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Virginia News Headlines: Wednesday Morning

by: lowkell

Wed Jan 02, 2013 at 07:09:26 AM EST

Here are a few Virginia (and national) news headlines, political and otherwise, for Wednesday, January 2.

*Congress forges late-night deal to avoid the fiscal cliff
*Statement from the President on the Senate Deal to Extend Middle Class Tax Cuts
*Boehner, Cantor take different sides ("Speaker John Boehner (Ohio) voted in favor of the measure.  But Majority Leader Eric Cantor (Va.) voted against the legislation...")
*House pulls plug on Sandy aid bill ("The decision is a stunning reversal since just hours before New Jersey lawmakers were preparing for floor debate Wednesday as outlined under a strategy promoted by no less than Majority Leader Eric Cantor (R-Va.).")
*Lessons learned from the 'fiscal cliff'
*'Fiscal cliff' deal falls short under three economic theories (Great job, guys!)
*The fiscal cliff deal that almost wasn't (""Go f- yourself," Boehner sniped as he pointed his finger at Reid, according to multiple sources present.")
*'Fiscal cliff' deal does little to tame threats from debt ceiling, high unemployment rates (The deal ignores a LOT of things, such as the chance to deal with the #1 threat to humanity, global warming, by putting a price on carbon. #FAIL)
*On the Left, Seeing Obama Giving Away Too Much, Again
*Assassinating Clinton's character ("The attacks on the secretary of state during her illness have been cruel and unfair.")
*Goodlatte, Griffith, Hurt vote against fiscal cliff deal
*D.C.-area lawmakers divide along unusual lines on 'fiscal cliff' vote
*Schools, roads on deck for governor
*Former state GOP director to run Cuccinelli's 2013 campaign
*Editorial: Running for cover on transportation ("Referenda, particularly those limited to one part of the state, won't solve transportation needs.")
*Redevelopment a Fairfax priority in 2013
*Arlington officials tout spending plans for 2013

lowkell :: Virginia News Headlines: Wednesday Morning
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Rep. Jim Moran: "I cannot in good conscience support this legislation" (0.00 / 0)
Moran Statement on Fiscal Cliff Legislation

Washington, DC - Congressman Jim Moran, Northern Virginia Democrat, released the following statement regarding legislation on the fiscal cliff:

"Throughout negotiations aimed at staving off the economic damage of the so-called "fiscal cliff," I have been hoping to cast a vote for a balanced deal which addressed both long run fiscal issues and the artificial short term crisis created by the Budget Control Act.

"Unfortunately the bill before us today is wholly inadequate. It leaves our country with three more "fiscal cliffs" to negotiate over the next three months. There's no clarity as to how we preserve the full faith and credit of the U.S. by raising the statutory debt limit, the economically devastating sequester is delayed two months but remains in full effect, and there's no direction as to how we will fund the government for the remainder of the year when the continuing resolution runs out in March. Each of these deadlines represents a major political battle in which nearly 40 percent of Northern Virginia's economy in terms of federal contracts and federal employees will be on the chopping block. Our leverage to strike a balanced deal will only be weaker in those coming battles following passage of this bill.

"Furthermore, I question the wisdom of permanently locking in revenue levels which are far too low. This includes an estate tax structure which provides a massive tax cut for a small minority of the richest Americans at the cost $369 billion dollars, in exchange for only a temporary extension of important programs that help low and middle class Americans.

"I am deeply concerned by the long term consequences of this hastily crafted agreement, both in terms of our ability to invest in our priorities, such as educating and training future generations, and in terms of the way we govern this country. For these reasons, I cannot in good conscience support this legislation."

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Kaine: "time Congress stops kicking the can down the road on a long-term solution to our fiscal problems" (0.00 / 0)

Richmond, VA - Senator-elect Timothy M. Kaine released the following statement on the fiscal cliff agreement passed by the House and Senate:

"I'm pleased that the House and Senate have acted in a bipartisan and cooperative fashion to pass this important legislation to protect the middle class and avert a short-term fiscal crisis. This bill is far from perfect, and it's time Congress stops kicking the can down the road on a long-term solution to our fiscal problems. But it's an encouraging sign that Congress can put partisanship aside for the good of our economy and the American people. Much work remains to be done and I look forward to tackling our ongoing budget issues after I'm sworn in on Thursday."

Since late 2011, Senator-elect Kaine has consistently promoted a similar compromise to the Senate bill on the Bush tax cuts, calling for the tax cuts to expire on income above $500,000 per year as part of a balanced approach of spending cuts, economic growth and increased revenue to help get the nation's fiscal house in order.

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Video: Rep. Peter King (R) blames Boehner for blocking Sandy relief bill (0.00 / 0)

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Video: President Obama on the "fiscal cliff" deal (0.00 / 0)

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Video: Jim Moran rips "fiscal cliff" legislation (0.00 / 0)

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