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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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Paul from NM I call it Americas Iron curtain. Fox
Hey Paul how many progressive radio stations you got there. None of course. I call that tyranny. Or Brainwashing.
All you ever hear is what they want you to hear. Try free speech TV. Get people who don't make millions of lying.
Who is going to make America strong and who is willing to sell us to the highest bidder.
The GOP are willing to fold on a bad hand and just punt.
Gotta love that.
Sounds like the debt ceiling all over again....hmmm.
How Christian of you Smith....
Since you only hear one side that is all you know and all they want you to know. Can you now figure out which states get one side only. Pick a color. Could they be red.
Boehner needs to get serious and make a real offer. Stop will all the vague non-offers and realize that you are losing mr weaper of the house. America deserves better
Sorry Willie, but if you would turn off fox and start reading and listening to real news you will realize you are being lied to and made to look foolish when you repeat those lies. It's up to you whether you want to be relevant or Rush to wrong.
Yes, when Boehner said there were no spending cuts, the white house told him to look on pages 17 through 24. 17 pages is too much for a republican to read.
Go ahead talk to me about tyrrany and I'll talk about a country on the verge of fascism. oligarchy nation or banana republic. Feed The Rich They are starving for you votes.
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.
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Different? I suppose they may have tweaked some numbers, but we all get what Boehner & Co. want: to have the people who've been the victims of the economic downturn pay for their ( alleged ) deficit-reduction, while rewarding those who caused it. That may not be affordable, but they don't really care. Different but the same. Brilliant.
Willy: Thanks for the snide stereotypes. So everyone who's unemployed is a lazy slacker for not snapping up the jobs that "We" supposedly have? That doesn't wash, pal, not even a little bit. The people I know who are struggling are the ones who bought into the supposed "dream", who worked hard, sacrificed a lot for their families, tried and worked hard to get ahead, only to have the value of their homes plummet overnight, to have their net wealth slashed, and to witness the bankers who caused all this get bailed out while they went under. Willie, I hate to break this to you, but the banksters don't even need tools like you to carry their water.
This is long but includes new ideas and vision.
Dionysus Omega's foolproof ten point plan to fix the American Economy for the 2013 – 2016 period.
Domestic Policy
Step 1: Audit the Federal Reserve, audit the Gold/Silver and other real assets of the U.S. to get a baseline net worth.
Step 2: Lower Corporate tax rates to 28% but in doing so remove ALL deductions….flat tax on large corporations. No exemptions and serious consequences ( Jail for the controlling board. ) for tax evasion or questionable accounting techniques.
Step 3: Cap deductions excepting a sliding charitable scale.
( ie – earners making more than a million or more get no deductions after a million except charitable contributions. )
Step 4: Increase taxes on the wealthy to Reagan era rates…about 50% with very limited deductions. ( See step 3 )
Step 5: Immediately invest in America.
Schools, bridges, rail and roads. Universities and Hospitals, pipelines and oil rigs.
Not built by government, but built by private companies using not just low bid but quality bid contracts.
Talk about good paying jobs!
Foreign Policy
Step 6: Place a moratorium on all financial aid to other countries and/or governments, creating a policy statement that is concise and readable by laypersons explaining why the foreign entity needs taxpayer monies.
Included in this report; what, in general, this government spends the American taxpayer money on.
Step 7: Complete re-engineering and re-tooling of the military services to reflect the twenty first century challenges.
Example: One F-35 at the cost of 25 Million can be taken out with regularity by a ground to air missile, operated by a village idiot, at around a 100 Grand a piece.
Step 8: Create the American Foreign Legion.
Yes, just like the old French Foreign Legion.
Trained and led by our veterans who want to live the military life and still wish to lead men in battle.
The ranks of the Legion would be filled with those on the fringe of American society who would do military service instead of prison or other unfortunate circumstance.
Illegal immigrants should in all cases gain citizen status upon completion of military service.
Step 9: End the stupidity of Afghanistan NOW!
Step 10: End the uncertainty of disastrous military conflict in the middle east.
Declare, philosophically and categorically, that the United States of America is NOT willing to destroy the world in nuclear death based on the tribulations of certain tribes of people that live in the middle east that have been at war since before recorded history.
We will support democracies based on conditions on the ground, but the response will be measured by the importance and impact of intervention.
BTW – For all the hate I will get for that last one, remember….Israel has at LEAST twenty very accurate nuclear armed missiles ready to go if need be. They can defend themselves against any nuclear threat.
I actually think that you have hit the bulls eye mostly with this post. Solving the federal deficit is going to have to have a number of revenue raising steps as well as cutting spending for the military and entitlements. Nice job.
You can't lead when every plan is fillibustered. 378 to be exact. More than all past administrations by a land slide. Of course you will never hear that from what you listen to.
After the election in 2010 when republicans duped america as the party for jobs. Mitch Mc Conartist finally told the truth. Our main agenda is to make Obama a one term president. Any thing he would get credit for got crushed.
no thanks..we dont want that car that went off in the ditch
Hot Tub Time Machine?
Like....The Beave?
LOL!
hahahahaha
why do the rich want more well fare money..from tax breaks
who wants to give bush and Cheney more tax breaks
who are free loaders to you tea nuts now..its not the bum on the street..its union workers huh dummy
thats the free loaders you are talking about huh
Leave Social Security alone and make every one pay into Social Security with no cap. End Subsidies to big oil. Cut Military budget. Tax the Rich remove the loopholes for the Rich. Cut retirement benefits to the Senate and House and cut their pay to one half of current until We are over the debt crisis. Take their medical give them the same medical care we have.
the rich created this rescission...it all started with Enron..THEY TESTED THE NUT WHO WAS ON THE JOB..WHAT HE WOULD DO..NOTHING..THAT'S WHAT THEY WANTED..A GREEN LIGHT
Your party is BSing you. They want you to believe it is our people and it is really the wealthy that are getting the gifts.
now they want us to pay for there mess
you folks, and those in Congress, with your 'sides'...
I have one side - America.
Cut the brinksmanship horse crap, do the job, pay the piper, lose the 'extras'...
The Republicans do want us to be like china cut cut cut...low paying jobs and no health care for no one..beans and rice until you die
The freeloaders are the billionares and coporations that don't pay any or few taxes.7.9% of Americans don't pay taxes that are non elderly (Yet they still pay sales taxes) because they make less than $20,000 a year or are the extremely wealthy.
If the world truly does end on Dec 21, 2012....
I am so blaming Dubya....LOL!
we can party like its 2000..Y2k for dummy's
nah it wont happen the tea nuts have Obama 2016...they can eat there left overs from 2000 on Obama's day.of the end..they can predict the future..yep tea nuts
10.3% are the elderly . 28.3 percent pay payroll taxes because they don't make enogh to qualify for income taxes That is your 47% The first 1% of the 7.9 are so poor they live on the streets or are part of the top .05% who do not pay any taxes.
you have been right on everything you have been saying
Willie you sound like a great guy but you got your info mixed up. The top 1% is raping America and blaming it on us.
he goes in hiding when i get on the vine
It sounds like Willie has sold out to the right wing lie machine
Rupert Murdock split our country so bad He is the evil one.