2. It's just a matter of time before Thelma and Louise (Repubs and Dems) sail hand in hand together over the fiscal cliff.
Skip to comments.The GOP Fiscal Cliff Counter Offer Is Brilliant—And It's Actually A Really Good Sign
Posted on 12/03/2012 4:39:42 PM PST by SeekAndFind
Republican House Speaker John Boehner offered the GOP's first counter-proposal in the fiscal cliff negotiations Monday, sending a letter to the White House that demands both parties negotiate from a middle ground.
The letter is actually a savvy tactical maneuver by Boehner, and underscores just how angered Republican leaders were by the White House's initial offer on the fiscal cliff.
That plan, presented to House Republicans by the Obama administration last week, called for $1.6 trillion in increased revenues, and closely mirrors the president's "Plan for Economic Growth and Deficit Reduction," which was submitted in September 2011.
In the letter Monday, Boehner blasts the Obama administration for failing to try to find common ground. Here's the key line:
"We cannot in good conscience agree to this approach, which is neither balanced nor realistic If we were to take your Administration's proposal at face value, then we would counter with the House-passed Budget Resolution [Paul Ryan's budget plan]."
Instead, Boehner doesn't counter with the Ryan budget, but proposes that the two parties use a neutral framework for negotiations: a plan outlined by former Clinton chief of staff Erskine Bowles during a November 2011 testimony before the supercommittee. That plan proposes increasing revenues by $800 billion by cutting loopholes and deductions for the wealthiest Americans, and cutting spending by a combined $1.2 trillion.
(Excerpt) Read more at businessinsider.com ...
There will not be any spending cuts. There never are. The only way real cuts will happen is when the credit markets say so.
Someone is either putting the bravest political spin ever on what Boner is doing. Or they have hit the pipe too hard today.
Look at this. If Boner is indeed agreeing to even 60 percent....
1. I wouldn't be surprised.
GOP - The spelunking party. We love caves.
Sorry, but this sounds like another idiot move by Boner and Co.
Cutting deductions for the upper middle class is insanity. Likewise, this rollover cuts no federal programs, eliminates no federal employees, and leaves Obamacare as-is, where-is.
The fact that Boner just cleaned out another conservative from a committee chair speaks volumes about the GOP’s commitment to snatching defeat from the jaws of victory.
Spending cuts first, tax increases later.
Maybe she’s British. Brits think Cheez-Wiz is “Brilliant”.
Cut 20% across the board. Bush tax cuts are made permanent and all loopholes with the exception of mortgage interest closed.
Go from there.
Agree. And begin tax increases from the bottom up. Begin on low-life moochers who currently pay no taxes.
Feh. Typical Business Insider leftist crap. The proper maneuver would have been to tell Obama to shove his insulting opening posture up his Obama and come back with a decent one. No counter-offer until there is a serious offer on the table to begin with. Gotta be a Ferengi Rule of Business there somewhere....
Counter-offering foolishness only guarantees more foolishness. A counter-offer is what you do when you and the other guy are in the same neighborhood. Obama's not even on the same planet.
Brilliant? That’s what we heard about the Roberts’ decision on commie care. Good grief!
I think they watch “Pawn Stars” too much....
Boehner actually trying to do the BASICS of his job as the leader of the “Opposition Party” ...in the MAJORITY in the House...BRILLIANT?
give me an effin’ break!!!
The Current Regime in the White Hut has not been negotiating. They have been dictating, and are somewhat affronted that the obedient Congresscritters did not just meekly go do their assigned duty, which is to simply rubberstamp the proposals.
If one side or the other is going to “negotiate”, the only effective course is to take hostages and/or find enough dirt on the other side to insure that there is mutual assured destruction, starting with shooting one hostage each day, or maybe upping it to one hostage every hour, or conversely, outing one respected member of the opposition on a similar time schedule.
The Democrats have shown they will dig up the dirt willingly enough, but they are squeemish about actually SHOOTING someone. What they should be conderned about is that the Second Amendment has not yet been overturned in the courts.
As for the threat of blackmailing the opposition, the best and most effective course is to acknowledge and even EMBRACE the dark side, and hold it aloft as a virtue, a part of heritage that has its own formative and energized thrust, that can be used as a weapon. Make the perpetrators of this agency of infamy sorry they ever opened that Pandora’s Box.
Saul Alinsky tactics turned against them.
What are the details of the offer that this “counter” offer is actually counter to?
Yeah. No need to means test it. Tax all of them an extra 10% for being allowed to keep a government job and not being unemployed. Their salaries are being paid with borrowed money after all.
Let it happen. We are about as ready as we can be. If we live through it, fine. If we don’t we will go down with the bolts locked back.
