I receive social security after paying into it for 46 years
How canada goose store will the fiscal cliff affect the way you handle your money
By CNN Jack canada goose black friday sale Cafferty:
Picture the United States in the convertible at the end of the movie and Louise as it hurtles toward the cliff and the demise of the car occupants. A bit melodramatic perhaps, but the fiscal cliff is fast approaching.
Democrats want to raise taxes, Republicans want major changes to canada goose deals entitlement programs. And they want canadian goose jacket to cheap canada goose do away with those automatic spending canada goose cuts. We seen this movie before.
House Speaker John Boehner says 2013 should be the year we to solve our debt through tax and entitlement reform.
For starters, there not that much time left for buy canada goose jacket this lame duck session between their Thanksgiving and Christmas vacations. And Democrats might want to wait until January when they have a larger majority in the Senate.
Then there always the possibility Congress settles on a smaller deal cheap Canada Goose or a canada goose coats on sale temporary one. Kick the can down the road once again.
But if nothing is done taxes will go up for every single American, and we will be looking at another recession next year.
None of this will be easy on Americans pocketbooks.
Here’s my Canada Goose Coats On Sale question to you: How will the fiscal cliff affect the way you handle your money?
Tune in to the Situation Room at 4pm to see if Jack reads your canada goose clearance sale answer on air.
And, we love to know where you’re writing from, so please include your city and state with your comment.
I have already become 2018 canada goose outlet a vedgetarian, ( dairy and eggs not included), in response to high meat prices. If I was squeezed any further, Canada Goose Parka I might have to figure out a way to quit smoking. They already shrunk the storebrand hamburger rolls, I use for my egg sangwitches sometimes. The hamburger rolls look funny, they are so small now, what are you supposed https://www.topparka.ca to put on them, a pepperoni slice? Whatever they end up doing about the fiscal cliff, they are going to lie about it, and the folks that can least canada goose replica afford it are going to get wacked the hardest. Doug, Pepperell, MA.
November 13, 2012 at 1:34 pm
It already does. I am 76 and retired. I receive social security after paying into it for 46 years. Although I have some other retirement income and some savings, I am trying to spend less since I don know what will happen next. I am angry because I worked all my life, saved what I could, hardly ever took vacations, don have a good TV, drive an old car, etc. Now I worried. I guess that what I did wrong was to be born into a poor family. That seems to be the great immorality of our times.
November 13, 2012 at 1:55 pm
What Money? I know what money was but since gasoline doubled in price and the economy tanked who has any extra money to invest or spend? The interest that will now be owed on dividends after Jan 1st it is no longer feasible to invest in the economy or stocks. People will hold on to what little money they might have left so tightly the economy will Canada Goose Online not be able to recover. That will mean more job losses. Canada Goose online More unemployment and more taxes used to canada goose coats pay for those people instead of paying down the Canada Goose sale debt. The only light I see at the end of the tunnel is another on coming train Jack.
November 13, 2012 at 2:14 pm
How will the fiscal cliff affect the way you handle Canada Goose Outlet your money?
I am not on a fiscal cliff with MY money. I am frugal. My house is paid in full. My car is paid in full. I have no credit card debt of any kind. I spend within my means.
As for Congress, well they are another story. Under GW they spent our hard earned tax dollars like drunken sailors. Hid the credit card bills like scared wives. And then blamed their new husband for everything they did in buy canada goose jacket cheap the past. Now they want to take away funds from the new husband to punish him.
Mark my words, here is what the Republicans are going to go after. They are going to stop Mortgage Deducations, Dependent Care Deductions, Charitable Contribution Deductions, better known as the last Canada Goose Jackets remaining Middle canada goose outlet store locations Class Deductions to the Loopholes THIS WILL NOT FLY.
What needs to happen is for us to go to the Clinton tax brackets. And we need to close the loop holes to the wealthy. those loopholes that keep them from paying a pennies worth of taxes for years. And we need to do the same for corporaitons.
Lastly we need to ensure canada goose outlet toronto factory that our people are employed here. The way you do that is to make laws that protect canada goose clearance our workers. How? Simply, you want to sell here then your products you want to sell here must be manufacured here. You want to provide a service here well we have people that can provide your service to our people here. We need to close the loopholes that give tax breaks for shipping our jobs to CHINA, INDIA, etc.
I am sure that the KOCH BROTHER and SHELDON ADELSON Republicans are going to have a rough go of it because we are not going to roll over on this one.
Not enough to bother me. Actually, I looking forward to it, because driving the economy off a cliff is the ONLY way to get the Repubs to pay attention to anyone besides their rich masters demanding more tax cuts for the wealthy. It like training a mule first you gotta hit it in the head with a two by four, just to get its attention. Give hell, Obama, we are TIRED of the Repubs putting party and politics before America. Man up, Repubs you took a beating and now you need to understand WHY. Get rid of your dinosaurs and your crazies.