Washington - President Obama delivered to Speaker John A. Boehner a new offer on Monday to resolve the pending fiscal crisis, a deal that would raise revenues by $1.2 trillion over the next decade but keep in place the Bush-era tax rates for any household with earnings below $400,000. (Snip) The White House plan would permanently extend Bush-era tax cuts on household incomes below $400,000, meaning that only the top tax bracket, 35 percent, would increase to 39.6 percent. The current cutoff between the top rate and the next highest rate, 33 percent, is $388,350.
Comments: Bambi is playing Boehner for the fool that he is. I am not an economics person, but can see that this whole dance so far is to get the GOP to raise the tax revenue to over 1 Trillion for the next ten years and beyond. There is no compromise here. Just smoke and mirrors.
Walk away GOP and let 0bama take US over the "fiscal cliff." I remember cod liver oil. The sooner you swallowed it, the sooner the bad taste left.
"Congress could periodically weigh in and try to override a presidential lifting of the debt ceiling, should it want to" !?!?!?!?! Under what power does the President get to act unilaterally in raising the debt ceiling???
Shifting the top brackets to Clinton´s rates would only generate 42 billion next year. The old 800 billion over 10 years date back to times when we actually had more millionaires. So it sounds like all Boehner managed to do by negotiating was suggest some new taxes that are twice what Obama was going to get from the rich. Leave it alone GOP and go over the cliff. Then limit spending. This is a sucker deal.
I keep missing something. It was my impression that the House passes spending and revenue bills, then sends that bill to the Senate for confirmation. No confirmation, then the bill goes to a House/Senate conference committee. The bill ultimately goes to the president for signing.
So the questions are: Has the House passed a bill to send to the Senate? Why does Boehner have to confer with the President and bypass the Senate?
The deal has already been cut. These MSM photo/ops are just for political propaganda.....
The taxes will rise -- the spending cuts kicked down the road and the politicians will all go home and have a Merry Christmas....
The whole of Washington DC is run by "K" street lobbyists -- who wrote the obamacare mess to benefit themselves financially, i.e. AARP´s united health/care.
The lobbyists of DC have worked to elect deficient people to the House and Senate. NOW they can "manage" them with campaign funding and "extras", i.e. pelousy and feinstein and our elected pols here in Illinois whose credentials for office include a felony rap/sheet....
I thought Republicans were supposed to be the brilliant business guys. How could this buffoon be suckered by the oldest negotiating trick in the books, namely, if you want them to agree to something really bad, threaten them with something twice as bad first then wait for them to compromise to your original objective. This is ridiculous.
So we raise revenues supposedly by $120 billion a year for 10 years. And what about the other 90% of the annual deficit? This is continued fiscal insanity, not a solution. Zero has never, and will not, cut spending. Unless he specifies meaningful cuts, let it burn.
Raise the taxes and fewer people will be employed by those households. Wait, that´s what the empty chair wants - more on the dole and dependent on him. What is wrong with the repubs in Washington? He can´t cut the entitlements because those are his voters. Who ever came up with the word "entitlements". No one is entitled to anything they didn´t earn.
Do any of these idiots in DC ever consider where the average working stiff gets his/her money that they want to tax to the ceiling? Any what happens when there is no more money in the money spigot? Just print some more? That would just wind up as worthless paper. Then, the only medium of exchange that anyone would accept would be gold or silver. And the price of those would also tumble.
Are there any responsible persons in DC that really understand economics? Perhaps 2 or 3 but the majority of them are lawyers. As such they are masters of twisting the English to a point that they can talk for hours and say nothing. And that´s what they attempt to do to we average citizens. Well, the day will come that they will be shown the we are not as stupid as they think we are. The revolution is coming, I just don´t know when. And when it does, it won´t be pretty.
Notice how Obama hasn´t really given an inch to Boehner, yet the enemedia´s been portraying it the other way around in the headlines. Either way, apparently, they must preserve the public perception that the GOP is the party of NO, and that Democrat leaders keep reaching across the aisle to find compromise.
That steaming pile of propagandists known as the Mainstream Media has been _______ing their readers and viewers for far too long... As far as I´m concerned, they can go ________ themselves from now until the Second Coming.
