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Fri Dec 21, 2012, 06:00 PM

Obama Drops the Hammer on Republicans and Pulls Back His Last Fiscal Cliff Proposal


Obama Drops the Hammer on Republicans and Pulls Back His Last Fiscal Cliff Proposal

After House Republicans imploded over their own Plan B, President Obama took away much of his previous proposal by calling for Republicans to get their act together and cut taxes on the 98% right now.

Obama said he met them on taxes and he met them more than halfway on spending, The president said he is still committed to working towards the goal of making a deal, but in 10 days we are facing a deadline. The president then reiterated his call for Congress to immediately extend the Bush tax cuts for the 98%. He said he spoke to both Boehner and Reid, and he is asking them to extend the tax cuts for the 98% and extend unemployment benefits. Obama said, “Governing is a shared responsibility between both parties…everybody’s got to give a little bit in a sensible way. We move forward together, or we don’t move forward at all.”

The president turned up the heat by asking members of Congress to think about their obligations to the people that they serve over Christmas. President Obama said, “We’re going to have find some common ground.” He said the challenge is that the American people are much more sensible, responsible, and willing to compromise than the people they elected.

Underneath all the nice language about compromise, President Obama pulled back any sort of cuts that he had offered in his previous proposal by urging Republicans and Democrats to pass a tax cut extension for the 98%. In other words, that $400,000 income cutoff for the tax cut extension is gone, and we are back to $250,000. In fact, the President appeared to take all spending cuts off the table.

Obama’s call for congressional leadership to put spending cuts on the shelf and cut taxes for the 98% is exactly what he has wanted all along. Republicans blew their once chance at a deal, and now it looks like they can kiss any immediate entitlement cuts goodbye. It would surprise no one if Republicans reject what the president put on the table today, but the president is making House Republicans pay a price for their incompetence by cutting his offer.

-snip-

Full article here: http://www.politicususa.com/obama-drops-hammer-republicans-pulls-fiscal-cliff-proposal.html



Bolding is mine.

47 replies, 5044 views

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Arrow 47 replies Author Time Post
Reply Obama Drops the Hammer on Republicans and Pulls Back His Last Fiscal Cliff Proposal (Original post)
Tx4obama Dec 2012 OP
CaliforniaPeggy Dec 2012 #1
Tarheel_Dem Dec 2012 #2
PoliticAverse Dec 2012 #34
monmouth3 Dec 2012 #3
NNN0LHI Dec 2012 #11
geckosfeet Dec 2012 #31
JDPriestly Dec 2012 #32
Ligyron Dec 2012 #4
Cha Dec 2012 #5
appacom Dec 2012 #6
santamargarita Dec 2012 #7
Chemisse Dec 2012 #24
JDPriestly Dec 2012 #33
pnwmom Dec 2012 #37
democrattotheend Dec 2012 #43
santamargarita Dec 2012 #45
taught_me_patience Dec 2012 #47
Cosmocat Dec 2012 #8
AnotherMcIntosh Dec 2012 #9
bahrbearian Dec 2012 #14
forestpath Dec 2012 #15
heaven05 Dec 2012 #21
forestpath Dec 2012 #27
bloomington-lib Dec 2012 #22
heaven05 Dec 2012 #42
1StrongBlackMan Dec 2012 #10
Skraxx Dec 2012 #35
1StrongBlackMan Dec 2012 #36
EmeraldCityGrl Dec 2012 #12
subterranean Dec 2012 #25
ThoughtCriminal Dec 2012 #13
Honeycombe8 Dec 2012 #16
bpositive Dec 2012 #17
Aldo Leopold Dec 2012 #18
railsback Dec 2012 #19
LineReply I
heaven05 Dec 2012 #20
JEB Dec 2012 #23
Harriety Dec 2012 #26
Enrique Dec 2012 #28
raquel69 Dec 2012 #29
valerief Dec 2012 #30
DFW Dec 2012 #38
valerief Dec 2012 #40
UCmeNdc Dec 2012 #39
WhoWoodaKnew Dec 2012 #41
democrattotheend Dec 2012 #44
taught_me_patience Dec 2012 #46

Response to Tx4obama (Original post)

Fri Dec 21, 2012, 06:02 PM

1. Good for him.

The ball is now in the Republicans' court.

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Response to Tx4obama (Original post)

Fri Dec 21, 2012, 06:09 PM

2. So, it really looks like we're gonna go over? That's disappointing, but the Prez has tried. nt

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Response to Tarheel_Dem (Reply #2)

Fri Dec 21, 2012, 09:12 PM

34. They'll be back at it after Christmas. n/t

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Response to Tx4obama (Original post)

Fri Dec 21, 2012, 06:18 PM

3. Many on DU will be disappointed...n/t

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Response to monmouth3 (Reply #3)

Fri Dec 21, 2012, 08:52 PM

31. Like who? Anyone particular in mind? Or just projecting.

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Response to monmouth3 (Reply #3)

Fri Dec 21, 2012, 08:54 PM

32. And many will say, serves Republicans right.

The military expenditures will be cut. That is something they don't want.

