Skip to comments.Fiscal Cliff 'Breakthrough' — Boehner Offers To Include Debt Ceiling Hike Along With Higher Taxes
Posted on 12/16/2012 7:15:10 PM PST by SeekAndFind
Things are getting interesting on the Fiscal Cliff front. Last night it was reported by multiple outlets that John Boehner agreed to let taxes rise on those making $1 million more per year. That was seen by the White House as a too-narrow concession, but it was something, as it meant that the real negotiation was beginning, as the two sides have begun to trade taxes and spending cuts. Now there's more signs of real movement.
The Washington Post's Lori Montgomery and Paul Kane report that John Boehner has now offered to include a one-year debt ceiling hike in his offer, taking away a key point of Republican leverage coming up in just a couple of months.
The White House rejected the offer, saying it would raise too little cash to significantly dent record budget deficits and do nothing to extend emergency unemployments benefits into the new year, according to a Democrat familiar with the talks.
But the tax offer was viewed as a breakthrough, the Democrat said. Senior White House officials remained in contact with Boehners staff throughout the weekend in a sign that serious negotiations had finally begun after weeks of stalemate and partisan posturing.
Clearly with the clock ticking down, Boehner is actually putting things on the table that represent concessions. Next is for The White House to counter with something new.
(Excerpt) Read more at businessinsider.com ...
Boehner cowers in the corner.
We are WATF now.
No more Boner.
I’m rolling on the floor laughing my arse off. I’m sure there will be a complete and total gun and ammunition ban thrown in for good measure just to make sure they won’t ever have to account to the people for the hole they’ve dug for us.
And Obummer offers to allow Boehner the grand opportunity to kiss The Won’s ring.
Boner will *REALLY* have Ø in a bind if he throws in not having spending cuts as well... Ø might be forced to come to an agreement if that becomes the case
Boehner has offered to raise the top tax rate for earners making more than $1 million, a source told the Associated Press.
The development in the fiscal talks comes amid pessimism the Speaker and President Obama can hammer out a deal before Christmas.
Boehner’s offer would not include extending federal unemployment benefits, and it is unclear how it would address sequestration the tens of billions in spending cuts scheduled to go into effect for the Pentagon and other federal agencies starting Jan. 2.
And Republicans remain unyielding on agreeing to raise the U.S. debt limit as part of any agreement to avoid the fiscal cliff.
The source said Obama has not accepted the offer, according to the Associated Press, which added that Boehner is still seeking more spending cuts than Obama has proposed.
Bottom line no deal. The clock is running out, assuming its not already too late. Even if they came to some sort of deal even a short term, stop gap measure the two men would still have to sell the plan to their respective parties, somebody would have to draw up the matching bills, and then herd enough cats into the chambers to actually vote for it. Tomorrow morning will come with only two weeks left to accomplish all of that, and the two sides still dont even have the basic framework of a deal just an offer which was immediately turned down by the President.
That Mother “F”er!
The caving is, always, one way only! Where’s ALL of the caving on the Democratic Party side?
Boehner is f-ing worthless (but we all knew that)
I can only hope this is a ploy to get the media to report that Republicans were willing to Offer up nearly everything and got shot down by Obama on every count so that they can defend themselves as being at fault over the fiscal cliff failure.
NOTE: The White House has no intention of negotiating with Bohener.....
Libtard definition of ‘negotiation’: pubbies cave, again.
Boehner ain’t got the backbone for this fight.
Stand firm! Don’t give the 0bamunists ANYTHING! Make them own this mess.
War’s over, man. Boehner dropped the big one.
They must have records of Boehner in some extremely interesting situations, or this wouldn’t be happening.
Just shows how important the Christmas parties are to Boehner. He will give away the whole nation to avoid missing his elite parties.
Why didn’t he offer that a month ago? Is he so stupid he thinks we give him “credit for trying”?
I think Obama would be perfectly happy to go off the cliff. His defecit would be cut in half, defence spending cuts, and the Republicans gets blamed for taxes going up on everyone. His goal is the get control of the House in two years to be able to implement his final plans in his last two years.
Some really great bargaining there. Did Boehner also offer to come to the White House once a week to lick Obama’s shoes?