Let the tax cuts all expire. Let the spending cuts go into place. As soon as Congress returns, pass tax reform that will cut taxes for everyone and makes more spending cuts. Anything Congress does will result in being blamed anyway so at least to the thing that is good for the nation.
If congress votes like Democrats, we might as well vote for Democrats.
There is a lightweight in the White House. The Republicans have had 17 months to rehearse this dance. Obama should be wrong-footed by now. What gives? For instance, disallowing the deduction for state taxes is a killer for blue states, not so bad for red states. Why isn´t that in the plan, with specifics? Let Chucky Schumer squirm.
Leaving it up to the House, not bi-passing the House. Is there any other way? Nobody in the House is shouting with rage. Are they all being threatened with death for themselves and their families? Is death on the table? What other answer is there? We know Boehner is a RINO back stabbing coward. We know the Congress is driven by greed and unnoticed lobbied crime, but still they could go through the House motions, and not deliver a more taxes deal directly with our fuhrer and his blackmailer comrades. Diane Sawyer helps it along by not saying anything, not raising moral questions, by being silent to tyranny for the big bucks she is paid. And all the rest of them, too. Even Fox News clouds the truth.
Boehner is an idiot. He is the weakest repub we have ever seen. He folds faster than a cheap lawn chair. Please House Tea Party members, get a leader with a spine! Note to the negotiators: You can outwait Obama, or as we say in our house, "you can outwait the devil."
n the summer of 1997 several House Republicans attempted to replace him as Speaker, claiming Gingrich´s public image was a liability. The attempted "coup" began July 9 with a meeting of Republican conference chairman John Boehner of Ohio and Republican leadership chairman Bill Paxon of New York. According to their plan, House Majority Leader Dick Armey, House Majority Whip Tom DeLay, Boehner and Paxon were to present Gingrich with an ultimatum: resign, or be voted out. However, Armey balked at the proposal to make Paxon the new Speaker, and told his chief of staff to warn Gingrich about the attempted coup. Why did Boehner lead the coup? Because he is secretly a died in the wool RINO. A Gerald Ford type. He is no conservative. Newt was a very successful Speaker. George H W Bush hated him. Because he fought Bush on his tax increase. Boehner is going to destroy the Republican majority in the House.
Boehner and Obama are smarter criminals than you. They are not idiots. Boehner cries better. Not one blackmailed SOB republican is willing to call a spade a spade, so that low information citizens will wake up. Not one Patrick Henry "But as for me, give me liberty or give me death" American in congress. Not one willing to find a camera, or a pulpit, and alert your brother citizens that Romney had it wrong, for whatever reason, when he said Obama is a nice guy. Obama is a cold, ineligible racist cipher who is tearing this place apart. Do every one of you lack the imagination to know how this forced bankruptcy ends? You cowering republicans, who won´t lift a finger to stop the wholesale removing of the landmarks given to us by our brave and brilliant and Godfearing forefathers -- what in the world would you do differently if you could swiftly and smoothly destroy a superpower? What? Here is just one guy who sees we have lost both parties, and there are millions more without a voice. You are now traitors yourselves -- because of your Bushy quiet "standing down" tactic. You know the "stand down" tactic used in Benghazi -- when the heroes were calling their brothers for help -- and instead the administration turned away and left them to be murdered. And no outrage from republicans or subpoenas or promises of impeachment whatever the cost for this infamy. Republicans. Dead to us.
Either: 1) go over the fiscal cliff - that´s what obambi wanted anyway, or 2) raise tax rates with the provision that if revenues from those taxes don´t hit what the static analysis say it will, that expenses get cut back to the level they were in 2008.
It´s December 18 and not one single citizen of the United States knows what tax rates are going to be in 14 days! Yet, we´re all obligated to comply with the nation´s tax laws, even when they´re passed at the very last minute, under penalty of imprisonment.
How, for example, is Intuit supposed to produce 40+ flavors of TurboTax that all work perfectly, and get them to the right stores in the right states, in plenty of time for filers to meet the April 15 filing deadline? Intuit´s technical and logistical challenges are almost unimaginable - and Obama is solely responsible.
Moreover, what are employers supposed to withhold from paychecks in 2013? How about ADP? The sheer recklessness of this tax-code brinksmanship is shocking. Obama really does want to wreck the U.S. economy, doesn´t he? Obama seems to care not a whit about the implications of all this for the taxpayer and the employer. If Obama "cares" so much, he has an awfully peculiar way of showing it.
