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.
Spotlight

Peter O’Dowd follows the route of Abraham Lincoln's funeral train 150 years ago, to look at modern-day race relations and Lincoln's legacy.

Robin and Jeremy

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

May 21 6 Comments

YouTube Sensation Publishes Her First Cookbook

Maangchi's career was born when her son suggested she start making videos of herself cooking Korean dishes.

May 21 17 Comments

UC’s Napolitano Speaks Out On High Cost Of Public Ed, Anti-Semitism On Campus

Janet Napolitano talks about a plan to freeze in-state tuition, and campus protests against Israel's occupation of the West Bank.

May 20 Comment

‘Finding The Good’ Through Obituary Writing

Journalist Heather Lende has been writing obituaries in the small town of Haines, Alaska, for 20 years.

May 20 3 Comments

Pandas’ Bamboo Diet May Endanger Them

New research examining the genetics of panda waste shows they would be better suited to eat meat than plants.