GOP Rejects White House Opening Budget Bid
Source: TPM
RIAN BEUTLER NOVEMBER 29, 2012, 6:08 PM
Republicans have rejected President Obama’s opening budget bid.
In a Capitol meeting with House Speaker John Boehner Thursday, Treasury Secretary Timothy Geithner submitted the Obama administration’s proposal for addressing medium term deficits, and avoiding across the board tax increases and spending cuts at the end of the year.
Republicans called the proposal outlandish and brushed it aside as unserious. But it’s almost entirely comprised of policies Obama campaigned on and included in his budget for the current fiscal year. And by satisfying GOP demands that Obama offer up a plan that includes spending cuts, it paints Republicans, who have been reluctant to specify their own Medicare cut proposal, into a tight corner.
The White House formally proposes to increase tax revenues by $1.6 trillion over 10 years by increasing top marginal income tax rates and taxes on both capital gains and dividends, and by limiting tax deductions for top earners, according to Republicans.
Obama proposes to reinstate the estate tax at its 2009 level, as well as patch the alternative minimum tax.
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Read more: http://tpmdc.talkingpointsmemo.com/2012/11/gop-rejects-white-house-opening-budget-bid.php?ref=fpnewsfeed
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killing progressive talk here in the north west, am 1090 will gone in January as will another in Oregon to make way for yet another sports channel. Because the "progressive audience" has dwindled in the last 2 years so sports is supposed to be more profitable in those time slots.
Bullshit.
I'll bet money all progressive talk on AM will be all gone by the end of next year. Way to kill an opposing voice, and isn't that a basic play in their game book.
Media domination and manipulation needs to end yesterday because that's where all the "tools" who get "used" go for their news.
I've got free speech TV and the internet at least, but what about those who can't afford it?
-p
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Tell them they have until 6pm New Year's Eve to make up their minds.
And if they don't show up before 6pm sharp, 12-31-12, push the cliff button,
Then get all prettied up and hit the town!!!!!
them like they like we treat our Foreign enemies. Just consider this the first condition on lifting sanctions. We dictate the Terms here! You got till that time until we apply more sanctions. Tax increases will be off the table and we want need it any more. Then we will present you another offer to cut taxes. And if you want to increase funding for defense after that date, then we might think about it if you agree to increase spending for one of our projects. Those are the terms. 
I like the sound of sanctions. Yeah, that's the ticket.
We won the election. The ball's in our hands now. I get so sick of their condescensions and the way they dictate to everyone up there. The way they act, you would think THEY won the election.
Yes, I like your idea of sanctions. 
