Rep. Sean Duffy Frustrated Over Fiscal Cliff Debate

By: Liz Hayes Email
By: Liz Hayes Email

There is still no agreement in sight between the President and Congress when it comes to the fiscal cliff.

Without an agreement, automatic tax increases for everyone and across the board spending cuts will take effect in January.

Rep. Sean Duffy (R-WI) says he's frustrated and is decorating his Washington office for Christmas, because it appears it will be awhile before the White House and Congress come to an agreement on dealing with the country's money problems.

"We have a spending problem in this country, we have an entitlement problem that we need to fix today," Duffy said.

President Barack Obama wants to increase taxes on those who make more than $250,000, and says there can't be a deal until GOP lawmakers drop their opposition.

But republicans like Duffy say raising taxes on the top two percent will ultimately hurt the economy and stifle job creation and he won't vote for that.

"No I don't support raising taxes because you can find revenue by closing loopholes," the Weston republican said. "If you work on the loophole side of the equation you can bring in virtually just as much revenue that the President requested last year."

A GOP plan released by House Speaker John Boehner includes raising the eligibility age for Medicare, lowering cost of living hikes for Social Security benefits and bringing in $800 billion in higher tax revenue, but not raising rates for the wealthy.

President Obama's plan raises taxes by $1.6 trillion over the coming decade, but largely exempts Medicare and Social Security from budget cuts.

"We're not gonna get a deal unless the President's willing to talk about the spending side of the equation," Duffy said.

The congressman says there need to be massive cuts in all areas of government, including the Pentagon. Duffy says there's a lot of fat and waste within the military that can be cut without affecting the ability of our troops to have the resources needed to be successful on the battleground.

"You're gonna have to have across the board cuts, you can't have any sacred cows," Duffy said.

Economists say if no agreement is made, the country will fall into another recession.

Congress won't adjourn for the year until a solution is reached, the lawmakers had been scheduled to adjourn on Dec. 14.

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