Showing posts with label 2013. Show all posts
Showing posts with label 2013. Show all posts

Tuesday, January 22, 2013

An Unexpected Moment ~ Obama Pauses to Reflect on the Crowd


Photobucket

From Talking Points Memo
Departing the West Front of the U.S. Capitol after delivering his second inaugural address on Monday, President Obama wanted to take one last glance of the hundreds of thousands of Americans gathered to celebrate his second term. After all, it would be his last.
"I want to take a look one more time," Obama said, lingering for a few short moments to savor the view as the crowd shuffled past him. "I'll never see this again."



Visit NBCNews.com for breaking news, world news, and news about the economy

Sunday, January 20, 2013

Obama and Biden Sworn In

Photobucket

The official day for swearing in the President fell on the Sunday before the public swearing-in on Monday, so both President Obama and VP Joe Biden took their oaths more privately today as their terms came to an end. Biden was sworn in by Justice Sonia Sotomayor, the first Latina judge to do so. Obama had Chief Justice John Roberts, and unlike last time, Roberts didn't garble the Oath of Office. Justice Roberts will have to stay cool about it tomorrow, too, so "one more time."

Through the magic of video, we could still be there. Enjoy. :)





Friday, January 4, 2013

Historic 113th Congress Convenes


Photobucket

House Minority Leader Nancy Pelosi with
Democratic Women of the House

What a day of firsts for our country! And it gives everyone a feeling of optimism that this Congress might be different because it is more diverse, in spite of the obstinate Tea Partiers.

Women, Women Everywhere!



Photobucket
20 Women of the Senate

Photobucket
Senator Elizabeth Warren of Massachusetts is Sworn In

DebFisher of Nebraska
Deb Fisher ~ First Woman Senator EVER from Nebraska

Photobucket
New Hampshire's All Women Delegation

Photobucket

PacificIslanders

Photobucket

Wednesday, January 2, 2013

White House ~ 7 Things To Know about the Tax Deal

Photobucket


From the White House ~ a list of 7 important facts about the Fiscal Cliff tax deal:


Photobucket

Obama Speaks After Congress Votes on Fiscal Cliff

Photobucket

At the eleventh hour, with yet another display of "brinksmanship," and almost 24 hours after the U.S. technically went over the Fiscal Cliff which raised taxes on all Americans, the House GOP finally got themselves together, and with a special appeal to the Dems by Joe Biden, Congress passed a compromise that kept tax rates low for 98% of Americans, saved unemployment benefits, and raised taxes permanently on the top 2%.

What did Obama give away? Not much - he let them raise the "middle-class" tax cut-off to $400,000 (or #450,000 for married couples). That will limit revenue for sure, but the top 2% still have to go back to Clinton-Era tax levels of 39.6%, which the Tea Party vowed wouldn't happen. So this is a win for the President and the country, even though many purists on the Left would say "Obama Caved." I disagree - he compromised to get something done and it worked. That's the way it works, folks, whether you like it or not. Stonewalling will never get us anywhere - the Tea Party proves that!

More Glass-Half-Full or Half-Empty quotes:
Snark Amendment: Fiscal Cliff Compromise Makes Both Sides Unhappy

From Talking Points Memo
The final vote was 257-167. The bill passed thanks to an overwhelming display of Democratic support — 172 Dems voted for the bill, while only 16 opposed. By contrast, only 85 Republicans voted in support of the bill, compared to the 151 — including House Majority Leader Eric Cantor (R-VA) — who voted against.

This was not an easily foretold outcome. Though the legislation was the product of White House negotiations with the Senate’s top Republican, and though it passed the upper chamber overwhelmingly in the wee hours of New Year’s Day, House Republicans nearly submarined the bill and sent the country down an uncertain road toward economic contraction.

. . . They wanted cuts to federal spending. And, with a wink from Cantor, they were nearly prepared to sink the bill directly, or return it to the Senate amended and guarantee its demise.
In the end, a self-preservation instinct took over. Leaders suffocated the rebellion, and decided to place the bill on the floor unchanged, at the risk of alienating the majority of rank-and-file Republicans.






Complete Transcript of Obama's Comments:

THE WHITE HOUSE
Office of the Press Secretary
_________________________________________________________________

For Immediate Release January 1, 2013

STATEMENT BY THE PRESIDENT

James S. Brady Press Briefing Room

11:20 P.M. EST

THE PRESIDENT: Happy New Year, everybody.

