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2016 Postmortem
Showing Original Post only (View all)"Maybe you shouldn't have fucked with the president so much." [View all]
http://www.boomantribune.com/story/2012/11/29/231032/17Who's the Kenyan, Now?
by BooMan
Thu Nov 29th, 2012 at 11:10:32 PM EST
Read this and try not to laugh your ass off:
Speaker John Boehner (R-Ohio) on Thursday rejected a White House offer to avoid the "fiscal cliff" that would include $1.6 trillion in tax increases, $400 billion in spending cuts and a more permanent increase in the debt ceiling, Republican aides said.
Aides said the offer was made by Treasury Secretary Timothy Geithner and Rob Nabors, a top White House adviser, during their meeting with Republican leaders in the Capitol.
While the Obama administration described the offer as reducing the deficit by $4 trillion over 10 years, Republicans told The Hill its tax increases amount to $600 billion more than what the Democratic-led Senate passed earlier this year when it approved legislation that would allow tax rates on top earners to rise. Weve offered a balanced approach to deal with the fiscal cliff: raising revenue in a way that protects jobs while cutting spending, said a Republican congressional aide familiar with the proposal. But, after two weeks of discussions, the offer the White House made today is completely unbalanced and unreasonable, and amounts to little more than reiterating the presidents budget request which failed to get a single vote in the House or Senate.
House Democrats backed the White House for putting forward an offer based on Obamas 2013 budget.
House Budget Committee ranking member Rep. Chris Van Hollen (D-Md.), emerging from a meeting with Geithner where leaders were briefed on the offer, said it is House GOP leaders who must now put forth their plan.
The Republicans have made some nice, positive noises but they haven't put a plan on the table, Van Hollen added.
Republicans said the administration is demanding the $1.6 trillion in tax increases upfront, while the smaller amount of spending cuts would come later. The White House also wants $50 billion in new stimulus spending, according to published reports, and to make permanent a change in the way the debt ceiling is raised so that Congress can only block it with a two-thirds majority.
This offer represents a complete break from reality, the Republican aide said.
Aides said the offer was made by Treasury Secretary Timothy Geithner and Rob Nabors, a top White House adviser, during their meeting with Republican leaders in the Capitol.
While the Obama administration described the offer as reducing the deficit by $4 trillion over 10 years, Republicans told The Hill its tax increases amount to $600 billion more than what the Democratic-led Senate passed earlier this year when it approved legislation that would allow tax rates on top earners to rise. Weve offered a balanced approach to deal with the fiscal cliff: raising revenue in a way that protects jobs while cutting spending, said a Republican congressional aide familiar with the proposal. But, after two weeks of discussions, the offer the White House made today is completely unbalanced and unreasonable, and amounts to little more than reiterating the presidents budget request which failed to get a single vote in the House or Senate.
House Democrats backed the White House for putting forward an offer based on Obamas 2013 budget.
House Budget Committee ranking member Rep. Chris Van Hollen (D-Md.), emerging from a meeting with Geithner where leaders were briefed on the offer, said it is House GOP leaders who must now put forth their plan.
The Republicans have made some nice, positive noises but they haven't put a plan on the table, Van Hollen added.
Republicans said the administration is demanding the $1.6 trillion in tax increases upfront, while the smaller amount of spending cuts would come later. The White House also wants $50 billion in new stimulus spending, according to published reports, and to make permanent a change in the way the debt ceiling is raised so that Congress can only block it with a two-thirds majority.
This offer represents a complete break from reality, the Republican aide said.
Au contraire, mon frère, that is precisely the "reality" that the Republicans are facing. The administration is threatening to weaken their ability to obstruct in the Senate or to blow up the economy by holding the debt ceiling hostage, while also demanding their tax hikes on the rich and refusing to offer anything remotely satisfactory (from the Republicans' point of view) in spending cuts.
Give the president what he wants or over the cliff we go. And the GOP gets the blame no matter what happens. Maybe you shouldn't have fucked with the president so much.
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Of course the media won't mention it. That would make their *owners* look like idiots...
freshwest
Nov 2012
#55
Any examination of the 5 or so owners of media show them to be anything but 'liberal.'
freshwest
Nov 2012
#69
The President's budget got the votes of 65 million Americans on Nov. 6, Boner!
SunSeeker
Nov 2012
#6
That ANY Republican would presume to be even loosely acquainted with "reality" ...
TahitiNut
Nov 2012
#7
$1.6 trillion in taxes is 'a raid on the castle and taking back what they took.'
freshwest
Nov 2012
#32
Everytime they've fucked around on this, the tax amount goes up along with the stimulus funds.
freshwest
Nov 2012
#56
"The only thing they understand is being shown the door." - Well, I think a little
coalition_unwilling
Dec 2012
#80
Not gonna be easy what with all the gerrymandering. I live in PA and despite being a blue state
Dark n Stormy Knight
Dec 2012
#82
I'm not optimistic because, as Rachel Maddow explained last night,
Dark n Stormy Knight
Dec 2012
#89
There is no fiscal cliff, it's a fiscal bluff; really it's budget control,
grahamhgreen
Nov 2012
#24
Mr. Obama and Harry Reid skillfully maneuvered the Republicans into a trap of their own making.
Ikonoklast
Nov 2012
#26
I don't think it is a win - win but isn't it ironic how the GOP may have to live with the answer
Filibuster Harry
Nov 2012
#40