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Surreal: Obama's Fiscal Cliff Proposal Stuns Washington

Summers Wrote: Nov 30, 2012 12:07 PM
I think the most amazing thing about all of this is that the Republicans have been tagged for not wanting to raise taxes on 'millionaires' forever and the Republicans have never thought of a way to show that is not the case. Further, the Democrats have insisted that tax hikes start at earnings of $200K per person or $250K per family in income. Even Nancy Pelosi said she had a problem with that as these are not 'millionaires'. The GOP leadership in the House and Senate have failed miserably. They have stayed in place despite two presidential losses. It's time for Boehner and McConnell to go.
renny4 Wrote: Nov 30, 2012 12:14 PM
They always fail miserably on message and their consultants aren't worth spit.

Republicans have been asking for the White House's plan for some time now -- well, they finally got one.  Oh my:

House Republicans said on Thursday that Treasury Secretary Timothy F. Geithner presented the House speaker, John A. Boehner, a detailed proposal to avert the year-end fiscal crisis with $1.6 trillion in tax increases over 10 years, an immediate new round of stimulus spending, home mortgage refinancing and a permanent end to Congressional control over statutory borrowing limits. The proposal, loaded with Democratic priorities and short on detailed spending cuts, was likely to meet strong...