AUDIENCE: Happy New Year, Mr. President.

THE PRESIDENT: A central promise of my campaign for President was to change the tax code that was too skewed towards the wealthy at the expense of working middle-class Americans. Tonight we've done that. Thanks to the votes of Democrats and Republicans in Congress, I will sign a law that raises taxes on the wealthiest 2 percent of Americans while preventing a middle-class tax hike that could have sent the economy back into recession and obviously had a severe impact on families all across America.

I want to thank all the leaders of the House and Senate. In particular, I want to thank the work that was done by my extraordinary Vice President Joe Biden, as well as Leader Harry Reid, Speaker Boehner, Nancy Pelosi, and Mitch McConnell. Everybody worked very hard on this and I appreciate it. And, Joe, once again, I want to thank you for your great work.

Under this law, more than 98 percent of Americans and 97 percent of small businesses will not see their income taxes go up. Millions of families will continue to receive tax credits to help raise their kids and send them to college. Companies will continue to receive tax credits for the research that they do, the investments they make, and the clean energy jobs that they create. And 2 million Americans who are out of work but out there looking, pounding the pavement every day, are going to continue to receive unemployment benefits as long as they're actively looking for a job.

But I think we all recognize this law is just one step in the broader effort to strengthen our economy and broaden opportunity for everybody. The fact is the deficit is still too high, and we're still investing too little in the things that we need for the economy to grow as fast as it should.

And that's why Speaker Boehner and I originally tried to negotiate a larger agreement that would put this country on a path to paying down its debt while also putting Americans back to work rebuilding our roads and bridges, and providing investments in areas like education and job training. Unfortunately, there just wasn't enough support or time for that kind of large agreement in a lame duck session of Congress. And that failure comes with a cost, as the messy nature of the process over the past several weeks has made business more uncertain and consumers less confident.

But we are continuing to chip away at this problem, step by step. Last year I signed into law $1.7 trillion in deficit reduction. Tonight's agreement further reduces the deficit by raising $620 billion in revenue from the wealthiest households in America. And there will be more deficit reduction as Congress decides what to do about the automatic spending cuts that we have now delayed for two months.

I want to make this point: As I've demonstrated throughout the past several weeks, I am very open to compromise. I agree with Democrats and Republicans that the aging population and the rising cost of health care makes Medicare the biggest contributor to our deficit. I believe we've got to find ways to reform that program without hurting seniors who count on it to survive. And I believe that there's further unnecessary spending in government that we can eliminate.

But we can't simply cut our way to prosperity. Cutting spending has to go hand-in-hand with further reforms to our tax code so that the wealthiest corporations and individuals can't take advantage of loopholes and deductions that aren't available to most Americans. And we can't keep cutting things like basic research and new technology and still expect to succeed in a 21st century economy. So we're going to have to continue to move forward in deficit reduction, but we have to do it in a balanced way, making sure that we are growing even as we get a handle on our spending.

Now, one last point I want to make -- while I will negotiate over many things, I will not have another debate with this Congress over whether or not they should pay the bills that they've already racked up through the laws that they passed. Let me repeat: We can't not pay bills that we've already incurred. If Congress refuses to give the United States government the ability to pay these bills on time, the consequences for the entire global economy would be catastrophic -- far worse than the impact of a fiscal cliff.

People will remember, back in 2011, the last time this course of action was threatened, our entire recovery was put at risk. Consumer confidence plunged. Business investment plunged. Growth dropped. We can't go down that path again.

And today's agreement enshrines, I think, a principle into law that will remain in place as long as I am President: The deficit needs to be reduced in a way that's balanced. Everyone pays their fair share. Everyone does their part. That's how our economy works best. That's how we grow.

The sum total of all the budget agreements we've reached so far proves that there is a path forward, that it is possible if we focus not on our politics but on what's right for the country. And the one thing that I think, hopefully, in the New Year we'll focus on is seeing if we can put a package like this together with a little bit less drama, a little less brinksmanship, not scare the heck out of folks quite as much.

We can come together as Democrats and Republicans to cut spending and raise revenue in a way that reduces our deficit, protects our middle class, provides ladders into the middle class for everybody who's willing to work hard. We can find a way to afford the investments that we need to grow and compete. We can settle this debate, or at the very least, not allow it to be so all-consuming all the time that it stops us from meeting a host of other challenges that we face -- creating jobs, boosting incomes, fixing our infrastructure, fixing our immigration system, protecting our planet from the harmful effects of climate change, boosting domestic energy production, protecting our kids from the horrors of gun violence.