The salaries of all the federal workforce aren't a drop in the bucket compared to grants ~ go for the soft targets ~ the people who get grants from the government.
They are in no position to spend more.
Deficit spending is escalating and will soon approach 1.5 trillion per year. The “spending cuts” here are a joke.
Instead of 1.5 trillion deficits we will have 1.3 trillion deficits as far as the eye can see. Forget it, it’s over.
Cutting 20% would leave us with an $800 Billion annual deficit.
Yep. Hot brass, etc.
“Cutting 20% would leave us with an $800 Billion annual deficit.”
Ok, good start. Now get rid of Obamacare in it’s entirety. Where are we at?
800 billion in new taxes...The GOP are so brave!
Obama "gib me da monies". "I wants da money, or else".
I sort of see what Boehner was trying to do but he needs to watch Pawn Stars and learn how to negotiate. Maybe take Simpson/Bowles, increase spending, reduce taxes and use that as a starting place if he wants to play that game.
whatever they do they need to shift the focus away from taxes towards spending. Obama and Dem Senate WILL win on taxes. The best the pubs can get is to extend the Bush cuts for the 98%. That’s the best case. The dems are using this as a distraction to split the pubs and avoid talking about their problem - their out of control spending.
The pubs need to start with a significant reduction in spending - not this namby/pamby stuff being thrown out now. Obama said he would balance the budget in 4 years. Let’s give him 8 years (that’s twice as long as Obama promised & no way he could say that is not reasonable).
$10T in add’l debt over 10 years (at current rate using rough numbers). allow 4 years of ramp-down to get to balanced budget. This means we have to cut at least $6T to get to balance. There will be $1T or so in increased taxes on the 2%. However we should not count any of it because it will not be achieved because the 2% will adapt, hide, make changes and the increased taxes will reduce economic growth and reduce overall revenues anyway. so we make the case that NONE of the increased taxes can be counted towards the deficit.
So Pubs need to propose $6T in spending cuts. But since I watch Pawn Stars - perhaps start with $8T and negotiate down to $6T.
So you want to get rid of the charitable donation deduction?
IOUs. THAT is even better!
This is nuts
How is any of this a good sign?
I know it’s not a winning arguement. But someone needs to make it. If the rich are not paying their “fair share” how in gods great earth is someone who is paying zero paying their “fair share”??
I heard CA only has 37% of it’s population paying state income taxes.
No wonder they have the problems they do.
Someone needs to remind Bonehead that Obama can huff and puff but spending and taxation bills start in the HOUSE. Something, while he might not realize it, Bonehead controls.
watch more Pawn Stars...
They have told people the real value of something and paid more than asking. (being honest but still)
They have also bought junk.
I would not send them in to work out a deal for me.
One idea might be to give them what they want - we will go back to Clinton era tax rates. The Dems have to go back to Clinton era expenditures.
I could live with that.
Obama sent a ridiculous, stupid, liberal wet-dream proposal. OBoehner should respond in kind.
SHUT DOWN depts entirely, Education, Energy, EPA, (etc. keep naming more departments for every day there is no budget), in fact, shut down the IRS, too. Stop all funding to foreign countries, Eliminate baseline budgeting trickery, explain it on the airwaves, cut all taxes to no higher than 10%, Eliminate permanently all death taxes, cut off all funding for vacations for the Executive Office, and cut all salaries of elected officials to $1/year. Any attempt to pass Executive Orders will be with even more cuts in the Executive branch’s funding.
Obama wants to play stupid dictator, play stupid right back at him. Threaten to shut down the government unless your budget is passed ASAP. They want to play with nukes, throw them back at ‘em harder. Make EVERY DAY with out a balanced budget ever more painful. Every day.
Yep...decreases in future increses.
Any argument that calls for expanding the base subject to federal income taxes is not a winning argument. The current Conservative position is that the federal income tax is just another failed government program to be abolished.
That works to. I’d MUCH rather have a consumption tax.
Unregistered guns, ammo, power, metals, food. And quickly.
Now, we are taking a double hit, money printing inflation hit, and taxes on top, this is killing our economy and we are needlessly importing oil.
If we allow oil drilling on federal land, we can become an oil exporting country.
Since Obama moved into the White house, he has done nothing but sabotage the country. When will Congress stand up for our Constitution and represent the people? Taxes need not be raised for anyone! Opening the pipe line from Canada, cutting damaging regulations on business, drilling oil here now, and cutting out obsolete departments and spending in general is the only way to get the economy going and revenues will automatically increase grandly!
I also have been thinking of all the better ways the House could play this. But its been 4 weeks since 0bama won “the most important election of our lifetime”. It was called that over & over for a reason. Boener and his offer (and maybe a little in a counter-counter offer) are all we get.
...If we continue to look towards DC for any answers.
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