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Subscribe to RSSJohn Boehner makes a new offer to President Obama in hopes of reaching a deal to resolve the impending fiscal cliff. NBC's Kristen Welker reports.
House Speaker John Boehner (R-OH) sent a new offer on Tuesday afternoon to President Barack Obama in hopes of reaching a deal to resolve the impending fiscal cliff.
Specific details are scarce, but the proposal apparently was made as a counter-offer to something the White House had proposed over the last few days. A GOP aide said the White House plan offered $1.4 trillion in new revenue, but the GOP still not moved from offering $800 billion in revenue.
Boehner spokesman Michael Steel told NBC News the following:
"We sent the White House a counter-offer that would achieve tax and entitlement reform to solve our looming debt crisis and create more American jobs. As the Speaker said today, we're still waiting for the White House to identify what spending cuts the president is willing to make as part of the "balanced approach" he promised the American people. The longer the White House slow-walks this process, the closer our economy gets to the fiscal cliff."
Speaker of the House John Boehner provides an update on the fiscal cliff negotiations, placing pressure on the White House to reveal how they intend to compromise with House Republicans on spending cuts.
Since this is a new offer, it’s assumed to be different from the one put forward last week by the GOP that called for $800 billion dollars in new revenue through closing tax loopholes and deductions, along with an additional $600 billion in savings through cuts to entitlements.
A GOP aide opined to NBC News that the president must move more quickly on “the spending side” before any deal could hope to be accomplished. A major sticking point to date has involved how much ground Republicans would give on tax rates for the wealthy.
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The mediuan income in America in 1983 was $73 ,000 The median income today is $57,000. If it had grown equally it would be around$119,000. I think that is disgusting. God bless trickle up theory. The One % is now 288 times the median income.
Austerity.....That is such a lie. Did you just make that up? Median income in 1983 was $44K after adjusting for inflation. Why do you constantly avoid facts and logic? In fact, we had record median income before Obama took office.
http://www.davemanuel.com/median-household-income.php
Aust.....likes to take as many donkey dumps as he can to show how intelligent he is.
GCCal: you must be full of it if that is all you have to say.
donkey dumps make a lot smaller mess than elephant dumps
Maybe so Steve, but Donkey Dumps stink even more than elephant dumps.
What part of this mess do the fools in Washington not understand? If I make $10,000 a year (made up number) and have a cost of living that is at $15,000 (again, made up number. This is called an income to outgo problem. If on top of this I owe $15,000. . . Just cutting costs by $5,000 or raising income by $5,000 is not going to fix my problem. I need to get off my fat ass, get a second job, and stop spending money. . . DUH
This country has an income issue since W. To pay for all the frivolous spending he gave to his friends and constituents.
Richard: No, by God, you need to insist that the Republican sponsored bill that the TEA Party put together to reduce the national debt not be signed by the President! It's YOUR damned bill! Insist Boehner and his ilk get off their pathetic dead asses and not compromise at all! Can you not think one friggin' consistent thought here??!!?? geeeeeezzzzzz......
Your post deals with family finances. It has no relation to sovereign finances. Especially for the largest financial entity in the world. The US government. Take a basic junior college course in economics please.
This is what I think of Boehner--SHUT UP! For crying out loud, just get the rich to pay their share of taxes. Everyone keeps saying that they need to "pay more in taxes", but in actuality they just need to pay their share of taxes and close all the loopholes. They're able to write off their kitchen sink for crying out loud. The lower/middle-class are sick and tired of hearing the whining from the rich. Just shut up and pay up!
Please explain how taxing the rich is going to solve any part of the problem in Washington??????????????????????????????????
GCCal: Dumbass! The rich deserve to keep ALL their money! They should not be taxed at all! After all, dumbass, YOU'RE paying taxes so they can live off federal welfare programs YOU'RE paying for. You haven't figured that out yet, have you? Of course not because you're convinced there are no federal welfare programs for the wealthy! geeeeeeeeeez.....
TJ..........is that all you have. First, I did not say anything about them keeping all their money. Get with the program. I ask, for your information once again, for an explanation how taxing the rich is going to solve any part of the problem in Washington. Please try to show a little intelligence in your post instead of pure donkey dung talking points.
GC - can I ask the opposite question? How can it hurt? It and cutting entitlements, trimming military spending and closing tax loopholes might get us most of the way there.
Wilie smith look up the 2 santa claus theory and see where Rush the traitor to America got it from. He hasn't got anything original just copycat crap.
As opposed to your donkey crap!!!!!!
God GC, who cares about your name calling. I put those in the category of trolling. You supply nothing of substance or worth. Go away!
The poorly educated, far right wing, extremist, fanatics are back on the website showing their total ignorance once again. The bill you dopes are wanting Obama to compromise on is YOUR friggin' bill! That bill was put together by the TEA Party and the Republican right wing as YOUR proposal to reduce the national debt, and now you want the President to save your sorry asses once again. Can you not ever make up your minds or do you actually have a mind at all??!!?? And, you dopes wonder why the American people showed you the door again! geeeeeeeeeeeeeeeeeezzzzz........ The Republican Party has not won the popular vote in a presidential election but ONCE since 1988 and 2016 looks like a loser too. The incredible thing is you can't figure out why!
Shout out my man T-Jeff.
Jefferson himself would be proud.
Bring it!
No PAF my numbersbcome from the congressional budget office not some lame rightwing website.
Then you will not mind showing the link. I know you are lying. Find the info. I have seen the bls numbers and they back what I showed you. Stop lying.
The progressives here are pretty pathetic. I actually can tell they were "educated" in poor government schools. "gop" and 'Austerity' have no ideas. Just snarky, idiotic comments. How pathetic.
