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December 18, 2012

Obama rejects Boehner 'Plan B' that even Pelosi backed


Clearly, Barack Obama is all for 'taxing the hell out of the rich' ... but as for the "balanced" approach he yacked about during campaign 2012 ... not so much to not at all. In fact, he's so hell bent on being way far left of any degree of common sense, he's even way far left of even liberal-progressive loon Nancy Pelosi.

Via Joel Gehrke at The Examiner:

President Obama will not accept a compromise on the fiscal cliff issues outlined House Speaker John Boehner, R-Ohio, even though it parallels a deal suggested by House Minority Leader Nancy Pelosi, D-Calif.

Boehner discussed with the Republican conference the possibility of letting tax rates go up for millionaires in order to avoid going over the fiscal cliff, which would raise taxes on all Americans. "I believe it's important to protect as many American tax payers as we can," Boehner said today.

Obama rejected the plan. "[Obama] is not willing to accept a deal that doesn't ask enough of the very wealthiest in taxes and instead shifts the burden to the middle class and seniors," White House Press Secretary Jay Carney said in a statement today. "The Speaker's 'Plan B' approach doesn't meet this test because it can't pass the Senate and therefore will not protect middle class families, and does little to address our fiscal challenges with zero spending cuts."

That statement might come as a surprise to Pelosi. "In our caucus, there is a school of thought that says let's get rid of all the tax cuts," Pelosi told The Charlie Rose Show earlier this year, per Buzzfeed. "I say, let's begin by getting rid of tax cuts for people making more than a million dollars a year. I'm not even saying $250,000. The president's saying $250,000. A million and above. Who can argue with that?"

Apparently, Obama can. ...

More here ...

Meanwhile, as Obama's class warfare, massive spending, and ever-increasing debt continue to drive us ever deeper into a fiscal abyss and national insolvency, and weak-kneed Speaker Boehner continues to cave to Obama's way far left ideologically-based demands, little to nothing is even being mentioned of the primary driver of our debt, which is unquestionably and undeniably entitlement benefits.

Posted by Hyscience at December 18, 2012 12:33 PM

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