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Pressuring GOP, Obama takes his fiscal plan to Pa.



Published: Fri, November 30, 2012 @ 1:50 p.m.

HATFIELD, Pa. (AP) — President Barack Obama argued today that allowing taxes to rise for the middle class would amount to a "lump of coal" for Christmas," while Republican House Speaker John Boehner declared that negotiations to surmount a looming fiscal cliff are going "almost nowhere."

Obama took his case to an audience in a Philadelphia suburb, saying that this move would present a "Scrooge Christmas" for millions of wage-earners. Speaking at a toy factory, the president said Republicans should extend existing Bush-era tax rates for households earning $250,000 or less, while allowing increases to kick in for the wealthy.

On Capitol Hill, Boehner argued that Obama's latest offer — to raise revenue by $1.6 trillion over the next decade — would be a "crippling blow" to an economy that is still struggling to find its footing.

Even so, the Ohio Republican told reporters he was determined to continue working with Obama to avoid hundreds of billions in tax increases and spending cuts that will take effect beginning in January if Washington doesn't act to stop it.

Obama's speech came a day after his administration proposed $1.6 trillion in new taxes over 10 years, new spending for the unemployed and struggling homeowners and savings of about $400 billion in entitlement programs like Medicare. The proposal amounts to requests that were already included in Obama's Fiscal 2013 budget plan. Republicans rejected the offer as unreasonable.


Comments

1Jerry(498 comments)posted 1 year, 9 months ago

Who's the president while Mr. Obama is off campaigning??

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2ytownredux(117 comments)posted 1 year, 9 months ago

So since you mentioned it, lets go back to Bush. Arent what you are complaining about happened with the grand and glorious President Bush, (Jerry please note that even though I thought he was as horrible a President as you think President Obama is, I address him by his earned title, not Mr., some of us have class.)

Didn't he decide to cut taxes when he put us into 2 wars off the books not to be paid for? Didn't he decide to put a drug program in with no plans to pay for it? Was he hoping too that someone would fix it later. It sounds like it's a "Presidential Thang" not a President Obama thing, so lets spread the blame around evenly. Mind you I am not saying that either of them did the right thing for the country necessarily.

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3Jerry(498 comments)posted 1 year, 9 months ago

ytownredux

If you've ever noticed, generally I do refer to President Obama with his title, out of repsect, even though I do think he is a horrible president. Occasionally I might slip, just like you did in your first sentence in referencing former President Bush by his last name only.

With regard to my commntary above, the entire intent of the comment was the sarcasm of implying the President was not acting like a President when he is off campaigning rather than being President. That is why I chose, in this case, to refer to him as Mr. Obama, rather than President Obama. I believe calling him Mr. Obama is still far more respectful than simply addressing him by his last name.

Finally, why would you feel the need to mention anything regarding former President Bush? I made no reference or comparison to him. I was not a huge fan of his either.

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