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White House offers 'grand bargain' on tax cuts and infrastructure
NBC ^ | Sun Jan 5, 2014 | Tom Curry, National Affairs Writer, NBC News

Posted on 01/05/2014 5:25:02 PM PST by Typical_Whitey

Gene Sperling, the director of President Barack Obama’s National Economic Council, said Sunday that Obama is offering congressional Republicans “a grand bargain on jobs. He has said he would be willing to do corporate tax reform that lowers rates to 28 percent, simplifies taxes for small businesses, but do it together with a major infrastructure investment.”

In his budget proposal last year, Obama called for $50 billion in additional short-term federal spending on infrastructure projects such as bridges, highways, and mass transit systems, as well as creation of a National Infrastructure Bank to make loans to such projects.

“The economy is improving” and “we’ve had a lot of momentum,” Sperling said on NBC’s Meet the Press, but there are still “people who are desperately looking for work.” He said, “We have to admit – and we do admit -- that the worst legacy of this great recession is the crisis of long-term unemployment.”

(Excerpt) Read more at presspass.nbcnews.com ...


TOPICS: Extended News
KEYWORDS: infrastructure; obama; obamagrandbargain; slushfund; slushfund2; sperling; taxes
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OK so lets get this straight we are told that Obama wants to cut the corporate tax rate at a time when companies are reaping record returns in the market... and then we are also told that Obama and Democrats plan to run on a campaign theme of weatlh inequality...

I guess you next he will be saying if you like your money you can keep it, there is no one here in government trying to take your money from you.

To a Liberal like Obama the hard working middleclass is the target those that work hard to make it somehow we didn't earn it, we didn't build it and he feels like it is up to us not the rich, he can't handle the rich, it is us in the middle that he fully intends to steal our weatlh and our health through his share the health obamacare and share the weatlh tax increases all to be passed on to the lazy liberal voting base in the guise of fairness.

1 posted on 01/05/2014 5:25:02 PM PST by Typical_Whitey
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To: Typical_Whitey; RichInOC; Prince of Space; JoeFromSidney; TNMountainMan; alphadog; infool7; ...

Amazingly smart and unexpected. The GOP needs to be very careful here.


2 posted on 01/05/2014 5:26:42 PM PST by narses (... unless you eat the flesh of the Son of Man and drink his blood, you do not have life within you.)
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To: Typical_Whitey

repeal obamacare. unemployment drops to under 5% overnight, and millions of american families can get their health insurance back.

simple.


3 posted on 01/05/2014 5:27:14 PM PST by JohnBrowdie (http://forum.stink-eye.net)
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To: Typical_Whitey

Infrastructure was already addressed to the tune of 800 billion in Crapulus I. Was it not?


4 posted on 01/05/2014 5:28:34 PM PST by Damifino (The true measure of a man is found in what he would do if he knew no one would ever find out.)
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To: narses
Are you kidding. The Stupid Party is going to jump right into Obama's arms and embrace this crap. They're the Washington Generals to his Harlem Globetrotters.

I just wonder where do all the gas tax money go that supposed to go for roads and bridges? Bush's transportation bill? Obama's porkulus bill? All of that was supposed to pay for infrastructure many times over.

5 posted on 01/05/2014 5:28:53 PM PST by Extremely Extreme Extremist
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To: narses
Amazingly smart and unexpected.

If he's on the level. But, with him it's always a shell game--give with one hand, take away with the other. I think this is PR--but it may be effective PR.

6 posted on 01/05/2014 5:29:01 PM PST by Pearls Before Swine
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To: Damifino

I hear we’re building some beautiful highways in Afghanistan.


7 posted on 01/05/2014 5:29:43 PM PST by cripplecreek (REMEMBER THE RIVER RAISIN!)
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To: Typical_Whitey

I think NBC Obama and NBC news is probably distorting things here....I won’t believe it until a reliable conservative evaluates an actual written proposal.


8 posted on 01/05/2014 5:30:03 PM PST by DouglasKC
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To: narses

the real problem here is that the last time this was done in 2009-2010 — most of the money that was susposed to go for infrastructure projects instead went to prop up state governments payrolls.

Why would this time be any different?


9 posted on 01/05/2014 5:31:00 PM PST by ckilmer
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To: Typical_Whitey

Where did that near $Trillion in “stimulus” money go?


