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Title: Boehner Extends Olive Branch on 'Fiscal Cliff' (tax increases)
Source:
CNBC
URL Source: http://www.cnbc.com/id/49731550
Published: Nov 7, 2012
Author: Reuters
Post Date: 2012-11-07 17:54:49 by Hondo68
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Keywords: want you to lead, a balanced approach, will include higher taxes
Views: 97936
Comments: 133
House Speaker John Boehner offered Wednesday to pursue a deal with a victorious President Barack Obama that will include higher taxes "under the right conditions" to help reduce the nation's staggering debt and put its finances in order. "Mr. President, this is your moment," Boehner told reporters, speaking about the "fiscal cliff" that will hit in January. "We want you to lead." Poster Comment: He's ready to be lead to Obama's lame duck a$$, so he can kiss it.
Boehner said House Republicans are asking Obama "to make good on a balanced approach" that would including spending cuts and address government social benefit programs.
"Let's find the common ground that has eluded us," Boehner said while congratulating the president on winning a second term. (Read more: Obama Re-elected as Crucial Ohio Goes His Way.)
The Ohio Republican spoke a day after the president's clear re-election victory. He said conditions on higher taxes would include a revamped tax code to make it cleaner and fairer, fewer loopholes and lower rates for all.
The speaker noted that during one-on-one budget talks with the president in the summer of 2011, Obama had "endorsed the idea of tax reform and lower rates, including a top rate of lower than 35 percent," the present top rate.
"We're closer than we think to the critical mass needed legislatively to get tax reform done," he said. (Read more: Alarm on Wall Street Grows as 'Fiscal Cliff' Nears.)
Boehner did not specify what loopholes House Republicans might consider trimming. Nor did he take questions.
His comments were generally along the lines of proposals by vanquished Republican presidential candidate Mitt Romney that also were vague on specifics. Still, the speaker's comments signaled a willingness to enter into talks. He suggested Congress could use its upcoming lame-duck session to get the ball moving on such a compromise.
"We can't solve the problem of our fiscal imbalance overnight...This is going to take time," he said.
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Begin Trace Mode for Comment # 12.
#6. To: hondo68 (#0)
It won't be that bad.... America is still the Vaunted Global Military power. Buck up America....its not even anywhere's scarry like 1/3 rd of the Earth burned with fire...1/3 of the water poisoned....and the Beast image in Jerusalem.
Yeah,but you know what? One day the money won't be there for us to fight to protect Saudi Arabia in the Muddle East,and all those soldiers will be coming back home and looking for jobs that just aren't there. Won't life be just grand when that happens?
LOL!!! We all know who we are 'protecting' in the ME and it sure as the hell isn't SA. I.E.: Israel To U.S.: Don't Delay Iraq Attack Israel is urging U.S. officials not to delay a military strike against Iraq's Saddam Hussein, an aide to Prime Minister Ariel Sharon said Friday. Israeli intelligence officials have gathered evidence that Iraq is speeding up efforts to produce biological and chemical weapons, said Sharon aide Ranaan Gissin. "Any postponement of an attack on Iraq at this stage will serve no purpose," Gissin said. "It will only give him (Saddam) more of an opportunity to accelerate his program of weapons of mass destruction."
#13. To: Brian S (#12)
Yes,it IS Saudi Arabia. Your hatred for Jews is blinding you to reality. The Jews are perfectly capable of taking care of themselves against their Muslim neighbors. It's SA that needs the protection of the US military.
Top • Page Up • Full Thread • Page Down • Bottom/LatestBoehner Extends Olive Branch on 'Fiscal Cliff' (tax increases)
So there will certainly be many more wars....lots of parades.
Who knows...maybe they finally do another great movie like the San Pebbles or Saving Private Ryan.
Hey...it will be at least 10 years before things get that bad : )
#11. To: Parrot with speed dial (#6)
America is still the Vaunted Global Military power. So there will certainly be many more wars....lots of parades.
#12. To: sneakypete (#11)
us to fight to protect Saudi Arabia in the Muddle East
Replies to Comment # 12. We all know who we are 'protecting' in the ME and it sure as the hell isn't SA.
End Trace Mode for Comment # 12.
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