December 3rd, 2012
03:40 PM ET
10 years ago
House GOP proposal on fiscal cliff rejects Obama's tax plan
Washington (CNN) - Negotiations on a deal to avoid the fiscal cliff got a jump-start on Monday with House Republicans offering a counter-proposal to President Barack Obama, but continuing to reject his call for higher tax rates on the wealthy.
The GOP proposal would result in $2.2 trillion in deficit savings over the next decade, including $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 told reporters.
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the Bush tax cuts were never funded. Of course neither were the wars, the prescription drug bill, immigration "reform" of 2006 (now that was a joke), for formation of "Homeland" Security (another joke). What was funded under Bush? Let's not get started on that one, but it includes lots of crony-ism, no bid contracts, junkets for all, and Bush's 1100 vacation days. And we voted for him too. OK, let's not get started on that one, really .....
Rather than face facts, the GOP would rather continue their old tired record of holding the nation hostage to tax cuts for the rich. One day they'll learn, but not now.
"The delusion is strong in this one....".
Ok let the pressure begin....first real test for gop after big lost Nov 6. They have to decide if they'll go against the pledge or vote for what the people want. Gop remember money doesnt buy elections. Dont believe me ask Adelson what he got for his 150 million.
Bottom line, the GOP has painted itself into a corner with nowhere to go. Clowns, all of them.
the rest of the world is watching. the action taken by the Congress will determine where the economic recovery will lead to.
Folks do not under-rate the work of congress without having a reason. Congress doesn't do the work people sent them to do. If Dems are ready to show people that this kind of behaviour can't be allowed to continue, I say go for it.
This doesn't violate their pledge. If the Republicans were smart they would pass this and work out the rest later. It's the first step toward rebuilding trust with the American people. If they don't they can kiss their majority in the house goodbye when the midterm elections come.
The ball is in Speaker Boehner and the House Republicans's court. Despite all of the conservative rhetoric about "putting revenue on the table" and repeated calls for "spending cuts to entitlements", they have yet to *actually propose* anything.
The Constitution *requires* that all revenue related bills must originate in the House. The Senate can only add/revise amendments, which must still be voted on by the House. What are Republicans waiting for? Public opinion is not going to change their way, and the longer they wait the less likely that public opinion will swing in their favor.
For me, the GOP either votes yes on this or is voted out in 2014 with my GOP House Rep included for the last 15+ years. Though I am not holding my breath as their allegiance is to one man (Norquist) treason to the US Constitution, and then there are all the Corporations who own these politicitians and SuperPacs as well. The bottom line on this is that the John Roberts court with Citizens United confirmed we are no longer a representative democratic republic but a monied plutocracy.
mr president stick to your guns,do not give a tax break to the rich because we can no afford it and you are in the driver seat and we are with you all the way.
The members of Congress won election and/or reelection too. And if their district is instructing their Congressman to vote against any tax increase.....then Obama's re-election is beside the point.
The GOP under McConnell and Boehner, have backed themselves into a corner, with their Perpetual NO-vena. They have been sent a message by 67% of the country, IF THEY CHOOSE NOT TO ACKNOWLEDGE IT, the cliff will arrive, and there wont be a REPUBLICAN elected for the next 3 decades. I love the dangerous name given to the fiscal cliff, kind of like the name "entitlements" was given to SSI,Medicare, Medicade, al the while OUR elected officials enjoy cadillac benefits and pay for life. What say we end both, for all of them, along with Corporate Welfare,TERM LIMITS, and all Foreign aid, VOILA, DEFICIT CANCELLED, INSTANT PROSPERITY
No deal. Bring on the mythical cliff. It is what the Democrats are demanding. The temporary taxe rates need to go back for everybody because everybody needs to help support this country, not just 2% of the people. The land of the free cannot be turned into the land of the free ride.
We have to vote them all out of office in the next election in 2 years.
The house already passed a bill to extend the tax rates. Why aren't the Democrats in the Senate passing it?
The country can't afford any more tax cuts, for anybody. Obama is spending a trillion dolllars more a year than they take in in taxes. Unless the goal is bankruptcy, people need to ante up for the large federal government the Demorcats want.
from the article:
"The president's idea of a negotiation is, 'Roll over and do what I ask,'" Boehner told Fox News Sunday,....
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Interesting word choice, "ask" instead of "say". Did a little bit of truth slip out of his mouth? Demorats are not demanding anything, but instead are "asking" for something. I wonder what that could be. Commpromise?
This should be a no-brainer. Vote on the Bill. This gets the easy part out of the way so both sides can focus on the tough part...spending cuts and increased revenue. Everything on the table including corporate welfare.
Linda
We have to vote them all out of office in the next election in 2 years.
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The first step is to challenge all of the gerrymandered district lines that state and local Republicans drew up for themselves.
First, 50.9% voted for Obama. 49.1% did not. I do not call that a land slide. Second the Demo wants a tax raise for the over $250,000 group plus no debt limit, no cut of any type and more spending. None of the media wants to talk about the rest of the deal the Demo is trying to shove down the Rep. The nation is 7 trillion in debt and that amount is growing daily. I do not care how it is done but the country has to stop spending more money then it takes in.
oilfieldtrs
First, 50.9% voted for Obama. 49.1% did not
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Wrong. He got 53% and won the popular vote by more than 4 million votes.
@oilfieldtrs – First, 50.9% voted for Obama. 49.1% did not. I do not call that a land slide. Second the Demo wants a tax raise for the over $250,000 group plus no debt limit, no cut of any type and more spending. None of the media wants to talk about the rest of the deal the Demo is trying to shove down the Rep. The nation is 7 trillion in debt and that amount is growing daily. I do not care how it is done but the country has to stop spending more money then it takes in.
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Bush called it a landslide (a mandate) when he beat Kerry in 2004 with a smaller margin , so why not? The Dem's have put forth a starting point for negotiations, with both sides knowing that the end result will give neither side EXACTLY what they want. It's like making a sale.. bid low and work up to a realistic price.
The Nat'l Debt is a little over $16 Trillion (not 7) and yes the amount grows daily, but it's barely 1% of GDP and manageable at current levels. But do you right wingers EVER ask "why?" something is. Bush 43 added roughly $8.8 TRILLION to the Nat'l Debt in EIGHT short years. That includes TARP, Medicare Part-D, 2 unfunded wars, and so on. In comparison, Obama's spending is a mere spot on a gnat.
Ancient Texan-
You are ignoring two points- First that gerrymandering and voter suppression has more to do with getting re-elected in the House than policies- don't forget the GOP lost seats, even if they retain the majority.
Second- We're talking President vs. a member of the House (even the Speaker), there is a pretty clear difference in role here. Bush demanded and got that, so should Obama. Face it- you guys lost, and the longer it goes the worse it will get- especially as the fault will fall on the GOP.
GOP consider withholding tax cuts for the 98% as a bargaining chip. That tells you all you need to know about them.
therealtruthnotsomebogusleftyliar-
See CNN/Money today- RECORD profits and payouts in the corporate world- That means the rich certainly can afford and should pay more.