(CNN) - House Speaker John Boehner traveled to the White House Sunday for talks with President Barack Obama on how to avoid the year-end fiscal cliff, according to a statement from the White House.
"We're not reading out details of the conversation, but the lines of communication remain open," White House Deputy Press Secretary Josh Earnest said.
–CNN Chief White House Correspondent Jessica Yellin contributed to this report.
Just get it done. Stop messing around
What really is the matter with our leaders, especially Boehner and McConnel? Are they so unintelligent so as not to hear or read the sentiments being expressed by the people of this Country? Are they so dumb not to realize that the people of this Country have "spoken", in no uncertain terms using their votes as a democratic process, what they really want the leaders in Congress and the Senate must do? If, the Country is in line with the opinions of these leaders, it would given a resounding "No" to President Obama's second term. Instead, it has spoken clearly that which President Obama canvassed on is what it want. Stop being kids and act as adults.
these jan 1 budget cuts will be hitting the poor more than ever before and the people are not being represented to be protected americans unless we spend more money on another 10 years of war is representing. what happened to the war crime charge against bush and chaney why did they skate the law ?
The Republicans know they have to cave on this one. There will be a deal or bad things are going to happen.
jan 1 budget cuts will devastate the poor who says the rich don,t make the laws?
The "cliff" is a set of tax increases and spending cuts. To avert this so called cliff, we want to institute a different set of tax increases and spending cuts. We are just replacing one "cliff" with another. The fact that even Republicans fear the "cliff" is an addmission that government stimulus works. We now must choose which "cliff" will hurt the economy the least!
I'm tired of the line that the top 2% pay 40% of the taxes without adding they control over 90% of the wealth. It also is rediculous that unearned income is taxed only at 15%. My marginal tax rate last year was 28% because my more than ample earning were from work. Earned income should be a flat 15% and unearned income should start at 20% and increase anothe 5% for each million made through investments
I heard someone say they would close their business if taxes went up. If you make over 250,000 and pay 4,000 more you are still making a lot more than most people earn. Also, you likely take a salary not included in the business 250,000 so you will give up a salary over 170,000 because of the tax increase. Well good luck finding another job that will pay that much. RAISE the taxes on the rich and protect the contract we have paying into soc sec in return for the promise of payments. Yes, if you pay for anything it is a contract.
The rich pay 35% and if they pay that then I'm your uncle,cause you must be a monkey. As the fella who said 99% of the rich did it fair and square as it were, how do you know that, have you been following there careers and what they did to get that cash, be realistic a least say maybe 2/3 of them did it honestly. Now where do you get that the rich pay 40% of America's taxes, oh watching Fox again and using their "facts" as truth. Think about it just for a minute, the billions of dollars that are paid in taxes and those are paid by 1 or 2%, math just doesn't work. As for Boehner speaking for the working man, get away from your computer if your that drunk. He doesn't care about the working man otherwise he would have already signed the bill. Really where do you people come from, that you spew all this horse manure and think people won't respond or will take your statements as truth. As for liberal minded people ie: democrats, not being able to stand on their feet, JFK democrat, Bill Clinton democrat, and tell me which republican has left the country with a surplus, not Reagan and he raised taxes, not GH Bush, and definitely not GW, so it would be more correct to say republicans can't do the job, and here's the proof. So what is the next thing to come out of your lying pie holes. If the country is to work right then Bonner and his cronies have to go. Its that simple. You simpletons.
Deficit: If you can't pay off your house and car completely at this moment you have a deficit.
Republicans need to stop representing and answering to big business.... They need to do their job and answer to the American people. We re-elected President Obama because the majority of us believe in his plan of action.. So get to work, and stop the delaying tactics.
They are just paid to obstruct and use us as hostages to get what they want. This country protects the global corporations, not the consumers or actual humans.
I am losing it regarding Boehner. He sits all day in a tanning booth then hates brown/black people. I have no idea of his education but the way he acts, I doubt if he ever graduated from kindergarten. What a total loser. He cashes all the checks the lobbyists give him but then decides to make it hell for the everyday Americans he was voted in to be concerned for.
