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Boehner: No progress in fiscal cliff talks

House Speaker John Boehner of Ohio pauses during a news conference on Capitol Hill in Washington, Friday, Dec. 7, 2012, to discuss the pending fiscal cliff. Boehner said there's been no progress in negotiations on how to avoid the fiscal cliff of tax hikes and spending cuts and called on President Barack Obama to come up with a new offer.

House Speaker John Boehner of Ohio pauses during a news conference on Capitol Hill in Washington, Friday, Dec. 7, 2012, to discuss the pending fiscal cliff. Boehner said there's been no progress in negotiations on how to avoid the fiscal cliff of tax hikes and spending cuts and called on President Barack Obama to come up with a new offer.

WASHINGTON — House Speaker John Boehner said Friday there has been no progress in negotiations to avert a "fiscal cliff" combination of automatic tax increases and spending cuts in January and called on President Barack Obama to produce a new offer.

Four days after House Republicans offered a plan to raise tax revenues and cut spending, Boehner told reporters that the White House has failed to outline its proposal and instead has pushed the nation closer to a fiscal cliff that economists warn could plunge the country into another recession. The two men also spoke privately by phone on Wednesday. Boehner described the conversation as pleasant, "but just more of the same."

"Since then, there's been no counteroffer from the White House," Boehner complained. "Instead, reports indicate that the president has adopted a deliberate strategy to slow-walk our economy right to the edge of the fiscal cliff."

Boehner singled out for criticism White House aides who have said that Obama was willing to allow Bush-era tax cuts to expire on all Americans on Jan. 1 and automatic, across-the-board spending cuts to kick in the next day. He called their comments "reckless talk."

Boehner repeated the long-standing Republican argument that raising tax rates would be detrimental to small businesses and "is not going to help our economy and it's not going to help those seeking work." Obama has insisted that any deal must include an increase in the tax rates for high earners.

But Boehner declined an opportunity to take a hard line on tax rates, skirting a direct question on whether he might be willing to accept some increase in the top tax rate, currently set at 35 percent.

"There are a lot of things that are possible to put the revenue that the president seeks on the table. But none of it's going to be possible if the president insists on his position — insists on 'my way or the highway,' " Boehner said when asked whether he might be able to accept a compromise top rate of 37 percent. "That's not the way to get to an agreement."

The Republican leader pointed out that he had offered on Monday to raise tax revenues by $800 billion over the next decade by ending or reducing tax breaks, particularly on the wealthy. The Republican plan would cut spending by $1.4 trillion, including by trimming annual increases in Social Security payments and raising the eligibility age for Medicare from 65 to 67.

"When is he going to take a step toward us?" Boehner asked of Obama.

Comments

Sister_Ruby 1 year, 4 months ago

Obama's definition of "compromise" You give us exactly everything we want while we give NOTHING. Just as if Obama was the Emperor.

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Bulldawg 1 year, 4 months ago

I hear Darth Vader's music playing in the background..... Haha Very harrowing times indeed. You hit the nail on the head again, Sister Ruby.

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Sister_Ruby 1 year, 4 months ago

Obama WANTS to go over the "cliff" because He knows the majority of the public, aided and abetted by the "mainstream" media will believe His lies that it's those evil Republicans that caused it. His Royal Majesty likes those Hitler tactics and is really good at Channeling Hitler.

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VSU 1 year, 4 months ago

How is Obama like a piece of wood? He wants to become a ruler.

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Black_Falcon 1 year, 4 months ago

Most Americans are naïve and intellectually lazy. They easily fall for the banana in the tailpipe and the mainstream media profits from their ignorance. Case in point, all of the talk surrounding the supposed fiscal cliff involves raising taxes on the top 2% of income earners. The ignorant masses feel like it’s fair. The rich should pay their “fair share.” But what is fair? Since I am neither Democrat nor Republican, I will report the facts and you can decide. According to the IRS, the "income split point" for somebody to be included in the top 1% of all taxpayers (by income) was $380,354 in 2008 (the last year where data is available). According to that same source, this group of taxpayers (1,399,606 total) paid 38.02% of all federal individual income tax collected in 2008. The top 5% of all taxpayers (income split on this group was at $159,619 in 2008) paid 58.72% of all federal individual income taxes in 2008. The bottom 50% (Anyone Making Less Than $33,048) Paid 2.7% of Federal Individual Income Taxes.

Second, even if you tax the “rich” at 100%, you won’t come close to reducing the US's 16 TRILLION dollar debt. Yet, no one talks about this. I suppose its not as sensational as talking about how rich folk should pay their fair share. Sensationalism over substance, it is to laugh (if it wasn't so serious).

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Sister_Ruby 1 year, 4 months ago

Oh some people talk about it...........just not the Mainstream Media who have given up on legitimate investigative reporting and have become the Fifth Column of the Democrat Party.

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FryarTuk 1 year, 4 months ago

Wait right there. I have to go check the stock markets.

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FryarTuk 1 year, 4 months ago

Here's what you do. Make a full bracer of martinis, which at the club is about a quart. (Martini= 4 parts Plymouth gin, 1 part Boissiere dry vermouth, shake gently & refrigerate in freezer for 24 hours). Serve straight up or over ice with a dash of West Indian Orange Bitters and a Lindsay Queen Olive hitchhiker. The world will be so much more civilized on a Friday evening after a long successful day and week. On Monday buy Citigroup and Bank of America stocks hold them for 3 years and you will be wealthier. The more you buy the more wealth you will accumulate. America is the greatest country ever and if you use your wits you can make a bundle of money, cabbage, geetis, dinero, moolah or what you choose to call it. If you have some liquidity (cash assets) don't spend your time pissing down your leg, this is a good time to make some money.

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Abytaxpayer 1 year, 4 months ago

Question... If the Great Divider in Chief is raising taxes on incomes over $250,000 won't more companies and more people move more money out of the country to avoid those tax increases? Would it not be smarter to entice more money into the US than to scare it out of the country? O sure those rich people are so evil…but when was the last time a broke man or company hired new employees?

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Cartman 1 year, 4 months ago

I hope House Republicans find some backbone. Agreement with Obama's plan is worse than letting the fiscal cliff happen.

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waltspecht 1 year, 4 months ago

I hope somewhere someone brings them all to their senses and tells them it isn't about you getting re-elected. It is about the future of this Country and all of those that are now Children will inherit what you decide on. So have the guts to do what you were elected to do. Work out something that will significantly reduce the National debt, not add to it. Work out something that will actually have a telling affect on the problem. Don't flaunt these Red Herrings and key phrases. For if one will just look at what little these fought over proposals will accomplish, one can easily see they solve nothing. Only contribute to Class Warfare and make fols really nervous about the future. Do your JOB, don't play POlitics with our Children's future.

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chinaberry25 1 year, 4 months ago

Obama would just love it if all the folks over 65 dropped dead. That is what he wants. He hates the elderly as much as he hates the rich. Pied piper is my name for him and all of his rats follow. Look at Egypt and the riots, the USA is next. If that many folks stormed the White House, they could not control it. A lot will die, but the politicians would be toast. They are feeling that they are secure, but do not count on it. The secret service can be bought and so can the military. I would hate to be in politics now for their lives are in more jeopardy than they know. Just give the Americans good enough reason and we can kiss this county goodbye.

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FryarTuk 1 year, 4 months ago

Don't tell me that guy is going to cry again.

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bubbasmithredneck 1 year, 4 months ago

Cry-Baby Boehner is such a wimp.....He is one of the main reasons this country is in big trouble.

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