10 posted on 01/05/2014 5:31:20 PM PST by KoRn (Department of Homeland Security, Certified - "Right Wing Extremist")
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To: Typical_Whitey
Rumor has it that Mao Tse Tung also proposed one or two “grand bargains” during *his* enlightened reign.
11 posted on 01/05/2014 5:31:38 PM PST by Gay State Conservative (Osama Obama Care: A Religion That Will Have You On Your Knees!)
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To: Typical_Whitey

More present and future tax and spend, disguised as “present and future tax and spend”....


12 posted on 01/05/2014 5:32:38 PM PST by EagleUSA
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To: Typical_Whitey
"but do it together with a major infrastructure investment."

Now just where is the money to do that? China??? What a ridiculous idiot! The Chinese already laughed at his former Secretary of the Treasury when he went over there to beg for their cooperation!!!

13 posted on 01/05/2014 5:33:39 PM PST by SierraWasp (Democrats these days are the "Glitches" in America's way of life and culture!!!)
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To: Typical_Whitey
"Infrastructure investment" is code for laundering taxpayer dollars to Democrat candidates through labor union dues.
14 posted on 01/05/2014 5:33:42 PM PST by E. Pluribus Unum (Who knew that one day professional wrestling would be less fake than professional journalism?)
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To: Damifino

THAT’s what I was thinking.....”Infrastructure” is one of those words they throw around ALL the time....sheesh. Just means more $$$ for Dems


15 posted on 01/05/2014 5:34:51 PM PST by goodnesswins (R.I.P. Doherty, Smith, Stevens, Woods.)
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To: Pearls Before Swine
Amazingly smart and unexpected. If he's on the level. But, with him it's always a shell game--give with one hand, take away with the other. I think this is PR--but it may be effective PR.

He is doing nothing but buying votes for the Dems at midterms and then the general elections. I can hear the ads now, "my administration cut the corporate tax rate to 28%". The media will not let us forget it either.

16 posted on 01/05/2014 5:35:19 PM PST by Cyclone59 (Where are we going, and what's with the handbasket?)
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To: E. Pluribus Unum

We think alike!!!


17 posted on 01/05/2014 5:35:26 PM PST by goodnesswins (R.I.P. Doherty, Smith, Stevens, Woods.)
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To: narses

Amazingly smart and unexpected. The GOP needs to be very careful here.


Agreed this was smart - first smart thing he has done since winning reelection. However, the GOP will go along to get along like always. Truth be told, they love to spend money just as much as the rats on “infrastructure.”

Despite any tax cuts - the benefit to business will be blunted by Obamacare and increased regulatory costs as well as the inflation we are causing by Fed pumping.


18 posted on 01/05/2014 5:35:38 PM PST by volunbeer
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To: narses
Amazingly smart and unexpected. The GOP needs to be very careful here.

This lying bast!!d will offer the kitchen sink just to get the misinformed to vote for his sick offers. And the MSM and Hollywood will pass it along. The GOP has nothing to counteract this and forget 2014. Afraid America is finished.

19 posted on 01/05/2014 5:37:12 PM PST by Logical me
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To: Extremely Extreme Extremist

The gop faction of the uniparty will jump at this. But not because they’re stupid: because they’re corrupt and fundamentally agree with dear leader.


20 posted on 01/05/2014 5:37:17 PM PST by RKBA Democrat (Having some small say in who gets to hold the whip doesn't make you any less a slave.)
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To: Typical_Whitey
He has proven himself untrustworthy during negotiations and an out and bald faced liar to the public. His previous behavior eliminates any future deals with him. That is the way the real world works.
21 posted on 01/05/2014 5:37:47 PM PST by builder (I don't want a piece of someone else's pie)
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To: narses

“Amazingly smart and unexpected. The GOP needs to be very careful here.”

Yes. The key to the Obama plan is the “Bank”. I don’t see where there are any limits on the bank to be created. The bank could litterally do helicopter drops of money on anyone or any country it choses in any amount all backed by the USA.


22 posted on 01/05/2014 5:40:00 PM PST by staytrue
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To: Typical_Whitey

Does that $50 billion include the XL pipeline?

Yes, I know the pipeline is private money, and, will not cost the government anything, except, growth, employment and reliable supply of oil. All, things dumBO and the Bolshies do not want.


