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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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I'll give you the figures again if you want them.
Hey Elvis long time no talk. Remember me. Repubnomore, Greedy One Percent ?
Two others I can't even remember anymore.
Hey everybody Peace and One America for all. Good night
Into the abyss, fallen off the cliff, from a man made perfect plan....sequester.
YeHawwww!
Correct me if I am wrong....but isn't the reason we elect congress is to decide what spending cuts are to be done. The bill goes to the President and he signs or vetos the bill. It is not the job of the President to come up with the spending cuts. Is that why we elect congress to make those decisions.
They did madbl. 18 months ago, called the fiscal cliff, and it becomes law in 19 days.
Whatever congress passes in the way of spending, the President has to sign off on . . . THAT is what these negotiations are all about.
So,.. orange johnny still has no clue which "loop holes" he's going to close eh???
How shocking...
Let's start with willard's "dancing horse" deduction..
Geez..just let the cliff hit. All taxes will go up. Then if they cant balance the budget...what next? It is all smoke and mirrors. They will never balance the budget or stop the ever increasing national debt. Or just give Obama what he wants. Then if unemployment rises or bussinesses fail cause of increases in cost... he can still blame Bush.
“If the president doesn’t agree with our approach.....Boehner's words...they(GOP) are going to scratch and claw like a child clinging to a wall who doesnt want to go to his room.....doesn't agree with our approach???, Hey pal, you guys LOST!! Boehner is using his OWN inaction again the President, claiming that Obama will not give specifics on spending cuts at the same time, not giving specifics on what tax loopholes the GOP is willing to close, I really hope Americans can see thru this shell game. The House is a disgrace, How someone can continue to protect the wealthy at all costs, even when a large percentage of Americans are ok with it, and using the debt ceiling for fake leverage is a outrage, what??? downgrade our nation's credit rating again?? The GOP is at the height of insanity...
So KD you condone us running Trillion dollar deficits each year? Because last I heard, nothing on the table from either side makes much difference in our deficit in years 1-4. I'm not saying I agree with the GOP plan, I don't agree with either. I think the best deal on the table is the fiscal cliff, a bipartisan agreement that the President signed into law 18 months ago.
Throw in taxing dividends and capital gains as regular income and I think we've got a balanced budget.
And I agree that SS and Medicare are self-funding entitlements -- so why hasn't some of the discussion been around raising their individual rates?
Man this Boner is really in the pockets of the Koch brothers, etc. Any move toward Clinton-era tax rates for the rich completely off the table, and he's trying to spin something about cooperation? Yeah that should work. It's hard though not to forget just how dumb the people who vote for guys like this are.
C'mon Bill we are headed right to the Clinton-era tax rates for EVERYONE. What's so bad about that? I seem to recall hearing that the Bush Tax Cuts only benefitted the wealthy anyway.
Has anyone heard what the projected deficits are for EITHER plan on years 1 through 4? I sure haven't. My guess is upwards of 1 Trillion again. At least with raising the rates back to the Clinton era and the sequestration cuts, we'll make a huge dent in the deficit. We can't afford the $16 Trillion in debt we already have!
you two chowder heads dont seem to realize - the Bush tax rates were for EVERYONE
PC/NUT....
Right....just like the tax cuts on the first $250K of people's income that Obama would sign tomorrow would be for everyone.
"dr" logic (thats funny) - obama - the turd could sign that this instant if he wanted to -but of coarse - the turd doesnt. little obama is holding the middle class hostage - and dunces on the left just havent figured that out - the Republicans are protecting YOU - you clod
PC/NUT...
Wow, what planet do you live on? I mean this in all sincerity....you are genuinely crazy. Or, you are so pathetically misinformed you don't realize a bill must pass BOTH houses before the President can sign it into law.
I also love it when you call other people's intelligence into question while simultaneously using "coarse" instead of "course"......rudimentary 6th grade English class should've taught you that one; and you expect us to take you seriously when talking about detailed debt negotiations?
By the way, with all your references to "turds".....I'd guess you're constipated?
