Free Republic
Browse · Search
Topics · Post Article

Skip to comments.

WH 'Absolutely' Willing To Go Off 'Fiscal Cliff'
ABC ^ | Dec. 5, 2012 | DEVIN DWYER (@devindwyer) , MARY BRUCE (@marykbruce) , JOHN PARKINSON (@jparkABC) and SUNLEN MILLER

Posted on 12/05/2012 4:14:50 PM PST by ExxonPatrolUs

US President Barack Obama speaks on the fiscal cliff negotiations and business relations during the Washington Business Roundtable in Washington.

President Obama's lead negotiator in the "fiscal cliff" talks said the administration is "absolutely" willing to allow the package of deep automatic spending cuts and across-the-board tax hikes to take effect Jan. 1, unless Republicans drop their opposition to higher income tax rates on the wealthy.

Treasury Secretary Timothy Geithner said in an interview with CNBC that both sides are "making a little bit of progress" toward a deal to avert the "cliff" but remain stuck on Obama's desired rate increase for the top U.S. income-earners.

"There's no prospect for an agreement that doesn't involve those rates going up on the top two percent of the wealthiest," Geithner said.

Most House Republicans, including Speaker John Boehner, remain opposed to any increase in tax rates.

Obama and Boehner spoke by phone this afternoon, their first conversation in exactly one week, an administration official said. Their relations have grown frosty in recent days as both sides have dug in on the issue of higher rates.

In separate appearances earlier today, Obama and Boehner publicly sparred over who's to blame for the standoff and what to do if lawmakers can't reach a broad deficit-reduction agreement in 27 days.

(Excerpt) Read more at ...

TOPICS: Chit/Chat
KEYWORDS: cliff; fiscal; obama; willing

1 posted on 12/05/2012 4:14:58 PM PST by ExxonPatrolUs
[ Post Reply | Private Reply | View Replies]

To: ExxonPatrolUs

Willing should be changed EAGER

2 posted on 12/05/2012 4:19:32 PM PST by CMailBag
[ Post Reply | Private Reply | To 1 | View Replies]

To: ExxonPatrolUs

3 posted on 12/05/2012 4:19:32 PM PST by Red Steel
[ Post Reply | Private Reply | To 1 | View Replies]

To: ExxonPatrolUs

The “Fiscal Cliff” is little more than political kabuki theatre , and it occurs every year in January.

The “Fiscal Cliff” was created by the same OBozo who hasn’t passed a budget in the last four years. That’s leadership from behind !

4 posted on 12/05/2012 4:22:02 PM PST by Tilted Irish Kilt
[ Post Reply | Private Reply | To 1 | View Replies]

To: ExxonPatrolUs

One thing I know for sure about Barry Benghazi. He doesn’t shive a git what happens to America and Americans. It’s all about him. As long as Barry is getting his, he don’t care about anybody else. He’s the most selfish bass turd that I’ve ever seen in my life.

5 posted on 12/05/2012 4:22:24 PM PST by FlingWingFlyer (Don't tax me bro! Tax that guy over there!)
[ Post Reply | Private Reply | To 1 | View Replies]

To: CMailBag

Eager to be able to blame Pubs. But then wouldn’t their disgust at Pub indifference to grandparents eating dog food lose its credibility when we look back upon how they, too, were willing to do it? Oh yeah, the MSM won’t look back. This very article will go down the memory hole. I am conscious right now of living in a present which will never become a past. Funny thing.

6 posted on 12/05/2012 4:26:03 PM PST by Tublecane
[ Post Reply | Private Reply | To 2 | View Replies]

To: ExxonPatrolUs

Perhaps SEAL Team 6 is on standby to ‘eliminate’ the Republican Congressional leadership? But, GM is still alive, right?

7 posted on 12/05/2012 4:39:19 PM PST by SERKIT ("Blazing Saddles" explains it all.......)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ExxonPatrolUs

Slap a few JATOs on Thelma and Louise’s Thunderbird and make that beauty FLY.

8 posted on 12/05/2012 4:46:23 PM PST by Zuben Elgenubi
[ Post Reply | Private Reply | To 1 | View Replies]

To: ExxonPatrolUs

We already went off the November, 2008.

9 posted on 12/05/2012 4:48:52 PM PST by Ben Hecks (Behghazi: Four bumps in the road for Obama)
[ Post Reply | Private Reply | To 1 | View Replies]

To: ExxonPatrolUs

What happens to those who do “blind leaps”?


10 posted on 12/05/2012 4:52:19 PM PST by Texas Fossil
[ Post Reply | Private Reply | To 1 | View Replies]

To: ExxonPatrolUs

It is interesting that Calvin Coolidge and Herbert Hoover are blamed for the Great Depression.

No matter what happens in history, the leader ALWAYS will get the blame.

Obama will make short term shrift of the the GOP, but he will be known forever and ever in the books as the President who caused the greatest economic disaster in history.

Not Boehner, who will be a mere footnote, but Obama who will be described as a complete disaster.

11 posted on 12/05/2012 4:53:57 PM PST by OpusatFR
[ Post Reply | Private Reply | To 1 | View Replies]

To: ExxonPatrolUs

and just think, this is all about the ego of one man - barack obama -who wants this tax increase for ideological reasons

have we fallen down a rabbit hole?

12 posted on 12/05/2012 5:04:05 PM PST by silverleaf (Age Takes a Toll: Please Have Exact Change)
[ Post Reply | Private Reply | To 1 | View Replies]

To: silverleaf

Let’s go. Hold on.

13 posted on 12/05/2012 5:23:10 PM PST by ogen hal (First amendment or reeducation camp?)
[ Post Reply | Private Reply | To 12 | View Replies]

To: OpusatFR

Yep. It’s something I can’t understand. How is Obama going to create a Socialist Workers Paradise with a 16 trillion dollar national debt? There’s no money to pay for it. And what happens when the government reaches the end of the money? Then we become like Greece. And aren’t the Greeks rioting in the streets against the government that failed them?

So Obama and Progressives are on a path of self destruction. Don’t they see that? Or is my scenario flawed?

Some help me here.

14 posted on 12/05/2012 6:06:33 PM PST by Hound of the Baskervilles ("Nonsense in the intellect draws evil after it." C.S. Lewiscrate)
[ Post Reply | Private Reply | To 11 | View Replies]

To: Hound of the Baskervilles

I’m gobsmacked by it all.

China and the Asian countries made an utter fool of Obama at the Asian meeting. The media didn’t see fit to broadcast that fact.

China is making a lot of currency deals with Asia, South America and Africa and today it was announced that South Korea would be trading in Yuan.

The whole thing is going to blow. I know the GS boys and other masters of the universe seem to think they are able to contain any manner of financial damage, but I think they are terrified.

I think Obama and his boys are terrified.

If the game is to create a one-world currency, they may get it. But frankly, I don’t buy into conspiracies. I do buy into greed and extreme self-interest and that is what has happened.

This “Cliff” is minor compared to what is coming and there isn’t any answer for it.

Obama will go down in history but not the way he would like.

15 posted on 12/05/2012 6:21:50 PM PST by OpusatFR
[ Post Reply | Private Reply | To 14 | View Replies]

Disclaimer: Opinions posted on Free Republic are those of the individual posters and do not necessarily represent the opinion of Free Republic or its management. All materials posted herein are protected by copyright law and the exemption for fair use of copyrighted works.

Free Republic
Browse · Search
Topics · Post Article

FreeRepublic, LLC, PO BOX 9771, FRESNO, CA 93794 is powered by software copyright 2000-2008 John Robinson