23 posted on 01/05/2014 5:41:36 PM PST by depressed in 06 (America conceived in liberty, dies in slavery.)
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To: Typical_Whitey

Grand bargain = BOHICA


24 posted on 01/05/2014 5:42:55 PM PST by Lurkina.n.Learnin (This is not just stupid, we're talking Democrat stupid here.)
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To: Extremely Extreme Extremist

Wouldn’t be surprised if this was Boehner’s idea.


25 posted on 01/05/2014 5:43:25 PM PST by Jane Long (While Marxists continue the fundamental transformation of the USA, progressive RINOs assist!)
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To: Typical_Whitey

Cut taxes AND raise spending. Did this guy learn everything he knows about Presidenting from George Bush?


26 posted on 01/05/2014 5:43:40 PM PST by DManA
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To: Typical_Whitey

I would gladly be willing to do corporate tax reform that lowers rates to 28 percent, simplifies taxes for small businesses, but do it together with a major infrastructure investment” tomorrow for a $38 billion increase today.


27 posted on 01/05/2014 5:44:43 PM PST by I am Richard Brandon (center)
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To: Typical_Whitey

Create a new national bank??? Maybe that will add steps in the skimming process.


28 posted on 01/05/2014 5:45:02 PM PST by ViLaLuz (2 Chronicles 7:14)
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To: E. Pluribus Unum
""Infrastructure investment" is code for laundering taxpayer dollars to Democrat candidates through labor union dues. "

I was just about to hit reply and type the exact same thing then read your post!

Spot on !

29 posted on 01/05/2014 5:47:54 PM PST by america-rules
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To: Typical_Whitey

This White House does not operate in good faith. Their word means nothing. They are not to be trusted, ever.


30 posted on 01/05/2014 5:48:41 PM PST by Hoodat (Democrats - Opposing Equal Protection since 1828)
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To: narses

Agree. It is time to read Spin Cycle by Howard Kurtz again. If you missed it the first time(during the Clinton years)it is about how the White House and the media manipulate the news.


31 posted on 01/05/2014 5:48:47 PM PST by billhilly (Has Pelosi read it yet?)
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To: narses

Ideas floated publicly first are for publicity, not deal making. Of course our Rinos will probably bite hook line and sinker and totally nullify their 2014 election advantage before mid-summer.


32 posted on 01/05/2014 5:50:12 PM PST by Usagi_yo
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To: Damifino

Bingo, my thoughts exactly.


33 posted on 01/05/2014 5:50:18 PM PST by Fungi
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To: Typical_Whitey

Welcome to the Grand Delusion...


34 posted on 01/05/2014 5:50:22 PM PST by R0CK3T
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To: goodnesswins

There will be a catch we just haven’t researched it and found out what it is. Could be a diversion while the force Obamacare down our throats


35 posted on 01/05/2014 5:50:26 PM PST by jsanders2001
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To: ViLaLuz

“Create a new national bank”

That would be create a slushfund to be disbursed by unelected bureaucrats.


36 posted on 01/05/2014 5:50:45 PM PST by Lurkina.n.Learnin (This is not just stupid, we're talking Democrat stupid here.)
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To: goodnesswins

There will be a catch we just haven’t researched it and found out what it is. Could be a diversion while the force Obamacare down our throats


37 posted on 01/05/2014 5:51:04 PM PST by jsanders2001
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To: Typical_Whitey

Obama trying to take the light off Obamcare. There is no dealing with the evil. It must be defeated.


38 posted on 01/05/2014 5:51:05 PM PST by Jim Robinson (Resistance to tyrants is obedience to God!!)
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To: Typical_Whitey

This slop ends in revolution, or maybe, possibly, in catastrophe, like a meteor or a super volcano, but almost certainly in a revolution.


39 posted on 01/05/2014 5:51:35 PM PST by Born to Conserve
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To: ViLaLuz

> Create a new national bank??? Maybe that will add steps in the skimming process.

Or remove them. One bank. Everyone’s money, security, and information all in one location. Great.


40 posted on 01/05/2014 5:53:20 PM PST by jsanders2001
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To: Typical_Whitey

The last billions spent on infrastructure didn’t accomplish much, why would more money wasted on unions and Democrat districts work any better?

Republicans should push for more, like the Keystone pipeline, repeal of Obamacare, tax breaks and deregulation to help small businesses, and independent committee appointed by Congress to oversee any further federal funds spent on infrastructure or centralized stimulus schemes, including QE3 to stimulate Wall Street bankers.