Looks like the end of the GOP as a viable political force.
Come on - don't you know our media by now? Do you really think that is how it will be portrayed?
Pre-scripted and pre-planned. Boob bait for bubbas. If any Republican cared about the country they would not concede one inch.
RE: I’ve ditched them and am now registered as a Conservative.
Is there a conservative party in your state? I am from New York and have been a registered member of the Conservative Party of NY for he longest time.
“The White House rejected the offer, saying it would raise too little cash to significantly dent record budget deficits...”
But raising taxes on those making over $250,000 will pay for 8 days of spending. And the democrats want to increase the “record budget deficits”.
You have to love all this political theater.
***Next is for The White House to counter with something new.***
Will that be before or after they pick themselves up off the floor from laughing so hard?
Hey Bonehead, why stop there. Go ahead and throw in gun control
and amnesty, as well. You look very desperate and stupid.
NOW I know what taxation with out representation feels like.
Why post any crap from the left wing Bus Insider and this Obama bot Joey ?
This is pure left wing crap
Bonner is just a Lobbyist puppet desperate to keep the cash flowing g to his pals
I am NOT going to give up on the party. I need to fight harder. SO.....I am running for the Republican County Chair. I should have some influence, then. So far, things are looking good!
If I am successful at this, I will have nobody to blame but myself. Time to shift the pendulum. I will not fail.
Blinked first. Blinked second. Not how to win.
Stick to the message - It’s the spending, Stupid!
“Republicans usually do as they’re told.” Barack Hussein Obama, 2009.
Time for a third party, which eventually will become the second party and make the GOP a third party.
Send him a box of depends.
Reading this news could make a grown man cry
We need to rally around a second name for Speaker NOW!!
Boehner caves on taxes - who didn't see that coming? EVERY F***** TIME THIS FARCE PLAYS OUT THE SAME. Democrats demand tax hikes and the Republican demand spending cuts. And EVERY TIME we get IMMEDIATE Tax hikes and a false promise of spending cuts in the future - cut that NEVER materialize
The RINOcrats help to give the democrats everything they need, while fooling the people by playing the opposition party.
Yes, it is worse. Obama would be smart to take it, because he gets the republicans as tax-raisers, and yet it isn’t what Obama wanted, so it looks like he capitulated.
And then he can blame the republicans for whatever bad happens as a result, since they didn’t take his plan.
I do wonder if these are really tax increases though, and not simply NOT extending the tax cuts.
Because in January, taxes are going up for everybody. And because of the vote of congress to let this happen two years ago, to allow the tax cuts to expire over not including the millionaires will look very bad.
Suppose the taxes were currently at the clinton rates, and we were arguing over tax cuts. Would we all be upset if we could get a tax cut for everybody EXCEPT those over a million a year? Sure, we’d rather include everybody, but are we now the party of “only give tax cuts to the middle class if we have to to get tax cuts for the rich?
We should either stand strong to get all the tax cuts, or just give up and give Obama his tax cuts, and blame him when the economy sputters.
It took you 40 years to see the truth? Didn't you pay attention to what was going on the first 39 years? The Republicans have done this as far back as I can remember.
One of the main differences between the RINOcrats and the democrats is that the democrats actually win some things for their constituents, even when they are in the minority. The RINOcrats on the other hand not only don’t win anything when they are in the majority, they help out the democrats by getting through tough and controversial liberal agenda items.
To paraphrase that Churchill incident, Obama, after hearing the $1,000,000 offer tells Boehner “How about an income limit of $100,000?”
“Mr. Obama - I am NOT a pushover!”
“Oh - you have already established that you are - now we are just negotiating a price.”
Obama’s rejection says it all though. He always wanted to go over the cliff and he probably relished the initial Boehner cave which gave us the Grand Super Committee in the first place. He gets tax increases, defense cuts, AND now Boehner shows the Debt Ceiling card.
What has the Dictator budged on?
The entire House has to vote on this, right?
I mean, the cowardly weakling Boehner can’t sell out the nation all by himself, right?
He’ll have to round up 20 or so fellow-traveling scumbag Republican cowards to go along with all the rats... right?
America is done.
My guess is that there will be some kind of entitlement reform.