December 3rd, 2012
03:04 PM ET
10 years ago

BREAKING: House GOP offers fiscal cliff counterproposal

(CNN) - House Republicans are making a counter-offer Monday to the White House on a fiscal cliff deal, but they continue to reject President Barack Obama's call for higher tax rates on the wealthy.

The new proposal to avoid the fiscal cliff would bring $2.2 trillion in savings over the next decade. These would include $800 billion from tax reform, $600 billion from Medicare reforms and other health savings, and $600 billion in other spending cuts, House GOP leadership aides said Monday.

Filed under: Fiscal Cliff • House
soundoff (50 Responses)
  1. Sandy

    Why is this breaking news when they still gave no specifics? How the heck is this a proposal when we have no idea what they want to cut?

    December 3, 2012 03:46 pm at 3:46 pm |
  2. ezduzit757

    Romney already tried to sell us this package and was REJECTED by the majority of the American people. Why won't the GOP listen to the American people?? 2014 can't come fast enough.

    December 3, 2012 03:47 pm at 3:47 pm |
  3. Chris Alexander

    As long as they continue to claim that Social Security adds to the deficit, or attempt to include it in cuts, they should be alternately ignored and mocked.

    December 3, 2012 03:49 pm at 3:49 pm |
  4. Paul Deemer

    Msg to GOP. The president specifically stated No Deal without a tax rate increase on the wealthy? So why is he GOP wasting their breath when they are unwilling to meet his one condition for a deal. Grover Norquist must be sitting in his office very amused at this point in time. Can't wait for us to go over the cliff and that will be the end of Grover and the Republican Party!

    December 3, 2012 03:51 pm at 3:51 pm |
  5. gctwnl

    The fact that you use words like 'balanced' and 'fair' (see letter of GOP) is proof of the opposite. Stating that your own proposals are balanced' and 'fair' in fact means that you say the other party's aren't. That is not negotiating, that is political aggression using 'soft' words in a smart way to frame the issues. This is about who gets the blame later on. House GOP do not want to visibly OK an end to the tax cuts for the wealthy. So, they let them expire and keep their hands 'clean'. Cowards.

    December 3, 2012 03:51 pm at 3:51 pm |
  6. Chris Alexander

    The cliff may be the only viable means of reducing bloated defense spending to reasonable size. Do it.

    December 3, 2012 03:52 pm at 3:52 pm |
  7. jpmichigan

    Well, the President and Geinter stated the Republicans have shown nothing so to compromise on, well here it is . Now Mr. President what are you going to do? Continue to cover, this problem via the media or finally do some governing and show leadership and sit across the table from the Republican and REALLY discuss this matter. The matter of deduction on higher income needs to be discussed, for no matter how high the tax rate is , these deduction will be utilized to make the amount of taxes paid less. What is the President afraid of, why can't he do some REAL neogotiating ?

    December 3, 2012 03:53 pm at 3:53 pm |
  8. Gregory M. Newbold

    This is NOT A PLAN. Where are the specifics Republicans? Your revenue numbers are fictional. Tax rate increases will result in tangible & real deficit reducing revenues. Closing of nebulous "loopholes" is not sufficiently dependable to capital markets to cut the deficit.

    December 3, 2012 04:01 pm at 4:01 pm |

    Haven't we heard this before during the Romney campaign and didn't he lose? And still NO SPECIFICS on which loopholes to eliminate??!!! The Republicans are a joke and deserve to be voted out in 2014 so I say, " Lets go off the cliff! Weeeeeee....!!!"

    December 3, 2012 04:03 pm at 4:03 pm |
  10. Woman In California

    California this is a reality (where people still have to spend 4x of their earnings on housing) similar to any other part of US), but I am sure none
    of these families will ever call themselves as rich as the President calls them.
    As a resident of California, you're right it is very expensive to live here-but where do you suggest the president DRAWS the line? To people living in places such as AL, SC, etc., this is a lot of money and he has to start somewhere which is more than the other party is doing.

    December 3, 2012 04:07 pm at 4:07 pm |
  11. SFRich

    Is it any surprise that the GOP's first "offer" in negotiations for the cliff go after Medicare while leaving the Bush tax cuts for the 2% intact?

    Talk about a party with bankrupt ideas. And they go around and blame this and that for losing the election. Idiots.

    December 3, 2012 04:11 pm at 4:11 pm |
  12. Rick McDaniel

    Obama never compromises. Never.

    December 3, 2012 04:11 pm at 4:11 pm |
  13. mcskadittle

    exactly where are $600 billion in other spending cuts, going to come from?

    December 3, 2012 04:19 pm at 4:19 pm |
  14. DumbasRocks [R]s

    "No deal unless the top tax-rates go up". I'm not sure how anymore plain-spoken the white house and the congressional [D]s can be. But you can't cure 'stupid', especially when it is so inbred in the [R]s.

    The tired old [R] record of "no tax raise for my rich sponsors" just isn't playing well anymore in America.....especially as the top-rate change merely puts things back where they were before the disaster-in-charge was coronated in 2000, before he led us to a free-fall towards economic depression. Go ahead GOP, take us over the cliff: (#1) the top rates will go up; (#2) then in Jan. [R]s will be forced to vote for a middle class tax break, back to the current levels; (#3) the American people will take out even more of the [R] garbage in 2014. Sounds like a win-win to me...not sure why the President even wastes his time talking to low-intellect [R]s.

    December 3, 2012 04:19 pm at 4:19 pm |
  15. plain&simple

    The voting public is not stupid Mr.Speaker! Stop acting like we are! We have a bigger perspective than conveniently drawn congressional lines for ones own party. You and the people you are supposed to LEAD... not follow should get to work soon or you may be the ones not looking so bright!

