Top Republican a holdout against fiscal cliff bill: lawmaker | Bangkok Post: news

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Top Republican a holdout against fiscal cliff bill: lawmaker

The number two US House Republican emerged Tuesday as a key holdout against a controversial bill that raises taxes on the wealthy but does little to rein in the federal spending side of the so-called "fiscal cliff."

Rep. Eric Cantor (R) arrives at the US Capitol on January 1, 2013 in Washington. The number two US House Republican emerged Tuesday as a key holdout against a controversial bill that raises taxes on the wealthy but does little to rein in the federal spending side of the so-called "fiscal cliff."

Fellow Republican Tim Huelskamp said Majority Leader Eric Cantor was "opposed" to the bill that was passed overnight in the US Senate in a bid to keep tax rates as they are for middle income Americans but postpones automatic spending cuts for two months.

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  • DONHUAN

    ThailandPost : 366

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    Discussion 2 : 02 Jan 2013 at 11.532

    Now that the tax hike has more or less been put out of the way, there remains the issue of the level of federal expenses and where to apportion the cuts. However, there are limits where both parties can find real & meaningful cuts that will not adversely impact on their own constituents. The next drama for the main proponents will be rounds of hassling over whether to cut more of the GOP or DEM programs. Some social programs such as retirement entitlements / health and “ear-marks’ for legislative members will be trimmed but not deep enough to have any appreciable dent on the fiscal deficits.

  • montana

    United StatesPost : 1

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    Discussion 1 : 02 Jan 2013 at 09.141

    If the bill does not pass the House of Representatives, then the fault will lay totally with the Republicans. Nothing will satisfy these people except the total destruction of the American government. They are mean spirited and interested only in protecting their multi-millionaire friends at the expense of the American middle class; they have demonstrated this over and over again.

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