Meanwhile, individuals and corporations somehow manage to survive, itself a testament to the resilience of the human spirit in the face of unimaginable recklessness at the hands of government.
Even if the Tax Twins get that money it only will operate the us govt for 3 weeks or so however it calculates out. Remember that for a human to count to a trillion as in 1...2..3...it would take thrity-two thousand years. It is crazy to spend like this. A better tack would be for Boehner to say "no tax increases and a 15% reduction in the debt ceiling". Fifteen per cent is a figure mentioed for the Value-added tax. So it could work the other way just as well-as a reduction in spending. Heck the govt could go home on thurs at noon every week and that would be a big savings.
Montevideo - Uruguay´s Senate is expected to pass a law on Tuesday making the small South American nation the world´s first to allow its citizens to grow, buy and smoke marijuana. The pioneering government-sponsored bill establishes state regulation of the cultivation, distribution and consumption of marijuana and is aimed at wresting the business from criminals. Cannabis consumers would be allowed to buy a maximum of 40 grams (1.4 ounces) each month from state-regulated pharmacies as long as they are over the age of 18 and registered on a government database that will monitor their monthly purchases.
The political temperature in the Arctic rose on Tuesday when Vladimir Putin vowed to step up Russia´s military presence in the region in response to a claim by Canada to the north pole. In typically trenchant style, Putin told his defence chiefs to concentrate on building up infrastructure and military units in the Arctic. He said the region was again key to Russia´s national and strategic interests, following a retreat in the post-Soviet period. His comments were a direct and rapid riposte to Canada, a rival Arctic power. John Baird, said his government had asked scientists to work on a submission to the UN arguing
The phone call came from a charming woman with a bright, engaging voice to the cell phone of a TIME Washington Bureau Chief Michael Scherer. She wanted to offer a deal on health insurance, but something was fishy. When Scherer asked point blank if she was a real person, or a computer-operated robot voice, she replied enthusiastically that she was real, with a charming laugh. But then she failed several other tests. When asked “What vegetable is found in tomato soup?” she said she did not understand the question. When asked multiple times what day of the week it was yesterday, she complained repeatedly of a bad connection.
A porn performer who tested positive for HIV in Los Angeles is asking for privacy as the industry tries to determine the scope of the problem. "The performer deserves privacy and dignity at this difficult time, and we ask that our colleagues and the media respect the performer’s wishes for privacy unless he or she wishes to speak," the Free Speech Coalition, a porn industry trade group, said in a statement. The Free Speech Coalition said it was working to identify anyone who had sex with the infected performer. “We take the health of our performers very seriously and felt
In China on Thursday, Vice President Joseph R. Biden Jr. spoke plainly about the role of a free press in a democratic society. “Innovation thrives where people breathe freely, speak freely, are able to challenge orthodoxy, where newspapers can report the truth without fear of consequences,” he said in an address to American businesspeople living and working there. He was speaking against the backdrop of China’s restrictive policies on reporting by foreign news organizations; the Chinese government has so far declined to renew the visas of nearly two dozen reporters from The New York Times and Bloomberg News as a consequence
Jerusalem - Israeli Prime Minister Benjamin Netanyahu has decided not to attend a memorial service for Nelson Mandela this week because it is too expensive to travel to South Africa, Israeli media reported on Sunday. Netanyahu had notified the South African authorities that he would fly in but cancelled his plans at the last minute due to the costs involved -- around 7.0 million shekels ($2 million) for his transport and security alone, pubic radio and the Haaretz daily reported. "The decision was made in light of the high transportation costs resulting from the short notice of the trip and the security required for the prime minister
New Orleans - Things traditionally get started a little late down here, an inclination that runs from mealtimes to political races. But with nearly a year to go before the 2014 election, it is already open season on Senator Mary L. Landrieu, Democrat of Louisiana. (Snip) As Democrats look across the rest of the South, the outlook does not get much better. Ms. Landrieu, along with Senators Mark Pryor of Arkansas and Kay Hagan of North Carolina, is pretty much all that is left of Southern Democrats in the Senate. All three are up for re-election next year. And the outcome of their races could determine whether the Southern Democrat,
Even as five regulatory agencies prepared to vote Tuesday on a regulation that seeks to rein in risk-taking on Wall Street — an effort known as the Volcker Rule — lawyers and lobbyists were gearing up for another round of attacks against it. (Snip) The groups, including the U.S. Chamber of Commerce, are hinting that they could use litigation to either undercut or clarify the rule, which is intended to bar banks from trading for their own gain and limit their ability to invest in hedge funds. The rule, a cornerstone of the 2010 Dodd-Frank Act and a barometer for the overall strength of the regulatory overhaul, is aimed at
Afghan President Hamid Karzai agreed on a cooperation pact with Iran, despite continuing to resist signing a security agreement with the U.S., Reuters reported. Karzai made the deal with Iranian President Hassan Rouhani in Tehran Sunday. (Snip) Rouhani said Sunday his country opposes the presence of foreign forces in Afghanistan and the region, saying their presence generates tension, the official IRNA news agency reported. IRNA quoted Rouhani as telling Karzai: "We believe that all foreign forces should leave the region and that the security of Afghanistan should be handed over to people of the country."
