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Agreement within reach on ‘fiscal cliff’ deal, officials say
wapo ^ | Friday, December 28, 6:34 PM | Lori Montgomery and Paul Kane,

Posted on 12/28/2012 7:11:54 PM PST by BenLurkin

President Obama and Senate leaders were on the verge of an agreement Friday that would let taxes rise on the wealthiest households while protecting the vast majority of Americans from historic tax hikes set to hit in January.

The development marked a breakthrough after weeks of paralysis. After meeting with Obama at the White House, Senate Majority Leader Harry M. Reid (D-Nev.) and Minority Leader Mitch McConnell (R-Ky.) said they would work through the weekend in hopes of drafting a “fiscal cliff” package they could present to their colleagues on Sunday afternoon.

As the Senate began haggling over critical details, the emerging deal faced an uncertain fate in the House, where Speaker John A. Boehner (R-Ohio) failed just one week ago to persuade his adamantly anti-tax caucus to let taxes rise even for millionaires.

Still, on Friday, Obama pronounced himself “modestly optimistic” at a brief news conference at the White House. The ordinarily dour McConnell said he was “hopeful and optimistic.” And Reid immediately began preparing Senate Democrats for what could be a difficult vote.

“Whatever we come up with is going to be imperfect. Some people aren’t going to like it. Some people will like it less,” Reid said on the Senate floor before dozens of silent and attentive senators from both parties. But “we’re going to do the best we can for . . . the country that’s waiting for us to make a decision.”

(Excerpt) Read more at washingtonpost.com ...


TOPICS: Business/Economy
KEYWORDS: bohica
bohica
1 posted on 12/28/2012 7:12:04 PM PST by BenLurkin
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According to people briefed on the talks, the developing package would protect nearly 30 million taxpayers from paying the alternative minimum tax for the first time and keep unemployment benefits flowing to 2 million people who otherwise would be cut off in January.

The deal also would likely halt a steep cut in Medicare reimbursements set to hit doctors in January and preserve popular tax breaks for both businesses and individuals, such as those for research and college tuition

2 posted on 12/28/2012 7:14:04 PM PST by BenLurkin (This is not a statement of fact. It is either opinion or satire; or both)
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To: BenLurkin

Obama gets a fraudulent “solution”, conservatives gets castigated, and the media praises Obama as a hero.

All of this would have happened regardless of the outcome.


3 posted on 12/28/2012 7:19:18 PM PST by Shadow44
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To: BenLurkin

“As the Senate began haggling over critical details, the emerging deal faced an uncertain fate in the House, where Speaker John A. Boehner (R-Ohio) failed just one week ago to persuade his adamantly anti-tax caucus to let taxes rise even for millionaires. “


bullsh!t- wasn’t the plan they voted down, plan B, was a tax the millionaires now and work on spending cuts later??? someone correct me if i’m wrong...


4 posted on 12/28/2012 7:20:17 PM PST by God luvs America (63.5 million pay no income tax and vote for DemoKrats...)
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To: BenLurkin
Agreement within reach on ‘fiscal cliff’ deal

...or..."fiscal cliff" within reach...

5 posted on 12/28/2012 7:20:17 PM PST by PapaNew
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To: BenLurkin

Did anyone honestly think this wasn’t going to happen? Betcha unemployment will spike over 10% next year.


6 posted on 12/28/2012 7:26:44 PM PST by arderkrag (An Unreconstructed Georgian, Forever in Rebellion.)
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To: BenLurkin

Just as we predicted. Last minute, kicking the can down the road.

What a bunch of losers. Thanks, America, for keep voting these B******* in.


7 posted on 12/28/2012 7:28:59 PM PST by A_Former_Democrat (Elections do have consequences, young people of America)
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To: BenLurkin

That was my first thought. Any deal that Obama agrees to will screw working America.


8 posted on 12/28/2012 7:30:18 PM PST by jospehm20
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To: BenLurkin

“bohica”

Yep...all because the pubbies are democrap-lite at this point.


9 posted on 12/28/2012 7:32:31 PM PST by PubliusMM (RKBA; a matter of fact, not opinion. 01-20-2013: Still seeking change.)
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To: BenLurkin

There is no deal until representatives representing real taxpayer voters and real slouching takers vote on it in the house. The current make up, with more taxpayer reps than obamaphonite reps, should indicate there is no deal on a kick the can down the road approach, as “President Obama and Senate leaders were on the verge of an agreement” officials might have agreed. Hopefully that ‘should’ translates to a ‘will’.

Indeed, any “agreement” here at the end of the year should be viewed in context of 2012 - an agreement in the summer, passed in the house, didn’t go further in the Senate. Any agreement today is in the realm of Chicago voting - vote after vote until reaching the desired result: higher taxes, no change (or, an increase) on spending.


10 posted on 12/28/2012 7:37:04 PM PST by C210N (When people fear government there is tyranny; when government fears people there is liberty)
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To: BenLurkin

From “fiscal clift” plan to “fiscal cave” plan. Harry Reid is writing this one just like he wrote ObamaCare. What bill passed by the House is going to get a total rewrite this time. For ObamaCare I believe it was veterans bill that got Harry’s substitute ammendment.


11 posted on 12/28/2012 7:39:12 PM PST by OrioleFan (Republicans believe every day is July 4th, Democrats believe every day is April 15th.)
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To: BenLurkin

Reading the whole article it doesn’t sound like there’s much agreement on a ‘deal’ at all.


