Local Politics

NC congressional delegates speak out on fiscal cliff

Posted December 27, 2012

— Members of North Carolina's congressional delegation are speaking out about stalled efforts between Republican lawmakers and the president to reach a compromise to avoid the so-called fiscal cliff.

"This is a serious matter. We should be very concerned about the fiscal cliff," Democratic 4th District Congressman David Price said Thursday.

There's less than a week for the legislative and executive branches of U.S. government to reach an agreement to avoid deep spending cuts and tax increases on most Americans.

"The American people and the country as a whole are looking at taking a significant hit," Price said. "There’s no way this should happen."

If a deal isn't reached, experts say, 2012 tax rates – ranging from 10 percent to 35 percent – could jump to a 15 percent to 39.6 percent in 2013.

That would mean, for example, a married couple earning $57,000 to $75,000, could pay between $2,100 to $3,300 more in taxes, depending on the number of children they have.

Taxes on estates and investments will also go up, and exemptions on many tax credits, including those for children and college, will either be reduced or eliminated.

The stalemate in Washington largely centers on tax increases.

The president and most Democratic lawmakers are calling for a tax increase on those who make more than $250,000 a year. Republicans, however, generally oppose a tax increase.

House members left Capitol Hill last week after refusing to act on a measure put forth by House Speaker John Boehner to raise taxes for those earning more than $1 million.

The Senate is back in session this week working on a plan, but Senate Majority Leader Harry Reid says it appears to him that the government is headed over the fiscal cliff because of a lack of progress in negotiations.

"I continue to urge a bipartisan solution that will avert sequestration and the fiscal cliff," Democratic U.S. Sen. Kay Hagan said in a statement. "The consequences of sequestration are amplified in our state, given our large military footprint and the economic importance of the defense industry to our local economies."

WRAL News reached out to Rep. Renee Elmers, a Republican from North Carolina's 2nd Congressional District Thursday morning but, as of Thursday evening, had not received a statement from her about the fiscal cliff talks.

11 Comments

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  • wildpig777 Dec 31, 10:55 a.m.

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    They won't hear anything from that Ellmers woman until she is told what to say. How in the world that woman got re-elected is just amazing. A sure waste of tax payers money.- rebel

    i agree- ellmers has done a total reversal from what she ran on. i am aware that ellmers is a rino-- republican in name only, and in fact shes a tax and spend politican.

  • ldestefano63 Dec 31, 9:03 a.m.

    They all blame each other like a bunch of 8 year olds - grow up, pull your big boy pants on and do what you are paid to do ! I am so tired of the selfish greedy politicians - how about we cut your pay and benefits and you have to grocery shop at the Dollar Tree - Thoroughly disgusted with our government and all they do not do

  • bmac813 Dec 31, 8:21 a.m.

    How about P{rice, Miller, and Watt's, Lets see, abortion, gay Right's, Gun Control, raising Taxes, Spending more than what we take in, They support. Anything else you don't hear from them.
    How come either of them came out when Holder sent Guns to Mexico and 15 Young Mexican children were Killed, a American Boarder Guard, Four Mexican Police officers,There is probably more But our Liberal News Media won't look into it. Give Billions to Planned Parenthood to kill the Unborn They Favor.
    If Bush was in office and John Asdhcroft was Att. General They would Be digging like a Groundhog.

  • tkrull Dec 28, 5:38 p.m.

    A group of pathetic men and women we have dis-serving this country.

  • tayled Dec 28, 3:17 p.m.

    OK. It's time that the childish petty politics get set aside, both sides, in this crisis and act for the betterment of the county and put personal feelings and ambitions aside and act like statesmen, not politicians.

  • davidgnews Dec 28, 1:32 p.m.

    Burr is in the process of becoming a lifer. I have no doubt that Hagan will seek to become another lifer politician.whatelseisnew

    I'm in total agreement with you here. Neither usually issues much of any statement without some photo op to accompany it. As far as NC is concerned, they're both MIA.

  • whatelseisnew Dec 28, 12:16 p.m.

    Burr is in the process of becoming a lifer. I have no doubt that Hagan will seek to become another lifer politician.

  • spiritseeker Dec 28, 10:17 a.m.

    Where is a comment from or even mention in this article of Senator Burr's position? I have found that I have not gotten a response from his office for any correspondence sent to him. Emails don't even get an auto-response as I get when emailing Senator Hagan.

  • davidgnews Dec 28, 9:06 a.m.

    Ellmers is enjoying her time in the exclusive club. She could have easily had one of her staff 'issue a statement' just like the other worthless reps we have.

  • Rebelyell55 Dec 28, 8:50 a.m.

    They won't hear anything from that Ellmers woman until she is told what to say. How in the world that woman got re-elected is just amazing. A sure waste of tax payers money.

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