Friday, July 25, 2014
YOLO COUNTY NEWS
99 CENTS

Missing from the election: the ‘fiscal cliff’

By
From page A4 | October 30, 2012 |

The issue: Lame-duck congressional session is unlikely to tackle the problem

A pressing question that the voters need — indeed, deserve — answered is how both parties will deal with the “fiscal cliff.” Frankly, the range of answers is so unpleasant that President Barack Obama and GOP challenger Mitt Romney would be foolish to answer before the election.

THE ELECTION ADS are full of earnest voters saying they want straight talk and straight answers. They really don’t. The politicians talk about “hard choices.” They are hard and the politicians really don’t want to make them.

Much depends on the outcome of the election. It’s possible that during the post-election legislative session, many of these problems will be solved. But unless the lame-duck session is magically transformed into a Golden Age of Athenian democracy, they probably won’t be.

On midnight, Dec. 31 the Bush era tax cuts expire in their entirety, greatly helping the deficit but at a cost of billions to the taxpayers and raising the prospect of a renewed recession. The Republicans want them extended for everybody, including millionaires. If Obama is defeated, he just might balk and let the whole package expire, even vetoing it if Congress decides otherwise.

Assuming the Republicans start the new year with a majority in both houses, the Democrats might adopt the GOP’s tactics of the last four years and devote themselves to thwarting or derailing each of Romney’s legislative initiatives.

Then 12 days after Congress returns after the start of the year — and Obama is still president until Jan. 20 — billions are to be slashed automatically across-the-board in the federal budget, including what the Pentagon says will be ruinous cuts in defense spending.

BARRING AN agreement, these cuts are to go on for another nine years, solving the deficit crisis but wrecking the economy in the process. President Romney and the Republicans will be left to sift through the wreckage they’ve created while explaining to the public that they can’t make good on any of their economic promises. The arithmetic just doesn’t add up.

Another alternative is that the voters will return a president newly ready to get his hands dirty in the messy business of legislation.

LEAVE A COMMENT

Discussion | No comments

The Davis Enterprise does not necessarily condone the comments here, nor does it review every post. Read our full policy

.

News

Tech Trekkers boldly go into STEM fields

By Amy Jiang | From Page: A1 | Gallery

 
Decoding breast milk secrets reveals clues to lasting health

By Pat Bailey | From Page: A1 | Gallery

California climate change policies to hit our pocketbooks

By San Francisco Chronicle | From Page: A1

 
Davis braces for six days of scorching heat

By Enterprise staff | From Page: A1 | Gallery

Appeals court upholds high-speed rail route

By The Associated Press | From Page: A2, 1 Comment

 
Carwash raises funds for funeral expenses

By Enterprise staff | From Page: A2

 
Unitarians will host summer camp

By Enterprise staff | From Page: A3

Artists, photographers invited to support Yolo Basin Foundation

By Special to The Enterprise | From Page: A3 | Gallery

 
Sudwerk’s sales grow, floating on a sea of dry hop lager

By Elizabeth Case | From Page: A4 | Gallery

 
Wetlands visitors will see migrating shorebirds

By Special to The Enterprise | From Page: A6 | Gallery

‘Bak2Sac’ free train ride program launched

By Enterprise staff | From Page: A7

 
Recycle old paint cans for free

By Enterprise staff | From Page: A8

Explorit: Wonderful wetlands right at home

By Lisa Justice | From Page: A8 | Gallery

 
Where your gas money goes

By San Francisco Chronicle | From Page: A12

Americans, internationals make connections

By Enterprise staff | From Page: A16

 
Can you give them a home?

By Enterprise staff | From Page: A16 | Gallery

STEAC needs donations of personal care items

By Enterprise staff | From Page: A16, 1 Comment

 
.

Forum

Trio disagrees on best option

By Creators Syndicate | From Page: B5

 
Support these local restaurants

By Letters to the Editor | From Page: A10

Let’s get the bench repaired

By Letters to the Editor | From Page: A10

 
Tom Meyer cartoon

By Debbie Davis | From Page: A10

Predicting climate changes

By Letters to the Editor | From Page: A10, 1 Comment

 
Clinton’s book is worth a read

By Letters to the Editor | From Page: A10, 3 Comments

Thanks for emergency help

By Letters to the Editor | From Page: A10

 
Commenting system to change

By Debbie Davis | From Page: A10, 29 Comments

 
.

Sports

Hudson solid, Hamels better in Giants’ loss

By The Associated Press | From Page: B1 | Gallery

 
Petrovic, Putnam share Canadian Open lead

By The Associated Press | From Page: B1 | Gallery

Moss powers A’s past Astros

By The Associated Press | From Page: B1 | Gallery

 
Enriquez brilliant, but Post 77 season ends with Area 1 loss

By Bruce Gallaudet | From Page: B1 | Gallery

 
The un-Armstrong? Tour ‘boss’ Nibali wins Stage 18

By The Associated Press | From Page: B8 | Gallery

.

Features

.

Arts

‘A Most Wanted Man’: Superb espionage drama

By Derrick Bang | From Page: A9 | Gallery

 
Clyde Elmore: Art in the Wild

By Evan Arnold-Gordon | From Page: A9 | Gallery

Musicians perform at Sunday service

By Enterprise staff | From Page: A17 | Gallery

 
.

Business

Accord’s latest model is most fuel efficient

By Ann M. Job | From Page: B3 | Gallery

 
 
.

Obituaries

Mary Lita Bowen

By Special to The Enterprise | From Page: A4

 
James Thomas Feather

By Special to The Enterprise | From Page: A4

Richard ‘Dick’ Robenalt

By Special to The Enterprise | From Page: A7

 
.

Comics

Comics: Friday, July 25, 2014

By Creator | From Page: A13

 
.

Real Estate Review

Featured Listing

By Zack Snow | From Page: RER1

Professional Services Directory

By Zack Snow | From Page: RER2

Remax

By Zack Snow | From Page: RER3

Tracy Harris

By Zack Snow | From Page: RER4

Sherman Home

By Zack Snow | From Page: RER4

Vaughan Brookshaw

By Zack Snow | From Page: RER4

Julie Leonard

By Zack Snow | From Page: RER5

Ciana Wallace

By Zack Snow | From Page: RER6

Melrina A Maggiora

By Zack Snow | From Page: RER7

Joe Kaplan

By Zack Snow | From Page: RER7

Jo Vallejo

By Zack Snow | From Page: RER8

Jamie Madison

By Zack Snow | From Page: RER9

Karen Waggoner

By Zack Snow | From Page: RER9

Malek Baroody

By Zack Snow | From Page: RER10

Diane Lardelli

By Zack Snow | From Page: RER11

Carol Coder

By Zack Snow | From Page: RER11

Jason Sull

By Zack Snow | From Page: RER11

Coldwell Banker

By Zack Snow | From Page: RER12

Coldwell Banker

By Zack Snow | From Page: RER13