DoctorLogic,
You basically ended up where I started,
except I didn't waste my time making valid arguments using facts and reason with someone like that, not that I don't like seeing that there are some people out there who can think. But you see what a different world a Fox News watching "I won't watch anything else" person lives in.
why is Bohner bothering at all??obama - the turd WANTS no compromise or agreement - obama wants to tax EVERY strata - the dunces who voted for him convienently forgot that if obama - the turd got his way in 2010 he would have slammed EVERY tax bracket with obama tax hikes - the Republicans saved us from that. The dunces who voted for obama - the turd are in for a really rude awakening
PC/NUT....
Do you even read the text of the article? It is a really short one written at about a 4th grade level...you should be able to handle it.
From the article:
The President moves toward compromise with a new offer of $1.4 trillion....and the GOP doesn't move at all. Ironically, Boner is asking for what spending cuts will be made but he himself won't say what loopholes will be closed to raise his supposed $800 billion in revenue.
Plus, let us not forget that by a 2 to 1 margin, people would rather see taxes on the wealthy go up than entitlement programs cut.
To the conservoclowns on here.....what exactly are you supporting anyway?
Nice above the board comments, Wad, the turd. Framing your ideas in scat is what they amount to.
pres. obama is behaving with the air of what bill clinton said in 2000..."the republicans will say and or do anything to have their own way". pres. obama just wants all the attention on him, when the budget is about ALL Americans, not just the rich, but the middle class AND the poor. but all those tasty george w. bush tax cuts, the rich salavate over and don't want to give up. come to a decision now pres. Obama and lets get the country back on track and the spotlight off of...YOU!
Are you even following what is going on or just reading the headlines of articles? Your comment is a bizarre one.
Until such time as people have to take personal responsibility for themselves and their family nothing is going to change..Free food, free housing, free cell phones and free paychecks..Why should they work. Teddy Roosevelt said it best." To end poverty, you must not make it comfortable." Obama cannot change..He owes his election to the newly added 15 million on food stamps, most of whom don't have a legitimate claim and are gaming the system..add that to those that went on disability with such things as mood disorder and get to the bottom of his agenda following Sol Alinski's teaching that to bring a country down all you need to do is promise and provide more entitlements than the working people can pay for. Looks like that tipping point has been reached..Ben Franklin said it best.."Once the public realizes they can vote themselves money from the public treasury the republic is lost." The leeches have learned their lesson well, huh. Oh, btw, leeches don't care if it is liberal or conservative blood they suck. If you work for a living you are at risk.
Right!!!! Nothing is more "comfortable" than living on poverty-level or less wages.......nothing is more "comfortable" than living without healthcare (actually, that'll be changing).......nothing is more "comfortable" than having to make a choice on eating for the day or paying for heat......nothing is more "comfortable" than not being able to buy your kids Christmas presents.
Your comments are not only stupid, they are insulting. But, as I've told others before.....if the poor have it 'so good'; why don't you ride that gravy train? If they have it so good, you'd be an idiot for not doing it...right?
What evidence do you have of this?
Well, if that's the case....you dimwits lost. Your side was crushed in November....
The 15 million new on food stamps came to us directly from Republican policies Bush jr.
implemented that crashed the economy (Just like Reagan did and Bush Sr did) So,,,,In
that context, YES Obama owes his election to those Bush put out of work, Out of their
homes, OUT of the Republican party forever.
Reagan (The Republican economic icon) actually coined the phrase "Worst Recession
since the Great Depression" before raising tax rates back to a minimum in the 80's.
Republicans have NEVER created a balanced budget in American history regardless of
entitlements,,,,Which by the way Grandma and Grandpa worked 40-50-60 years to be
entitled to Medicare/SS,,,,Welfare actually equals about 1-2% of our National budget)
and does not include enough IN TOTAL to make a dent in the deficit)
WAKE UP!!!!!! The Bush taxcuts alone equal over $500 billion, Over 1/2 of the deficit
and also 1/2 of what Republicans claim "Obama" has added to the National debt
Subtract the Bush wars, The Bush taxcuts, and the Bush Military budget increases and
we HAVE NO DEFICIT!!!
