Obama: I値l work with Republicans if they agree to raise taxes
Source: Yahoo News
MELBOURNE, Florida - President Barack Obama said in an interview partly broadcast Sunday that he would be "more than happy to work with the Republicans" to trim the swelling national debt as long as they drop their opposition to raising taxes on the wealthiest Americans.
"You can't reduce the deficit unless you take a balanced approach that says, 'We've got to make government leaner and more efficient,'" the president told CBS's Scott Pelley. "But we've also got to ask people --like me or Gov. Romney, who have done better than anybody else over the course of the last decade, and whose taxes are just about lower than they've been in the last 50 years - to do a little bit more."
Obama said he would be willing to make "some adjustments to Medicare and Medicaid that would strengthen the programs." "The way to do that is to keep health care costs low. It's not to 'voucherize' programs so that suddenly seniors are the ones who are finding their expenses much higher."
That was a reference to Mitt Romney and running mate Paul Ryan. The Republicans have proposed a plan that would transform Medicare by giving the elderly voucher-style payments they could use to purchase health insurance. They say it would rein in runaway health care costs. But Democrats and the impartial Congressional Budget Office say it would eventually shift much of the burden of health care costs to the elderly.
Read more: http://news.yahoo.com/blogs/ticket/obama-ll-republicans-agree-raise-taxes-151415997--election.html
The mainstream media refuses to press Republicans on the basic math of how they insist that they will cut the deficit without raising taxes.
Panasonic
(2,921 posts)There will be yet another turnover favoring the Democrats in the House.
Senate will be sustained, and Harry Reid will get rid of the filibuster rules changing it to simple majority for Democrats only. Republicans will require 95 votes for any cloture for any bills that needs to be filibustered, and they have to remain in the Senate during the filibuster and once they stop talking their asses off, the cloture will be automatic with a 51 majority.
cilla4progress
(24,736 posts)pscot
(21,024 posts)But instead of kicking some dirt over them we blew the breath of bipartisanship into them. We've been dealing with Zombie Republicants ever since.
Response to pscot (Reply #6)
AnotherMcIntosh This message was self-deleted by its author.
Panasonic
(2,921 posts)and it's time to dump the right and the third way Democrats.
Fortunately the Progressive Caucus continues to grow, while in 2010, the Blue Dog Caucus lost 75% of its members in the 2010 election, and Progressive gained about 65% of the members in 2010 as well.
That tells you what the people want - it's time to stop and go left now.
on point
(2,506 posts)Start tax for wealthy at 70%, compromise down to 60% until they pay off the debt the supply side economic fraud that THEY benefited from is paid off.
Same tax rate regardless of source, be it dividends, capital gains or salary.
DO NOT CUT BENEFITS!!
These conservatives are the same fools who said a tax cut for them could be afforded because pensions and the like were over funded. It was BS then it is their BS now.
VPStoltz
(1,295 posts)dkf
(37,305 posts)Tigress DEM
(7,887 posts)november3rd
(1,113 posts)It's not just the "arithmetic" that needs to be widely communicated here.
There's a principle too.
Three hundred years ago on the frontier, pioneers were more self sufficient. They had no one -- except possibly their neighbors and family -- to rely on. They didn't owe anything to anyone because all they had they produced themselves from nature.
Things aren't anything like that today. In fact, they're nearly opposite. Everything we have is produced by great inputs from others including those pioneers in the past and all those who established a system that enables creation of wealth and fairness under the rule of law.
This system of opportunity and fairness is being jeopardized by the wealthy.
Those like Ryan and Romney believe that all the wealth in a society can be owned by individuals to the exclusion of anybody else.
That's like a king or feudal lord owning all the wilderness and resources to the exclusion of anybody else.
What's worse is that they believe they can use these inequitable resources to further change the laws to favor the haves over the have nots.
So the principle we need to express is a corollary to: "We're all in this together."
The principle is: "Tax The Rich!"
Tigress DEM
(7,887 posts)The rich are too used to getting out of paying their fair share.
Because of the payroll tax, even people under the poverty line pay taxes first and then get them back later.
People making 1/4 or 1/2 a million a year can pay the same percent of tax as the majority do. On their wages and on their "investment income".
Response to TomCADem (Original post)
AnotherMcIntosh This message was self-deleted by its author.
Raine1967
(11,589 posts)..like what he did in the ACA.
"The way to do that is to keep health care costs low. It's not to 'voucherize' programs so that suddenly seniors are the ones who are finding their expenses much higher."
AnotherMcIntosh
(11,064 posts)Raine1967
(11,589 posts)... I just wanted the full quote to be given acknowledgement.
Surely you can understand that.
blkmusclmachine
(16,149 posts)BHO learned NOTHING ? Or is this more of his phony "bi-partisan" shtick that no one believes anymore ?
Can't fool me twice.
Lesser of 2 evils, indeed.
bigdarryl
(13,190 posts)bucolic_frolic
(43,173 posts)that President Obama has been ready to deal on taxes for years, the
GOP Obstructionists have blocked it all.
I really do sense that he has themes ready for the debates that will
draw all these issues together and tar and feather the GOP CONGRESS
Give them enough rope ... be unwavering in your position
it is now evident to the public that Bush Tax Cuts blew the economy
and the deficit
GOP is teetering toward the edge of credibility ....
Mitt and Mitch are sounding hollow .....
Ryan is losing the debate game ....
high density
(13,397 posts)This will not change in his second term.