Republicans make their fiscal cliff' counteroffer
"So we have the potential for a deal that is somewhere between Bowles's plan last year and the president's plan. It is not, however, a matter of simply total savings. The Republicans have included far less revenue, as well as less revenue to be obtained through tax reform. The Democrats have yet to present a substantive offer that looks at systemic entitlement reform. The Republicans have shown that, contrary to the liberal-media meme, Boehner and not Grover Norquist controls the House. (And we expect this is not even the final GOP offer, leaving room for more revenue perhaps.)
"We are far from a deal. We're not close, but we are no longer "nowhere." Your turn, Mr. President."
"In a document obtained by Right Turn from House Republicans, the plans match up as follows:"
More on this at the link.
White House reponds to GOP’s counteroffer: Sorry, wrong number, not going there "Despite Republicans’ significant concession that they would be amenable to revenue increases if they came via tax-code reform — an honest-to-goodness effort at compromise — President Obama has roundly refused to even consider a plan that doesn’t include tax-rate increases on the wealthy, the only apparent policy rationale being that it’s just that important to him to be a full-on class warrior. It looks like the White House is sticking to that line, even after Speaker Boehner officially released the GOP’s own proposal earlier this afternoon. So much for “negotiation,” via BuzzFeed:"...
"So we have the potential for a deal that is somewhere between Bowles's plan last year and the president's plan. It is not, however, a matter of simply total savings. The Republicans have included far less revenue, as well as less revenue to be obtained through tax reform. The Democrats have yet to present a substantive offer that looks at systemic entitlement reform. The Republicans have shown that, contrary to the liberal-media meme, Boehner and not Grover Norquist controls the House. (And we expect this is not even the final GOP offer, leaving room for more revenue perhaps.)
"We are far from a deal. We're not close, but we are no longer "nowhere." Your turn, Mr. President."
"In a document obtained by Right Turn from House Republicans, the plans match up as follows:"
More on this at the link.
White House reponds to GOP’s counteroffer: Sorry, wrong number, not going there "Despite Republicans’ significant concession that they would be amenable to revenue increases if they came via tax-code reform — an honest-to-goodness effort at compromise — President Obama has roundly refused to even consider a plan that doesn’t include tax-rate increases on the wealthy, the only apparent policy rationale being that it’s just that important to him to be a full-on class warrior. It looks like the White House is sticking to that line, even after Speaker Boehner officially released the GOP’s own proposal earlier this afternoon. So much for “negotiation,” via BuzzFeed:"...
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