 days.
Profile Pic
101Speedster
Champion Author Ventura

Posts:31,592
Points:2,844,505
Joined:May 2005
Message Posted: Feb 26, 2013 11:07:04 AM

Bernanke: "Wouldn't expect to see immediate impact from sequester. Sequester impact will build over time."

[Edited by: 101Speedster at 2/26/2013 11:08:09 AM EST]
Profile Pic
101Speedster
Champion Author Ventura

Posts:31,592
Points:2,844,505
Joined:May 2005
Message Posted: Feb 26, 2013 10:41:41 AM

Bernanke: "Sequestration could create significant headwind for economic recovery."
Profile Pic
teacher_tim
Champion Author Maryland

Posts:18,678
Points:813,480
Joined:May 2004
Message Posted: Feb 25, 2013 10:13:21 AM

Yes, the continuing resolution will be the "biggie". The sequester is a reduction in the INCREASE on spending for next fiscal year. It won't make that much difference until September. Anyone who is crying "Wolf!" is assuming that there are not ample department funds to shuffle to cover expenses. There are.
Profile Pic
101Speedster
Champion Author Ventura

Posts:31,592
Points:2,844,505
Joined:May 2005
Message Posted: Feb 25, 2013 10:05:02 AM

Countdown until sequester: 3 days.
Post a reply Back to Topics