It's not just possible to do these things; it's an obligation to ourselves and to future generations. And I look forward to working with every single member of Congress to meet this obligation in the New Year.

And I hope that everybody now gets at least a day off, I guess, or a few days off, so that people can refresh themselves, because we're going to have a lot of work to do in 2013.

Thanks, everybody. Happy New Year.

END 11:28 P.M. EST

Happy New Year ~ 2013!!!

Photobucket

Happy New Year to all my readers!

Thursday, December 6, 2012

New Hurricane Rules After Sandy

Photobucket

NOAA and the National Hurricane Center have been doing some soul-searching about how they handled Hurricane Sandy, the superstorm that devastated the Eastern Seabord. Now they realize it was a big mistake to change the storm's status just as it came ashore, telling local weather forecasters it was no longer a hurricane even though obviously there were hurricane force winds happening over a wide area. It's actually cringe-worthy that some guys far inland, no matter how well-meaning, thought they could just brush off a mega-storm onto local officials while trees were crashing, homes were being destroyed, electricity was failing, and the storm surge was flooding huge areas of New York and New Jersey. It really makes no sense and I'm glad they are fixing the problem.


From Accuweather: National Hurricane Center Modifies Hurricane Warning
Following the criticism of the National Hurricane Center's handling of Hurricane Sandy and the non-issuance of hurricane warnings north of North Carolina, it has been decided that the NHC will now have more flexibility in their policy regarding the issuance of advisories.

Beginning in 2013, the NHC will have the flexibility to issue multiple advisories on post-tropical cyclones for landfalling systems or close bypassers.

According to the NHC, this required a revision of the Hurricane Warning definition, which will now be as follows:

An announcement that sustained winds of 74 mph or higher are expected somewhere within the specified area in association with a tropical, sub-tropical, or post-tropical cyclone. Because hurricane preparedness activities become difficult once winds reach tropical storm force, the warning is issued 36 hours in advance of the anticipated onset of tropical-storm-force winds. The warning can remain in effect when dangerously high water or a combination of dangerously high water and waves continue, even though winds may be less than hurricane force.

"The main issue is: we want people to get ready for hurricane conditions, and that's why we are changing the definition of hurricane warning to be a little more inclusive of other things than just a hurricane," Chris Landsea, Science and Operations Officer at the National Hurricane Center, told AccuWeather.com.

Additionally, the NHC eventually plans to begin differentiating between wind hazards and storm surge hazards.

"Sandy was not ideal, and the way we handled it was not right. But we're fixing it," Landsea told AccuWeather.com.

"We realize this was not satisfactory and we want to make it better for next year."

Friday, November 30, 2012

Going Down the "Fiscal Slope" in January

Photobucket

What is the Fiscal Cliff?  Or is it more of a Gentle Slope?

Source: San Francisco Chronicle
The term refers to the tax cuts that would expire and the automatic spending cuts that would take effect if Congress fails to act by year's end.

Why the deadline? Congress created it to compel action if a so-called supercommittee failed to find common ground on deficit reduction. It failed.

Tax increases: Expiration of the Bush-era tax cuts, along with a scheduled increase in the payroll tax, would raise taxes on all Americans by several percentage points.

Spending cuts: Federal spending would be trimmed by $1.5 trillion over the next decade. The few exempted areas include Social Security, Medicaid, military pay and veterans benefits.

Unemployment: About 2 million Americans will lose jobless benefits if the extended safety net program expires on Dec. 29.

Photobucket
Source: The Economist


What has Obama offered the Republicans so far? 
He sent Tim Geitner to Capitol Hill with this plan:

From Huff Post
Geithner's offer would delay the sequester -- automatic spending cuts to the Pentagon and social programs -- for a year, and effectively eliminates the congressional requirement to lift the debt ceiling in perpetuity. The offer included an extension of unemployment insurance, the payroll tax and even money to help homeowners modify mortgages and invest in infrastructure. "I think there was a leprechaun in there somewhere, too," quipped one GOP aide.
The proposal is based on a two-step plan that would decouple the high-end tax and capital gains rates from the middle-class rates, extending only those for the middle class. It would revert estate taxes to their higher 2009 level, and raise an additional $600 billion in taxes elsewhere, according to the GOP summary. It then proposes tax reform required to raise at least as much as the tax hikes, and entitlement reform that would trim $400 billion from the programs.

