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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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Here's the problem guys and gals... And this is coming from one of those so called 2%r's. a LOT of us live in very expensive blue states where our taxes are already skyrocketing. Jan 1 we are looking at 52% of our income going to taxes. Add in any increasing by the Feds and its ridiculous. To be clear, yes, by ways of our LLC and my husbands income from his 'real' job we do barely cross that threshold that puts us in that category. We squeak by every month trying to give our kids a decent life in a SAFE place. We do not drive fancy cars nor do we live in a huge house or wear expensive clothes.
Even as a Republican I agree that taxes should be raised on high earners but, someone please tell me where I'm supposed to be on board with paying the same tax rates as someone bringing in millions? Perhaps if the democrats would take cost of living into consideration and increase the income from 250k to 500k they would get more support. Problem is that they are way to interested in punishing the so called rich, they forget that we aren't all the Koch brothers.
President Obama will "grow the middle class out" to include those making $500K; a concession to his large constituency in CA & NY.
Why President Obama hasn't been able to produce a budget.
http://www.youtube-nocookie.com/embed/EW5IdwltaAc?rel=0
And yet President Obama doesn't want to put entitlements on the table.
He will never put anything on the table that could hurt his precious 47%. In the meantime he will continue to punish those successful in order to create this so called equality he thinks is right. I'm not interested in any politician that is telling me over and over again that lazy ass entitled ppl deserve even more of my hard earned money. Oh and to be clear, I'm talking about these 'entitled' democrats screaming about how they want their payback for keeping him in office and those ranting about how great he is for giving them free phones.
Really? Really! OMG no wonder our country is in such a mess. Get an education pleeeeze!
If Boehner does not compromise with the president, there will be trillions in new taxes more than the president is asking for. Get with the program Boehner.
But is we go over this cliff they created, they will get the blame from the voters, but they will be good with their lobbyist, which is the only thing that worries them. Can we say between a rock and a hard spot? I also think they created it, it didnt exist till they did so I have no sympathy none at all.
It's going to take some time to get this country back in order. After Bush and Cheney looted the country, no one was left with any money (401, savings, homes, etc...). Now the repubs want to finish us off; taking away the last few things that actually help. Where are the jobs that the Bush tax cuts created. Why hasn't anyone asked that question. It's beginning to be too difficult to live in this greedy, selfish, expensive country. We see it everyday, people are loosing it.
I have been in business and self employed for decades. From a practical standpoint I don't see where Obama has anything to gain by dealing with Republicans. What they want is to weaken social security and medicare and they want Obama in it to give them cover. If we go over the fiscal cliff because repubicans refuse to raise taxes on a small percentage of the public after voting to fight two wars that were not paid for and deregulating the financial industry Obama will get none of the blame if he holds tight. At any rate, cliff or no cliff he will still be president. If there is a financial disaster he will be dealing with a new set of repubicans the next go around. There is more than enough blame to go around for this mess but in politics perception is reality.
Ok voters, you got your guy back in office. Now is he going to step up and negotiate so we can avoid this mess? Ball is in his court. We're waiting for action and results- the results we were all promised if re-elected. Did you cast your vote wisely? We'll see!
Where are the details of the GOP proposal??? How will the revenues be raised? What cuts is the GOP proposing??? The American people NEED to know about all this before they can decide what to support? Seems to me that Boehner is keeping all of that secret---- which also means that it's gonna get a lot of people angry!! HHHMMMMMM!!
BTW, if the last 3 GOP presidents had NOT signed TWENTY deficit riddled budgets AND saddled Obama with a $1.3T deficit BEFORE he took office, WE WOULDNT HAVE A DEBT CRISIS!
The GOPs new proposal is to pass a law to make it illegal to be poor. If you remain poor in excess of 30 days after this law is passed, you will be deported to Mexico.
