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kentuck Donating Member (1000+ posts) Send PM | Profile | Ignore Mon Jul-11-11 11:26 AM
Response to Reply #5
6. Read this?
http://www.washingtonpost.com/business/economy/boehner-...

<snips>
"Obama, at least, was willing to make that leap and had put significant reductions to entitlement programs on the table. But on Saturday, Boehner blinked: Republican aides said he could not, in the end, reach agreement with the White House on a strategy to permit the Bush-era tax cuts for the nations wealthiest households to expire next year, as lawmakers undertook a thorough rewrite of the tax code.
...
In private negotiations with the White House last week, Boehner dangled a tax deal that he thought might bridge the divide. Republicans would immediately extend the Bush tax cuts for middle-class households, leaving the cuts that benefit the nations wealthiest taxpayers on track to expire next year. That would have been a huge win for Democrats, whose liberal base views ending tax cuts for the rich as a top priority and one that Obama has failed to deliver."
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