90.9 WBUR - Boston's NPR news station
Top Stories:
Here and Now with Robin Young
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.


Please follow our community rules when engaging in comment discussion on this site.
  • SuzanneNYC

    Robin!  Calm down!  The House could act by voting on the bill to retain the tax cuts for the middle class passed by the Senate earlier this year.  If Boehner can’t get the Republicans to act like responsible legislators, why should the Democrats concede anything? Just go off the cliff and deal with it when the new Congress is sworn in. 

  • http://www.facebook.com/pgtwilliams Pam Williams

    No offense – but those lazy bums in Washington need to stop worrying about how taxing the over $250K per year will affect their own taxes and do the right thing and push this through.  We, the middle class, do not want to see a cap on tax deductions.  As WE all know – that will still affect middle income and bring in little revenues only.  Raising taxes on those above $250K per year will be a substantial increase.  Then – dear Washington leaches – cut back the ridiculous spending on things that benefit the wealthy and corporate machines only.  Place yourselves on the budget tightening that you have subjected your bosses to (yes – WE the People)!  Live with the same type of healthcare we now enjoy (let’s see what you think of Obama care then); Live with the same Social Security Retirement (I’m sure that will right itself under those conditions as well).  You have been unsuccessful employees of We the People for far too long.  We the People will be watching you very CAREFULLY these next four years.  And as you witnessed from the last election, you will loose that cream puff job you created if We the People continue to take the “short end of the stick” for much longer.  So…  You’ve received your marching orders – get to it!!!!

Robin and Jeremy

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

July 21 Comment

Boxing Attracts More Than Would-Be Fighters

At the Ring Boxing Club, boxers range in age, are both men and women, and include an award-winning author.

July 21 Comment

Why Hot Cars Are So Deadly

An average of 38 kids die in a hot car every year in the U.S. We look at the science of why cars get so hot so fast, and why children are more vulnerable.

July 18 21 Comments

A Conversation With Immigrant Activist Jose Antonio Vargas

We sit down with the immigrant-rights activist, who has written extensively about the fact that he has been living illegally in the U.S. for years.

July 18 4 Comments

Will Israel Widen The War And Will Hamas Run Out of Rockets?

What will drive Israel's decision? What are the strategic calculations Hamas is making and how will it emerge from this conflict?