Obama adviser: President won't propose 'Romney economic plan'
April 7th, 2013
03:11 PM ET
10 years 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. helenecha

    Nonsense! Where is the Romney economic plan when ObamaCare is still at large? Besides, let’s imagine how drearily it is going to be while Obama is trying asking GOP to do something impossible that is like to turn some rubbish into gold.

    April 8, 2013 12:41 am at 12:41 am |
  2. wiseup:

    wiseup: 53% of the nation rejected Ryan's plan last November. Why would Ryan think it would get passed 5 months later. Typical of Rebubs and T-slugs to expect the middle class and elderly to foot bill for deficit while repubs refuse any renue increase through tax deductions for wealthier. For every dollar in spending cuts there should be one dollar in revenue increases.

    April 8, 2013 12:49 am at 12:49 am |
  3. Jonquil

    Why is it so hard to compromise, Republicans? Why? We, The American People, have dealt with this "we will not come to the table" nonsense from you, for years. You've made your point. Now, it has to be give and take. You will not be able to continue on like this, forever. You have to compromise or you will get voted out and if that's not even enough of an incentive to work within our system, you can hold yourselves responsible for damaging your party in the long term. Stop saying you refuse to compromise, even before you've heard the entire offer. We've had it. Do your jobs.

    April 8, 2013 12:56 am at 12:56 am |
  4. Anthony in California

    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!

    Hard on the tax payers? You might want to put your big boy pants on face the truth.. 2 wars WERE NOT cheap, and neither were those tax breaks for the rich. SO YES.. youre taxes are going to go up. Period. So unless you were out front of the White House complaining during the Bush administration, I'd suggest quit complaining about it.

    All ive seen is obstruction of ANY of his policies. And the few areas the Republicans couldn't sabotage (Bin Laden, repeal DADT, AHCA) were successful. Romney's plan wouldve made the rich richer and Middle Class poorer.

    And how do you expect the country to grow again? Did I miss something the Reublicans proposed that would help the country "start to grow"?

    April 8, 2013 12:59 am at 12:59 am |
  5. Name Uche Agonsi

    The bedrock of democracy is allowing for people's diversified expressions/views, sifting the more reasonable logics from chaffs (worthless ideas). Now it beats all logics the some Repub supporters/members should insist on Paul Ryian's budget when they are glaring at what it taste like to just effect cuts in a budget in a recession, from the effects of the sequester & the hell being experienced by the British economy. There is also the threats of world economic domination from China, then the American need for measures to cure its unemployment situation & improve its technology to sustain its defence superiority to encounter troubled world spots.....all these are NOT achievable by cutting & balancing US budgets in 10 years. There must be sustained growth elements in the economy.....& effect debt management to the objective......why is this fact difficult to get accross the skulls of these Repubs.......Ryian's budget, simply put is recipe for economic & global leadership disaster for US.

    April 8, 2013 01:59 am at 1:59 am |
  6. Joseph

    Hahahaha, look at these three clowns on here basing the President. He has done more than any wanna be presidents. Auto Industry is saved. Health care for all, Soldiers are being drawn down, Share prices are up, near records high. Stablised the housing market, prices are up and many more accomplishments, that is President Obama for you. You can bash the President but you never will be President.

    April 8, 2013 02:03 am at 2:03 am |
  7. Graham Krueger

    compulsory for-profit healthcare check
    Further reduction of civil liberties check
    extension and expansion of the wars, including drone bombings in a dozen countries check
    Ignoring the Employment non discrimination act he promised the Gay community instead of marriage support, with which he's done nothing, check
    funding extremist Christian organizations with taxpayer money check
    No repeat No action on climate change
    And now massive cuts to Worker's pensions check

    What part of that is not a Republican agenda?

    April 8, 2013 03:13 am at 3:13 am |
  8. Ken

    Get over it, GOP! It's not alexithymic Mitt who is sitting in the Oval Office; time to stop beating that dead horse.

    April 8, 2013 03:24 am at 3:24 am |
  9. J.V.Hodgson

    In 5 years almost Republican policy has not moved 1 inch!! = lower taxes especially for the rich and corporates ( with no way offered to pay for same) and Huge spending/ entititlement cuts or Austerity And debt reduction , claiming its the only solution ( hello y'all... even a balanced budget does not reduce debt only eventually stops growth thereof. Please take a look what has "happened" in Europe.. UK on verge of triple dip recession, other EU nations growth rates declining and unemployment over 11% and still the Ryan 2 budget is all spending and entititlement cuts.. get real.
    Fed up of Republicans ignoring the inconvenient truth which is in essence – despite thier absolute total opposition, constant filibusters to any Obama legislation or plans eg Dodd Frank, PPACA, AJA the economy is still growing (GDP+) the unemployment rate is declining (Bush 8 years 1m jobs created Obama almost 4m) the stock market is booming.
    The only part suffering is the middle class because Republicans refuse to to allow any infrastructure spending, education, alternative energy spending for our future recovery.
    They also conveniently ignore the fact that the world remains in a global recession.Which means any pure ideological solution democratic or Republican is non viable, most importantly in the practical real world situation but also politicaaly as the last 4 years plus have proved... time for compromise from both sides and there is absolutely no need for zero government debt, only a lower level in % terms of GDP.

    April 8, 2013 05:17 am at 5:17 am |
  10. TomInRochNY

    Thank goodness! The Romney/Ryan plan would have completely destroyed our economy. Well, actually, that would probably be a good thing. It would finally show people the Rs haven't got a clue about economics. They know a lot about business and generating personal wealth for themselves, but nothing about economics.

    April 8, 2013 06:11 am at 6:11 am |
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