I don't believe Boehner is acting in good faith, not for a minute. Where are the details? Boehner is still pushing the GOP's "polecat" agenda: shielding the obscenely rich from a higher tax bracket and chipping away at decades of social legislation designed to protect the poor, sick, and elderly from the scourge of dire poverty. If we accept the Boehner proposal and begin dismantling social programs going back to the New Deal while at the same time continuing the cushy Bush-era deal for the super rich, we will resemble a third-world country, instead of the America we knew.
Correction, please: Boehner isn't making a "new" fiscal cliff offer. It's still SOS, just like all the others.
Social Security is an entitlement and if not for the government raiding it and giving it away to people who did not deserve it would be self supporting. The government gives away so much in just the form of SS disability income it is unforgivable. I have seen so many of these so called 100% disabled persons doing harder work than I can but they are getting a check to sit on their fat behinds because they got over on someone. The government has given funds from SS to people who have never even paid into it and now they want to hurt the people that have paid into for their whole lives when they could have done much better in the private sector????? It is the government stealing from us and it is about a bunch of no brains voting them in because they have been promised something that can never be delivered. How gullible are you idiots that voted in this prez. And you keep talking of the huge amount of revenue that will be raised with the prez's plan. Well look closely that is ANTICIPATED revenue but based on those highly questionable revenues he will try to add spending to cover all of what he says he will raise and I can guarantee you those excess revenues will never come to be. Are you people stupid you have seen it so many times before. I remember when MN raised the tax on cigarettes and immediately went out and spent all that ANTICIPATED revenue before it even came to be and then of course since the price was so high in MN many starting going to IA and WI and SD to buy cigarettes so the revenue never did come to pass. Also many retailers felt a huge dent in their sales just from the reduction in cigarette purchases. The government is not business oriented and does not know how to run a business so why are the people stupid enough to vote in a bunch of idiots who have never run anything before to run this great country. It is simple common sense math. You can not spend more than you take in and if you have a bad year of income you offset by cutting costs. Sure some people will get hurt but there are plenty of people already hurting and suffering. Everyone in the US needs to give up something to make this work and it should start at the top. These crooks in DC need to put a freeze on their spending which includes all the fancy little perks they receive. Prez keep you and your family home for a change instead of spending millions on a Hawaii vacation. What makes you think you have that right spending tax payer dollars when so many are suffering. DC and everyone there needs to get a heart followed by a brain.
Unbelivable, this is the worst president we ever had, lied, broke the constitution many times, taken the country 16 Trillion and counting in debt and we the people voted him back in. You get what you voted for and we are screw for the next four years
Gene, I'll put a challenge to you like I have a hundred times to other nit wit remarks...
Give us examples of which amendments/articles that the President has "broken".
Naturally like all of the other shallow thinkers, you'll have nothing to offer. Just blabber that you pick up from the idiot radical talking heads.
Chip as originally written obama care was unconstitutional and it took the rewording by the Supreme Court to make it not but then obama had broken one of his campaign promises and raised taxes on everyone. How many times can you think of where people take an issue to court and instead of ruling yea or nay the court tells you how to fix it so it can work? And the executive order dealing with the status of some illegal immigrants was not exactly in line with the way the Constitution allows for the handling of illegals. But it easy to overlook certain things when you absolutely think you have made a right choice.
bobm, you're wrong... SCOTUS ruled that the fine was not a fine but a tax.
He raised taxes on everyone? You'll need to explain that one.
Your statement regarding is a non-starter since no legislation has been enacted on immigration.
It's easy to overlook facts when you're not vetting what's being fed to you.
Bobm, the people made a choice in November ~ they in majority believed it to be the right choice. It is the absolute right for losers to whine, complain, and offer self-serving arguments ~ but the results of the election are very well established by that same Constitution you reference. It is not offered on a cafeteria plan, Bobm. Its an all or nothing document and if you reject its provision for election outcomes, you by extension reject the entire charter. You lost. I expect you to feel badly about that ~ but after 30 days of official mourning by the GOP its time to move on.
