HomeLatest ThreadsGreatest ThreadsForums & GroupsMy SubscriptionsMy Posts
DU Home » Latest Threads » Forums & Groups » Main » Latest Breaking News (Forum) » Mitch McConnell: I 'Burst...
Introducing Discussionist: A new forum by the creators of DU

Fri Nov 30, 2012, 08:09 PM

Mitch McConnell: I 'Burst Into Laughter' When Geithner Outlined Obama's Fiscal Cliff Plan [View all]

Source: The Huffington Post



Treasury Secretary Timothy Geithner presented President Barack Obama's opening offer on a fiscal cliff deal to Republicans on Thursday, reportedly eliciting laughter from Senate Minority Leader Mitch McConnell (R-Ky.), who found it absurd.

McConnell told the Weekly Standard that he "burst into laughter" as Geithner outlined the plan. The Republican said no offense was meant, and that it was simply a candid reaction to the proposal, which he characterized as one-sided and ridiculous over its calls for large increases in tax revenue, while being light on promises of the large spending cuts or entitlement reforms that many of McConnell's colleagues have demanded.

Here are some of the specifics of the plan, from the Associated Press:

GOP aides say Treasury Secretary Tim Geithner presented an offer calling for $1.6 trillion in new tax revenue over the coming decade, extending the 2 percentage point payroll tax deduction or something comparable to it and $50 billion in stimulus spending on infrastructure projects.


Read more: http://www.huffingtonpost.com/2012/11/30/mitch-mcconnell-fiscal-cliff_n_2218063.html

69 replies, 10050 views

Reply to this thread

Back to top Alert abuse

Always highlight: 10 newest replies | Replies posted after I mark a forum
Replies to this discussion thread
Arrow 69 replies Author Time Post
Reply Mitch McConnell: I 'Burst Into Laughter' When Geithner Outlined Obama's Fiscal Cliff Plan [View all]
Adenoid_Hynkel Nov 2012 OP
craigmatic Nov 2012 #1
mac56 Nov 2012 #6
xtraxritical Nov 2012 #30
olegramps Dec 2012 #47
wordpix Dec 2012 #33
catchnrelease Dec 2012 #60
mercuryblues Nov 2012 #2
MrSlayer Nov 2012 #3
customerserviceguy Nov 2012 #15
MrSlayer Nov 2012 #16
customerserviceguy Dec 2012 #45
LineLineLineReply I
John2 Nov 2012 #21
customerserviceguy Dec 2012 #46
SemperEadem Dec 2012 #50
customerserviceguy Dec 2012 #63
notadmblnd Dec 2012 #68
customerserviceguy Dec 2012 #69
grantcart Nov 2012 #26
sendero Dec 2012 #41
grantcart Dec 2012 #64
sendero Dec 2012 #65
grantcart Dec 2012 #67
customerserviceguy Dec 2012 #62
SemperEadem Dec 2012 #49
Kyad06 Dec 2012 #51
Cleita Nov 2012 #4
lastlib Nov 2012 #18
LineLineLineReply !
csziggy Dec 2012 #44
ewagner Dec 2012 #42
PoliticAverse Nov 2012 #5
hrmjustin Nov 2012 #7
wordpix Dec 2012 #37
hrmjustin Dec 2012 #38
BlueToTheBone Nov 2012 #8
liberal N proud Nov 2012 #9
Judi Lynn Nov 2012 #10
ballaratocker Nov 2012 #11
customerserviceguy Nov 2012 #12
Iggy Nov 2012 #13
high density Nov 2012 #14
corneliamcgillicutty Nov 2012 #17
blackspade Nov 2012 #19
sheshe2 Nov 2012 #20
wordpix Dec 2012 #36
chuckstevens Nov 2012 #22
xtraxritical Nov 2012 #29
chuckstevens Dec 2012 #59
The Wizard Nov 2012 #23
L0oniX Nov 2012 #24
ReRe Nov 2012 #25
Phlem Nov 2012 #27
Stewland Nov 2012 #28
BlueStreak Nov 2012 #31
NickP Dec 2012 #32
wordpix Dec 2012 #34
Rain Mcloud Dec 2012 #35
frylock Dec 2012 #39
tomm2thumbs Dec 2012 #40
Aerows Dec 2012 #43
SemperEadem Dec 2012 #48
Kyad06 Dec 2012 #52
Sekhmets Daughter Dec 2012 #53
murray hill farm Dec 2012 #54
burnsei sensei Dec 2012 #55
pansypoo53219 Dec 2012 #56
sevenseas Dec 2012 #57
JackHughes Dec 2012 #58
Initech Dec 2012 #61
Rosa Luxemburg Dec 2012 #66