Tuesday, March 12, 2013

"Wall budget" negotiations in impasse

Le final countdown to the "wall budget" is engaged in Washington, where no significant progress was recorded during the weekend to prevent the entry into force Monday, December 31 evening of one brutal austerity and heavy menaces.

Sauf agreement in Congress increasingly unlikely in such a short time, in fact, occur automatically at midnight (Tuesday at 6:00 in France) a tax increase for almost all taxpayers and cuts in State spending fédéral.

Conséquence their inability to agree for weeks on revenues and expenditures, controlled Senate Democratic allies of President Barack Obama and the House of Representatives dominated by Republicans will have to sit on Monday, the day of the New Year's Eve for the first time more than 40 ans.

D'accord on observation, not on solutions

Pendant the weekend, negotiations continued between the leaders of the Senate, Democrat Harry Reid and Republican Mitch McConnell, charged by their sides to try to reach an agreement acceptable not only by their congregation, but also by the Chambre.

Une challenge given the ideological gulf that separates them forever. Barack Obama believes that voters, by renewing early November for a second term of four years, gave the green light to increase the tax burden on the richest for which he had campagne.

Il is therefore that households earning over $ 250,000 a year see their tax rate increase a red rag to the Republicans (...) Read more about

Le Nouvel Observateur "Budget Wall" negotiations at an impasse "Budget Wall": Obama attacks Republicans

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