This is the GOP's dirty little secret. Well, it really isn't a 'secret' to most of us rational thinking folks. This is nothing new, however.....if you look throughout recent history, it was GOP Presidents that ran up debt and created this horrific issue. Then, Democrats came in and cleaned it up.....then the GOP comes in again and makes a mess of things. When GWBush left, there was a $1.2 trillion deficit....in 2013, the deficit is projected to be $900 billion. Obama actually REDUCED the deficit while also saving the economy from depression....that's pretty good stuff.
The cynical portion of me says it almost seems as if the GOP is doing this deliberately(remember the 'starve the beast' mentality).
But, the dolts from the right will drone on about "tax and spend liberals" while every number and statistic (if they bothered to look it up) contradicts everything they say and CLAIM to care about.
Wad, blah, blah, blah. Personal Responsibility. Try to have responsibility when there are no jobs out there. When there are no full time jobs, just part time. The fat cats are stacking up their money and not investing in business. They have their trust funds (ala Romney), but don't start new businesses or expand the ones that are functioning. We aren't leading, because of these rich kids. There's the responsibility and the chance to make more money, not sitting back on their haunches and going out to play golf every day.
"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"
I'm pretty sure there isn't a back alley beggar in Istanbul that doesn't know what Obama is willing
to do, But Republicans (especially Bohner) do not? Screw it, Take us over the cliff, Republicans will
never figure out, Obama IS NOT going to screw his Grandma in order to give taxcuts to billionaires.
The other thing that has not been covered nearly enough is the fact that spending HAS been cut from the 2010 deal and the 2011 debt ceiling debacle (to the tune of over $1 trillion in domestic spending). Boner got his Christmas gifts early and opened them....now it is Obama's turn to open his.
In addition, I don't see how Boner gets away with making an offer that has $800 billion in 'revenue' but doesn't even address how that revenue is raised.....and he is asking Obama for specifics? Give me a break.
But, this is classic GOP politics.....muddy the waters and get everyone ****ed off and hate government. They win either way (in their eyes)...if they get their way, they win the argument....if they don't and government looks completely inept, it feeds into their narrative that government is useless.
Hello Bo, have not seen you since before the election. What happen to the ugly GOP'ers? NAZ, Hot Daddy, and others with the vile and nasty comments?
we're here , huckleberry
Ignore, NOT. He has no ideas, just vile bile.
you little libs are good at ignoring - things like facts - your very good at ignoring those, and truth, and anything resemblinb REAL news - its no wonder obama looks good to you
Example?? Oh, that's right.....you are the same guy that said Obama could sign the Senate bill that the House won't vote on into law.
Let me speak in a language you can understand: Coo-koo......coo-koo......coo-koo.
republican just don't get it the 98% are not going to pay anymore for the 2% Do we need to fire all the republicans before they get it
Golf...
Yes.
ha ha ha - the Republicans were re-elected handily into the house to do EXACTLY what they are doing - protecting the middle class from more of obamas unsound policies - you dunces should thank them.
NOT, we need protection from the Rethuglicans, not the Prez. How anyone would think otherwise doesn't read, doesn't think for themselves, thinks about dunce caps...
the "prez" put us in the deepest debt in the nations history - a fact, the "prez" got our credit rating down graded for the first time in the nations history - a fact, the "prez" has increaed the size of an already bloated and far too large government - a fact - maybe son - YOU need to do some reading BEFORE you post - that way - you wont look like such a boob
Are you dishonest or just plain stupid? FACT: in order to get the debt ceiling deal done, Obama offered the GOP a 10 spending cuts to 1 revenue addition and the GOP still walked away. Obama got us downgraded? Give me a break!
Obviously, you are in the minority on this one because guess who is still in the WH!
It is appearing as if even conservative followers are having a difficult time defending Boner and the GOP. Usually by now there is the usual litany of mindless drones blabbering on about how liberals are socialists.
maybe if "dr" logic(thats funny) actually read a little about obama - the turd - he'd know that obama is an admitted socialist.
PC/NUT....
Right! Like the health care law that utilizes PRIVATE insurance to insure the additional 35 million people.
You obviously have no idea what a "socialist" is.....
And Boehner would all about slow walking. We're in this mess, because the GOP drug their feet for years.
wrong - we in this mess because of the reckless, wild spending of the democrats
PC/NUT
Spoken like a true FOX "News" viewer....short, clueless, and lacking detail.