Chip you are exactly right and that is what I said---SCOTUS changed the fine, which was unconstitutional, to a tax which went against obama's promise not to raise taxes on the middle class--exactly what I said. It raises taxes on anyone who does not wish to purchase into his insurance game whether you can afford it or not. Isn't that passes a tax on to everyone? You are correct also in that their has been no legislation on immigration however the prez did enact an executive order in June of 2012 which halted the deportation of illegal immigrants who came here as children and met certain requirements. What certain requirements can be met to make someone who is here illegally not be in violation of our immigration laws???? This is stupid and just proves the point of how out of control our government and this prez really is---how can they change the meaning of illegal???? And Jim I didn't lose in the fact you think I voted GOP. I really hate it when people are deemed either a dem or a repub just because all of our ideas aren't the same as yours and you obviously consider yourself a dem. My mourning is not because one of these 2 crooked arse political parties lost it is because the United States lost.
bobm, if we're going to get "technical" it was SCOTUS that rasied taxes.
With regard to illegals, we can't overlook the fact that this current administration has deported more illegals than any other administration on record. Many, many, many more than the previous administration and yet President Obama carried the vast majority of the Latino/Latina vote.
As far as the children, many Republicans supported that openly.
See how easy it is to make things appear the way you want them to. No the SCOTUS did not raise the taxes the prez did. Even though it may have been not intentional there was a choice to start over with the health care reform or let the ruling stand as a tax and not a fine---the decision was made and it is a tax in a health care issue the prez promoted. And yes maybe the repubs did support this that wasn't my point but you do prove another point I have made. The point is that the prez took it upon himself to circumvent the Constitution and implement something that would make him look good to a certain portion of the citizens in the US and help HIM get re-elected when indeed a good number of repubs also supported the issue but this was not made so apparent prior to election time. The point still stands only now you have proven that both repubs and dems don't care about the Constitution they only care about moving forward with their own agendas.
We should because it is not a fact. According to statistics from the DHS & ICE hrough Aug 2012. even with creative math*, the Bush Administration deported 30% more illegals than the Obama Administration (2.1 Million vs 1.4 Million).
* during 2011 & 2012 Returns were counted as Removals (aka Deportations), prior to 2011 returns were counted separately.
Same old same old. Nothing new in this "new" offer. Still ranting about entitlement cuts when the election just decided the issue. We're going over the cliff. I don't think the debt ceiling hostage-taking is going to work very well for the republans either. Neither will holding tax cuts for the 98% hostage for the sake of the richest among us.
Sorry - double post. Spice Weasel error-related.
We could cut our military spending in half and still spend more on "defense" than any other country on earth. What do you say we start there since I don't seem to recall having a line on my paycheck where they deducted military spending. I'd rather have retirement benefits and health care when I'm too old to work rather than pay for a free rent-a-cop service for multinational corporations and nations that hate us.
Talk to the Hand...
It's pretty clear you haven't paid attention to how your own government works. What do you think the purpose of a budget targeting savings does? Of course it targets both projected increases and savings. Have you ever done an actual budget?
And if a person plans on an increase and it doesn't come that person nas the same choices that the government has and that's to either go into debt or make adjusts. Or as the government lkes to call it, appropriates funds from other areas where surpluses exist.
And please, say hi to Boehner after he lapses from his coma...
Well then Chip this should be even more evidence that government can not do anything right. The government has failed to see any increases but they continue to spend and not make any adjustments. In fact in many cases they spend more thinking they will buy their way out of debt--stimulus spending. Tell me if you as a family have 2 incomes and all of a sudden you lose one what do you do---rush out and get another credit card and and buy a bunch of stuff hoping this will get you out of debt or do you look at some spending issues and see where you can cut costs--like cutting out extravagant dinners or movies or new cars etc. Why should the government be different and why should we give them a credit card with no limit on just so they can spend more. It makes no difference to obama if we go over the cliff because then he will get the much needed money he needs to continue his spending spree but dems don't want to look at it that way they just want to blame the repubs who couldn't care less either because if we go over the cliff they get what they want also cuts in spending and taxes on everyone and no increased debt ceiling. If you look at it seriously we do need to take the dive off of that cliff because it is the only way we can recover and the only way we can get these heartless jerks in DC to either set down at a discussion table or really prove to all voters dems and repubs that they are all worthless and only care about more money, more power and getting re-elected.
bobm, comparing a family going out and getting another credit card to the stimulus is a non-starter. The stimulus was designed to, and by all credible accounts, was designed and delivered the country from collapsing into a depression. The comparion you are making is far from an applicable comparison.
