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Posts tagged ““fiscal cliff”

Boehner warns Obama: If you veto our Plan B bill, the automatic tax hikes on January 1 are all on you

[HotAir.com]

posted at 5:13 pm on December 19, 2012 by Allahpundit

boehner-smallThis is a leverage ploy, right? The House passes Plan B, Reid kills it in the Senate, and then Boehner gets to say, “We did what Democrats wanted by taxing millionaires and they still prefer to go over the cliff.” But … what if it doesn’t even pass the House? Then Democrats get to turn around and say that the GOP caucus won’t even agree to tax the rich when it’s their own Speaker asking them to do so. As of last night, per National Journal, GOP vote counters weren’t sure that Boehner had the votes. Grover Norquist did him a favor this morning by declaring that Plan B doesn’t violate Republicans’ no-tax pledge, and this’ll help too:

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GOP Infighting, Tea Party ‘Purges’ Break Out over Fiscal Cliff

Jim DeMint

[Newsmax.com]

Tuesday, 04 Dec 2012 12:10 PM

Republicans in the U.S. Congress attacked each other on Tuesday over their leadership’s “fiscal cliff” offer to Democratic President Barack Obama as a group of governors visited the White House to voice concern about the impact on the states of the year-end tax-and-spending deadline.In only a matter of hours on Tuesday, conservatives from all around Washington blasted Boehner’s plan:

  • Sen. Jim DeMint, a South Carolinian with a following among small-government conservatives, lashed out at House Speaker John Boehner, saying his $2.2 trillion deficit plan would cost jobs and mushroom the debt.
  • Two first-term Republican Tea Party stalwarts – Tim Huelskamp of Kansas and Justin Amash of Michigan – were removed by party leadership from the powerful budget committee in what Huelskamp called “a vindictive move.”
  • A top House conservative, Jim Jordan of Ohio, was scheduled to unveil his own fiscal cliff plan on Tuesday but has backed off in the wake of Boehner’s offer to President Obama.

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Exclusive — Ryan to Obama: Get ‘Revenue Through Growth,’ Not Taxes

[Breitbart.com]

November 14, 2012

by Joel B. Pollak

House Budget Committee chair Rep. Paul Ryan (R-WI) has rejected President Barack Obama’s demand to raise taxes as part of Obama’s proposal to achieve $1.6 trillion in additional tax revenues to avoid the “fiscal cliff.” 

Instead, Ryan backed Speaker John Boehner’s position, which is that any new tax revenues must be achieved without passing higher tax rates.

In an exclusive statement to Breitbart News, Ryan specified that new revenues should come through economic growth and tax reform, not tax hikes:

Speaker Boehner has outlined a bipartisan way forward to avoid the “fiscal cliff” and get our economy growing: common-sense entitlement reform coupled with pro-growth tax reform. We can find common ground on responsible spending restraint and greater revenue through economic growth, but we have yet to see either a serious plan or leadership from President Obama. Speaker Boehner and House Republicans have delivered both.

Earlier today, President Obama signaled an openness to tax reform, but said that “closing loopholes in deductions” would not cover the cost of extending the current tax rates for the top two percent of earners.

Obama reiterated that he interpreted last week’s election results as a mandate to raise taxes as a means to balance the federal budget. Ryan told ABC News yesterday that the electorate had not voted for higher taxes, since Republicans had retained control of the House of Representatives after opposing tax hikes.

Ryan’s support for Boehner signals growing unity among House Republicans behind the Speaker’s refusal to consider new taxes. Senate Minority Leader Mitch McConnell also made a firm commitment to prevent tax hikes in an exclusive interview with Breitbart News last week. Bipartisan talks on the “fiscal cliff’ begin Friday.


Norquist: A Vote for Obama is a Vote for $500 B Tax Increase

[Newsmax.com]

By Patrick Hobin and Kathleen Walter

Monday, 23 Jul 2012 07:37 PM

Americans for Tax Reform head Grover Norquist fired back against criticism that his anti-tax pledge is getting in the way of a tax compromise by Congress, arguing in an exclusive interview with Newsmax.TV that his pledge makes possible real tax reform and that contained in any compromise is a hidden tax increase.

Norquist’s group organizes the Taxpayer Protection Pledge, which asks all candidates for federal and state office to commit themselves in writing to oppose all tax increases. The pledge, which Norquist says he dreamed up when he was 12 years old, was endorsed by Ronald Reagan upon its inception in 1986, and has been signed by more than 1,100 state office holders as well as 238 current House members and 41 current Senators.

Norquist has come under fire from the first President George Bush and others about the rigidity of the pledge and Senate Democrats believe they have come up with a plan to get around the anti-tax pledge by letting all tax cuts lapse Jan. 1 and then reinstating most of them days later, an idea which Norquist has said “doesn’t pass the laugh test.”

The plan shows efforts by lawmakers to include new federal revenues in an attempt to avoid the “fiscal cliff” in January. All Bush-era tax cuts expire at that time and automatic spending cuts to the military kick in.

Norquist told Newsmax.TV  in an exclusive interview that the pledge “stops a tax increase, so if somebody tells you the pledge is getting in the way of getting something done what they mean is it’s getting in the way of a tax increase.”

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