Here's your chance to redeem yourself....tell us EXACTLY what spending you are referring to? Or are you claiming the two wars started in the early 2000's are Obama's fault?
Hahahaha,,,Been reading Not's post,,,,,,Can anyone possibly be that misinformed about EVERYTHING??
Tell me Not, If we subtract the cost of the Bush implemented spending, How much has "Obama" added
to the National debt??
Subtract the Bush taxcuts,,,,,,,$500 billion per year or,,,$2 trillion from "Obama's" debts
Subtract the Bush wars,,,,,,,,,,,$400 billion per year or,,,$1.6 trillion from "Obama's" debts
Subtract the Bush military budget expansions
Obama has added NOTHING to the National debt, PERIOD
Bo....this is when PC/NUT signs off....but, he is not different than any of these other right wing wackos. Whenever pressed for detail or to actually pose an argument, they mysteriously disappear. It shows how truly disingenuous they are and how truly little they have in their intellectual quiver to argue with.
It is pathetic.
GOP needs to sit down and watch the great classic ( IT's a Wounderful Life)
MR. Potter = GOP................
You all Have a very Merry Christmas!!!!!!!!!!!!!
Seniors and entitlements should not even be on the line. How can you take from these people in order to make it fair to tax the rich. It just makes no sense.
The Republicans that are holding these programs as hostage will be kicked out of office next election. The American people are not stupid they can see through what they are doing. Their days are numbered including Boehner who is a wimp. If I have to go out and campaign I will be there to get them kicked out of office. They are destroying America. The fiscal cliff will be their last hurrah. So bring on the money and the rich. We still have more power We have the people.
And what are you going to do after you taken all the money you can from the rich and the deficit is still growing?
Can you spell G..r..e..e..c..e?
JJD-
So you DO advocate for a balanced plan like the one Obama's offering...right?
Keep in mind over $1 trillion of domestic cuts have ALREADY occurred due to the 2010 cuts deal and 2011 debt ceiling debacle.
By the way, you folks always like looking overseas for your examples......how is austerity working over there? They are in a double dip recession....we're not. When you think about it....it is common sense; a government contracts and takes MORE money out of a shrinking economy...gee, I wonder what is going to happen.
Doc - Cuts that are already instituted should not count. We're talking REAL cuts.
And Doc if there are any cuts as you say, they are only by not increasing to projected spending levels. In other words, not giving them any more money to spend than they ALREADY are over a period of time. They use that smoke and mirrors routine to make it look like cuts when indeed it is curbing projected increases in spending. It is not cuts, it is a freeze at best.
As Gboy lotsanumbers says, REAL CUTS are what is needed and wanted.
Talk to the Hand...
And how on earth do you classify "REAL" cuts vs budgeted cuts. Budget cuts ARE money removed from programs AND curbing projected increases in spending. You can split that hair as often as you'd like and call them whatever you want. They're the same thing... It's nothing more than a dog and pony effort on paper. Then one side or the other gets to gloat over the win or whine over the bullying.
And in the end, budgets and both the direction and the velocity (up and down) of spending changes over the course of that year. They'll do what they want with the money once the budget is in place.
What I am telling you Chip is that curbing projected increases doesn't count as far as I am concerned. Do you make your personal budget based on what you think you are going to get as a raise next year? What happens when it doesn't come? You need to keep yourself solvent and in fact if you are planning on retirement, may need to tuck some away and CUT spending in another area of your life to remain with your head above water.
It's easy Chipper. An agency has $1 billion to spend this year. Next year that gets cut to $900 million. Not frozen. A 10% cut. See how easy that was? Now, the agency has to find all the waste, fat, and nepotistic jobs within and save that money as they won't have it to spend.
Oh and tell Buffy hi.
Doc L,
Obama is not offering a balanced plan. His plan only reduces the rate of increase in the deficit.
Why do people think something is cut when it is not increased as much as they hoped (which is what the future is)? A cut is when I spend $10 this year and $9 next year. Is your grocery bill cut when you currently are paying $3.50 for a gallon of milk this year, you think you will pay $4.00 next year and only pay $3.90? No, your bill still went up...not down.
In this situation President Obama is much like the proverbial one legged man at an ass kicking and under those circumstances President Obama is at least holding his own.
