Fiscal Cliff update! Speaker Beohner offers up tax hikes on millionaires

Point one. Boehner ought to know better, Obama is seeking to use this issue to cripple the GOP. 

Point two. This added revenue will do nothing to reign in the deficit, because it does nothing to reign in the real  problem SPENDING!

Point three. No matter what Boehner and the party do, the Democrats and media will still blame them for everything.

Point four. Once you abandon your principles the game is over.

WASHINGTON (AP) — Signaling new movement in “fiscal cliff” talks, House Speaker John Boehner has proposed raising the top rate for earners making more than $1 million, a person familiar with the negotiations said. President Barack Obama, who wants higher top rates for households earning more than $250,000, has not accepted the offer, this person said.

The proposal, however, indicated progress in talks that had appeared stalled. The person would only discuss the plan on the condition of anonymity because of the sensitivity of the negotiations.

As part of a broader budget deal, Boehner is still seeking more spending cuts than Obama has proposed, particularly in mandatory health care spending. Boehner has asked for a long-term increase in eligibility age for Medicare and for lower costs-of-living adjustments for Social Security.

Point five. Who wants to bet that those spending cuts never happen? Who wants to bet the Democrats are calling for more spending by next Summer?

 

One thought on “Fiscal Cliff update! Speaker Beohner offers up tax hikes on millionaires

  1. hope we get one more year of unemployment benifits.

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