Posted on 12/16/2012 7:57:20 AM PST by bestintxas
It's only a "partial" cave, in that Boehner agrees that the tax rates should go up on those making more than $1 million rather than $250,000 a year.
But if Boehner caves on taxes, who can believe him when it comes to any other red line Obama will try and force him to cross.
Associated Press:
Signaling new movement in "fiscal cliff" talks, House Speaker John Boehner has proposed raising the top rate for earners making more than $1 million, a person familiar with the negotiations said. President Barack Obama, who wants higher top rates for households earning more than $250,000, has not accepted the offer, this person said.
The proposal, however, indicated progress in talks that had appeared stalled. The person would only discuss the plan on the condition of anonymity because of the sensitivity of the negotiations.
As part of a broader budget deal, Boehner is still seeking more spending cuts than Obama has proposed, particularly in mandatory health care spending. Boehner has asked for a long-term increase in eligibility age for Medicare and for lower costs-of-living adjustments for Social Security.
Boehner's tax proposal was first reported by Politico.
A Boehner aide would not comment on the report.
At issue are expiring tax rates that would automatically increase on Jan. 1 for virtually every income tax payer if Congress and the president don't act. Steep budget cuts are also scheduled to kick in, unless Congress and Obama agree to forestall them with other deficit reduction measures.
(Excerpt) Read more at americanthinker.com ...
Hell yes!
The GOP House caucus has a bunch of TEAparty people in it...and some RINOs. The RINOs vote with the RATs at times.
The RAT caucus is entirely a progressive (communist) voting bloc. They never vote anything but RAT on fiscal and social issues.
Do I think there's any difference between the RATs and the RINOs? Not really.
“This isn’t a cave, come on. Raising the tax rate on people making more than $1 million a year means nothing”
Of course you must be remembering that when FDR started Social Security with 53,000 recipients in its first year it would never go up, right.
PS - there are now 60,000,000 beneficiaries
Boehner did not invent the progressive income tax.
Well, good luck with that. Of course, this is all probably moot since I expect Congress to be dissolved or reduced to a rubber stamp for the dictator.
Ha, ha you've been fooled. Count the number of reps who do NOT vote for boner to be speaker in January and get back to me with that number. Prediction, it will be ZERO.
Who’s running against him?
Anyone a republican nominates. No one will nominate someone to run against him.
Well, now that doesn't seem to be the case. There may be several stepping forward.
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