Obama adviser: President won't propose 'Romney economic plan'
April 7th, 2013
03:11 PM ET
1 year ago

Obama adviser: President won't propose 'Romney economic plan'

(CNN) - If the White House and Congress ultimately reach a deal on a budget, it won't look anything like Mitt Romney's plan, according to White House senior adviser Dan Pfeiffer.

"What this president will not do is come in - right after getting re-elected - and enact the Romney economic plan, which is what the Republicans in the House are proposing," Pfeiffer said Sunday on ABC's "This Week."

The president is expected on Wednesday to roll out his full budget proposal, some details of which were released Friday. According to senior administration officials, his budget will include proposed changes to Social Security and Medicare, key Republican demands, and tax increases, a key Republican sticking point.

House Speaker John Boehner said in a statement that "if the president believes these modest entitlement savings are needed to help shore up these programs, there is no reason they should be held hostage for more tax hikes. That's no way to lead and move the country forward."

The budget will include an offer Obama made to Boehner in December, officials said. That proposal included $400 billion in savings to Medicare over 10 years.

For Social Security, Obama plans to propose a key Republican request called "chained CPI," which is an inflation formula.

Proponents say chained CPI is a more accurate way to measure inflation than the current method, which they say overstates growth in consumer prices.

But some progressive Democrats oppose reductions to entitlements, and that opposition gives the president more room to say he's offering a compromise.

Both the House and Senate have passed budgets, but neither chamber's proposal is expected to go anywhere. The House version was drafted by Romney’s 2012 running mate, House Budget Committee Chairman Paul Ryan. It includes major reform to entitlement programs and no new taxes.

Pfeiffer said the president's focus "is to try to find a caucus of common sense" and people who are willing to meet in the middle but argued new taxes should still be part of the equation.

The president is scheduled to dine with Senate Republicans for the second time on Wednesday, the same day he releases his budget proposal. Asked Sunday whether Obama is getting any feedback from Republicans on the proposal, Pfeiffer said they've "had good conversations with them."

"The White House has been in contact with a lot of those folks, a lot of Senate Republicans we had dinner with, and so there is an opening there," Pfeiffer continued. "Is it going to be easy? Absolutely not. But there is a possibility, but this is going to require both sides to compromise."

– CNN's Ashley Killough and Jessica Yellin contributed to this report.


Filed under: Budget • President Obama
soundoff (35 Responses)
  1. Donna

    Obama adviser: President won't propose 'Romney economic plan'
    ---–

    Ofr course he wouldn't do that. He wouldn't want to prove him right. I mean after all, Obama has already stolen Romney's healthcare plan and put his name on it. He'd much rather stick with his failed policies of the last 4 plus years and blame others for their failure. Yes, I'm sure 8 years later, he'll still be blaming George Bush for his failures. And the LSM will play right along and protect the failure they have blindly supported.

    April 7, 2013 03:21 pm at 3:21 pm |
  2. Peace

    Pres. Obama coming with a proposal of Romney's Economic Plan will mean he voted for Romney which was not the case.

    April 7, 2013 03:32 pm at 3:32 pm |
  3. Catmandew

    Obama's budget will be like everything else he has come up with. Hard on the taxpayers all flash and no substance! Obama has proven to be a very ineffective leader at all points of his term. Why doesn't he just leave and maybe our country after repealing all his garbage laws can start to grow again!

    April 7, 2013 03:33 pm at 3:33 pm |
  4. Concerned citizen

    Yes Dona, we will blame bush for many more years to come, and rightly so! His mess can't be cleaned in 5-6 years! And, Didn't Romney denounce his own health care plan? Now, Obama stole it?

    April 7, 2013 05:25 pm at 5:25 pm |
  5. Anthony

    Of course Obama won't propose Romney's economic plan. If people think the deficit is bad, just imagine adding another 7 trillion on top of it. Romney wanted 5 trillion in tax cuts and 2 trillion in increased military spending. Besides, Obama knows that Republicans will immediately turn against the plan. They will go to the Supreme Court and ask the Court to declare the plan unconstitutional.

