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Obama, Boehner zero in on a ‘fiscal cliff’ deal - The Washington Post
What a friggin joke this "deal" is turning out to be. The meetings between Obama and Boehner arent to save us from an economic calamity, they are to put together a deal so both sides can save face to their base while they raise taxes, raise spending & continue the status quo.
There is your so called spending cuts...a smaller rise in spending, no actual cuts in spending at all.
The W.H., in this "budget cutting" deal wants to include additional spending, over and beyond what they are already spending PLUS wants a debt ceiling increase, enough for 2 years of more borrowing and more spending.
There are no spending cuts, as cited above only a slow down in how fast spending grows....only in Washington could less of an increase be considered a spending cut.
Again, only in Washington can tax hikes and a slowdown in growth spending be considered savings.
You Democrats and Republicans need to open your eyes, one side is just as lying and manipulative and deceiving as the other.
What a friggin joke this "deal" is turning out to be. The meetings between Obama and Boehner arent to save us from an economic calamity, they are to put together a deal so both sides can save face to their base while they raise taxes, raise spending & continue the status quo.
Behind the scenes, administration officials and senior Republican aides continued to make progress. Obama laid out a counteroffer that included significant concessions on taxes, reducing the amount of new revenue he is seeking to $1.2 trillion over the next decade and limiting the hike in tax rates to households earning more than $400,000 a year. Obama had previously sought $1.4 trillion in new revenue, with tax increases on income over $250,000.
Obama also gave ground on a key Republican demand — applying a less-generous measure of inflation across the federal government. That change would save about $225 billion over the next decade
There is your so called spending cuts...a smaller rise in spending, no actual cuts in spending at all.
But he [Obama] is still seeking $80 billion in new spending on infrastructure and unemployment benefits and an increase in the federal government’s borrowing limit large enough to avert any new fight over the issue for two years.
The W.H., in this "budget cutting" deal wants to include additional spending, over and beyond what they are already spending PLUS wants a debt ceiling increase, enough for 2 years of more borrowing and more spending.
“Any movement away from the unrealistic offers the President has made previously is a step in the right direction, but a proposal that includes $1.3 trillion in revenue for only $930 billion in spending cuts cannot be considered balanced,” Boehner spokesman Michael A. Steel
There are no spending cuts, as cited above only a slow down in how fast spending grows....only in Washington could less of an increase be considered a spending cut.
On Monday, it became clear that the two sides are extremely close on the broad outlines of the deal that has eluded them for much of the past two years. Boehner’s latest offer calls for $2 trillion in savings over the next decade, half from higher taxes and half from cuts to the fast-growing health and retirement programs that are the federal government’s largest expense. All told, Obama’s latest offer calls for about $2.15 trillion in savings.
Again, only in Washington can tax hikes and a slowdown in growth spending be considered savings.
You Democrats and Republicans need to open your eyes, one side is just as lying and manipulative and deceiving as the other.
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