'Fiscal Cliff': No One Retreating; Talks Seem At Standstill
Source: Associated Press
Updated: Dec 10, 2012 5:33 PM EST
By DAVID ESPO
WASHINGTON (AP) - A year-end deadline approaching, negotiations to avoid an economy-rattling "fiscal cliff" appeared at a standstill Monday. Republicans pressed President Barack Obama to name specific spending cuts he will support, while the White House insisted the GOP agree explicitly to raise tax rates on upper incomes.
At a campaign-style event in Michigan, Obama warned his listeners their taxes will rise on Jan. 1 without action by the Congress. "That's a hit you can't afford to take," he declared.
He spoke one day after meeting privately at the White House with House Speaker John Boehner, whose office expressed frustration with the talks to date.
"We continue to wait for the president to identify the spending cuts he's willing to make as part of the 'balanced' approach he promised the American people,'" said a written statement from the Ohio Republican's office.
Read more: http://www.kcautv.com/story/20301640/rank-and-file-question-gop-fiscal-cliff-stance
DonCoquixote
(13,616 posts)I would much rather take it then let the rich think they can get what they want, yet again...
Lasher
(27,575 posts)In January we'll be at a better starting point, and with a better Congress.
FreeBC
(403 posts)Maybe this is the "new 2nd-term" Obama, but I'll believe he's not willing to give away the farm when I see it happen.
The Magistrate
(95,247 posts)He needs to specify exactly what spending cuts, in detail, he wants Democrats to agree to --- and if he does, he and his party are fucked, as he well knows.
Capester79
(6 posts)Democrats Will Fix Economy By Themselves As Usual!!!
Pryderi
(6,772 posts)msongs
(67,395 posts)SoapBox
(18,791 posts)and then we can get down to serious work.
forestpath
(3,102 posts)Dyedinthewoolliberal
(15,569 posts)the deal is, 'bring me a bill that save the cut for those making under 250K per year, or the cuts expire for everyone'
What is so freakin' hard to understand about that Mr. Boehner?