GOP ‘Fiscal Cliff’ Plan Echoes Failed Budget Talks
The GOP is still going after Medicare, Medicaid, ACA, and even Social Security instead of raising some taxes on the uber-rich. When they finally do show their cards we find that they are the same dog earred ones that failed to win the last hand.
Republicans want to break the social contract by taking from working and middle class people who have paid towards that contract all of their adult lives.Republicans want to break the social contract by taking from working and middle class people who have paid towards that contract all of their adult lives. ‘Entitlement’ is now a dirty word to the GOP and it did not used to be that way.
Boehner wants to take from hard working Americans so that his elite buddies don’t have to pay the tax rate they did during the Clinton years. He wants to do that at the end of a decade that saw corporate and financial profits raise to stellar heights while in terms of real dollars workers regressed in pay. His playing jiggery pokery with how inflation is measured isn’t revenue but instead costs Social Security recipients future cost of living increases that insure their benefits at least keep pace with inflation.
It’s neither right nor fair, call your house representatives and let them know what you think. Write them a letter. Write a letter to the editor. Do whatever you can, because once again the filthy rich are shucking their burdens onto the backs of middle class Americans.
Republicans are proposing a “fiscal cliff” plan that revives ideas from failed budget talks with President Barack Obama last year, calling for raising the eligibility age for Medicare, lowering cost-of-living hikes for Social Security benefits and bringing in $800 billion in higher tax revenue.
The counter to a White House plan last week relies more on politically sensitive spending cuts and would raise half the $1.6 trillion in revenue proposed by Obama over the coming decade.
The 10-year, $2.2 trillion proposal from House Speaker John Boehner, R-Ohio, resembles a framework similar to what Boehner supported last year, but Obama is pressing for additional tax increases and appears to be balking at spending cuts discussed in those talks and since.
Administration officials from Obama on down say it’ll take money from raising tax rates on the rich — instead of GOP proposals to simply curb their deductions — to win Obama’s approval of any plan to avoid the “fiscal cliff.”