Posted on 12/20/2012 12:59:47 PM PST by Hojczyk
Speaker of the House John Boehner (R-Ohio) said 'I did my part’ in negotiations with President Barack Obama to avert the fiscal cliff by offering a proposal to raise taxes on millionaires.
Just hours before the House plans to vote on the Speaker’s “Plan B,” which will raise the marginal tax rate for people earning $1 million or more per year to 39.6 percent, Boehner said Republicans have done “everything we can” to avoid the fiscal cliff.
The fiscal cliff refers to the expiration of the Bush tax rates and the start of automatic spending cuts (sequestration) on Jan. 2, unless Congress and the White House act. The tax issues also include the child tax deduction; the end of the 10 percent bracket; and the Alternative Minimum Tax.
“President Obama and Senate Democrats haven’t done much of anything,” Boehner said during a Capitol Hill press conference today. “Their Plan B is to slow walk us over the fiscal cliff.”
“For weeks the White House has said that if I moved on rates, that they would make substantial concessions on spending cuts and entitlement reform,” Boehner said.
“I did my part,” he said. “They’ve done nothing.”
“The president’s last offer of $1.3 trillion in new revenue [taxes] with only $850 billion worth of spending reductions fails to meet the test of ‘balanced’ that he continues to call for.”
“Frankly,” Boehner continued, “I’m convinced that the president is unwilling to stand up to his own party on the big issues that face our country. Time is running short.”
“The House will act today and it’ll be up to the Senate Democrats and the White House to act,” he said.
(Excerpt) Read more at cnsnews.com ...
Lemmie get this crystal clear. You are willing to accept a tax increase while the budget ceiling hits Saturn? You re willing to keep rolling over for each and every created disaster to postpone the one right behind it?
Does it penetrate your oh so modern economic expertise that doing this crap every few months results in Obama spending more and more, the GOP giving him more and more of YOUR MONEY, and that you are saying “Please sir, can I enjoy another bigger sX!t sandwich?
Are you really that historically ignorant of the past several years or just a die hard GOP fan? And yes, that is a serious question.
How about follow his parties’ platform? Or do you too find it meaningless?
If he stands firm on this, he'll have my respect. I still have my doubts.
“I called up Rep. Louie Gohmert (TX-01) s office today and left him a message :
Stop saying that you ‘believe’ that this B bill raises taxes (on Cavuto yesterday) because you must know that is NOT true.
I told him to look up the history of those taxes cuts 2010 and 2003 and see that they expire without the B bill, the B bill extends most of them including mine and everyone I know.”
I am thrilled you called up Gohmert as he is the last one in the house who would vote for this bill. It was a wasted call.
It raises taxes. And the GOP supports it.
That is the message that Obama wants out there.
What rational people want is to cut spending. That will NOT happen unless we go over the cliff.
Let it happen.
The media is our biggest enemy, since Obama and the other communists couldn't get away with murder without them. They're truly despicable. They have absolutely no regard for truth.
Hmmm...Does the name “Judas” come to mind???
Not more equal, but smarter.
Even the drones here are wimpering and cowering as they stampede to fall in line with this marxist-ass-sucking POS.
Sir, you are the one who is eager for a tax increase. What are you not getting about this? Jan 1, the tax rates revert to 2000’s levels for everyone in the country. Capital Gains and dividend taxes go up, The Death Tax goes up, and the economy will go into a recession, and it won’t be that the Republicans get blamed because the Press is against them. The Republicans will get blamed because it will be their doing. Their leadership, and the White House had a set of proposals that would extract some pain from both sides but would prevent a sudden macroeconomic dislocation.
What I want is to reform Medicare and Social Security so that the old farts getting all their joints replaced on the government’s (i.e. MY) dime don’t leave this country an economic wasteland for my children. Would I accept slightly higher tax rates to see those reforms happen? Hell yes I would.
