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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsPresident Obama on what happens if Republicans block the middle-class tax cuts.
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DAVID GREGORY: Is this your Lincoln moment?
PRESIDENT BARACK OBAMA: Well, no. Look, A, I never compare myself to Lincoln and, B, obviously the magnitude of the issues are quite different from the Civil War and slavery. The point, though, is democracy's always been messy. And we're a big, diverse country that is constantly sort of arguing about all kinds of stuff. But eventually we do the right thing.
And in this situation I'm confident that one of two things are going to happen when it comes to the fiscal cliff. Number one, we're going to see an agreement in the next 48 hours, in which case middle class taxes will not go up. If that doesn't happen, then Democrats in the Senate will put a bill on the floor of the Senate and 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.
And if all else fails, if Republicans do in fact decide to block it, so that taxes on middle class families do in fact go up on January 1st, then we'll come back with a new Congress on January 4th and the first bill that will be introduced on the floor will be to cut taxes on middle class families. And I don't think the average person's going to say, "Gosh, you know, that's a really partisan agenda on the part of either the president or Democrats in Congress." I think people will say, "That makes sense, because that's what the economy needs right now."
So one way or another, we'll get through this. Do I wish that things were more orderly in Washington and rational and people listened to the best arguments and compromised and operated in a more thoughtful and organized fashion? Absolutely. But when you look at history that's been the exception rather than the norm.
http://www.msnbc.msn.com/id/50314590
DAVID GREGORY: Is this your Lincoln moment?
PRESIDENT BARACK OBAMA: Well, no. Look, A, I never compare myself to Lincoln and, B, obviously the magnitude of the issues are quite different from the Civil War and slavery. The point, though, is democracy's always been messy. And we're a big, diverse country that is constantly sort of arguing about all kinds of stuff. But eventually we do the right thing.
And in this situation I'm confident that one of two things are going to happen when it comes to the fiscal cliff. Number one, we're going to see an agreement in the next 48 hours, in which case middle class taxes will not go up. If that doesn't happen, then Democrats in the Senate will put a bill on the floor of the Senate and 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.
And if all else fails, if Republicans do in fact decide to block it, so that taxes on middle class families do in fact go up on January 1st, then we'll come back with a new Congress on January 4th and the first bill that will be introduced on the floor will be to cut taxes on middle class families. And I don't think the average person's going to say, "Gosh, you know, that's a really partisan agenda on the part of either the president or Democrats in Congress." I think people will say, "That makes sense, because that's what the economy needs right now."
So one way or another, we'll get through this. Do I wish that things were more orderly in Washington and rational and people listened to the best arguments and compromised and operated in a more thoughtful and organized fashion? Absolutely. But when you look at history that's been the exception rather than the norm.
http://www.msnbc.msn.com/id/50314590
The President plays some chin music.
http://www.democraticunderground.com/10022090926
In January, it only gets worse for Republicans
http://www.democraticunderground.com/10022054555
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President Obama on what happens if Republicans block the middle-class tax cuts. (Original Post)
ProSense
Dec 2012
OP
ProSense
(116,464 posts)1. Kick! n/t
SidDithers
(44,228 posts)2. DURec...nt
Sid
leftstreet
(36,108 posts)3. Holy Shit! Obama admits he's for chained CPI ?!!
From that same interview
PRESIDENT BARACK OBAMA: --but I already have, David, as you know, one of the proposals we made was something called Chain CPI, which sounds real technical but basically makes an adjustment in terms of how inflation is calculated on Social Security. Highly unpopular among Democrats. Not something supported by AARP. But in pursuit of strengthening Social Security for the long-term I'm willing to make those decisions.
But we were told he didn't support this
PRESIDENT OBAMA: ...but I already have, David, as you know, one of the proposals we made was something called Chain CPI, which sounds real technical but basically makes an adjustment in terms of how inflation is calculated on Social Security. Highly unpopular among Democrats. Not something supported by AARP. But in pursuit of strengthening Social Security for the long-term I'm willing to make those decisions. What I'm not willing to do is to have the entire burden of deficit reduction rest on the shoulders of seniors, making students pay higher student loan rates, ruining our capacity to invest in things like basic research that help our economy grow. Those are the things that I'm not willing to do. And so...
...and Boehner turned him down. It'll never pass in the Senate.
Here's an example of how dead chained CPI is, and why it should be.
http://www.democraticunderground.com/10022048462
leftstreet
(36,108 posts)6. But you people told us he was bluffing
LOL guess you're not as juiced in as some thought
ProSense
(116,464 posts)7. How do you know
"But you people told us he was bluffing LOL guess you're not as juiced in as some thought"
...he still isn't? I mean, without Boehner's acceptance, he can keep repeating how far he was willing to go.
"You people" clearly don't understand politics.
leftstreet
(36,108 posts)8. LOL n/t
ProSense
(116,464 posts)9. I know, isn't
Boehner stupid?
spanone
(135,841 posts)5. k&r...
ProSense
(116,464 posts)10. Kick! n/t