GOP Makes "Strictly Confidential" Offer As Pres. Obama Signals The GOP Will Cave
From ABC News:
"I'm pretty confident that Republicans would not hold middle class taxes hostage to trying to protect tax cuts for high-income individuals," Obama said today in an exclusive interview with ABC News' Barbara Walters.
"I don't think they'll do that," he said of Republicans forcing tax-rate increases for families earning $250,000 a year or less.
The sign of optimism follows weeks of tense negotiations and public posturing to avert the so-called "fiscal cliff," an economically toxic package of $6 trillion in across-the-board tax hikes and $1.2 trillion in deep spending cuts that could begin in early 2013.
As we get this information from the Huffington Post:
UPDATE: 6:13 p.m. -- A White House aide confirmed to The Huffington Post that the president made a counteroffer to Boehner on Monday. The details of the offer aren't readily available, but multiple reports state that it calls for $1.4 trillion in additional revenue. That number is $200 billion less than what the administration first proposed.
Boehner's proposal on Tuesday was in response to that. The administration confirmed that it had received his proposal, and the White House aide said the speaker and the president spoke by telephone on Tuesday about their dual offers.
Several other sources from both parties who are closely involved with the talks said that the GOP offer was being kept strictly confidential.
= new reply since forum marked as read
is hardly "caving"... tho' I'm sure some here will trumpet this from the rooftops as being a gigantic victory.
The REAL giving away of the farm will be from the President. what does he care? he's not running again; he got what he wanted.