“What I want is to reform Medicare and Social Security so that the old farts getting all their joints replaced on the government’s (i.e. MY) dime”
Clearly you are on the wrong site. And in the wrong ‘party’. Those ‘old farts’ paid into SS all their lives.
Of course, seeing the GOP today, I guess you are actually in the right party.
I figured as much. You are just another FDR, LBJ Big Government Nanny State Socialist.
Mark levin and The Leadership Conference on Civil and Human Rights together at last LOL!
“Dear Representative:
On behalf of The Leadership Conference on Civil and Human Rights, a coalition of more than 210 national civil and human rights organizations, we urge you to oppose the amendment to H.J. Res. 66 known as “Plan B,” which is being proposed by Speaker Boehner in the midst of his year-end budget negotiations with President Obama. It represents a highly unbalanced approach that puts most of the burden on the people and communities that can least afford it.
We also urge you to oppose Rep. Mulvaney’s bill, H.R. 6684, which takes an even more extreme approach by mandating that all of the 2011 budget agreement sequester cuts be borne by non-defense discretionary programs only. It would mean severely cutting spending on education, food assistance, airline safety, infrastructure, health care, and much more.
The Plan B amendment would extend the Bush-era tax rates, including the ordinary income tax rates and the lower dividend and capital gains rates, on the first $1 million of income. It would also repeal limits on tax expenditures, namely the Personal Exemption Phase-out (PEP) and the Itemized Deduction Phase-out (also known as the Pease deduction phase-out), even for households with incomes over $1 million.
Through these changes, the Plan B amendment would only raise about $300 billion from high-income households. Not only does this fall drastically short of the revenues offered by Speaker Boehner, it even falls short of the roughly $400 billion in revenues that would be raised from repealing all of the Bush-era tax rate for incomes above $1 million. Moreover, 70 percent of the $400 billion lost by increasing the expiration threshold from $250,000 to $1 million would be kept by households that are making more than $1 million.
At the same time, the Plan B amendment would result in higher taxes on middle-class American families. It would eliminate a tax incentive for college education, effectively raising the taxes of 11 million families by an average of $1,100. It would reduce the refundability of the Child Tax Credit for 12 million working families, effectively raising their taxes by an average of $800. And it would eliminate the increase in the Earned Income Tax Credit for larger families and increase the EITC marriage penalty, effectively raising taxes on 6 million families by an average of $500. Moreover, the Plan B amendment does nothing to address a number of the other “fiscal cliff” issues that are looming, such as the sequester or emergency unemployment insurance.
As such, the Plan B amendment is not even a remotely serious effort at reaching a bipartisan compromise. Instead, it is an effort to protect as much of the income of the wealthiest Americans as possible while leaving other draconian cuts intact...”
That H.R. 6684 sounds good!
Says the guy who wants higher taxes.
“What I want is to reform Medicare and Social Security so that the old farts getting all their joints replaced on the government’s (i.e. MY) dime”
Absolutely disgusting!
Oh. In case you forgot this key phrase...
We don’t have a tax problem. We have a spending problem.
So before you hit up Grandma for money she already paid into the system, why don’t you make some noise about stopping the billions of dollars going to fund terrorists and other foreign states.
Get back to me when you find a good answer.
Yea but a lot of closet libs are coming out of the woodwork here lately. No shock really.
BTW, I don’t give a damn about your kids or you.
the elderly in this country paid into the system for their lifetimes and some pompous ass like you wants to dictate they don’t get medical care? You do sound like a selfish jackass.
I do feel bad for your kids having a moron like you for a parent.
This is why I keep bashing my head into a wall about getting this type of ‘conservative’ out of the movement. They destroyed the GOP and they will just as surely destroy what’s left of conservatism id they are allowed to spout their crap and divide us further.
“The press is so pathetic not to call the democrats....”
.
Sheesh — the MSM is PART of the demokrats.
There was never any way that the media was not going to blame the republicans.
At least he can say he made an effort. I wish he hadn't made as many concessions, but I don't expect it to pass the senate (maybe not even the house) to become law anyway.
Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.