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House Passes Fiscal Cliff Compromise

Official portrait of United States House Speak...

Official portrait of United States House Speaker (R-Ohio). (Photo credit: Wikipedia)

The House passed an agreement to stave off the so-called fiscal cliff in the 11th hour by a vote of 257 to 157. The passage was bipartisan despite objections from many Conservative Republicans who wanted draconian cuts to social spending. Those Republicans hope that they can force those cuts in March after the Senate guts the ability to abuse the filibuster, and the House Republicans loose ground.

The passage is being seen as a victory for President Barack Obama.

President Barack Obama stated, from the White House, “Thanks to the votes of Democrats and Republicans in Congress I will sign a law that raises the taxes on the wealthiest of Americans while preventing a middle-class tax hike.”

House Speaker John Boehner voted for the legislation while his top two lieutenants Eric Cantor and Kevin McCarthy voted against. Boehner stated “Now the focus turns to spending. The American people re-elected a Republican majority in the House, and we will use it in 2013 to hold the president accountable for the ‘balanced’ approach he promised, meaning significant spending cuts and reforms to the entitlement programs that are driving our country deeper and deeper into debt.”

In fact, the American People did not reelect a Republican majority. The majority of the raw vote went to the Democrats. The Republicans maintained a majority in the House simply because of the gerrymandering that went on in the Republican dominated states. House Republicans have refused to give up on exorbitant spending on the military, despite constant requests from the Pentagon to eliminate wasteful spending, and instead wish to gut the social services that they have opposed existing since they were enacted, some of them back in the 1930′s.



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