Skip to comments.Obama: GOP's insistence on halting tax hikes for the wealthy is stopping fiscal cliff deal
Posted on 12/30/2012 7:04:46 AM PST by John W
President Barack Obama on Sunday said congressional Republicans and their insistence on preventing tax increases for the very wealthy are standing in the way of a deal to avoid the so-called fiscal cliff.
In an exclusive interview on NBC's "Meet the Press," the president chided House Republicans as the clock continued to run out on a potential agreement.
"They say that their biggest priority is making sure that we deal with the deficit in a serious way, but the way they're behaving is that their only priority is making sure that tax breaks for the wealthiest Americans are protected," Obama said. "That seems to be their only overriding, unifying theme."
"I was modestly optimistic yesterday, but we don't yet see an agreement," he said in the interview, taped on Saturday at the White House. "And now the pressure's on Congress to produce."
The president appeared open to eliminating at least some of the scheduled automatic spending cuts if Republicans agree to tax increases for the wealthy. Those cuts are slated to impact defense spending and non-entitlement discretionary spending beginning on Jan. 1.
"If we have raised some revenue by the wealthy paying a little bit more, that would be sufficient to turn off what's called the sequester, these automatic spending cuts, and that also would have a better outcome for our economy long-term," he said.
(Excerpt) Read more at nbcpolitics.nbcnews.com ...
Perhaps by saying “Obama’s Insistence on Raising Taxes on the Wealthy is Halting Deal”
That’s sort of the M.O. isn’t it? Make an argument so outrageous that its almost impossible to respond to given the high number of low information voters out there.
Hang ‘em! Hang ‘em all!!!
The republicans are stupid. According to Lindsay Graham 800000 DOD people will get laid off this week without a deal . Turn the blame back to president where it belongs and use that to win on the tax issue.
Good Heavens, can’t somebody in the RINO GOP get on their haunches and scream this is about refusing to make spending cuts not favoring anybody?
Did anyone watch? Did David Gregory ask just what the tax increase would accomplish in real terms? I know, stupid question.
EVERYTHING THAT EVER APPEARS AFTER “obama SAYS”... IS A PURE satanic LIE!
Obama owns the fiscal cliff deal he’s the one who refuses to prevent it.
Impossible....they did not get their notices per His Excellency’s demand they not be alerted under the law.
He owns this stinking turd.
Indeed it’s a good sign that the dem may fall in the senate race.
The Obamadork...where the stuff that comes out of both ends smells and looks the same.
Quota baby through and through.
We are now a COMMUNIST country. Get use to it!
Easy holiday assignment for these journalists (now a very derogatory term).
Just grab that headline and story written back in, what, August? Give it to the copy people and you’re off to lunch.
“Want some brandy with your coffee? It’s a nasty day.”
That's the White Hut's Talking Point, when in reality, the issue is CUT SPENDING!
Such as ON HANDOUTS TO ILLEGALS, UNIONS, BANKS, AND INNER-CITY TRIBAL PARASITES (such as Obamaphones, Welfare, EBT's, etc.
Low into voters believe the Bush tax cut was only for the rich, so just go with it and keep repeating it, taxes are only going up on the rich if your taxes are increased it's because the dems consider you to be the rich.
Let the dems explain it to the low income voter.
“(Lull) voters (to) believe the Bush tax cut was only for the rich”
EXACTLY. The DEMOCRATS are in a FULL PANIC mode, knowing FULL WELL what their voters don’t know - which is that taxes are going up for TENS OF MILLIONS OF OBAMA SUPPORTERS starting Jan. 1, unless the Bush cuts are extended.
They have DEMAGOGUED the Bush Tax Cuts for over a DECADE and convinced their voters that (A)-The cuts were ONLY for “The Rich”; and (B)-Those cuts for the rich are the cause of all of our problems.
All the Republicans need to do is SIT BACK and enjoy the show, as the Dems try to explain that taxes will go up FOR EVERYONE on January 1st, because of the expiration of Bush’s Tax Cuts for “The Rich”.
THEY ARE CORNERED!! Their ONLY HOPE is that the Republican Leaders bail them out...and, unfortunately, they have a habit of doing that.