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Old November 30th, 2012, 02:18 PM   #1
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On Thursday, Republicans immediately rejected the presidentís opening offer to resolve the so-called ďfiscal cliffĒ issue.

According to Republicans who leaked the bid, President Obama would cut $4 trillion from the deficit, including $400 billion in Medicare savings and $1.6 trillion in revenue from first ending Bush tax breaks on the top earners, capital gains and dividends, and then tax reform. He also called for action to create jobs in payroll tax cuts, unemployment benefit extensions and $50 billion in infrastructure spending and a new mortgage-refinancing program.

Basically the president is asking for exactly what he campaigned on.

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Old November 30th, 2012, 02:39 PM   #2
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Yup. It so puzzling that these guys in Congress think that they can deny that the majority of Americans want taxes for the top 2% to go up. Including some that voted for Romney. And they want them to give more and stop acting like they are entitled to 100% of what they ask for in negotiations. And you can blame it on the Tea Party guys with the extreme and radical positions and policies. The fringe is close to controlling everything.*
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