Skip to comments.President Obama Predicts GOP Will Cave on Taxes
Posted on 12/11/2012 3:57:31 PM PST by Free ThinkerNY
As the clock ticks toward a tax hike on all Americans in 20 days, President Obama predicted Republicans would join Democrats to extend current rates for 98 percent of earners before the end of the year.
"I'm pretty confident that Republicans would not hold middle class taxes hostage to trying to protect tax cuts for high-income individuals," Obama said today in an exclusive interview with ABC News' Barbara Walters.
"I don't think they'll do that," he said of Republicans forcing tax-rate increases for families earning $250,000 a year or less.
The sign of optimism follows weeks of tense negotiations and public posturing to avert the so-called "fiscal cliff," an economically toxic package of $6 trillion in across-the-board tax hikes and $1.2 trillion in deep spending cuts that could begin in early 2013.
(Excerpt) Read more at abcnews.go.com ...
Well, duh. They are republicans, aren’t they? It is amazing any of them have any children as none of them seem to have reproductive capabilities.
This guy is such a sage...
Miss Cleo..., is that you?
And he would be correct.
Has anyone seen Obama and Miss Cleo in the same room at the same time? That’s what I thought...
Please prove this narcissistic muslim basturd wrong.
FUBO, you steaming Kenyan turd
Pass a bill in the republican house to make the current rates permanent for everyone then if the democrats vote it down or the president vetoes it THEY own it.
Holy Holey! After 4 loooong years, Broncho Bamma and I agree on something.
Well.... the Republicans have Buckle Boehner out in front....always folding....
Republicans need to get better at articulating the true nature of what is happening.
No doubt the GOP has already caved, which is why he can make that prediction.
I want the clif burn everyone make all the middle class pay democrat taxes
Caving? Gutless Old Party? What else is new?
Duh? Easy bet!
And all the Speaker will do is grab his ankles.
John Boehnor caved in less than 12 hours after the election.
0 and Boner already worked out a deal when they met on sunday, it's being written as we speak. They'll rattle sabers and build the tension until the 11th hour, then ink a deal in the dark of night (unread and undebated). They'll congratulate themselves for their hard work and then adjourn until the coast is clear.
After the holidays, we get to find out what's in it - surprises for you, me, and Boner too (since the Dems wrote it).
“Pass a bill in the republican house to make the current rates permanent for everyone then if the democrats vote it down or the president vetoes it THEY own it.”
Exactly. It is about damn time that the Pubs went on the offense and put 0bummer on the defense. We can never win if we are always on the defensive.
Hmmm, Congress can become suddenly responsible and operate within the budget they never got around writing up these last four years, or steal more money.
More money, or more work... Hmmm Hard choice for the pampered princes of DC.