Are Republicans really going to reject all offers to deal with Obama?
Will they remain loyal to the Tea Party and Grover Norquist?
Most sources behind the scenes say the smart people among them know taxes have to go up and they have to deal. Speaker Boehner seems to be holding to the Tea Party talking points, but interestingly his back-up team are getting the word out, so we can assume he is probably posturing for the camera.

Oklahoma Senator Tom Cole on NPR's All Things Considered:
SIEGEL: . . . a surprise from one of the top Republicans in the House. He broke ranks with his GOP colleagues. While they are holding out for an extension of all Bush-era tax cuts, Oklahoma Republican Tom Cole told members of the leadership team yesterday that they should hurry up and extend tax cuts for the bottom 98 percent of taxpayers.

BLOCK: As for the top 2 percent, Cole argues, Congress can worry about them later. NPR's David Welna caught up with Cole today and has this report.

DAVID WELNA, BYLINE: Oklahoma Republican Tom Cole just got re-elected to a sixth term in the House. He serves there as the GOP majority's deputy whip, and he's a close friend of Speaker John Boehner, which is why a lot of his colleagues were surprised when Politico first reported that Cole urged his colleagues in a closed-door meeting to approve an extension this year of all the expiring tax cuts except those that affect only the top 2 percent.

REPRESENTATIVE THOMAS JEFFERY COLE: We have an opportunity to make sure that the tax rates for 98 percent of the American people don't go up. I think we should do that sooner rather than later.

WELNA: That's Cole this afternoon.

COLE: I'm not trying to persuade anybody. I was asked: In my opinion, what's the best position for us to take? You know, what's in the best interest of the American people? What's in the best interest politically? I think that position that I outlined - that is, making sure that 98 percent of the American people have tax security, so to speak, and then continuing to fight on the other issues, and it doesn't mean giving in to rate increases. I don't believe in that. That's the right thing to do.

Senator John Thune (R-SD) on Fox News via ThinkProgress
MARTHA MAcCALLUM (HOST): What I’m asking you is are Republicans willing to hold the line, to say to the President, I am sorry, we will never agree to a deal that involves an increase in taxes? Are they?

THUNE: I think any deal that passes up here that raises taxes and raises taxes as I mentioned earlier on small businesses, Martha, is not going to enjoy Republican support. Now, there may be enough Republicans who would vote for something like that to pass it in the House of Representatives, they need to get to 218 votes.

MAcCALLUM: Then it would be done, right?

THUNE: We’ll see about that. We don’t know what that. We don’t know what the contours of a final deal might look at this point. Everybody right now is sort of in their corners and doing the posturing.

What happens if Congress does nothing? 
This article has a good explanation of what would probably happen:

Guardian UK
. . . all this discussion about a fiscal cliff is a bit of a misnomer – a cliff suggests a precipitous fall to a likely demise. But in reality, this cliff is more of a slope, or a slow but steady decline, down the road of fiscal austerity. Yes, tax and spending policies will shift after 1 January: taxes will go up and spending cuts mandated by law will begin to go in effect. But these are changes that will unfold over many months, and even years. Indeed, the immediate impact of the "fiscal cliff" will be relatively minor. As the Center for Budget and Policy Priorities noted recently:

"A relatively brief implementation of the tax and spending changes required by current law should cause little short-term damage to the economy as a whole."

This isn't to say that markets won't have a collective freakout or that confidence in Congress to actually do its job will decline further, but those are manageable issues, particularly because, once Washington goes over the cliff, it becomes much easier to quickly reach a deal between Republicans and Democrats.

. . . Let the tax cuts expire on 1 January, with taxes going up on every American. Then, Congress can quickly pass a massive tax cut for those making less than $250,000, retroactive to 1 January. Neither side will want to wait long and force Americans to pay higher taxes, but especially Republicans won't – as they will likely be blamed if no deal is swiftly reached. To do so would mean that all sides are politically satisfied: President Obama can say he stuck to his word about raising taxes on rich Americans, and taxes will have gone up without Republicans having to cast a vote; and both parties can reap the political benefit and claim credit for having cut taxes for the middle class.