Posted on 12/28/2012 2:51:44 PM PST by what's up
WASHINGTON (AP) -- The end game at hand, President Barack Obama and congressional leaders made a final stab at compromise Friday to prevent a toxic blend of middle-class tax increases and spending cuts from taking effect at the turn of the new year.
Success was far from guaranteed in an atmosphere of political mistrust — even on a slimmed-down deal that postponed hard decisions about spending cuts into 2013, and pessimism vied with optimism in a Capitol where lawmakers grumbled about the likelihood of spending the new year holiday in the Capitol.
(Excerpt) Read more at finance.yahoo.com ...
"Congressional Democrats said Obama was ready with a revised offer to present.
But that drew a denial from a person familiar with the talks, who said the president would review his proposal from a week ago, when he urged lawmakers to preserve tax cuts for most while letting rates rise above incomes of $250,000 a year."
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Some weasel language here. Looks to me like Obama DOES have a backup which he doesn't want his base to know about. Now he is only "reviewing" his original proposal?
My guess is that the deal will be tax hikes on $500,000 and up, extension of unemployment, a milk fix, and a deal on the sequester in the New Year.
It likely will pass in the House with a majority of the GOP and just enough Dems.
Yup, that is about the size of it. The GOP is ready and wanting to surrender but the President wants to make sure it hurts too
What a bunch of malarky. This guy is playing Three Card Monte.
He’s going to ask Sen. Reid to bring a vote to the floor for an up or down package.
Wellllll,, ain’t that special. All bills orginate the Congress are reconciled by the Senate, returned to Congress for approval and sent to the President for signature or veto.
As it stands now Sen. Reid will not allow a vote on the current budget passed by Congress.
I lay this on Obama and Reid.
What a bunch of malarky. This guy is playing Three Card Monte.
He’s going to ask Sen. Reid to bring a vote to the floor for an up or down package.
Wellllll,, ain’t that special. All bills orginate the Congress are reconciled by the Senate, returned to Congress for approval and sent to the President for signature or veto.
As it stands now Sen. Reid will not allow a vote on the current budget passed by Congress.
I lay this on Obama and Reid.
Tough. most of them should be hanging from the lamp posts around washington
No one forced these hacks to wait until the lame duck session like a thief
in the night to do something.
Let me pick up where u left off, what’s up.
The coalition that will be of made to pass this grandest of all bargains
will be GOP Rinos and Liberal Democrats.
What a great coalition.
Curious to see the names of the GOP who will vote for this grandest
of all bargains.
Amazing how most of the BUSH TAX CUTS are applauded by the DEMS.
“Obama, top lawmakers meet OVER fiscal cliff”
They’re admitting it?
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