US Secretary of State John Kerry reiterated on Sunday that Israel will be safer the day the recently-reached deal on Iran´s nuclear issue is implemented. Kerry, addressing the Brookings Institution´s annual Saban Forum, recognized Israel´s concern over Tehran´s disputed nuclear ambitions, saying the possibility of a weaponized nuclear Iran stood as an existential threat to Israel. "We will not allow Iran to acquire a nuclear weapon. Period. Not now, not ever," he said.
Los Angeles - The California health exchange says it´s been giving the names of tens of thousands of consumers to insurance agents without their permission or knowledge in an effort to hit deadlines for coverage. (Snip) Officials with Covered California, the exchange set up in response to the federal health law, said they began providing names, addresses, phone numbers and email addresses if available this week in a pilot program. They said they thought it would help people meet a Dec. 23 deadline to have health insurance in place by Jan. 1. The state doesn´t know exactly how many people
The “feminist nightmare” is recurring. Unbowed by Politico labeling her with this epithet a couple of weeks ago, Michelle Obama continues to do what her critics regard as frightening behaviors. Last week, she assaulted independent women by showing off the White House Christmas decorations. “Our goal is for every room and every tree to tell a story,” she explained to an audience of military families in the East Room, where her two-tone gray dress matched the silver ornaments on the trees. She spoke of Christmas trees made from stacks of books (“they’re very cool!”) and described the “first dog display”
When I was a kid, I knew two different Santa Clauses. The first had a fat belly, rosy cheeks, a long white beard, and skin as pink as bubble gum. He was omnipresent, visiting my pre-school and the local mall, visible in all of my favorite Christmas specials. Then there was the Santa in my family’s household, in the form of ornaments, cards, and holiday figurines. A near-carbon copy of the first one—big belly, rosy cheeks, long white beard: check, check, check. But his skin was as dark as mine. Seeing two different Santas was bewildering. Eventually I asked my father what
US President Barack Obama may have moved the masses attending Nelson Mandela’s memorial service with his stirring eulogy, but it was his grinning "selfie" with the Danish and British premiers that set social networks abuzz. In a candid moment captured by a photographer, Denmark’s Prime Minister Helle Thorning-Schmidt can be seen holding up her smartphone, with Obama lending a helping hand, as they pose for a picture with David Cameron, all three of them smiling broadly in their seats at Soweto’s World Cup stadium.(Snip)Mashable, the news and technology website, ran the photograph under the headline: ‘‘Dear Obama: Funerals are no place
Johannesburg - A man who provided sign language interpretation on stage for Nelson Mandela´s memorial service, attended by scores of heads of state, was a "fake," the national director of the Deaf Federation of South Africa said on Tuesday. Asked about the claim by The Associated Press, South Africa´s government said it was preparing a statement. Three sign language experts said the man was not signing in South African or American sign languages. South African sign language covers all of the country´s 11 official languages, according to the federation. It wasn´t immediately clear if the unidentified man was using a
On his way to the podium at the memorial ceremony for former South African president Nelson Mandela, President Obama walked down the line of dignitaries, greeting other leaders there to pay their respects. Among the hands shaken: that of Cuban leader Raul Castro. Obama neither made a special effort to shake Castro’s hand nor to avoid him. A snub might have been awkward: In his speech, Obama praised Mandela’s “greatest gift” as “his recognition that we are all bound together in ways that can be invisible to the eye; that there is a oneness to humanity; that we achieve ourselves by
