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JaneyVee

(19,877 posts)
Mon Dec 3, 2012, 04:23 PM Dec 2012

Breaking: House GOP Fiscal Cliff Counter-Offer

Welp, no surprises here:

WASHINGTON (AP) — House Republicans negotiating with President Barack Obama on avoiding the so-called fiscal cliff are proposing to increase the eligibility age for Medicare and to lower cost-of-living hikes in Social Security benefits.

The proposal is a response to Obama's offer last week to hike taxes by $1.6 trillion over the coming decade but to exempt Medicare and Social Security from cuts to beneficiaries.

The GOP plan also proposes to raise $800 billion in higher tax revenue over the decade but would keep the Bush-era tax cuts — including those for wealthier earners being targeted by Obama — in place for now.

House Speaker John Boehner said the GOP proposal is a "credible plan" for Obama and that he hopes the administration would "respond in a timely and responsible way."

Link: http://www.huffingtonpost.com/2012/12/03/house-republicans-fiscal-cliff-offer_n_2233408.html

Trash. But it's what we've come to expect from the Army of One Percent.

16 replies = new reply since forum marked as read
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Drale

(7,932 posts)
3. House Speaker John Boehner said the GOP proposal is a "credible plan" for Obama
Mon Dec 3, 2012, 04:27 PM
Dec 2012

AKA Do what we say or we will scream and cry until you do what we want. O yeah and Grover is really the head of the Repuke party now.

Walk away

(9,494 posts)
4. The Democrats in the House and the President better be laughing their asses off!
Mon Dec 3, 2012, 04:27 PM
Dec 2012

What does Social Security have to do with the fiscal cliff?

 

Dawgs

(14,755 posts)
5. So, now we know. Reduce earned benefits for the rest of us, and huge tax cuts for the rich.
Mon Dec 3, 2012, 04:28 PM
Dec 2012

Doesn't get any more clear than that.

 

Lionessa

(3,894 posts)
6. So how are they getting 800B in revenues
Mon Dec 3, 2012, 04:28 PM
Dec 2012

without raising taxes? Is this where they like to claim that because of lower taxes on "job creators" more people will be working and hence there will be more revenue overall, which has proven over the past decade to be a false assumption? Or have they found some other equation that relies on the goodness of "job creators" who claim to need the assurance of low taxes?

It makes no sense? Did they give specifics this time I wonder? I guess I'll have to go to HuffPost and read more.

 

RomneyLies

(3,333 posts)
11. Magic Hand of the Free Market, of course.
Mon Dec 3, 2012, 04:31 PM
Dec 2012


Basically, they sent up the Ryan budget and told Obama t take it or leave it.

Fridays Child

(23,998 posts)
10. Here, President Obama. Let me.
Mon Dec 3, 2012, 04:31 PM
Dec 2012

No cuts to Social Security, Medicare, and Medicaid benefits. Allow tax cuts for the wealthiest Americans to expire.

Just listened to an NPR analysis. Essentially, Obama can hold firm on these items because both public opinion and good economic sense are on his side.

DreamGypsy

(2,252 posts)
12. Offer Dead on the first 5 words of Boehner's letter...
Mon Dec 3, 2012, 04:32 PM
Dec 2012
Dear Mr. President,

After a status quo election..

HughBeaumont

(24,461 posts)
13. WE CANNOT AFFORD ONE MORE MONTH OF THE BEWSH TAX CUTS!!
Mon Dec 3, 2012, 04:36 PM
Dec 2012

It's called payback for 33 years of wage suppression. COUGH UP.

My GOD . . . do these dicktits live in a world where you would never raise even one tax, EVER? You know how highly unrealistic and structuraly damaging that is to a debt-ridden economy? What if we had an actual war? Are we still going to pledge to Grovel Nerdquist, who wrote this crap when he was 12?

frazzled

(18,402 posts)
15. "Raising Medicare’s age: Saves feds $5.7 billion, costs you $11.4 billion"
Mon Dec 3, 2012, 05:22 PM
Dec 2012
The Center for Budget Priorities and Policy estimates that, while the federal government would save $5.7 billion, the rest of the health care system would end up spending $11.4 billion more to provide those same benefits.



Seniors themselves would end up spending $3.7 billion more as the benefits on the exchange would be less robust than those currently covered through Medicare. Employers would end up footing part of the bill, too, continuing to sponsor an additional two years of coverage.

http://www.washingtonpost.com/blogs/wonkblog/wp/2012/12/03/raising-medicares-age-saves-feds-5-7-billion-costs-you-11-4-billion/


Compare that to Obama's plan to apply Medicaid drug rebates to the Medicare Part D program: it would save an actual $158 billion over 10 years (and cost "you" nothing).

DearAbby

(12,461 posts)
16. say, didnt we ditched this idea last month?
Mon Dec 3, 2012, 05:36 PM
Dec 2012

Why are they serving the same warmed over Romney shit? We just had an election that overruled that. The GOP are denying the results of an election.

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