    April 7, 2013 05:42 pm at 5:42 pm |
  6. GI Joe

    @Donna – President Obama didn't call it Obamacare. The republicans did.

    It's called the ACA. Get a clue.

    April 7, 2013 05:42 pm at 5:42 pm |
  7. Jay

    Obama's budge is going to just tax the hard working people even more and put more of them out of work and onto the Government welfare plan. Obama got his tax increases back 3 months ago, now he wants more. I don't know about everyone else, but I think daily from getting up and paying taxes to drive to work, paying taxes to eat lunch, paying taxes on every dollar I earned, I think we working people pay enough. Oops, for got about Obamacare, now I'm force to pay for healthcare, and have to hope that the government is going to get it right. Not going to hold my breath though because if they can't get VA healthcare right, what makes me even think that they'll get it right for the rest of us.

    April 7, 2013 06:17 pm at 6:17 pm |
  8. Name lynn

    Rommey plans was shut down when he lost the president seat to obama.

    April 7, 2013 07:31 pm at 7:31 pm |
  9. Cthulhu

    Finally, Obama is growing a backbone. Let's face it, the only 'compromise' the GOP wants is for the democrats to give them everything they want. Of course, this could be a good thing. It could ensure democrats go to the polls and the republicans will all get booted out for good in 2014.

    April 7, 2013 07:39 pm at 7:39 pm |
  10. Wes

    The only thing the uhbama wants to do is raise taxes and destroy whats left of the private sector.

    April 7, 2013 08:00 pm at 8:00 pm |
  11. Crenshaw

    Maybe it's time for Romney, and the rest of the republicans to admit, that they lost the election. They lost in a fair race, and no one needs much input from any of them. Also, if they keep insisting that they're ideas be adapted, or else, it's going to be a pleasure to vote in 2014, and 2016 for any candidate that is not a republican.

    April 7, 2013 08:16 pm at 8:16 pm |
  12. Alvin

    Obama's "plan" will include more class-warfare rhetoric with little substance. My guess is that most voters would welcome a plan as sensible as Romneys. Anyone that isn't sure could just watch the first debate where Obama spent most of the time looking down while Romney explained how an economy works.

    April 7, 2013 08:18 pm at 8:18 pm |
  13. king

    it wouldn't matter if Obama took the rush linbaugh budget, the repubs would have killed it. the only thing that the repubs past of significant since 2010 was the bush tax cut hike because they didn't have any choice. these folks is actually trying to make this president fail and by doing so doom us all. i wonder if i am the only one seeing this. i really didn't believe that hatred of a person would be so real. this is astonishing to see the whole country sit back and allow the repubs to destroy our county because of hatred.

    April 7, 2013 08:37 pm at 8:37 pm |
  14. ascpgh

    This administration is in such a continual campaign mode that it is incomprehensible for them to take a measure of reality and act appropriately.

    April 7, 2013 08:42 pm at 8:42 pm |
  15. Ed1

    Obama doesn't know what a balanced budget approach in fact he doesn't know what a budget is because if he did you might think Obama would know you can't spend what you don't have that's common sense 101.

    Obama and his Democrat buddies don't have a clue we wat a budget that doesn't spend more than what we take in and also cut more spending so that we might have a balanced budget in about 5-10 years.

    April 7, 2013 08:59 pm at 8:59 pm |
  16. benisscotus

    "Hard on taxpayers" That is a joke. Taxes in the 1950's after the great depression on the top income bracket were at 90%, and the economy still boomed. High taxes on the rich DO NOT hurt the economy. What hurts the economy is taxes on the middle class, which have actually gone down. Also President Obama has said many, many, many times that he actually did use Romneys healthcare plan when he was governor to craft the ACA, or "ObamaCare". This is a balanced approach with spending cuts and tax increases, without cutting from education. Props to the President for finally compromising.

