{"id":5988,"date":"2012-11-01T15:41:51","date_gmt":"2012-11-01T19:41:51","guid":{"rendered":"http:\/\/goldstocksforex.com\/?p=5988"},"modified":"2012-11-01T15:41:51","modified_gmt":"2012-11-01T19:41:51","slug":"fiscal-cliff-two-candidates-two-approaches","status":"publish","type":"post","link":"https:\/\/thepatientinvestor.com\/index.php\/2012\/11\/01\/fiscal-cliff-two-candidates-two-approaches\/","title":{"rendered":"Fiscal Cliff: Two Candidates, Two Approaches"},"content":{"rendered":"<p>By ERIC PIANIN and MERRILL GOOZNER, The Fiscal Times<\/p>\n<blockquote>\n<p>[Romney and Obama] agree that a stopgap measure is needed before January 1 to temporarily extend the raft of Bush era tax cuts and other measures set to expire. However, Obama has signaled his intent to veto even a few months\u2019 extension of tax cuts unless  families earning more than $250,000 a year are made to pay higher rates.<\/p>\n<p>&#8230;&#8230;. Romney, Boehner and Senate Republican Leader Mitch McConnell of Kentucky insist that the Bush tax cuts be extended for all Americans, arguing that any increase in rates would discourage investments and job expansion by small businesses. Moreover, Romney has proposed further tax cuts of 20 percent across the board in exchange for capping tax breaks&#8230;&#8230;..<\/p>\n<\/blockquote>\n<p>via <a href='http:\/\/www.thefiscaltimes.com\/Articles\/2012\/11\/01\/Fiscal-Cliff-Two-Candidates-Two-Approaches.aspx#page1'>Fiscal Cliff: Two Candidates, Two Approaches<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>By ERIC PIANIN and MERRILL GOOZNER, The Fiscal Times [Romney and Obama] agree that a stopgap measure is needed before January 1 to temporarily extend the raft of Bush era tax cuts and other measures set to expire. However, Obama has signaled his intent to veto even a few months\u2019 extension of tax cuts unless &hellip; <\/p>\n<p class=\"link-more\"><a href=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/11\/01\/fiscal-cliff-two-candidates-two-approaches\/\" class=\"more-link\">Continue reading<span class=\"screen-reader-text\"> &#8220;Fiscal Cliff: Two Candidates, Two Approaches&#8221;<\/span><\/a><\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_mo_disable_npp":"","_jetpack_memberships_contains_paid_content":false,"footnotes":""},"categories":[5,34],"tags":[59,3336],"class_list":["post-5988","post","type-post","status-publish","format-standard","hentry","category-economy","category-us-canada-countries-regions","tag-fiscal-cliff","tag-tax-cuts"],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v27.2 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Fiscal Cliff: Two Candidates, Two Approaches - the patient investor<\/title>\n<meta name=\"robots\" content=\"noindex, follow\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Fiscal Cliff: Two Candidates, Two Approaches - the patient investor\" \/>\n<meta property=\"og:description\" content=\"By ERIC PIANIN and MERRILL GOOZNER, The Fiscal Times [Romney and Obama] agree that a stopgap measure is needed before January 1 to temporarily extend the raft of Bush era tax cuts and other measures set to expire. However, Obama has signaled his intent to veto even a few months\u2019 extension of tax cuts unless &hellip; Continue reading &quot;Fiscal Cliff: Two Candidates, Two Approaches&quot;\" \/>\n<meta property=\"og:url\" content=\"https:\/\/thepatientinvestor.com\/index.php\/2012\/11\/01\/fiscal-cliff-two-candidates-two-approaches\/\" \/>\n<meta property=\"og:site_name\" content=\"the patient investor\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/profile.php?id=61572934660810\" \/>\n<meta property=\"article:author\" content=\"https:\/\/facebook.com\/people\/The-Patient-Investor\/61572934660810\/\" \/>\n<meta property=\"article:published_time\" content=\"2012-11-01T19:41:51+00:00\" \/>\n<meta name=\"author\" content=\"Colin Twiggs\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"Colin Twiggs\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"1 minute\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/11\/01\/fiscal-cliff-two-candidates-two-approaches\/#article\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/11\/01\/fiscal-cliff-two-candidates-two-approaches\/\"},\"author\":{\"name\":\"Colin Twiggs\",\"@id\":\"https:\/\/thepatientinvestor.com\/#\/schema\/person\/d42b18d516a80149d739845749ac6454\"},\"headline\":\"Fiscal Cliff: Two Candidates, Two Approaches\",\"datePublished\":\"2012-11-01T19:41:51+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/11\/01\/fiscal-cliff-two-candidates-two-approaches\/\"},\"wordCount\":133,\"commentCount\":2,\"publisher\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#organization\"},\"keywords\":[\"\\\"Fiscal Cliff\\\"\",\"tax cuts\"],\"articleSection\":[\"Economy\",\"US &amp; Canada\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2012\/11\/01\/fiscal-cliff-two-candidates-two-approaches\/#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/11\/01\/fiscal-cliff-two-candidates-two-approaches\/\",\"url\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/11\/01\/fiscal-cliff-two-candidates-two-approaches\/\",\"name\":\"Fiscal Cliff: Two Candidates, Two Approaches - the patient investor\",\"isPartOf\":{\"@id\":\"https:\/\/thepatientinvestor.com\/#website\"},\"datePublished\":\"2012-11-01T19:41:51+00:00\",\"breadcrumb\":{\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/11\/01\/fiscal-cliff-two-candidates-two-approaches\/#breadcrumb\"},\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"ReadAction\",\"target\":[\"https:\/\/thepatientinvestor.com\/index.php\/2012\/11\/01\/fiscal-cliff-two-candidates-two-approaches\/\"]}]},{\"@type\":\"BreadcrumbList\",\"@id\":\"https:\/\/thepatientinvestor.com\/index.php\/2012\/11\/01\/fiscal-cliff-two-candidates-two-approaches\/#breadcrumb\",\"itemListElement\":[{\"@type\":\"ListItem\",\"position\":1,\"name\":\"Home\",\"item\":\"https:\/\/thepatientinvestor.com\/\"},{\"@type\":\"ListItem\",\"position\":2,\"name\":\"Fiscal Cliff: Two Candidates, Two Approaches\"}]},{\"@type\":\"WebSite\",\"@id\":\"https:\/\/thepatientinvestor.com\/#website\",\"url\":\"https:\/\/thepatientinvestor.com\/\",\"name\":\"The Patient Investor\",\"description\":\"Smart. 