    December 3, 2012 04:27 pm at 4:27 pm |
  16. The Real Tom Paine


    Obama and the liberals are laughable. There was a man-date alright but that only applied to the liberal gay marriage for votes program. Otherwise the lefts fiscal ideas are a joke and will cost us all dearly. Dems still stuck on increase for 2% that wont do anything for our economy. Losers.
    And closing deductions is not going to be the magic pixie dust the Righties think it will be, either, along with entitlement reform that consists solely of ending or dismantling programs You don't improve the economy by throwing more people into poverty, either, unless you think Ayn Rand's novels are any more realistic on the economy than CS Lewis' Chronicles of Narnia. If we had put people to work on infrastructure projects with the stim money, instead of letting Perry, Jindal and others use it to balance their budgets retroactively, we would have a much better employment picture and people would be spending money more than they did in the last 3 years THUS GROWING THE ECONOMY. Its the GOP that are idiots.

    December 3, 2012 04:30 pm at 4:30 pm |
  17. The Real Tom Paine

    -Rick McDaniel

    Obama never compromises. Never.
    The reason we have this crisis is because he compromised with the inmates at the loony bin.

    December 3, 2012 04:32 pm at 4:32 pm |
  18. kevin

    Why don't both sides pass the opposing parties plan. Wouldn't that be a win win for everyone?

    December 3, 2012 04:40 pm at 4:40 pm |
  19. CBR

    After a weekend of accusations how does either side expect to get anything done. The GOP has refused to look at the Obama Plan and have sent their plan to the White House again. The truth is they could solve this problem by meeting together until a plan is developed that would be agreeable to both sides.

    Can't they just get along so that they are putting the American people and not politics first.

    December 3, 2012 04:44 pm at 4:44 pm |
  20. Namedd

    Yes and let's screw over the majority so we don't tax the 2% . No talks of continuing ue benefits for the 3 million plus who will soon lose their check . If something isn't done soon the republicans will be blamed and I think their plan is to do nothing .

    December 3, 2012 04:51 pm at 4:51 pm |
  21. REGinAz

    The GOP says, "this is a serious matter" and "we are not interested in playing rope-a-dope", again just offering rhetoric to hide behind instead of any real answers or any sincere departure from their stubborn concentration on protecting "the money's" interests, their strong supporters and masters. Yes, it "is a serious matter" and their continually offering only subterfuge to con the people and to rationalize justification for their arrogant refusal to make any real bipartisan efforts, sticking to no tax increases for the 1% but possibly allowing cutting deductions and programs for everyone else, is really "playing rope-a-dope" with the Republicans considering the "dope" to be the majority. The Republicans literally have to prove they can offer more than rhetoric that just disguises "more of the same" (“more of the same” like returning to Paul Ryan’s budget proposal which completely favors the very wealthy while increasing costs to the majority).

    This isn't just with the "fiscal cliff" and tax negotiations, regrettably the Republicans have become cocky confident in their ability to force the Democrats to cave-in, recent history clearly shows it, with the power, influence and mega-funds behind them as they are owned and controlled by "the money", and as they use the constant joint efforts to con the people, considering them only "pawns" to be used and abused, and to manipulate public opinion. It really is neither Republican philosophies versus Democratic nor "conservative" versus "liberal", as that is just part of the subterfuge. No matter what anyone's loyalty, when they can be objective and rational long enough to evaluate reality, there can be no denying that the Republicans irresponsibly concentrate totally on their political ambitions and on serving only "the money" and they don't really negotiate but rather try to dictate, without regard for the costs to the people. They simply play games with offering their rhetoric, trying only to gain political advantage while not conceding even an inch.

    As just one current example look at the antics of McCain and Graham as they take a legitimate issue but go drastically overboard with it for their political purposes. Not only wasn't Benghazi the first occurrence, with even more loss of life in the past, but McCain and Graham were totally silent in those past instances. They fault what likely was innocent misinformation but never faulted GWBush's constant misinformation rendered to manipulate public opinion, which was stubbornly supported by the full Republican party, even when the Bush administration falsely justified attacking Iraq; in everything Bush constantly lied and Condi Rice repeatedly swore to it – and McCain and Graham were quiet. Their use of rhetoric to dupe and use the people is obvious and very costly in its aim to serve only the few.

    December 3, 2012 04:57 pm at 4:57 pm |
  22. The REAL Truth...

    Wow, you'd have thought that Ricky and jpmichigan would have grown up by now. They appear as juvenile as the party they support, and no-one got anywhere by pointing fingers... the GOP needs to give a little on this, or 2014/2016 will see them defunct.

    December 3, 2012 05:01 pm at 5:01 pm |
  23. rs

    No surprise here. The GOP's suicide pact remains in effect apparently.

    December 3, 2012 05:02 pm at 5:02 pm |
  24. rs

    Rick McDaniel-
    Wrong again- Mr. Obama compromised plenty in his fisrt term. I think that he has figured the GOP's word isn't worth their handshake. Frankly if I were him I'd jail a few GOPpers as economic terrorists and see if that made them a bit more flexible. Fortunately, Mr. Obama if far more reasonable than that.

    December 3, 2012 05:05 pm at 5:05 pm |
  25. Sorensen

    The GOP lost the election. Embarassingly and significantly. Now they are deparately trying to play poker with Obama.
    They are equally bad at that. They are born losers, out of date, old, white men. They are going down now and forever.

    December 3, 2012 05:10 pm at 5:10 pm |
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