    April 7, 2013 09:18 pm at 9:18 pm |
  17. S.B. Stein

    There needs to be something o give by the Obama administration. That should be done as long as the GOP can give something as well.

    April 7, 2013 09:46 pm at 9:46 pm |
  18. Sam

    Obama justs wants kept raising taxes so nobody can be wealty and everybody has to depend on the govment

    April 7, 2013 10:01 pm at 10:01 pm |
  19. Binga Linga

    If Republicans are for it the little guy will get the shaft.

    April 7, 2013 10:20 pm at 10:20 pm |
  20. John Doe

    Renominate Mitt Romney in 2016!! Protect tax breaks for the rich, discount the 47%, value houses with elevatorson the beach in La Jolla and dancing horses. Something every teacher, firefighter, Police officer and military service member values and can relate to. Go Mitt Go!

    April 7, 2013 10:31 pm at 10:31 pm |
  21. Woman In California

    The president's budget will include proposed changes to Social Security and Medicare,

    My social security means a lot to me and I take quite an interest in hearing what changes might take place. Any resemblance to the Romney/Ryan caper will not go over well with his base and I hope he remembers that.

    April 7, 2013 10:40 pm at 10:40 pm |
  22. Patrick in Wisconsin

    It must really suck to be a conservative right now. You just lost an election you could've won had you not screwed up a few thousand times. But instead, you're just blaming the people who beat you for even the most minuscule problems amid a sea of improvement. Even worse, you don't even know why you really lost. You are truly acting like children right now. You will all go down in history (or not at all probably) as the people who wanted to replace FDR when Hitler was on his last legs. Better luck in 2016.

    April 7, 2013 11:05 pm at 11:05 pm |
  23. DaveW

    There are plenty of changes needed for both Medicare and Social Security. Reducing the benefits for either is not what is needed. The growing divide between wealthy and non-wealthy is becoming worse and worse. We are becoming the third world ghetto that we have propagated to other countries. A few wealthy elites separated from the vast populace of unclean behind guarded fences and inside high walled compounds. This is not what the founding fathers envisioned.

    We need to disassemble our military complex. We spend a trillion dollars per year on "defense"; no other country even comes close. Why are we blind to the foolish way we lavish public spending on military infrastructure when our own public infrastructure is in such dire need of repair? Roads, bridges, public transit, internet arteries, tuition subsidies and more – all need critical investment. Yet Republicans remain psychotically focused on the one thing that matters most to them: Money. Lower taxes are what matter to them; nothing else.

    Republicans may be okay with a squalid America as long as they can afford helicopters so they don't have to mix it up with the rest of us, but I am not okay with this vision. Wealthy Americans can be asked to share their blessings with the country that has given them their opportunity. The poor share their sons and daughters disproportionately in the sacrifices required for military service in this country. The wealthy escape this burden and have managed to reduce their tax burden as well. I say, "Enough".

    I have been a Republican all my life, but no more. I voted for Obama in 2012 and it is unlikely that I will ever vote Republican ever again. Enough is enough. The Republicans haven't had a decent candidate for public office in years. I held my nose voting for Bush 1 & 2. Romney? I couldn't take it anymore. Obama is well spoken and intelligent. He has integrity and he is disciplined enough to keep us out of Libya and Syria while also getting us out of Iraq and Afghanistan with our dignity intact.

    I'll support Obama all the way. I don't like what he is doing to Medicare and Social Security, but I trust Obama. I don't trust the House. Obama has a mandate, he should use it.

    April 7, 2013 11:28 pm at 11:28 pm |
  24. gerry luimes

    The Ryan budget proposal would surely develop the Divided States of America into a banana Republic.

    April 7, 2013 11:52 pm at 11:52 pm |
  25. buongiorno

    we need to correct the mistake that is CLEARLY IN FRONT OF US

    April 8, 2013 12:09 am at 12:09 am |
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