We need a balanced approach, this class warfare (raising the taxes on the top 2% will do very little to help) If we care about our children and grandchildren we must begin to deal with this concept of spending more then we have. A household cannot continue to borrow 40 cents of each dollar it spends, it can do it for a while but not forever. The United States Government is no different. There will be a time when interest rates rise on borrowing, when that happens watch what happens to us in the middle and lower earning groups. This postponement of dealing with the excessive spending cannot and should not continue. I hope the republicans hold some ground. President Obama's record on dealing with the national debt is not so good.
"Facts don't Lie
Boehner is the most reasonable man in Washington so I am sure these two will reach some sort of deal...we might not like it but they will reach something"
You been at the bottle of BonerJuice again, I see!
OK, so you "tax the rich into oblivion" guys need to listen up. Here's the facts. If you tax every millionaire at 100%, it only funds the current government spending spree for 80 days. If you give Obama what he wants with the people who make over $250K a year, it only funds our spending for 8 days. Now you blast back in a knee jerk reaction, let me tell you that I'm not one of the rich guys. Every dollar I have to my name, which aren't very many, I earned on my own under the rules everyone else made and plays by, and I have no complaints. It's not about taxing the rich. It's about creating an environment (including a green energy one, which I work in) for more people to become wealthy. BTW, I'm neither one of the "47%" nor the "2%." Last year, I paid a resounding 27% of my income in income tax . . . but have no regrets in contributing my fair share.
After they deal with this tantrum, there will still be a trillion dollar a year deficit and 16 trillion of debt and unfunded future liabilities. The whole of either sides solutions may only placate the bond markets in the short term.
99% of rich people(the self made wealthy) in the USA, got rich the legal way,with hard work and taking risk. im not rich but it seem like people pointing the finger at them. they didnt make the rules."
Nope they don't make the rules, they buy them!
Obama speaks for the people, not boner!! To wit, a little election the people spoken just about a month ago....
Stand your ground Mr President – we the people stand by you.
Some people should not be allowed to comment. Darwin needs to take hold. Of course the rich need to lay more. And no...no blame. Just need to. And closing down the investment banking bonanza and raising primary income holders (like a romeny and a buffet) to a higher standard of taxation is the only responsible thing to do. A spending bill for infrastructure should be a priority and sharp cuts in defense and other social programs (not elimination...just cutting) is a balance way to get things rolling. Adjusting the tax code won't happen over night but that should be 2013's conversation and eliminate the massive deductions the wealthy can do. And I don't want to hear about their giving back to society. They pick and choose what is important to them. I'd rather a third party divert money than romney flooding money to his own church.
The WH wants to tax couples making $250,000 and calling them millionaires and billionaires.
These are hard working couples and not millionaires and billionaires. Redifinition of Rich.
The problem is not the rates its the 78,000 page tax code. Marginal rates dont matter, only final effective rates. A flat tax is a simple solution. Exempt all income to some predetermined (poverty) level then tax all income at the same low flat rate. No more deductions no more refundable tax credits. The more income, the higher % of your income you pay in taxes but at the same flat rate. Ends this ridiculous, undefinable argument about fair share.
While our international competition invested in the future through change and sacrifice, we lived for the moment. We bought cars on credit. We mortgaged and second mortgaged our homes and farms. We found ways not to create wealth but to produce debt and to encourage greed and fiscal irresponsibility. We literally created junk bonds that produce nothing ,and with them, a junk economy. As a result,we fell into debt as individuals and as a nation. So lets quit blaming rich people. As a nation we did this to ourself, trying to look and feel rich.
Obama and Boehner are trying to find a way to get the Republican Party to accept what the majority of Americans want, which is to have the rich pay higher taxes so that we can pay down the debt. This means, of course, that someone is going to complain that Obama is acting like a dictator because Obama wants to get Republicans to do what the majority of Americans want.
Time for the House GOP to accept the inevitable, end the damaging delay, and pick different fights from this one.
Heff–What is wrong about the pre-Bush tax rate for higher taxable incomes?