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Subscribe to RSSNBC's Congressional Correspondent Luke Russert talks to voters about the fiscal cliff and the thing they would like to see most… compromise
President Barack Obama and House Speaker John Boehner, R-Ohio, met Monday morning at the White House in their continued efforts to reach a deal on the impending fiscal cliff.
"The president and the speaker are meeting at the White House to continue their discussions about the fiscal cliff and balanced deficit reduction," a spokesman for Boehner said, declining to release any further information about the talks.
The fiscal cliff talks between the president and House Speaker John Boehner have seen some movement, with the Republican leader showing some willingness to budge on the president's demand for tax increases on the wealthiest Americans. NBC's Kelly O'Donnell reports.
The Republican's trip to the White House came after reports this weekend suggesting Boehner had offered increased tax rates on millionaires and a one-year extension in the nation's debt limit. Those proposals, if accurate, would represent some concessions to Obama on the question of how to best resolve the combination of tax hikes and spending cuts set to take place at the end of this year.
Talks between Republicans and Obama appeared stalemated for much of last week, as Boehner and Obama each made and rejected new offers from the other.
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I agree... I wish there were a way to stop their pay. They are certainly not earning it- they are supposed to be looking out for the best interests of the American people- and this partisian bickering only stands in their way.
The people who arent lucky enough to get a pension ect,are the jealous ones,and use welfare to take it out on.
Must suck to be them,I love ax free VA pension,free healthcare,and I own a cash only business,
Haha hehehoho age 48 and I retire in 2013,for good.
Thanks to Thea's payers I'm set,oh and by ability to create my own business for the last 13 years
President Obama and Mr. Boehner sound like they're agreeing to play kick the can.
Boehner is nothing more than a puppet. Just like Romney would have been. The Republican party has become an ideology more than a political party. They are controlled by corporate greed and havnt had the good of the nation at heart for a long long time. It really puzzles me that regular Americans actually support this group of liars and thieves. People are so narrow minded.
the people must do with less to protect military wasteful spending ? the US military can't account for 2 trillion dollars in the past 20 yrs.we spend twice as much as the rest of the world combined in military spending.it is better for our economy to build a school and leave it vacant ,then to build bombs.
Republicans and Democrats should meet have way, this is 50 -50 of the total amount needed. This is Republicans should increase taxes from the 50% of the amount aiming of course on minimizing the impact on the lower and middle classes and Democrats should diced from where to reduce and cut spending of the other 50% also minimizing the impact on the lower and middle classes.
Well, today Obama offered up Social Security COLA rate changes. I can't believe he sold me out. You wanted my vote? I'm not going to supporting democrats at the polls. Obama also plans on cutting tax rates for the top earners and corporations in the fall of 2013, to below what they are currently. People need to leave the democratic party in droves and join Socialist Party USA. Lets reverse Obama bargain corruption, raise the earning cap on SS instead.
The President is doing what he has to do to pay the bills or this Country is going down !!!
Paul,
One word:
Loser
@ ...U.S.A:
Obama, can cut Defense spending by 3.7 trillion. Defense still owes from the two Bush Wars. A good debt collector would go after them for not paying their bills.
Barney Frank has some great ideas where to start giving the defense budget its haircut.
The Defense Budget takes up 51% of the annual discretionary budget. Imagine a home owner that spends 51% of their net disposable income buying new home security systems every year because they are scared ts time for a peace dividend for the people and not shreading the safety nets.
Its time to get the guy buying annual home security systems off the Kool-Aid.
@ Checkered...:
Obama won and has the mandate. Why is he acting like the wimpy cowardly scared democrat? Why no backbone? He has been bought. Look at the democrats anti middle class record:
Gutting Welfare,
Billions for Bankers,
No Help for Workers,
No Help for Foreclosure Victims,
Republican Healthcare Plan,
More attacks on Civil Liberties,
Afgan Surge,
No Prosecution of Wall Street Bankers,
Drone attacks on Civilians,
Support for Iraq Invasion,
Libya Intervention,
Syria Intervention,
Wall Street Bankers in Administration,
No help for Black Unemployment,
No Jobs Program,
Gitmo still open,
NAFTA.
Now he is trying to set up an entitlement austerity trigger for the 2014 elections with his criminal Wall Street friends. Trying to rob the Left and force us to vote democratic against our own interests, so cap-saps can offshore my 40 years of paid in premiums.
Socialism, Socialism, Socialism Now Wow! Socialism, Socialism, Socialism now Wow!
@ Paul_Kersey Well stated. That's a pretty catchy speil:
President Obama is bargaining because the military is going to take cuts? That's your average community organizer. He did win the Nobel Peace prize in his first 10 days in office for his leadership in ?