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Response to Tx4obama (Original post)

Fri Dec 21, 2012, 06:20 PM

4. That's what it looks like to me.

back to 250K and below and go over the cliff.

Then it's their fault -- which it always was anyway.

We'll live

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Response to Tx4obama (Original post)

Fri Dec 21, 2012, 06:24 PM

5. Thank you, Jason Easley, and Tx!

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Response to Tx4obama (Original post)

Fri Dec 21, 2012, 06:24 PM

6. Obama got game. Never doubted he knew

what he was doing for a moment.

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Response to Tx4obama (Original post)


Response to santamargarita (Reply #7)

Fri Dec 21, 2012, 07:57 PM

24. My sentiments exactly.

This is a big relief.

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Response to santamargarita (Reply #7)

Fri Dec 21, 2012, 08:56 PM

33. I suspect that Republicans got the same calls from seniors and their kids

about the cuts to Social Security that the Democrats did.

It is possible that the Republicans did not want to cut Social Security in the end.

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Response to santamargarita (Reply #7)

Sat Dec 22, 2012, 01:13 AM

37. Would you feel the same if your unemployment benefits were going to expire on Jan. 1?

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Response to santamargarita (Reply #7)

Sat Dec 22, 2012, 10:55 AM

43. Tell that to people who face losing their unemployment, or workers who could lose their jobs

If we go into another recession.

I am not saying a bad deal is necessarily better than going over, but callous attitudes like that really bug me. A lot of people will be hurt if we go over the cliff, some in a much more immediate and hard-hitting way than the impact of having SS go up less over time.

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Response to democrattotheend (Reply #43)


Response to santamargarita (Reply #7)

Sat Dec 22, 2012, 11:42 AM

47. So you're willing to let the country go into recession

hurting millions of middle class americans to avoid a miniscule cut to those that would be almost unharmed by that very disaster? How progressive of you! (or should I say... how selfish of you...?)

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Response to Tx4obama (Original post)

Fri Dec 21, 2012, 06:26 PM

8. I would hope to christ he did

nm

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Response to Tx4obama (Original post)

Fri Dec 21, 2012, 06:38 PM

9. So, according to someone's interpretation, he's taken SS cuts off the table once again?

 

If he didn't keep insisting upon SS cuts, the self-appointed Obama spokesmen would have more credibility when claiming, eg, that
"President Obama pulled back any sort of cuts that he had offered in his previous proposal "

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Response to AnotherMcIntosh (Reply #9)

Fri Dec 21, 2012, 06:50 PM

14. That doesn't sound like they said anything about the CPI ?

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Response to AnotherMcIntosh (Reply #9)

Fri Dec 21, 2012, 07:12 PM

15. Here's what Obama said that couldn't pertain to anything but SS:

 

"As of today, I am still ready and willing to get a comprehensive package done. I still believe that reducing our deficit is the right thing to do for the long-term health of our economy and the confidence of our businesses. I remain committed to working towards that goal, whether it happens all at once or whether it happens in several different steps "

So he's going to need a lot of hammers.

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Response to forestpath (Reply #15)

Fri Dec 21, 2012, 07:42 PM

21. no

nothing here related to SS.

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Response to heaven05 (Reply #21)

Fri Dec 21, 2012, 08:23 PM

27. Yes.

 

That's he means when he talks about the deficit. But keep your head in the sand.

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Response to forestpath (Reply #15)

Fri Dec 21, 2012, 07:45 PM

22. He'll get that SS cut. Probably as soon as he originally wanted it, but if not, next time.

I do not read anything implying that he's fighting or even wants to keep SS from getting cuts.

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Response to bloomington-lib (Reply #22)

Sat Dec 22, 2012, 09:31 AM

42. and

I'm not reading anything with my President saying he is going to cut SSI. Keep sharpening those knives Quislings. Brutus is envious in his grave of ALL you folks. He knows he taught you well.

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Response to Tx4obama (Original post)

Fri Dec 21, 2012, 06:39 PM

10. I wouldn't be surprised ...

if the main features of the deal are:

U/C extension
cut-off at $500K
and no sequestor
with a promise to look at spending later

This deal I could live with ... but I suspect it'll still upset many here because "He promised $250K!"

Further, I think all the calls for bi-partisanship from Democratic leaders is to pick off about 24 gopers.

