Monday, December 17, 2012

Fiscal cliff talks: Speaker John Boehner pitches millionaire tax hike

http://www.politico.com/story/2012/12/boehner-pitches-millionaire-tax-hike-85128.html?hp=r3

notice Beohner has a new crew behind him is that to give the impression of change, nice try but no cigar.

Speaker John Boehner has proposed allowing tax rates to rise for the wealthiest Americans if President Barack Obama agrees to major entitlement cuts, according to several sources close to the talks.
It is the first time Boehner has offered any boost in marginal tax rates for any income group, and it would represent a major concession for the Ohio Republican. Boehner suggested hiking the Bush-era tax rates for top wage earners, including those with annual incomes of $1 million or more annually, beginning Jan. 1, two sources said.
Boehner also wants to use a new method of calculating benefits for entitlement programs known as “chained CPI,” which would slow the growth of Medicare and other federal health programs and save hundreds of billions over the next decade.
we know that republican math never seems to pan out, let's see if this falls undefined like everything else republicans have put forth.
The speaker’s offer would not include extending federal unemployment benefits, and it is unclear how it would address sequestration — the tens of billions in spending cuts scheduled to go into effect for the Pentagon and other federal agencies starting Jan. 2.
And Republicans remain unyielding on agreeing to raise the U.S. debt limit as part of any agreement to avoid the fiscal cliff.
so we have learned that the republicans have crated a new math path to nowhere and nothing else has changed still willing to take hostages, so what's all the hoopla SSDD (SAME CRAP DIFFERENT DAY)