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View Diary: Are we watching a re-run of Caver-in-Chief? (116 comments)

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  •  There is no table (2+ / 0-)
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    emelyn, Larsstephens

    In case you haven't heard, earlier today Boehner walked away from the deal and is going with a political stunt in the House:

    "The president’s offer of $1.3 trillion in revenues and $850 billion in spending reductions fails to meet the test that the president promised the American people – a balanced approach," Boehner said in dramatic, 50-second "press conference" Wednesday. "Tomorrow, the House will pass legislation to make permanent tax relief for nearly every American – 99.81 percent of the American people. And then the president will have a decision to make: He can call on Senate Democrats to pass that bill, or he can be responsible for the largest tax increase in American history.”
    The "Plan B" vote is a tactical maneuver by Boehner, aimed at forcing Democrats to vote for the bill or risk raising taxes on the vast majority of Americans. According to Republican insiders, the thinking is that by getting the revenue question out of the way, the GOP will have more leverage to negotiate spending cuts and entitlement reforms during the debt ceiling debate next year.
    Obama, meanwhile, has promised to veto the "Plan B" bill should it get to his desk. In his dueling press conference Wednesday, he accused Republicans of walking away from an imminent compromise that had included big concessions from the White House, including raising the income tax threshold to $400,000 and changing cost-of-living adjustments for Social Security.

    The question is, will Boehner get enough Republicans to sign onto a bill that increases taxes?

    His lack of negotiation skills? His track record? Really?

    “We are not a nation that says ‘don’t ask, don’t tell.’ We are a nation that says ‘out of many, we are one.’” -Barack Obama

    by skohayes on Wed Dec 19, 2012 at 03:46:37 PM PST

    [ Parent ]

    •  By offering it, (0+ / 0-)

      the President put it on the table and as a result, has already done terrible harm to Social Security.  The Republicans now know that Social Security is fair game, along with the rest of the social safety net since Social Security is the most fiscally solid program in the social safety net.

      "Growing up is for those who don't have the guts not to. Grow wise, grow loving, grow compassionate, but why grow up?" - Fiddlegirl

      by gulfgal98 on Thu Dec 20, 2012 at 12:27:21 PM PST

      [ Parent ]

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