General Discussion
Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsBreaking: 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.
MotherPetrie
(3,145 posts)CaliforniaPeggy
(149,663 posts)Drale
(7,932 posts)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)What does Social Security have to do with the fiscal cliff?
Dawgs
(14,755 posts)Doesn't get any more clear than that.
Lionessa
(3,894 posts)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)Basically, they sent up the Ryan budget and told Obama t take it or leave it.
Downwinder
(12,869 posts)Beats starvation.
DJ13
(23,671 posts)Screw that shit.
Mr. President, remember Reagan's "Make My Day" pronouncement?
It's time for Part II...
Fridays Child
(23,998 posts)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)After a status quo election..
HughBeaumont
(24,461 posts)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?
louis-t
(23,296 posts)Asshole.
frazzled
(18,402 posts)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)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.