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Response to 1StrongBlackMan (Reply #10)

Fri Dec 21, 2012, 10:14 PM

35. I'd Try To Sweeten It With Some Stimulus In Return for A Reduction In The Military Sequestration

But that's just me.

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Response to Skraxx (Reply #35)

Sat Dec 22, 2012, 12:08 AM

36. That'll work. n/t

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Response to Tx4obama (Original post)

Fri Dec 21, 2012, 06:43 PM

12. Any tax burden on those under $250'000 can

be retroactively corrected after we go over the cliff. Obama can't play nice with these
fools. They know once they go over they are in a much weaker position. Nice move.

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Response to EmeraldCityGrl (Reply #12)

Fri Dec 21, 2012, 08:11 PM

25. Yes, and then it can be framed as a tax cut for 100% of taxpayers

since even billionaires will pay less on their first $250,000 of earnings. It will be interesting to see the Republicans opposing that.

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Response to Tx4obama (Original post)

Fri Dec 21, 2012, 06:44 PM

13. Looks like GOP leadership needs to negotiate with Democrats

instead of Tea-bagger extremists.

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Response to Tx4obama (Original post)

Fri Dec 21, 2012, 07:19 PM

16. Why didn't he delineate the cuts he had offered?

Boehner said the White House has done nothing toward negotiating. The jerk tea partier on M Joe this morning said there were immediate cuts in Boehner's Plan B or the White House proposal....except for some things for the future.

These things need to be addressed, so that the public is CLEAR that the White House has done what Obama claims: gone more than halfway, and included cuts in his proposal.

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Response to Tx4obama (Original post)

Fri Dec 21, 2012, 07:24 PM

17. I said he should have

Done this last night - but today is just fine. Fuck the republicans!

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Response to Tx4obama (Original post)

Fri Dec 21, 2012, 07:28 PM

18. Totally saw this coming.

Just as a smart lawyer never asks a question he/she does not already know the answer to, a smart negotiator never makes a "conciliatory offer" he/she knows will compromise their true objective.

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Response to Tx4obama (Original post)

Fri Dec 21, 2012, 07:34 PM

19. To all of those calling my hypothesis 'shit'...

 

here's your 'shit' back at you.

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Response to Tx4obama (Original post)

Fri Dec 21, 2012, 07:39 PM

20. I

knew he heard us about the 'entitlement' cuts. NO!

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Response to Tx4obama (Original post)

Fri Dec 21, 2012, 07:52 PM

23. OK for the tax rates

but what about SS and the Chained CPI cuts?

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Response to Tx4obama (Original post)

Fri Dec 21, 2012, 08:22 PM

26. Going over the fiscal bump soon. Ye ha!

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Response to Tx4obama (Original post)

Fri Dec 21, 2012, 08:30 PM

28. the parts in bold are in Jason Easley's imagination

as is the hammer. He told them to have egg nog and enjoy their families, which is fine with me. It was a perfectly good statement by Obama, no need for imaginary hammers.

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Response to Tx4obama (Original post)

Fri Dec 21, 2012, 08:43 PM

29. "Might as well Jump"



LOL!

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Response to Tx4obama (Original post)

Fri Dec 21, 2012, 08:50 PM

30. And it's our job to get pissed and gripe when he brings out any spending cuts.

We're all doing our jobs.

Except for the freakin' Congress.

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Response to valerief (Reply #30)

Sat Dec 22, 2012, 06:15 AM

38. My sister sent me this yesterday. It pertains to what you posted


A WISH TO LIVE FOREVER


I met a fairy who said she would grant me one wish.

Immediately I said, "I want to live forever."

"Sorry," said the fairy, "I'm not allowed to grant eternal life."

"OK," I said, "Then, I want to die after Congress gets its head out of its ass!"

"You crafty bastard," said the fairy.

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Response to DFW (Reply #38)

Sat Dec 22, 2012, 08:17 AM

40. Ha! Good one! nt

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Response to Tx4obama (Original post)

Sat Dec 22, 2012, 07:15 AM

39. Good for him!

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Response to Tx4obama (Original post)

Sat Dec 22, 2012, 09:01 AM

41. I think it's just a game

that both sides are playing. These kinds of things always get done dramatically at the 11th hour. And the cliff isn't a cliff. It's a temporary period until the politicians get enough heat to make a deal.

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Response to WhoWoodaKnew (Reply #41)

Sat Dec 22, 2012, 10:56 AM

44. I agree

I just hope the GOP wants a deal even more than the president does so that they will be the ones who give in.

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Response to Tx4obama (Original post)

Sat Dec 22, 2012, 11:39 AM

46. Any offer that was once on the table can be back on the table

whether you're buying a DVD at Best Buy, a car, or negotiating budgets at the federal level.

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