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August 20, 2014

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Boehner: Obama fiscal cliff offer bad for economy

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House Speaker John Boehner of Ohio gestures as he speaks to reporters on Capitol Hill in Washington, Thursday, Nov. 29, 2012, after private talks with Treasury Secretary Timothy Geithner on the fiscal cliff negotiations.

WASHINGTON — House Speaker John Boehner says President Barack Obama's proposal to avoid the fiscal cliff by boosting revenue by $1.6 trillion over the next decade would be a "crippling blow" to the economy and leave the nation's debt problems unresolved.

He says bargaining between administration officials and congressional leaders has gone "almost nowhere."

Even so, the Ohio Republican said Friday that he wants to continue working with the president to avoid hundreds of billions in tax increases and spending cuts that will begin in January unless negotiators find a way to head them off.

In visits on Thursday to congressional leaders, Treasury Secretary Timothy Geithner presented the administration proposal. Besides tax boosts, it also called for fresh spending to help the jobless, and savings next year from benefit programs.

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  1. The Bush Administration decided on the Bush Tax Cuts would be temporary.

    The Republican controlled Congress decided on the "fiscal cliff" if they couldn't compromise between the two parties.

    Now they want compromise from President Obama by accepting the Republican's demands. I think they should have thought of this event before they decided to try to get what they wanted by forcing the situation through the "fiscal cliff".

    You reap what you sow! Their plan backfired. Let their game come to fruition in the form they chose for the nation.

    It might teach the politicians to stop playing such games.

    It might teach voter's to hold them responsible for what they created.

    Citizen's hang in there, and support one another however possible through any difficulties that arise. This is the most effective way of serving the nation, rather than accepting what the politicians serve to the nation.