The government's and a family's financial dynamics are certainly far different from each others'. That's like an apples to marsupial comparison.
No chip you choose to make it that way in fact it is a very good comparison. You do not spend what you don't have on the anticipation of receiving income that is not guaranteed. Yes the stimulus could be good if it were properly researched and spent in a reasonable way however when the majority is spent just to appease those who contributed to your campaign funds or that supports your political affiliations it is nothing more than a bribe or a payoff for favors. Indeed the dynamics are far different however the fundamentals of a budget, which you brought up, are exactly the same, you try to make a plan to not over spend what you intend to receive in income and if you do over spend you make adjustments by cutting out the fat not adding to the pig.
bobm, first of all lets settle this question... SCOTUS did not find the ACA unconstitional. All they did was to find the fine was a tax, period. The entire ACA is uncompromised.
Your comparing a family's finances and government finances is totally bogus. There are no relevant comparisons, zero...
The SCOTUS did indeed find that the original wording of the law could not be upheld under the Constitution under the commerce clause because individuals can not be forced to purchase insurance but then the court did a little hocus pocus and changed the interpretation of the wording and said if this mandate is deemed a tax rather than a penalty it could be enforced. So the SCOTUS changed the intention to make it legal---look it up. And again you miss the point I said I agree the finances of a family are not the same as the government I merely pointed out a fact about budgeting that you had brought up earlier and they are the same. You cannot spend more than you take in without making adjustments to lower your spending when your revenues are lower period end of story. Obviously I understand the dollars being spent are different but the concept of a budget are the same---you identify your revenues and you identify your expenses and you must do your best to balance them. It has been so long since the government has spent within their means and have what even closely resembles a balanced budget that people just can't comprehend the concept. So there are many relevant comparisons it is just that people have been duped for so long to believe that the government has to spend beyond their means that we just take it for granted and then when the spam hits the fan these parties naturally all want to blame each other. Truth is both of these parties and their partisanship have ruined are country and it is all politics to get richer, more powerful and re-elected.
What happened to the news blackout?
To all parties: Shut the "F" up and just let us know when the back room deal is done.
Meanwhile, do your job.
Boehner best hurry! He's planning to be drunk from now until Xmas and then in rehab until Jan! It's his traditional Holiday.
Will the Orange One understand the FACT that the GOP/TP LOST in Nov? And will they stop trying to screw 98% of the public?
Herron you know the old saying, "Rehab is for quitters!" <smirk>
Boehner and his GOPers plan to take this to the wire ~ then accept the Obama proposals virtually unchanged. it is the only choice they have. Going off the "cliff" will not be immediate disaster but thanks to their incessant preaching of that message, it will have a psychological impact. If Boehner plans to use the 'debt ceiling' as a tool, he might want to consider what happened the last time GOPers tried that approach. This time the credit downgrade will be universal among ratings agencies, driving up interest on federal debt service. Tax increases for the majority, sequesters of federal spending, and a potential government shutdown will be results of Republican recalcitrance and the vast, vast majority of American will affix blame in that fashion. Good luck with all that "leverage," Johnny and Mitch.
One way or another ... the piper will be paid.
"Fiscal cliff" is not the best description. I like to think of it as the Advent of Fiscal Responsibility.
If you don't have the funds to pay for something, you ... you guessed it ... do without.
