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View Diary: Biden gives Republicans one last chance to avoid 'fiscal cliff' (330 comments)

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  •  new Manchin Senate proposal (2+ / 0-)
    Recommended by:
    BennyToothpick, KingTag

    I actually like this:

    Manchin said his bill, the Cliff Alleviation at the Last Minute Act, — the CALM Act — would slowly phase in the tax rate increases and allow the Office of Management and Budget (OMB) to propose substitute cuts to replace sequestration.
    From The Hill: Manchin Introduces Bill to Soften the Fiscal Cliff.

    This is a far more progressive proposal than anything Obama has proposed. (Assuming all tax rates go to Clinton rates in the proposal.)

    •  Nope (2+ / 0-)
      Recommended by:
      JackND, emal

      That's just kicking the can further down the road and allowing for more GOP hostage taking in the future.

      I really want this shit resolved once and for all. No more half assed interim or phased in deals. Get it done once and for all, and take whatever time is necessary to get it as right as possible.

      "Mitt who? That's an odd name. Like an oven mitt, you mean? Oh, yeah, I've got one of those. Used it at the Atlas Society BBQ last summer when I was flipping ribs."

      by Richard Cranium on Mon Dec 31, 2012 at 08:28:25 AM PST

      [ Parent ]

    •  I like it too... (2+ / 0-)
      Recommended by:
      KingTag, ferg

      Really, I would actually prefer ALL the Bush tax cuts to expire, but it would be too much for the middle class now with the payroll also expiring. This would allow for a phase in and much more deficit reduction in the long run.

      Manchin also opposed the payroll tax cut from the left last year along with Sanders and Harkin. He's surprisingly good on some of these tax issues.

      22/Male/ D/Native of OH-16, Attending Graduate School in NC-04. Hoping for Richard Cordray or Ted Strickland for OH-Gov 2014.

      by liberal intellectual on Mon Dec 31, 2012 at 08:31:07 AM PST

      [ Parent ]

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