All of this is new agenda talk is designed to take the focus off of Obamacare, which is a total failure and disaster for all but the most wealthy, and those who contribute nothing to it. If Obamacare isn’t repealed, nothing that is done to stimulate the economy will help average Americans overcome the impossible burden of Obamacare.


41 posted on 01/05/2014 5:54:52 PM PST by pallis
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To: Typical_Whitey
Gene Sperling, the director of President Barack Obama’s National Economic Council, said Sunday that Obama is offering congressional Republicans “a grand bargain on jobs. He has said he would be willing to do corporate tax reform that lowers rates to 28 percent, simplifies taxes for small businesses, but do it together with a major infrastructure investment.”

Hey Stupid Party!! Here's the problem: TAX CUTS GOOD! "Infrastructure Investment" -- NOT GOOD. Why? Because there's been ZERO accountability for the $800 BILLION Dollars Obama's already blown on "shovel ready" projects.

WHERE DID THAT MONEY GO? IT PRODUCED ZERO JOBS, AND THERE'S BEEN ZERO ACCOUNTABILITY FOR THE WASTE, FRAUD AND ABUSE COMMITTED WITH THE AMERICAN PEOPLE'S MONEY!!!

42 posted on 01/05/2014 5:54:58 PM PST by usconservative (When The Ballot Box No Longer Counts, The Ammunition Box Does. (What's In Your Ammo Box?))
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To: Jim Robinson

Or maybe its a corporate tax rate where you can’t reduce your taxes using deductions


43 posted on 01/05/2014 5:58:04 PM PST by jsanders2001
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To: Typical_Whitey
28% Really?

How about 19% like the Czech Republic, no deductions, one flat rate, and your entire business return fits on a postcard.

Better yet make the Corp / Business Rate the same as Dividends and Capital Gains, make them all 15%.

Nah, that is too simple, no finagling, K-Street Vulture involvement, and no attorneys needed, it makes to much common sense!

44 posted on 01/05/2014 5:58:52 PM PST by taildragger (The E-GOP won't know what hit them, The Party of Reagan is almost here, hang tight folks....)
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To: Typical_Whitey

45 posted on 01/05/2014 6:01:33 PM PST by FreedomOfExpression
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To: Typical_Whitey

There ARE some “infrastructure” developments which add value and are potentially worth doing, but I agree that there is near zero chance that they are what he is talking about.

It is true, and I wish more here would accept it, that our average IQ workers need stuff to do, and that if they don’t have stuff to do, we are facing a bleak future on many fronts.

As improbable as it seems, tunneling I-93 under Boston was worth doing and employed lots of guys for a long time. If the government had the balls to do the necessary takings of large estates in Fairfield and Westchester Counties, a TGV line from Boston to NYC with only two angle turns (Providence and New London) would create value and employ lots of guys for a long time. I’m sure there are over useful things to do in other parts of the country - oil and gas come to mind, mining, improved fisheries, steel mills and processing, all could take OPM “investment” to grow and employ Americans.

I agree completely that the organized crime syndicate known as Congress is incapable of doing any of these things. But it’s nice to think about them.


46 posted on 01/05/2014 6:01:58 PM PST by Jim Noble (When strong, avoid them. Attack their weaknesses. Emerge to their surprise.)
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To: Typical_Whitey
He also said -” you can keep your doctor”
47 posted on 01/05/2014 6:04:02 PM PST by builder (I don't want a piece of someone else's pie)
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To: Typical_Whitey

50billion for funding unions to hold Congress in the coming elections


48 posted on 01/05/2014 6:05:45 PM PST by aMorePerfectUnion (Truth is hate to those who hate the Truth)
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To: narses

“Amazingly smart and unexpected. The GOP needs to be very careful here.”

Actually, the businesses that need the mot help and the ones that create the most jobs are SUBS’s and LLC’s. This does nothing for them...


49 posted on 01/05/2014 6:07:16 PM PST by babygene ( .)
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To: Typical_Whitey

Here is an intersection with eight brand new handicap ramps equipped with bumps so blind people won’t wander into traffic. The only problem is that they don’t go anywhere. You can cross the streets, but you wind up back where you started.

This is what obama’s stumulus has given us.

http://oi41.tinypic.com/jkgk12.jpg


50 posted on 01/05/2014 6:15:02 PM PST by Born to Conserve
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