December 15th, 2012
09:24 PM ET
10 years ago
Source: Boehner offers to include higher tax rates on wealthy to avoid fiscal cliff
Washington (CNN) - House Speaker John Boehner has offered to include higher tax rates on the wealthiest Americans as part of a deficit-reduction deal to avoid the fiscal cliff, a source close to the talks confirmed to CNN on Saturday.
The latest twist in the negotiations, first reported by Politico, indicates a possible breakthrough in the protracted efforts to forge a deal to reduce the nation's chronic federal deficits and debt.
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Gee the big GOP is finally getting a little humility. Just maybe if they start caring about the country and people they are supposed to serve the WH may on the horizon.
It's a new world
It's about time!
And the..umm...details?
About time why wait until last moment?
The repubs made this mess with tax cuts for rich 2 unfunded wars.They own it they need to help fix it.
"I'm mad as hell and I won't take it anymore!"......is becoming the combined cry of Americans frustrated with the Republicans refusal to bring the tax rate back for the top 2% prior to the Bush tax cuts. The Republicans are on shakey ground and will end up paying with being voted out of office due to voter anger. Boenher until now has refused to cooperate with Obama if it would mean any raise in taxes for the rich due to his selffish concerns of being voted out as Speaker of the House and in addition his pledge to Grover Norquist. The Republicans will be held to blame for anything negative resulting from going over the fiscal cliff and this could lead to massive losses come 2014.
The president has been firm on the tax, who should pay more tax to reduce our national deficit. Why the GOP caved in to Obama's plan shows you how incompetent are the leaders of the GOP. They simply are trying to make peoples life miserable.
Ok Mr (supposed) leader Obama. Your turn!
Thank you Mr Boehner.
It's about time!
Ink a deal as soon as possible. I am sick and tired of that fight in Washington
I thank it's about time, the hard workers are helpn the rich get richer, so why shouldn't thay help by payn higher taxs. Only payn a low amount on millions of$$$ the national debt would be less, thats a good thing.
So Boehner has given the President what he wanted. If the President now moves the goal post and we go over the cliff, it is because he wants us to.
It's about time! It's not like he had a choice. Either way the taxes on the wealthy were going up. If someone makes that much money, they should be happy to pay more taxes. They will still have more money left than what the rest of us even make. Share!