Speaking of the god for money and gun losers,the tea baggers and old redneck GOP sheep,will all be voted out bye 2020
And let's tax all them churches too
Ban all assult rifles,I did
God dam right wing militias,rednecks,mountain stupid hillbillies,tea bagges,all need a real beating
I left the NRA,after I left the GOP,,loooooooosers
Obama will do what is right
Paul
Go fawk your sister,,looooooser
@ Harleyguyvet
Hey Dip, Kersey's a winner. I say so!
Why do we need to spend 800 Billion more than we did in 2008 on the same income??
We are still paying for the bush wars
The Bush Wars were happening in 2008. Next excuse.
Slodon, and all of you other GOP deniers,
We are still paying for the LIES about Bush's Iraq War!!!
America, see how you were systematically lied to about the Iraq War. No, it's not some blog, it's the Denver Post !
http://www.denverpost.com/headlines/ci_8049600
So the Iraq War is over. Why are we spending 800 Billion more than we did in 2008?
Slow-Don
Clue up! Present links to verifiable facts to back up your baseless claims, or be gone!
Slodon, can you do it?? Of course you can't!!!
Another factless GOP loser.
Checkered
Care to point out where I'm wrong?
We spent 3 Trillion in FY2008.
We spent 3.8 Trillion in FY2012.
WHY??
http://www.whitehouse.gov/omb/budget/Historicals
Select Table 1.1,you will need Excel to read the spreadsheet.
Checkered--Where did you go??
There are you facts that you wanted.
There is the link to those facts that you wanted.
What is your answer now??
Slodon,
Obama put the cost for the wars on the books, and Bush didn't . Dummy up here:
http://www.boston.com/news/globe/editorial_opinion/oped/articles/2007/03/05/on_war_costs_bush_is_master_of_disguise/
Watch the costs of Bush's debacles escalate here:
http://costofwar.com/
Feel better?
Sorry, Slodon.
I'm cutting and pasting your last post to me back to you...
Where did you go??
There are you facts that you wanted.
There is the link to those facts that you wanted.
What is your answer now??
```````````````````
Slodon?? Are you there??
Enough of the troll crap.
This actually sounds like something moving in the right direction. So let's negotiate; set the line at $350k instead of $250k. Negotiate for 2 years on the debt limit. Then lets get some spending on the table. We need to come up with 4 trillion or we go back to the sequester.
No more unemployment. Let them build stuff like the WPA did during the great depression.
i am tired of us lower class people starving while our government lives high off the hog. if they want to make cuts they should start with their pay they don't do anything anyway except get their names in the news and take off the taxpayers they get raises every year while we struggle to live this government should be ashamed of themselves all they care about is themselves. start thing about us the taxpayers not yourselves you make alot of bad decisions for spending and laws and you also violate your own laws. wake the heck up already. you the government is the Grinch who stole Christmas to the poor
Even if Boehner makes a deal I doubt that the TeaBaggers will go along. Their policy is to do as much damage to the country as possible and then try to blame it on President Obama.
I don't like either of their proposals. Why not let the Bush tax cuts expire for everyone? Plus make dividends and capital gains taxable as ordinary income. Just with this, we've removed two of the common themes:
When everyone who earns income pays some sort of income tax, we all have a shared interest in how our tax money is being spent. When I hear the lynch-mob mentality of "tax the 2%", (which by the way is interesting that the President originally started with the 1%, but realized he needed more people to blame) it reminds me that it sure is easy to scream, demand, stomp your feet, etc. that someone else pay more. Get everyone paying, and you will have a vested interest in how it is spent.
And what is this crap about $1.2 trillion over 10 years? When is the last time anything has lasted 10 years? Give us your projections for 4 years, broken out for each year. I don't like either plan, they don't go near far enough.
Hey reporters! Do your job and get us some details on projected deficits for years 1 through 4.
With the Federal Reserve printing cash by the trillions to buy US treasuries (cause nobody else is)(to artificially prop them up) and dead mortgage backed securities from the "to big to fail"(but soon to fail) we have this fiscal cliff nonsense which is ignoring the multiple elephants in the room. Peter Schiff so eloquently put it yesterday " The Fed will keep printing money until the collapse".
The middle class taxes are approximately 50% and the government has everyone waiting with baited breath for some action on the Bush Tax Cuts...sheeple sure are gullible...
fed income tax, state income tax, state sales tax, property tax, fuel tax, cigarette tax, business license tax, automobile tag license tax, local wheel tax, medicare tax, unemployment tax, marriage license tax, etc...etc...etc...