Tagged: fiscal cliff

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Planet Money
12:44 pm
Sun December 30, 2012

What A Former FBI Hostage Negotiator Can Teach Us About The Fiscal Cliff

Credit Drew Angerer / Getty Images

Originally published on Fri December 28, 2012 1:27 pm

The tortuous negotiations involved in the "fiscal cliff" talks are like a chess game.

To shed some light on the kinds of negotiation techniques that members of Congress might be using during the talks, we asked two negotiators to walk us through their tactics with examples from their everyday lives.

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Politics
1:00 pm
Wed December 19, 2012

Occupy Louisville, Justice Resource Center Rally Against Domestic Spending Cuts

Occupy Louisville and the Justice Resource Center are holding a demonstration at Senate Republican Leader Mitch McConnell's office to protest against any domestic spending cuts as part of the fiscal cliff negotiations.

The negotiations in Washington to avoid the $607 billion combination of automatic spending cuts and tax increases continue with the end of the year deadline approaching.

This week the White House threatened to veto Speak John Boehner’s "plan B," which includes raising tax rates on Americans making over $1 million annually. House Republicans argue their plan avoids tax hikes on most income earners, but the Obama administration says it doesn't raise enough revenue and burdens the middle-class.

Ike Thacker is an Occupy Louisville spokesman. He says the groups oppose any cuts to social programs that help the poor and would prefer cuts to the defense department.

"The things that need to be cut are not social programs. We spend in the neighborhood of $20 to $30 billion on welfare and around $70 billion on food stamps, which means roughly speaking $100 billion. While we spend well over $1 trillion every year in one form or another on our military," he says. "If we want to go where the spending is to do the spending cuts it does not need to be in social programs, but in the military."

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Politics
5:22 pm
Fri December 7, 2012

Mitch McConnell: President Obama is Asking for Too Much in Fiscal Cliff Negotiations

Credit File photo
U.S. Sen. Mitch McConnell

U.S. Sen. Mitch McConnell said he hopes a deal can be reached to avoid the fiscal cliff,  but so far the talks have not gone well.

McConnell said President Barack Obama is asking for a new stimulus package -- the unlimited ability to raise the debt ceiling and more than $1 trillion in new tax revenues.

(The New York Times recently published a handy graphic outlining where the sides stand.)

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Politics
4:28 pm
Wed December 5, 2012

Kentucky Social Justice Groups Join White House to Avoid Fiscal Cliff

A delegation of activists representing several social justice groups in Kentucky visited the White House on Wednesday for a meeting on how to avoid the fiscal cliff.

The discussion was hosted by President Obama’s director of public engagement, and was organized to build support for his plan that includes raising taxes on the wealthy. Leaders from the Louisville NAACP, Fairness Campaign and Planned Parenthood of Kentucky attended the session, along with a delegation from Tennessee.

ACLU of Kentucky Executive Director Michael Aldridge also attended the meeting. He says going over the fiscal cliff will not only hurt the economy, but would set back civil liberties issues as well.

"When Congress is preoccupied with having to tend these budgetary concerns they’re not taking up a lot of civil liberties issues that we would like them to be focusing on such as immigration reform, which the Obama administration has stressed they’re going to be taking up in the second term," he says. "They’re not going to be able to move forward until they get their fiscal house in order."

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