n18
NEWS|Current Affairs 
   |
Louisana's Indian American Governor Bobby Jindal. Photo: Getty Images

Holding the mirror to the Republican party, Louisana's Indian American Governor Bobby Jindal has called for his party to rethink their approach to the so-called "fiscal cliff" negotiations.

"At present, any reading of the headlines over the past week indicates that Republicans are fighting to protect the rich and cut benefits for seniors," he wrote in an op-ed published in Politico, an influential politics focused media site.

"It may be possible to have worse political positioning than that, but I'm not sure how," Jindal said asking the Republicans to fight for structural reforms, such as instituting a federal balanced budget amendment, requiring a super majority to raise taxes or creating term limits.

While he didn't explicitly suggest that Republicans should drop their opposition to tax increases on the wealthy, he argued that the party's focus should be elsewhere in talks on the fiscal cliff.

Fiscal cliff refers to the situation that the administration may face in the absence of a deal with Bush era tax cuts set to expire along with spending cuts in the new year that some fear may drive America back into a recession.

"(I)n the negotiations, Republicans certainly should fight to at least get something done that will matter," wrote Jindal, considered a possible 2016 presidential contender.

Jindal sounded a pessimistic note on the future of America's finances, predicting that the fiscal cliff would be followed by "the fiscal mountain, after that the fiscal black hole, and after that fiscal Armageddon".

"Additionally, amidst all the talk of increasing taxes and cutting entitlements, something more important than either of these has been lost -- economic growth," he wrote.

"America is forever young because America is forever growing, leading the world and showing the way forward. All actions taken by Washington should be seen through this simple prism - will this help grow our economy? If not, maybe we shouldn't do it."

Tag : #Bobby Jindal

J&K: Infiltration along LoC, 1 killed

from IBNLive

J&K: Infiltration along LoC, 1 killed

One Junior Commanding Officer was killed and another jawan injured after a major infiltration bid by a group of six terrorists was foiled by the Army along LoC in Machil in Kupwara district of North Kashmir.


Manmohan Singh to visit US

from PTI

Manmohan Singh to visit US

Prime Minister Manmohan Singh is expected to travel to Washington in a few months at the invitation of US President Barack Obama.

K'taka: 28 MLAs inducted in cabinet

from IBNLive

K'taka: 28 MLAs inducted in cabinet

Karnataka Chief Minister Siddaramaiah on Saturday expanded his Cabinet with the induction of 28 Ministers.

CBI officer caught taking bribe

from IBNLive

CBI officer caught taking bribe

A Central Bureau of Investigation (CBI) official, who is also the Chief Investigating Officer probing the coal block allocation scam, was caught taking a bribe of Rs 15 lakh on Friday.

TN: Farmers threaten mass suicides

from PTI

TN: Farmers threaten mass suicides

Farmers in Coimbatore region on Friday threatened that they would resort to mass suicides if government went ahead with its plan to increase power tariff.

Chennai: MK Stalin surrenders illegal car

from IBNLive

Chennai: MK Stalin surrenders illegal car

DMK leader MK Stalin on Friday surrendered his illegally-imported Hummer to the Central Bureau of Investigation (CBI) in Chennai.

B'lore office blast: Police still clueless

from IBNLive

B'lore office blast: Police still clueless

A month after an explosion took place opposite the Bharatiya Janata Party (BJP) office in Malleshwaram in Bangalore, police are yet to zero in on the person who had planted the bomb.