12 posted on 12/28/2012 7:41:07 PM PST by mrsmith (Dumb sluts: Lifeblood of the Media, Backbone of the Democrat Party!)
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Comment #13 Removed by Moderator

To: BenLurkin

Sometimes, doin’ nothin’ is a real cool move............


14 posted on 12/28/2012 7:46:22 PM PST by blueunicorn6 ("A crack shot and a good dancer")
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To: BenLurkin

Did anyone honestly think this wasn’t going to happen? Betcha unemployment will spike over 10% next year.


15 posted on 12/28/2012 7:46:32 PM PST by arderkrag (An Unreconstructed Georgian, Forever in Rebellion.)
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To: BenLurkin
... let taxes rise on the wealthiest households while protecting the vast majority of Americans from historic tax hikes...

It's not possible to pee in just one part of a pool. Raise taxes on one, raise taxes on all. It's that simple.

16 posted on 12/28/2012 7:48:01 PM PST by ElkGroveDan (My tagline is in the shop.)
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To: BenLurkin
Agreement within reach on ‘fiscal cliff’ deal,

As Gomer would say..."SU-PRISE! SU-PRISE! Su-PRISE!!!!!

NOT!!!!!

17 posted on 12/28/2012 7:48:36 PM PST by nfldgirl
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To: BenLurkin

” his adamantly anti-tax caucus to let taxes rise even for millionaires. “

What is scary is that they don’t even try to hide their bias.


18 posted on 12/28/2012 7:49:01 PM PST by willk
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To: BenLurkin

All I see is a petty dictator telling his generals to get in line.


19 posted on 12/28/2012 8:11:23 PM PST by KittenClaws (You may have to fight a battle more than once in order to win it." - Margaret Thatcher)
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To: BenLurkin

There is still a mess in Washington and it will be there for many years.


20 posted on 12/28/2012 8:13:45 PM PST by bmwcyle (We have gone over the cliff and we are about to hit the bottom)
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To: mrsmith

It is not supposed to sound as if there is any agreement: theater for the people, is all.


21 posted on 12/28/2012 8:14:06 PM PST by KittenClaws (You may have to fight a battle more than once in order to win it." - Margaret Thatcher)
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To: BenLurkin

The GOOBers must have pulled out their white flags. The Kenyan whipped them like stepchildren.


22 posted on 12/28/2012 8:16:23 PM PST by FlingWingFlyer (U.S. elections have become nothing but another cheap ripoff of American Idol.)
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To: BenLurkin
"Agreement within reach on ‘fiscal cliff’ deal, officials say."

Wow, I feel so much better now. Oh thank you wise Holy Ones of the US Government, ah, I mean Democrat Party. You are all so sagacious and pure and I know you all really, really care about us.

23 posted on 12/28/2012 8:21:30 PM PST by StormEye
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To: KittenClaws

As shown by the misleading headline the script of this media production will follow the plot of the perennial media blockbuster “Those Conservatives in the House Are Just Mean!”...


24 posted on 12/28/2012 8:25:49 PM PST by mrsmith (Dumb sluts: Lifeblood of the Media, Backbone of the Democrat Party!)
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To: BenLurkin

so they kick the can down the road some more.....


25 posted on 12/28/2012 8:50:51 PM PST by Mr. K (There are lies, dammed lies, statistics, and democrap talking points.)
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To: mrsmith

It’s all theater in my mind. So what if it is blamed on those “mean conservatives”?

As a citizen, I don’t care who blames who for what!

Even in my personal life, I don’t care about the opinion someone one I do not respect holds of me!

The business of the Country is not what children feel on a playground!

Sadly, our so called representatives seem to hold the opinion of liberals in higher regard than the country or its people.


26 posted on 12/28/2012 8:56:56 PM PST by KittenClaws (You may have to fight a battle more than once in order to win it." - Margaret Thatcher)
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To: Mr. K

This whole thing is like rearranging the deck chairs on the Titanic.


27 posted on 12/28/2012 9:02:21 PM PST by Rennes Templar
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To: God luvs America

The press, as usual, does not tell the story correctly. Suprise surprise.


28 posted on 12/28/2012 9:19:16 PM PST by Hildy (hen the debate is lost, slander becomes the tool of the loser." - Socrates)
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To: Hildy

McConnell had better be careful. If he allows a bill to pass the Senate which is unacceptable to the majority of House Republicans, not only will Boehner be thrown under the bus, but the 2014 elections will be a disaster and the last two years of Obama’s term will be the most destructive imaginable.


29 posted on 12/28/2012 9:37:57 PM PST by allendale
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To: Hildy

Because they are LIARS and CHEATS


30 posted on 12/28/2012 9:38:45 PM PST by funfan
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To: BenLurkin

Did anyone honestly think this wasn’t going to happen? Betcha unemployment will spike over 10% next year.


31 posted on 12/28/2012 9:52:26 PM PST by arderkrag (An Unreconstructed Georgian, Forever in Rebellion.)
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To: Rennes Templar

.......reminds me of the proverbial “Bull in a China shop”........

The “535”, as a class, notwithstanding a few good indiduals, make me sick! It’s time for the national conversation to turn to “The 535” and the destruction their powers of incumbency are doing to this country. Contempt for The 535 needs to be repeated a million times a year from now on until some of the “less informed” masses start “getting it”.


32 posted on 12/29/2012 6:33:09 AM PST by Cen-Tejas (it's the debt bomb stupid!)
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