I admit I am relieved to have an additional $100/mo tax burden instead of $300/mo. It would be have been extremely difficult to make the necessary cuts in our budget to accomodate $300/mo. Why, oh why won't Congress make cuts and save Americans the extra money and jobs and spare us all the rising costs of living which come from businesses passing along the higher tax rates to consumers to stay in business? What happened to government of the people, by the people, and for the people? The benefits from government are far smaller per taxpayer than they would be administered under the private sector, which operates with less bureaucratic overhead.
Paul Ryan explained his vote for the bill:
My fear is that Republicans will similarly cave to Democrats on significant spending cuts. The bill passed last night is crafted such that the two month delay in sequestration will automatically happen - if Congress does not again intervene. However, experience with this administration would suggest that Democrats will do what they can to delay what must inevitably occur if we're serious about saving the country. Obama will get what he wants by hook or by crook. The only reason he wanted this bill over the fiscal cliff (which he loved for all the tax money it would have given him) is that it delayed the spending, meaning that continued delays could happen inevitably if he got his way!“We’ll never get our debt under control unless we tackle its main drivers: too little economic growth and too much spending. Without presidential leadership, it will be difficult to forge bipartisan solutions to our debt and economic challenges.“Today, I joined my colleagues in the House to protect as many Americans as possible from a tax increase. We also provided certainty by making the lower tax rates permanent. The House has already passed legislation to prevent tax increases for every American family, and it is unfortunate that President Obama insisted on taking more from hardworking taxpayers. Despite my concerns with other provisions in the bill, I commend my colleagues for limiting the damage as much as possible.“The American people chose divided government. As elected officials, we have a duty to apply our principles to the realities of governing. And we must exercise prudence. We must weigh the benefits and the costs of action—and of inaction. In H.R. 8, there are clearly provisions that I oppose. But the question remains: Will the American people be better off if this law passes relative to the alternative? In the final analysis, the answer is undoubtedly yes. I came to Congress to make tough decisions—not to run away from them.“Now, we must return our attention to the real problem: out-of-control spending. Washington’s reckless spending drives the debt. And this debt is hurting the economy today. Unless we get at the heart of the problem, Americans will face a debt crisis—one that will threaten our most vulnerable in particular. It is our responsibility to prevent such a crisis.”
The Republicans have two things going for them. First, this time, the spending can happen by default separately from any increase in taxes negotiated by Democrats. Second, the debt ceiling debate looms again. We face certain downgrades if we raise the debt ceiling without cutting spending. That doesn't mean that Obama won't try to increase taxes again as part of that debate. He will. He wants Americans to pay for his reckless increases in spending rather than to cut anything. Irresponsibility and arrogance to the max!
I just hope that the Republicans will realize the position of strength that they have and use it to their advantage and to the advantage of our country and countrymen. For we cannot spend more and more without paying for it eventually, Democrats. And taxes surely slow the economy and increase unemployment: it's already happening now. You can't tax your way out of this mess. There's not even enough money in America taxing at 100% to pay for the total deficit. We must cut. And we must cut now.
To win, Republicans need to stop cowering to the liberal news media. They're never going to be covered accurately. Get over it, GOP! Use it to your advantage, as Andrew Breitbart did!