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The ABC's Jon Karl reports: It\u2019s quite simple: House Republicans would allow a vote on extending the Bush middle class tax cuts (the bill passed in August by the Senate) and offer the president nothing more \u2013 no extension\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6446,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/12\/11\/republicans-send-fiscal-cliff-counteroffer-to-obama-business-insider\/","url_meta":{"origin":5988,"position":1},"title":"Republicans Send Fiscal Cliff Counteroffer To Obama &#8211; Business Insider","author":"Colin Twiggs","date":"December 11, 2012","format":false,"excerpt":"Brett LoGiurato reports that House Speaker John Boehner made a counter-offer in fiscal cliff negotiations. His spokesman Michael Steel issued a brief statement: \"We sent the White House a counter-offer that would achieve tax and entitlement reform to solve our looming debt crisis and create more American jobs. As the\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6526,"url":"https:\/\/thepatientinvestor.com\/index.php\/2013\/01\/02\/congress-passes-fiscal-cliff-deal-wsj-com\/","url_meta":{"origin":5988,"position":2},"title":"Congress Passes Fiscal Cliff Deal &#8211; WSJ.com","author":"Colin Twiggs","date":"January 2, 2013","format":false,"excerpt":"WSJ writes that Congress passed a compromise bill to avert the fiscal cliff: The bill ...... was passed over opposition from conservative Republicans in the House who objected to the fact that it contained no long-term spending cuts of any significance. Both the U.S. Senate and House of Representatives approved\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":6067,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/11\/07\/markets-worry-about-fiscal-cliff\/","url_meta":{"origin":5988,"position":3},"title":"Markets Worry About Fiscal Cliff","author":"Colin Twiggs","date":"November 7, 2012","format":false,"excerpt":"Michael S. Derby writes about the looming fiscal cliff: The central problem is the lack of change. President Barack Obama was reelected. Democrats retained control of the Senate, while Republicans held on to the House of Representatives. The fiscal cliff can only be resolved if lawmakers work together. \u201cReturning to\u2026","rel":"","context":"In &quot;Economy&quot;","block_context":{"text":"Economy","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/economy\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":5030,"url":"https:\/\/thepatientinvestor.com\/index.php\/2012\/08\/01\/poles-apart-nytimes-com\/","url_meta":{"origin":5988,"position":4},"title":"Poles Apart &#8211; NYTimes.com","author":"Colin Twiggs","date":"August 1, 2012","format":false,"excerpt":"I enjoyed this comment on the NYtimes website by A Man from Poland in response to Paul Krugman's criticism of Mitt Romney lavishing praise on the Polish economy. Especially because Krugman concludes: \"Doesn\u2019t anyone tell Romney to do his homework?\" Mr Krugman, I see that you don't know too much\u2026","rel":"","context":"In &quot;UK &amp; Europe&quot;","block_context":{"text":"UK &amp; Europe","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/uk-europe-countries-regions\/"},"img":{"alt_text":"","src":"","width":0,"height":0},"classes":[]},{"id":52380,"url":"https:\/\/thepatientinvestor.com\/index.php\/2024\/05\/07\/rba-sits-tight-but-tax-cuts-threaten-rate-hikes\/","url_meta":{"origin":5988,"position":5},"title":"RBA sits tight but tax cuts threaten rate hikes ahead","author":"Colin Twiggs","date":"May 7, 2024","format":false,"excerpt":"The RBA Board announced today that it would leave the cash rate target unchanged at 4.35 per cent, deciding to sit tight for another month. Rising average tax rates -- through bracket creep caused by inflation -- have been doing some of the heavy-lifting in slowing the economy and curbing\u2026","rel":"","context":"In &quot;Australia &amp; NZ&quot;","block_context":{"text":"Australia &amp; NZ","link":"https:\/\/thepatientinvestor.com\/index.php\/category\/countries-regions\/australia-nz-countries-regions\/"},"img":{"alt_text":"Australian Government: Tax Cuts Ad","src":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-05-06-aus-taxcuts.png?resize=350%2C200&ssl=1","width":350,"height":200,"srcset":"https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-05-06-aus-taxcuts.png?resize=350%2C200&ssl=1 1x, https:\/\/i0.wp.com\/www.incrediblecharts.com\/images\/2024\/2024-05-06-aus-taxcuts.png?resize=525%2C300&ssl=1 1.5x"},"classes":[]}],"_links":{"self":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/5988","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/comments?post=5988"}],"version-history":[{"count":0,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/posts\/5988\/revisions"}],"wp:attachment":[{"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/media?parent=5988"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/categories?post=5988"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/thepatientinvestor.com\/index.php\/wp-json\/wp\/v2\/tags?post=5988"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}