House Speaker John Boehner (R-Ohio) snapped at conservative groups that have come out in opposition to the budget deal reached Wednesday between Rep. Paul Ryan (R-Wis.) and Sen. Patty Murray (D-Wash.). "They´re using the American people for their own purposes. This is ridiculous," Boehner said at a press conference with other members of House Republican leadership on Wednesday. Over the past few days, a number of conservative groups have blasted the deal because it sets discretionary spending levels in the budget higher than previous levels under sequestration. In the past three days, the influential Heritage Action, Club for Growth, Americans
The Obama State Department has finally released a second round of photos revealing the harrowing devastation wrought by a terrorist attack on the U.S. Consulate in Benghazi on Sept. 11, 2012. The new photographs depict rampant damage to the consulate. They show charred walls, smoldering fires, Arabic graffiti defacing exterior walls, and scattered debris throughout. The extent of the damage would lead any reasonably serious person to conclude that this was a cold, calculated attack, carefully coordinated to mark the 11th anniversary of Sept. 11, 2001. Unfortunately for the American people, the Obama-Clinton-Rice cabal that led to the Benghazi cover-up was
A black fashion student says he was brutally attacked by a gang of Hasidic men who shouted anti-gay slurs at him while he was walking through Williamsburg after a night of partying, the Daily News has learned. Taj Patterson, 22, was headed home to Fort Greene around 4:30 a.m. on Dec. 1 when he says more than a dozen ultra-Orthodox Jewish men began assaulting him on Flushing Ave. and yelling, “Stay down, f----t!”
A “presidential selfie” featuring President Barack Obama, British Prime Minister David Cameron, and Denmark’s Prime Minister Helle Thorning-Schmidt at Nelson Mandela’s memorial service began making the rounds this morning, but it’s the person not included in the frame who caught everyone’s attention: As anyone with two eyes and a Twitter account has noticed, Michelle Obama does not appear amused. Of course, though a picture says a thousand words, not all of those words are necessarily true. FLOTUS might not have even known the photo was taking place. Or she could disapprove of funeral selfies. Either way.
President Obama’s job approval among American voters has dropped to negative territory with just 38 percent voicing their approval versus the 58 who says they disapprove, according to a national poll released Tuesday by the independent Quinnipiac University. That is one percent less than the 39% who said they approved of him in last month’s poll. The majority of the 2,692 registered voters the University in early December said that the president is not honest and trustworthy. When asked, “Do you approve or disapprove of the way Barack Obama is handling his job as President?,” respondents gave Obama lackluster ratings
Looks like this president can’t get away with flirting in front of his wife… It appears that first lady Michelle Obama was none too pleased with the way that President Barack Obama was acting toward Denmark Prime Minister Helle Thorning-Schmidt during a ceremony honoring Nelson Mandela, and before too long, they switched seats. This lmao! Michelle Obama vs Prime Minister of Denmark at Mandela´s ceremony. pic.twitter.com/Rq4uF9fTaZ — Stun (@TheBlogPirate) December 10, 2013
Barack Obama has arrived in South Africa to lead the American delegation at a memorial service for former South African President Nelson Mandela in Johannesburg. But his party is reportedly stuck in traffic and he is said to have arrived late at the stadium for the ceremony. [Snip] But Mr Clinton, Mr Carter and his wife Rosalynn have all traveled separately to the event. According to reports, Mr Obama and his delegation are stuck in a lines of traffic caused by tens of thousands of people making their way to the event. Mr Obama is among the foreign leaders who
The sign language interpreter at Nelson Mandela´s memorial yesterday "made up his own signs," according to South Africa´s deaf federation. "He´s a complete fraud," Cara Loening, director of Sign Language Education and Development in Cape Town, said according to ITV News. "He wasn´t even doing anything, There was not one sign there. Nothing. He was literally flapping his arms around." Delphin Hlungwane, an official South African sign language interpreter at DeafSA, told Reuters: