December 19th, 2012
11:14 AM ET
2 years ago

Boehner's tax gamble roils fiscal cliff talks

Washington (CNN) – In the high-stakes poker of the fiscal cliff negotiations, House Speaker John Boehner is playing a game that could be called "Taxes Hold 'Em."

The chief Republican negotiator is navigating a perilous political path by agreeing to some kind of increase in tax rates for wealthy Americans - a fiscal sin in the eyes of conservatives - while pushing for more spending cuts and entitlement reforms desired by his party's base.

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Filed under: Fiscal Cliff • John Boehner • President Obama
soundoff (9 Responses)
  1. 2hheels2

    OFFTHECLIFF, when we went to the voters booth, we believed the President and he said that taxes would be raised over 250k and he would protect SS and Medicare. It is time for the President stand tall on his campaign promises. The party of the rich the GOP obstructionist caused this dilemma now they want seniors and people with less to pay for there obstruction and terrible polices. These were voted against and the president should stand his ground and not weaken.

    December 19, 2012 11:29 am at 11:29 am |
  2. Marie

    @2hheels2

    I agree 100%. We did not vote Mr. President into a second term so that he could give into the homegrown terrorism that the GOP embodies and embraces. The warfare against the middle class in this county has to stop.

    December 19, 2012 11:47 am at 11:47 am |
  3. Ancient Texan

    2hheels2- The Representaives in the House were also reelected by their constituents to do exactly what they are doing; hold the line on taxes and STOP the insane spending ! BTW- the obstructionist is Harry Reid and the Democrats in the Senate that table every bill sent to them.

    December 19, 2012 11:52 am at 11:52 am |
  4. Wake up People!

    Stay strong President Obama. I know it's hard. Some are already calling you a dictator, divisive, and a racist. But right now, we need you to be the angry black man that the right has been calling you for months since you struck back against Willard and his lies. We know you are being held to a higher standard and we have your back. Remember no matter what you do some will hate you so in the words of Willard, don't worry about them.

    December 19, 2012 11:57 am at 11:57 am |
  5. Cal

    And of course Obama insults us by demanding more spending now. I thought part of the exercise was to deficit reduction. It looks like what is coming is higher rates and fewer deducitons. That is going to hurt small business and charities. For those of us that has been very fortunate that means we cut our charites down to what we hold most dear. The GOP needs to let the sequester take place that at least has some spending cuts and start negotiating again next year with the debt limit. Amicable negotiations do not seem feasible.

    December 19, 2012 11:57 am at 11:57 am |
  6. Larry L

    I'm willing to spend a great deal of my time and money working towards a complete defeat of any politician who allows Republicans to hold the American people hostage. The debt ceiling isn't a part of the debate but is simply used by Speaker Boehner to threaten citizens in an effort to get a sweet deal for the fat-cats – the only part of America Republicans work to support. Throw the bums out!

    December 19, 2012 11:59 am at 11:59 am |
  7. J'Cincinnati'Redd

    The rich can pay a little more,true i agree. But what is all this keep your hands off my ss.everything should be on the table. Both sides have to give. Some of you should come back down to earth.the election is over.

    December 19, 2012 12:07 pm at 12:07 pm |
  8. GuestAgain

    It will take more than the "cliff" to fix our polical syatem. I'll say this, if your family doesnt have to live on a budget continue to support democrats, if they do – I recommend you move to a more conservative position. Simple math people.

    December 19, 2012 12:16 pm at 12:16 pm |
  9. Rudy NYC

    J'Cincinnati'Redd

    The rich can pay a little more,true i agree. But what is all this keep your hands off my ss.everything should be on the table. Both sides have to give. Some of you should come back down to earth.the election is over.
    ----------------------–
    Why keep SS off the table? Because it is a separately taxed and funded entity. Read the "Social Security Act of 1935" sometime, when you get a chance. The problem is that it contains language that allows for investments to made with the funds, and describes what risks are allowed to be taken. Someone got the bright idea that Treasury Notes would be a good investment, which they are in fact. The problem has become that no one wants to cash the IOUs in.

    December 19, 2012 12:31 pm at 12:31 pm |