Joe:
The question is.............. WHO is going to do without, WHO is going to pay for the fix??? Will it be the poor, the elderly, the sick and children who had NOTHING to do with this debt crisis? Or, will it be the wealthy,corporations and people who directly benefited from this tax cut and spend policy of the GOP over the past 30+ years? Hoe the HELL is it NOT treason to endanger the US national security, our financial stability and economic future just to attain a political goal????
The GOP has absolutely NO MORAL AUTHORITY to talk about "fiscal responsibility". This crisis is the result of THEIR policies to run the government out of money so they could force privatizing of SS and Medicare and hand all that money over to the same people on Wall ST who crashed the economy! BRILLIANT EH??
Joe....
Who paid for the tax cuts in 2001 and 2003? How about the unfunded wars from 2001 to 2008? How about the unfunded Medicare Part D?
The GOP TP clowns never cared about these, now did they???
look to Obama's budget proposals to see the definition of unfunded. Democrats opposed these cuts, are you to say they are for these cuts now? Don't democrats argue that lower taxes do not help the economy?
Givem hell big O
I'm with Tom. They crashed us on purpose. Two wars and free pills for their base (part D). A massive tax cut for the wealthy, and, let's face it, no way to pay for any of it. We could have rebuilt the towers 1000 times with what we spent on the wars in Iraq and Aghganistan, and the first one was completely unrelated to the latter. No one has given us a reason publicly why we went into Iraq other than what some @!$%# obviously hired by the Republicans told us from a taxicab window. All the other secret services, Israel, Britain, France, they all said there was nothing there and there was NOTHING THERE. Just Shrub's pride.
Do you remember George Bush? Do any of you remember the biggest idiot who ever held the office? Nearly bankrupted the Texas Rangers? Kicked upstairs so hard he had the power to kill 100,000 innocent Iraqis and force democracy on a desert people with no resources? Gave them a bunch of ours to make of for it, and couldn't catch the man that started it all with the full might of the US Military?
These are the bastards that put him up there. @!$%#em. They lose now. Tax cuts for the rich? @!$%# you. Another war? @!$%# you. The new war is on the poor and it's just an old one they're about to ramp up. Cost shifting to states. Higher healthcare premiums. No services. AWWWWWsterity means AAAAAAWE too bad.
What we need is trains to run us around the part of the country that voted us into this mess. LA to Ft. Worth to Talahassee to New York to Chicago to Portland and back. The republicans are doing what rich folks do. Hunker down and wait for the fur to stop flying, then declare victory and sell someone something.
AvailbetweenNC
You should read up a little bit. Nothing you have said has any truth to it.
Good Post....And very true!
For people who believe the political rhetoric that dems are for the poor and the GOP is for the rich doesn't that seem a little easy for you. It can't be that easy but this does make it easy to make the glaring differences between the 2 parties doesn't it and it does keep your tiny little minds bickering back and forth over such non-issues that it is just amazing to watch. Repubs lean towards no abortions so woman tend to vote more dem---how many of you will be getting an abortion in the near future?? You're voting a principle which sounds like the thing you should do but deep down everyone knows neither party is going to do anything to address this issue differently. Hispanics believe repubs are against immigration issues so this last election they voted dems because they think the dems will change things. What can the dems and the prez possibly do but sidestep the Constitution and allow more illegals in to the United States to take the jobs that legal immigrants are now doing--how does that work for you. The whole point is that most Americans want the same thing. They want to be able to work and reap the benefits of that work. It is a very easy common sense approach to living however these 2 parties want to bring up all of these differences to try and divide us so they can keep their agendas going. Do you really believe that every person who wants to vote repub doesn't want to see the rich pay their fair share and doesn't want to help those who truly need our assistance from time to time in the form of unemployment or food stamps or housing assistance??? And do you really believe everyone who votes dem believes in gay marriage and abortions and allowing illegal immigration??? People have diverse needs and they cannot be served by one of these crooked parties or the other and it is plain to see that these parties have gained so much power that every issue is now becoming a politically partisan issue rather than a common sense for the good of the citizens issue.