It looks like more spending – more debt.

The Washington Post
reported:

President Obama and House Speaker John A. Boehner moved close to agreement Monday on a plan to avert the year-end “fiscal cliff,” but they had yet to clear several critical hurdles, including winning the support of wary House Republicans.

Obama and Boehner (R-Ohio) huddled at the White House for 45 minutes Monday morning for their third conversation in the past five days. Later, Boehner met for an hour at the Capitol with his leadership team in advance of a briefing Tuesday morning for the entire House GOP that could be a crucial test of Boehner’s ability to sell the deal.

Behind the scenes, administration officials and senior Republican aides continued to make progress. Obama laid out a counteroffer that included significant concessions on taxes, reducing the amount of new revenue he is seeking to $1.2 trillion over the next decade and limiting the hike in tax rates to households earning more than $400,000 a year. Obama had previously sought $1.4 trillion in new revenue, with tax increases on income over $250,000.

Obama also gave ground on a key Republican demand — applying a less-generous measure of inflation across the federal government. That change would save about $225 billion over the next decade, with more than half the savings coming from smaller cost-of-living increases for Social Security beneficiaries.

In addition, Obama increased his overall offer on spending cuts and dropped his demand for extending the payroll tax holiday, which has benefited virtually every worker for the past two years. But he is still seeking $80 billion in new spending on infrastructure and unemployment benefits and an increase in the federal government’s borrowing limit large enough to avert any new fight over the issue for two years.

Boehner has offered a one-year debt-limit increase, and the fresh stimulus spending remains a sticking point, according to senior Republican aides, who also complained that the overall deal remains too tilted toward new taxes.

Here is a Fiscal Cliff infographic by Direct Lending Solutions.

 

 

Disable Refresh for 30 Days

Cookies and JavaScript must be enabled for your setting to be saved.

1 2

`
  1. Sometimes ya just can’t fix stupid and Boehner is one great example. That, or he is as big a traitor as our prez. It galls me he was appointed Speaker. What actually transpired during these secret meetings with Obama?

  2. Well, right her, under an unlinked blurb – ‘They are not very close to a ‘fiscal cliff’ deal,’ a top Hill source tells DRUDGE REPORT…

    I hope the government shuts down and Obama’s welfare class learns they can’t rely on others to fund their flat screens, free abortions, free transportation, free medical, free child care, free contraceptives, free food, free housing, free tax returns on no income, free Obamafones, and free freeloading.

  3. Will Boehner help Obama collect the guns with the taxes?

  4. I think Rush has hit on something here. It is a brilliant scheme by the prez if it plays out this way.

    Rush…excerpted

    “The White House is not satisfied. So the White House thinks they’ve got a permanent concession on raising rates on the rich, even though they rejected this specific offer from Boehner. So now Boehner has agreed in principle on every point Obama is demanding, and it has still been rejected. What does that tell you, ladies and gentlemen? Every fundamental point Boehner has agreed to in principle.

    He’s agreed on ending tax deductions for the rich, raising the rates on the rich, and raising the debt limit. He has agreed, in principle, on every point, and it’s been rejected. What’s that tell you? What’s it tell you, Mr. Snerdley? (interruption) Well, of course. (laughing) We’ve been screwed ever since the election. (interruption) It means Obama wants to go over the cliff. It means Obama doesn’t want a deal.

    It means Obama does not want to avert the cliff, unless he can get capitulations he never dreamed of. But I think going over the cliff, like I’ve been saying, is just what he wants. I mean, that’s nirvana! That’s utopia. We go over the cliff, and everybody’s taxes go up, and the Republicans get the blame. Then Obama gets to come along within a couple of weeks and propose lowering taxes on the middle class.

    Thus stealing the tax cut issue from the Republicans, after having made the Republicans essentially admit that tax cuts caused the problem. Tax cuts on the rich caused all of these problems. Boehner’s essentially conceded that. Here comes Obama as the savior for 98% of the people where the Republicans wouldn’t agree. That’s the benefit to going over the cliff, and there’s a little cherry on top of this. You go over the cliff and there are also some pretty steep defense budget cuts.

    Guess who will put those back?

    Obama!

    He’ll propose cutting taxes on the middle class and increasing spending on defense, and thereby take everything the Republican Party is known for away from it and co-opt it as his idea, the Democrat Party’s idea. That’s the value in going over the cliff. But, as you heard Carney say: If we don’t raise these rates on the rich — if Boehner doesn’t concede even more — then that means there’s going to be a tax burden on middle-class families with disabled children.

    I mean, this is shameless.

    (chuckles)

    This is just over-the-top-shameless.

    BREAK TRANSCRIPT

    RUSH: Let me spell it out for you, what Jay Carney said. If we don’t raise taxes on the rich, a lot — if we don’t really raise rates on the rich — then we’re gonna have more and more Adam Lanzas, because we’re gonna be putting a tax burden on middle-class families with disabled children. Now, to this day, at this point — December 17th — “disabled children” means “Adam Lanza.” It means “Newtown, Connecticut.”