Seems to me you are the snarky pathetic one. we get that from you and fox. Oh those socialists.
My original statement stands. You have no ideas.
Paul: Enlighten us, genius! The wealthy classes have you paying taxes so they can live off federal welfare programs. You're still dumb enough to think that's not happening! hahahahhahahaha And, you call the left stupid!
to socialists like TJefferson, letting people keep more of THEIR OWN MONEY is welfare, while redistribution of their money to others is "fairness".
Orwell would be proud
C'Mon boys...play nice...let's keep the insults to a min and logic in high demand.
It is also posted on wallstreet journal,Forbes to say a few. Almost all conservative but not lying Heritage foundation.
"Specific details are scarce" ... because there are no details. The GOP offer is just another dog and pony show.
It's a trisoge pony though.
facts are just a liberal bias.
Then why do liberals ignore them so often? It seems to me that liberals are factose intolerant.
To those saying don't change social security it is already paid for. Read this from their physical website..... this is NOT FOX NEWS report, and its not NBC news so bias aside:
Something that will "run out" in 2037 is not OK. Stop saying that SS is fine and paid for and doesn't need changing. It will run out, and for anyone who is 37 or younger, you will see less benefits or ss taxes will need to be hiked up.
Most 37 yr old and younger are already advent on SS not existing when we retire, I know I am planning on not having it. If I have it fine, if not no biggie. Instead of pushing the "buck" down the road, lets fix it now.
Yes maybe you will retire soon and don't want to lose money, think about your kids and family because to sustain you, they will need to pay a higher percent or it takes a bigger cut from theirs.
Point is entitlements can not sustain themselves. We either cut them, change them, or pay higher taxes (everyone, as rich will not be able to cover the cost of 10's of millions of people retiring.)
Where would you cut or what would you do to bring the budget under control? Cannot keep spending $1.3 trillion more than we take in.
Progressives are the ones that are so "smart" they will tell us all how to live. That is called tyranny.
I think that is Rush hannitty Glenn Beck etc. 90 % of all corporate run media can't be wrong. Right Adolph?
It looks like Speaker Boehner is still trying!
Yes, he is; trying everyone's patience by trotting out the same pig over and over with various new shades of lipstick.
If this were vaudeville (and Speaker Boehner certainly treats the process as such), the audience would be pelting him with spoiled cabbages and rotten tomatoes.
Harry Reid has had no budget in 4 years. He is a disgrace. obama steps all over the Constitution because he wants to be king. Holder gives guns to criminals and chooses what laws he thinks are right. What a corrupt bunch of marxists.
Pssst. Pssst. Paul from NM, you left "muslims" and "welfare" out of your diatribe.
Reince Priebus will most definitely not be pleased with your effort.
Is'nt amazing the republicans were once the liberal party. Until they got greedy and wanted even more. Then comes the first great depression,where there were so many poor they couldn't afford their services and products. Then came the W administration. Do I need to say more?
I love how you think allowing people to keep more of their money is greedy, but taking money from others for your own pet projects is acceptable.
Michigan is now Right to Work.
Be careful with that. Did you see the turnout on election night in the states that were trying to take away voting rights. The Repubs are going to be in for a shock when the masses rise up against their nonsense. But good luck with that.
Scott Walker was reelected by a larger margin.
Not because he is beloved. Check the exit poll data. More people voted against the recall then voted for him. In two years you'll see how much Wisconsin likes Walker.
PAF look it up yourself i gave you enough info. That is how I got kicked off before. Remember Greedy One Percent, Repubnomore,. That is me.
Frankly, I can see the possibility of Boehner and Obama coming to terms, but then Boehner will face a last minute revolt by his Republican House colleagues, and we'll go over the fiscal cliff anyway.
The Dems will lose the Senate in 2 years.
Who are you? R you Newt Gingrich posting under an alias?
There are 32 Republican governors and 20 States will not implement obamacare.
Obama care is the law of the land. Those states you talk about opted out of the exchanges which means the federal government will set it up for them. Get your facts straight Newt.
Even if right on the number of states/governors, that only means they are free to offer their own plan that meets or exceeds the standards of the ACA by virtue of the Act itself.
Next?
They do not have to meet any standards. The medicaidsection was declared unConstitutional You may have all the standards you want. The States will not pay for it. The Feds are broke. It will eventually die. What we intend to do is eventually kill it by not raising the debt ceiling. Healthcare is not a right. If you cannot pay you should not get it.
To this writer's knowledge, there have been NO formal, detailed offers from the Republican Party. The President submitted a detailed offer (in writing) 2 weeks ago and there has yet to be a counter-offer (unless this so-called "offer" comes with details in writing).
HR 597 passed 241-184 and rejected by Reid and the other marxist obstructionists in the Senate.
A margin of errors.
Illinois is now forced to allow conceal carry. Gun sales have set another record this month. WalMart is selling assault rifles. I believe that means another 1 million AR15s in private hands. Progressives seem afraid.
I am a progressive and I love that stat.
As a matter of fact, I directed my brother to aquire an AR ( sig saur ) from Wally world cuz the price was good.
But you know, austerity really does not work.
Austerity does work. Also, it is not their money. It is easy to spend when you do not have to earn it. Government does not create jobs or wealth. It can impede the economy however.
one comment before I go to bed:
I'm tired of all the washington BS. This is our leadership? These are the brains and the law-makers we elect? All the fiscal problems are one THEY created, not the american people. The back and forth bickering and deal making are getting downright embarrassing. There is not a true statesman I know of right now. Just cowardly fools manipulated by their lobbyists and party membership.
Good night.