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White House rejects GOP fiscal cliff counteroffer
Associated Press ^ | 3 Dec. 2012 4:58 PM ET

Posted on 12/03/2012 3:02:08 PM PST by Olog-hai

Edited on 12/03/2012 3:04:25 PM PST by Admin Moderator. [history]

The White House is rejecting a Republican counteroffer aimed at averting the “fiscal cliff,” saying it does not meet what the White House calls “the test of balance.”


(Excerpt) Read more at hosted2.ap.org ...


TOPICS: Business/Economy; Politics/Elections
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1 posted on 12/03/2012 3:02:13 PM PST by Olog-hai
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To: Olog-hai

I doubt that they so much as even read the cover sheet.


2 posted on 12/03/2012 3:03:40 PM PST by gop4lyf (Are we no longer in that awkward time? Or is it still too early?)
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To: Olog-hai

Obama wants it all HIS way - or there will be no deal at all. Because that’s the Chicago way.


3 posted on 12/03/2012 3:05:42 PM PST by Psalm 73 ("Gentlemen, you can't fight in here - this is the War Room".)
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To: Olog-hai
But 0bama, you have to pass it first, so you can find out what's in it, right?
4 posted on 12/03/2012 3:06:52 PM PST by Servant of the Cross (the Truth will set you free)
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To: Olog-hai

>>saying it does not meet what the White House calls “the test of balance.”<<

obozo definition of “balance”:

Take the money from the stack created by makers and move it to the stack for tackers.

There, all balanced!


5 posted on 12/03/2012 3:07:58 PM PST by freedumb2003 (Here comes bama claus here comes bama claus left down bama claus lane!)
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To: gop4lyf

This was scripted-out back eighteen months ago. It’s an episode of WWE now. The week prior to Xmas...they agree to disagree, and put 90 extra days on the clock. End of March 2013, we end up in a mini-budget deal to last out through the end of December 2013....with zero budget cuts (just enough money to last 270-odd days). That’s the only way that this moves onto 2014, where a massive falling is scripted to occur. Count on bad economic numbers for all of 2013 and 2014.


6 posted on 12/03/2012 3:09:02 PM PST by pepsionice
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To: Olog-hai

Always remember that a Democrat’s idea of bipartisanship is that you have to do things their way. Period.


7 posted on 12/03/2012 3:09:22 PM PST by From The Deer Stand
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To: freedumb2003

>>Take the money from the stack created by makers and move it to the stack for tackers.<<

Or even the stack for TAKERS.

(dang spell check didn’t understand what I meant)


8 posted on 12/03/2012 3:09:22 PM PST by freedumb2003 (Here comes bama claus here comes bama claus left down bama claus lane!)
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To: Olog-hai

Pubbies should let it all burn. It’s on Obama’s watch. The slugs and .gov groupies wanted it, LET EM HAVE IT.


9 posted on 12/03/2012 3:12:41 PM PST by backwoods-engineer ("Remember: Evil exists because good men don't kill the gov officials committing it." -- K. Hoffmann)
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To: Olog-hai

It was a fraud. But not enough of Fraud for the white house to accept.


10 posted on 12/03/2012 3:13:02 PM PST by Revel
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To: Olog-hai

You mean, the GOP plan that is a near-perfect match for Obama’s own debt commission’s report?

Why would Obama reject this plan? It does exactly what he said he wanted - more revenue + spending cuts. Indeed, it raises more revenue than it cuts in spending (not a conservative plan).

There are a couple of reasons Obama would reject this:

1 - it doesn’t give him unrestricted control over the debt limit.
2 - He hopes that the country goes over the cliff so he can further implement his totalitarian Marxist ideology.


11 posted on 12/03/2012 3:13:05 PM PST by TheBattman (Isn't the lesser evil... still evil?)
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To: Olog-hai

...And Obama raised the “Test of Balance” up on high, saying, “bless this “Test of Balance” that with it I mayest blow mine enemies to tiny bits.” And Obama did grin and the people did feast upon the lambs and sloths and carp and anchovies and orangutans and breakfast cereals, and fruit bats and large chu...”skip a bit, brother”... And Obama spake, saying, “First shalt thou take out the “Test of Balance” then shalt thou count to three, no more, no less. Three shall be the number thou shalt count, and the number of the counting shall be three. Four shalt thou not count, neither count thou two, excepting that thou then proceed to three. Five is right out. Once the number three, being the third number, be reached, then lobbest the “Test of Balance” which is thy Holy Hand Grenade towards thy foe, who being naughty, shall snuff it.”


12 posted on 12/03/2012 3:15:52 PM PST by jessduntno ("Socialism only works...in Heaven where they don't need it and hell where they have it." - RR)
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To: Olog-hai
Congress should adjourn, go home and have townhall meetings to let the people tell them what to do in this situation while Mr. Obama is on his 20 day vacation in Hawaii.
13 posted on 12/03/2012 3:20:20 PM PST by 2ndDivisionVet (I'll raise $2million for Sarah Palin's presidential run. What'll you do?)
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To: pepsionice

I think you are absolutely correct. Nothing will change from the past few years concerning a budget. There will be no “passed” budgets throughout ALL of Nobama’s years. There will be more executive orders, shifting of funds between departments, and executive “privilege” to funnel money to his cronies. They’ll pass a bill to keep the Bush tax cuts, but not for those in the $250,000 plus brackets, because the House will cave. Just watch it happen,


14 posted on 12/03/2012 3:20:48 PM PST by DallasDeb
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To: gop4lyf

As a babyboomer set to retire in a decade, I feel my generation more than any is responsable more than anyone for all the ills and future ills to come.
For 30 yrs including Reagan and Clinton, I’ve listened to supposed Democratic future cuts that not only never happen but spending always increases.
I’d like to go over the cliff, then start talks after the holidays when the debt limit talks come up to have 10% cuts annually for 5 yrs IN WRITING getting down spending to 2.3trillion in 5 yrs then spending is frozen until the debt is paid.
It may take 20 yrs of pain but we’ve lived way beyond our means for too long.


15 posted on 12/03/2012 3:21:37 PM PST by Undecided 2012
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To: Olog-hai
Lets not forget, we're dealing wiht the stupid party here. I'm sure Boner is pleasuring himself with the thought of reaching across the aisle even more to the Dems. Don't you just love bipartisanship (i.e. giving the Dems everything they want).

The “Stupid Party” is an apt title of the Republicans in the GOP leadership.

16 posted on 12/03/2012 3:22:58 PM PST by Artcore
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To: Olog-hai

Good. I’d reject it too.

[for different reasons of course]


17 posted on 12/03/2012 3:24:07 PM PST by C210N (In favor of private rights and public happiness)
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To: Olog-hai

Pass the Paul Ryan plan all over again with a few minor changes. If no plan is agreed to at least republicans can go on record that they submitted 4 plans or whatever the number is with zero counter offers.


18 posted on 12/03/2012 3:25:41 PM PST by sanjuanbob
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To: pepsionice
they agree to disagree, and put 90 extra days on the clock

Not sure this would be a bad scenario. Right now O's political capital is too high.

In 3 months more economic negative indicators will have kicked in, Obamacare rules will have been activated, and Obama's ineptitude will be seen in foreign affairs.

All political capital for our side to perhaps get a better deal.

19 posted on 12/03/2012 3:26:33 PM PST by what's up
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To: Olog-hai

Good. Shut ‘er down!


20 posted on 12/03/2012 3:26:52 PM PST by tobyhill
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