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Fri Dec 28, 2012, 08:11 PM

CSPAN: President Obama on the current negotiation status.

Source: CSPAN

WASHINGTON, DC
Friday, December 28, 2012

Congressional leaders and President Obama met this afternoon to restart negotiations on a way to avoid scheduled tax hikes and budget cuts scheduled to take place in the new year.

The President stated in an afternoon press briefing that he was 'modestly optimistic.' He also said that if Senate lawmakers cannot work out a deal than he has offered a scaled-back package that the Senate could present on the Floor for "a simple up or down vote."

According to House Speaker John Boehner's (R-OH) office, "The leaders spent the majority of the meeting discussing potential options and components for a plan that could pass both chambers of Congress." Boehner's office also stated that the "Speaker told the President that if the Senate amends the House-passed legislation and sends back a plan, the House will consider it - either by accepting or amending."

The group agreed that the next step should be the Senate taking bipartisan action.

On the Senate Floor, Senate Majority Leader Harry Reid (D-NV) described the talks as "a very positive meeting."

No agreement has been reached yet on a way to block across-the-board tax increases and cuts to federal programs scheduled to take place in the new year.

Read more: http://www.c-span.org/Events/White-House-Top-Lawmakers-Hold-Fiscal-Cliff-Talks-Pres-Obama-Modestly-Optimistic/10737436902-4/



What he said was quite predictable. I really like the unaltered coverage of CSPAN. Notice the talking Heads lined up, filling their roles on their networks as the President walked in. After he is pau, they stand, turn around and continue their performance.

Hopefully, the American People are being cued in on the intransigence of the radical unpatriotic right wing of the GOP.
Boehner is bad enough, but those of his own party who are leading our country down this path are way, way out of line. And the clueless average citizens who voted these clowns in...

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Reply CSPAN: President Obama on the current negotiation status. (Original post)
jonthebru Dec 2012 OP
bucolic_frolic Dec 2012 #1

Response to jonthebru (Original post)

Fri Dec 28, 2012, 10:45 PM

1. Is it a good deal?

Leaves estate taxes as is.

Cuts taxes for all under $400,000.

No money for infrastructure.

Extends unemployment insurance.

Sequestration unclear.

Doesn't raise the debt ceiling.

The last is going to come back to haunt for the rest of the spring.

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