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Mon Dec 3, 2012, 03:30 PM

Boehner Counters Obama Budget Offer With Fewer Revenues, Large Entitlement Cuts

Source: Talkingpointsmemo

Boehner Counters Obama Budget Offer With Fewer Revenues, Large Entitlement Cuts

BRIAN BEUTLER 3:22 PM EST, MONDAY DECEMBER 3, 2012

House Speaker John Boehner says President Obama should drop his proposal to avoid automatic tax increases and spending cuts at the end of the year, and instead embrace a plan outlined by Erskine Bowles -- co-chair of the White House's commission on fiscal responsibility -- at a congressional hearing last November.

"The new revenue in the Bowles plan would not be achieved through higher tax rates, which we continue to oppose and will not agree to in order to protect small businesses and our ailing economy," Boehner writes in a letter (PDF) to Obama. "Instead, new revenue would be generated through pro-growth tax reform that closes special-interest loopholes and deductions while lowering rates. On the spending side, the Bowles recommendation would cut more than $900 billion in mandatory spending and another $300 billion in discretionary spending. These cuts would be over and above the spending reductions enacted in the Budget Control Act."

http://livewire.talkingpointsmemo.com/entry/boehner-counters-obama-budget-offer-with-fewer-revenues

Read more: Link to source



Boehner's laughable offer conveniently fails to follow the part of Simpson Bowles which assumed the Bush tax cuts would not be extended for those making over $250,000. What a shock!

24 replies, 3898 views

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Arrow 24 replies Author Time Post
Reply Boehner Counters Obama Budget Offer With Fewer Revenues, Large Entitlement Cuts (Original post)
flpoljunkie Dec 2012 OP
louis-t Dec 2012 #1
1StrongBlackMan Dec 2012 #5
LongTomH Dec 2012 #15
ruffburr Dec 2012 #2
liberal N proud Dec 2012 #3
Javaman Dec 2012 #4
Hydra Dec 2012 #6
lyingsackofmitt Dec 2012 #7
Angry Dragon Dec 2012 #8
Capt.Rocky300 Dec 2012 #10
lalalu Dec 2012 #9
Panasonic Dec 2012 #11
hedgehog Dec 2012 #12
on point Dec 2012 #13
Dont call me Shirley Dec 2012 #14
John2 Dec 2012 #16
Samantha Dec 2012 #17
LeftInTX Dec 2012 #19
Samantha Dec 2012 #20
skrempi313 Dec 2012 #18
Yo_Mama_Been_Loggin Dec 2012 #21
OldDem2012 Dec 2012 #22
DallasNE Dec 2012 #23
blackspade Dec 2012 #24

Response to flpoljunkie (Original post)

Mon Dec 3, 2012, 03:35 PM

1. He really thinks people are as stupid as he is.

Cute buzzwords, though. "Pro-growth tax reform" and "special interest loopholes" which mean nothing to repugs.

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Response to louis-t (Reply #1)

Mon Dec 3, 2012, 03:42 PM

5. Heck ...

those phrases mean nothing to anyone, so long as neither are defined through specifics.

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Response to louis-t (Reply #1)

Mon Dec 3, 2012, 04:27 PM

15. "Special interest loopholes" refer to tax deductions that favor the Middle Class

Ex: The mortgage deduction.

Get boned, Boner!!!!!

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Response to flpoljunkie (Original post)

Mon Dec 3, 2012, 03:38 PM

2. I have but one response Mr.Boner-

FUCK YOU TAN MAN AND THE TEABAGS YOU RODE IN WITH!!!

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Response to flpoljunkie (Original post)

Mon Dec 3, 2012, 03:40 PM

3. On the backs of the middle class and poor

All so the FUCKING RICH MF's can soak some more into their offshore accounts.



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Response to flpoljunkie (Original post)

Mon Dec 3, 2012, 03:40 PM

4. I have a feeling this is one game of chicken the repukes are going to lose

and lose big on.

Good.

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Response to flpoljunkie (Original post)

Mon Dec 3, 2012, 03:43 PM

6. I just saw this come up on MSM sites

And if I hear anyone with a D from the Beltway say this is a great idea(again) I'm not going to be happy.

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Response to flpoljunkie (Original post)

Mon Dec 3, 2012, 03:47 PM

7. How did a guy

this fucking stoopid get to be speaker? Hey boner, when your car runs out of gas, do you change the tires instead of filling the tank? Cutting SS and Medicare has nothing to do with the budget. Go fuck yourself!

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Response to flpoljunkie (Original post)

Mon Dec 3, 2012, 03:47 PM

8. This is a huge part of the problem

The President laid out his desires.
It is not up to the President to enter into anything else.
It is the House that needs to sit down and work it out. Not the President
Boner has forgotten how to do his job, if he ever did ..............

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Response to Angry Dragon (Reply #8)

Mon Dec 3, 2012, 03:58 PM

10. As Rachel has said many times.......

"Mr. Boehner is not very good at his job."