Let me get this straight.....the Republicans are still sticking to the deal they struck with Obama the last time from a position of strength, then scuttled. Don't they understand that they LOST the election? Don't they understand that more than half the people aren't buying the BS about raising taxes on the rich hurting the economy? Econ 101 will tell you that taking money out of the hands of the poor and middle class(that spend almost every dime to live) hurts businesses more than anything else.........remember supply and demand? Rich people will invest only where the is a chance for a PROFIT.....the bottom line here is....if there is a profit to be made someone will try to make it regardless of the tax rate on that profit!
Greg, you got it correct, that is exactly what the regressive ones are trying to do. They don't think, (and that is the problem) that they lost the election, it's still status quo for them, and they will continue to say NO to everything.
And that will be their downfall.
I do not believe ANYBODY can believe Boehner .He has lied for TWO YEARS and done absolutely nothing.maybe if he laid off the Booze for awhile he might once again see reality. What a Loser ,nothing new for a GOP'ER but why does the country have to suffer from this GOON.
So basically a man with an approval rating of about 8% is holding up a deal for the entire goverment.vote,vote on your plan,vote on the presidents plan,He won't because he has no control over his house and so many repubs are jumping ship that he is not sure how a vote will go.I can't wait until 2014
The midterms cannot come soon enuff it seems. Obviously they didnt get the memo. The majority of voters agree with the president on the tax cuts for the 2 percent. You are seeing this bucking up against it because of the gop pledge to norquist. That is it in a nutshell. And as far as spending cuts, it is encumbant for the gop to name them one by one and they want the president to do it so they dont shoulder all the blame for it. This is the situation in a nutshell.
Pres says, hey you guys want spending cuts, name them and give numbers but Im not budging until you come off the tax cuts for the middle class and allow the ones for the uppers to expire, period. I guess they didnt understand that period meant no negotiation without ?
The gop blame obama as campaigning because he is taking the issue to the people, as he should do imo. But they have nothing to say when challenged with why these ads are hitting the airwaves with the message that Obama will not kiss their arse? Poor Poor publicans. Someone send them a case of tissues.
And the whole while this is being played out in the media, what are we missing? Things like union busting in michigan from a guy that basically betrayed the people who voted for him on a false agenda? Or the womens rights issues being passed into law because they are running out of time to do it? I think people are blind, yeppers I sure do!
Uh Linda, would you like to define the majority of voters? Didn't you mean moochers?
It was the 47 percent number that voted for your elite puppet? Obama got the majority of voters and if you call those people moochers, well it suffices to say that this says more about you than you know. I hear Canada is nice this time of the year Joe!
Of course the majority agree with taking from someone else rather than themselves. It would be interesting to see if the poll questions were framed in a different way whether or not the majority would agree with taxing someone else.
So keeping tax cuts for the elite that should have expired by now, and holding 98 percent of the people hostage to do it is okay with you I take it? Bowing to Norquist is a good thing is it? So lets cut programs the average person depends on and allow them to take the hit and keep those tax cuts for the upper 1 percent because why again?Give to the rich and take from the poor is the american way now is it?
Personally I think we need to go over that cliff. And I stand behind the president.
No, Linda, the tax cuts were set to expire for everyone, not just the "rich". Why don't you advocate for ending all tax cuts rather than just on a select group?
The average person does not depend on government programs in their daily lives, although it is getting closer and closer to half of the country being completely dependent upon our federal government. The founders would be proud...not.
Oh I totally agree with letting them all expire. Im good with that! The president ran on keeping them for the 98 percent and allowing the top tier to expire.
That is fact and the people are holding him to that promise and if he cannot keep that promise, they say go over the cliff. Period, and I agree if the gop tries to hold the country hostage over 2 percent tax cuts on the rich and want entitlement cuts to boot, that is not fair.
Come off the upper tax cuts and talk. But they dont want to do that and nor do they want to put in writing spending cuts that they want. Its on them to provide specifics and end those cuts, if not. No talk.
Bottom line is this, obama won the election on his policies, the people have spoken and they want the upper tax to expire and spending cut. Until the tax rate goes up for the uppers, we have nothing to talk about.
I got my parachute ready, do you?