White House rejects GOP offer as 'nothing new,' unbalanced

[babylonsister]

White House rejects GOP offer as 'nothing new,' unbalanced
By Justin Sink - 12/03/12 05:03 PM ET


The White House on Monday blasted a counteroffer from House Republicans on debt talks as failing to "meet the test of balance."

The White House said the $2.2 trillion offer of spending cuts, entitlement reforms and $800 billion in new tax revenue "includes nothing new" and was not serious. It also faulted the proposal for lowering tax rates on the wealthy.

"While the president is willing to compromise to get a significant, balanced deal and believes that compromise is readily available to Congress, he is not willing to compromise on the principles of fairness and balance that include asking the wealthiest to pay higher rates," White House communications Director Dan Pfeiffer said in a statement.

"President Obama believes – and the American people agree – that the economy works best when it is grown from the middle out, not from the top down."

Pfeiffer also dismissed the GOP for providing "no details on which deductions they would eliminate, which loopholes they will close or which Medicare savings they would achieve."

more...

http://thehill.com/blogs/blog-briefing-room/news/270689-white-house-gop-plan-does-not-meet-the-test-of-balance

[AldoLeopold]

1. uh oh

[link:

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[Cha]

2. Yeah, We tried Top Trickle Down for 2 gop 8 years terms.. Didn't Work.

[Heather MC]

5. i can't believe they are trying to sell the same gallon of milk from 1980

yuck nasty taste

[sakabatou]

3. "We reject reality and substitute something much worse."

[Drahthaardogs]

4. Good.

We are in charge.

[SouthernDonkey]

6. It's time

To replace the obstructionist asshats! I still cant believe we couldn't get a Democratic majority in the House. Gerrymandering is evil. How do we change the numbers in 2014?