Plouffe explains more tax increases: “As you know, we made public our offer to Speaker Boehner, over $1 trillion in additional spending cuts, $400 billion in entitlement savings. This is really serious stuff, on top of the over $1 trillion we’ve already signed into law. So the barrier to progress here isn’t our position of […]
January 7, 2013
Rep Smith(D) recently spoke to The Hill about sequestration: “At a certain point the industry has to deal with what’s coming at them. They did what they could, but just the broader challenges of addressing our deficit issues are too great for anyone at this point.” Yesterday on Face The Nation Pelosi discussed future post […]
January 2, 2013
Last night the House passed the Senate bill to avert the Obama Cliff. Nobody’s taxes were cut, entitlements were extended, tax increases were used to fund spending increases, and spending was increased by well over $300 Billion. Let’s look back at what we said yesterday. Burst Updates, Jan 1: Long term unemployment remains as is, […]
January 1, 2013
Long term unemployment remains as is, capital gains and inheritance change, sequestration is delayed, but the heart of this deal is ‘Old 41′, $620 Billion in new taxes and $15 Billion in spending cuts. That’s the ratio Obama came before the country yesterday afternoon and campaigned for while the Senate was trying to work something […]
December 30, 2012
This morning Obama was there for NBC and they were there for him: “Republicans will have to decide if they’re going to block it, which will mean that middle-class taxes do go up. I don’t think they would want to do that politically, but they may end up doing it. If all else fails, if […]
December 29, 2012
Thus far, in a rapidly deteriorating economy, the American people have not experienced the results. Government has stepped in, with it’s entitlement cushions, to camouflage reality. I have never displaced the GOP from the blame, how might the people have perceived their situation if that two year Bush tax extension had not been put into […]
December 28, 2012
This afternoon Obama and the congressional leaders are set to meet at the White House in another ‘last ditch’ effort. Once again Obama brings no plan, only hope for change to move forward. He returned early from Hawaii, 18 hours of golf, leaving the family behind, to meet again with these four for the first […]
December 27, 2012
Regardless of how you felt about the offers Boehner made to Obama, none were accepted. With a few days remaining before the fiscal deadline, passed legislation from the House still sits in Reid’s ‘desk drawer’. Obama’s back in DC to save the day and Reid just submitted another brief statement. Reid: “It is time for […]
December 22, 2012
Before boarding the Hawaii holiday (Christmas) plane yesterday Obama spent a few minutes in front of the camera: “Good afternoon, everybody. Over the last few weeks I’ve been working with leaders of both parties on a proposal to get our deficit under control, avoid tax cuts — or avoid tax hikes on the middle class, […]
January 21, 2013
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