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Response to flpoljunkie (Original post)

Mon Dec 3, 2012, 03:55 PM

9. I hope he gets scrooged

 

this Christmas by 3 avenging angels.

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Response to flpoljunkie (Original post)

Mon Dec 3, 2012, 04:01 PM

11. Obama should counter with removing entitlements from the plan and hit oil & gas and defense budgets

 

hard - NO LOOPHOLES

Time to end all subsidies to oil & gas industry as long as they are excessively profitable, and hit it with a huge tax and an audit of all their finances for 100 years, minimum.

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Response to flpoljunkie (Original post)

Mon Dec 3, 2012, 04:02 PM

12. Go to the PDF of the letter at the link and you'll find "entitlements"

apparently means the SNAP program - nutrition for pregnant and nursing mothers and small children!

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Response to flpoljunkie (Original post)

Mon Dec 3, 2012, 04:03 PM

13. Time to reject this Supply Side Dogma nonsense. Raise the rates, cut defense. NO OTHER CUTS!

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Response to flpoljunkie (Original post)

Mon Dec 3, 2012, 04:08 PM

14. OMG! STOP calling insurance programs entitlements!

The only real entiltlement programs are the tax breaks, loopholes, credits and subsidies for the wealthy and their megacorporations!

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Response to flpoljunkie (Original post)

Mon Dec 3, 2012, 05:06 PM

16. Bowles\Simpson

 

was rejected, but they tried to present it as some bipartison agreement that would have passed. It never had a chance to pass, and I'm glad it didn't. Even President Obama wasn't very excited about what came out of it. So for Bob Woodward and the media to portray it as a good agreement was bogus.

The Democratic Co-Chair ( Erskine Bowles) is a creature of Wall Street. The only political position that he had in the Clinton Administration is when, Clinton offered him a job to work on the budget, but Bowles was never a fixture in the Clinton Administration. He was only there for a short while and then resigned to go back to the private sector. He went into Banking and started an equity firm, just like Mitt Romney. He never won any political office in North Carolina. He also was hired by the University of North Carolina and he was the person that helped to bring Holden Thorpe as Chancellor at UNC. We know what happened under Thorpe's Administration at UNC. Thorpe was elitist as they come.

I don't have too much of a high opinion of Erskine Bowles and identify him as just another conservative white Democrat out of North Carolina, that hates entitlements and more favorable to Wall Street. So he was put head of this committee by association with the Clinton Administration, which in essence placed a Republican from Wyoming and Conservative white Democrat, deciding on the fate of the Fiscal Cliff. Every group and liberal politician ended up rejecting Bowles\Simpson. As far as the Republicans objections, it didn't go far enough during after the 2010 mid term elections. In other words, the Republicans were feeling their oats, just like President Obama apparently is feeling now. And there is a side note to this, Senator Durbin of Illinois also rejected it, if some really want to know where he really stands. Durbin disagreed with the spending cuts and is apparently on the same lines with President Obama. He also does not think Social Security should be part of the talks.

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Response to John2 (Reply #16)

Mon Dec 3, 2012, 05:37 PM

17. Not that I consider him an authority on anything, but even Ryan refused to support it

"The 18-member panel needed 14 votes to send a 10-year plan to trim the debt to Congress for a vote. As his party’s then- ranking member on the House Budget Committee, Ryan led a bloc of three House Republicans who denied the additional votes needed."

http://www.businessweek.com/news/2012-08-13/ryan-opposed-debt-reduction-plan-romney-used-as-a-model

Sam

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Response to Samantha (Reply #17)

Mon Dec 3, 2012, 05:56 PM

19. Ryan rejected Bowles-Simpson for the wrong reasons

He rejected it because of his pledge to Grover.

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Response to LeftInTX (Reply #19)

Mon Dec 3, 2012, 06:31 PM

20. Yes, I know, the article at the link points that out

It still sounds strange for the statement to be made the B/S should be adopted when even 3 Republicans walked away (for whatever reason).

Sam

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Response to flpoljunkie (Original post)

Mon Dec 3, 2012, 05:54 PM

18. Speaker Boehner: The Protector Of The Rich

 

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Response to flpoljunkie (Original post)

Mon Dec 3, 2012, 07:43 PM

22. He didn't learn a thing from the election, did he? What a loser. nt.

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Response to flpoljunkie (Original post)

Mon Dec 3, 2012, 09:16 PM

23. The Audience For Boehner's Letter Is Not The President

It is a political document written for the purpose of releasing it for public consumption. Boehner, in other words is in campaign mode. The very first sentence is a giant stretch where he calls the recent election a status-quo election. Republicans lost ground at every level, local all of the way up to President with the exception of picking up a net one Governor's chair.

And it is loaded with insults and shows disrespect for the office of President. Boehner and the rest of the signers should be embarrassed by this letter that is long on pettiness.

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Response to flpoljunkie (Original post)

Mon Dec 3, 2012, 10:57 PM

24. Boner is so transparently shitty.

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