    BREAK TRANSCRIPT

    RUSH: Jay Carney, the White House spokeskid, has said that President Obama stands by his tax rate increase for the top 2% starting at $250,000 and above. Boehner offered all of that to $1 million and above. Obama will not take “yes” for an answer. He’s insisting on the rates going up on the top 2%, over $250,000 a year.

    END TRANSCRIPT

  5. The Republican Party elites have got to be the most determined stupid people society has ever known. It doesn’t matter how much the American people warn them, they are determined to fudge it all up

    When we warned that Bush I raising taxes and destroying the “House that Ronnie Built” would destroy conservativism and empower the Democrats, they told us to STFU. They knew better.

    When the party elites pushed Jack Kemp on us, a candidate who made unflavored jello seem interesting, we were told to STFU and do as told, as they knew better how Kemp would beat Clinton.

    Trashing the promise kept in the Contract with America? Putting forth another Bush family disaster? Embracing John “I’ll do whatever my political opponent asks because I want to be seen as a good guy” McCain? Pushing an inaccessible country club elite, Mitt Romney, as the “only electable” candidate during the times of extreme populism and class warfare? STFU, conservatives. We know what we’re doing.

    There comes a time when you just have to decide if you are going to be stuck listening to the deranged demands of crazy and stupid people. If the Republicans don’t throw Boehner overboard and get a true conservative leader in charge, it’s probably time for the few of us that care to finally get off and get something better going.

  6. I think it should be apparent to all Conservative why Democrats wanted DeLay gone.

  7. We all need to quit falling for the “good party-bad party” staged dramas that these politicians, of both parties, use to achieve their true objectives; increased taxes and power for the government, and decreased money and freedom for we the people.

  8. THERE IS NO FISCAL CLIFF BUT FISCAL THEFT.
    REPUBS MUST USE THIS CHANCE TO FIX OTHER PROBLEMS.

    MR. BOEHNER, MAKE NO DEAL WITH THE DEVIL!!!

    The Republicans must not cave in and raise the debt limit until and unless they include in the bill some serious solns to the problems that the Dems have caused to usurp power and steal the elections. These should be:

    a. A total ban on immigration for ever and a border fence. The Dems import aliens as most of them (70%) vote for Dems, to increase the number of democratic voters. So Repubs must ban immigration as this is the 3rd most populous country in the world already and there is a serious shortage of water, space and jobs, etc.

    b. No electronic voting machines unless and until a paper receipt is given.

    c. Only those who can prove US citizenship can vote.

    d. Obama must prove he was born in the USA first.

    There is no “fiscal cliff”. This term is made up by the Jewish controlled media. If we raise the debt ceiling, which is already almost 18 Trillion, it would only make the problem bigger down the road.

    The Demogangsters are not satisfied with the theft of so many trillions of dollars and want more, so they are brainwashing the public that there is “fiscal cliff.” There is no fiscal cliff. The Republicans must stop this theft.

    And us this chance to ban all immigration and electronic voting machines.

  9. A trillion dollars over ten years when we have a trillion dollar annual deficit. Make me laugh. Dopes on both sides.

  10. #7, It’s not “Stupid” that makes the repub party act this way, but Treasonous complicity! The repubs pretend to be Conservative with a little “Good cop,Bad cop” theatre to try and fool us but we’ve seen this act too many times.They are all lefties who are working to undermine us from the inside,so they can collapse our Country and help create a “New World Order,One World Government” for the oligarchal Bansters Rockefeller/Rotschild. There is nothing else that explains this as virtually every bit of Obama’s agenda could have been stopped in committeee if the repubs wanted to: Obamacare, Dodd/Frank,Food Safety and Modernization Act,Start 2 Treaty, NDAA, Drones over entire United States. Every one of those could have been buried but a repub alway’s stepped in at the last second to push the Agenda forward. that’s not an accident.

  11. what makes you think republican politicans want your money any less then democrats?

    this is what happens when holding public office is an occupation instead of a service.

  12. Instead of decrying the behavior of Boehner, why start a movement to get rid of him? Why do we just put up with him?

  13. “Obama (P) and Boehner (R-Ohio) huddled … for their third conversation in the past five days.”

    So how many conversations does that make for the past five months? 3? As if there aren’t numerous, enormous, and enormously complicated problems that must be resolved not just by year’s end but yesterday, and last month, and last year, etc.

  14. Cutting COLA for social security and increasing unemployment payments? Yeah, that’s the answer. That’ll solve the problem and fix everything.

  15. I wonder how much good it would do to bombard our representatives with loud calls for Boehner to be replaced? Problem is, he could be replaced by someone as despicable as he. Who’s your favorite conservative to replace him?

  16. Boner also pushed TARP after it had been voted down once.
    Not to mention being one of the original co-sponsors of “No Child Left Behind”.
    People that have Rep. congressman must call our members and urge them to oust this quisling.

  17. You know, the Speaker does not have to be an elected member of Congress. Perhaps we, as the People, need to look outside the House. Just because no one outside the House has held that position to date, does not mean it shouldn’t be done.



1 2


`

© Copyright 2014, TheGatewayPundit.com. All rights reserved.
Privacy Policy | Terms and Conditions