PLEDGE NOW
Here and Now with Robin Young and Jeremy Hobson
Public radio's live
midday news program
With sponsorship from
Mathworks - Accelerating the pace of engineering and science
Accelerating the pace
of engineering and science
Wednesday, December 5, 2012

Obama Hardens On Raising Tax Rates, Divided Republicans Plan Next Move

President Obama told Bloomberg TV on Tuesday night that Republicans would have to agree to tax rate increases as part of any plan to avoid going over the “fiscal cliff.” (Screenshot from Bloomberg.com)

In his first post-election interview Tuesday night on Bloomberg TV, President Barack Obama insisted that Republicans were going to have to agree to tax rate increases as part of any plan to avoid going over the looming “fiscal cliff” of automatic tax rate increases and spending cuts.

Republicans are divided over House Speaker John Boehner’s latest GOP offer to increase tax revenues by capping tax deductions.

As Rick Klein of ABC News tweeted, it came as no surprise that the White House rejected Boehner’s offer. The real news may be the blowback from right, prompting Klein to ask, “reason for optimism?”

At a news conference on Wednesday, Boehner said Republicans are “ready and eager” to talk with President Obama about avoiding the fiscal cliff. He said he put out a “good faith offer” and the White House needs to respond with a plan that could pass both houses of Congress.

Guest:


Please follow our community rules when engaging in comment discussion on this site.
Robin and Jeremy

Robin Young and Jeremy Hobson host Here & Now, a live two-hour production of NPR and WBUR Boston.

July 30 33 Comments

Oxford Conservationist Talks About 7 Years Of Tracking Cecil

The 13-year-old lion was not only a tourist favorite, but also, a research animal. The beloved lion was being studied by the Oxford University Conservation Unit.

July 30 23 Comments

NAACP To Begin 860-Mile ‘Journey For Justice’ March

The march, which will travel from Selma, Ala. to Washington, seeks to highlight vulnerable communities subject to regressive voting rights.

July 29 2 Comments

Garden-Inspired Cooking With Kathy Gunst

We visit our resident chef's garden in Maine, make gazpacho and get a recipe for a plum tart with hazelnut crust.

July 29 641 Comments

Two Sides Of The GMO Debate

We moderate a debate over a bill that would bar states from forcing food manufacturers to label genetically modified foods.