re: #512 Dark_Falcon
Neither did Obama state any of the savings his plan conatins, save only to say they “would be negotiated next year” which is Washingtonese for “Monday come never in a wheelbarrow”.
Is your memory that short? The fact the Republicans leaked the offer was mentioned here on LGF. A summary of the details:
Taxes
◾Immediate increase in both top marginal rates, as well as capital gains and dividends: +$960 Billion
◾Additional taxes: +$600 Billion
◾2009-level estate tax
◾AMT and business tax extenders: -$236 Billion
◾Payroll tax extension or alternative policy: -$110B
◾Bonus depreciation extensionSpending/Extras
◾$50 billion stimulus package in FY13
◾Mass refi mortgage proposal
◾Deferral of sequester
◾Savings from non-entitlement mandatory programs
◾Extension of unemployment insurance: $30 billion
◾Medicare SGR Patch: $25 Billion
◾Increase in the debt limit to avoid requiring Congress to vote to increase