Thursday, December 20, 2012
Fiscal cliff talks at a follower standoff, President Barack Obama and House Speaker John Boehner exchange pointed political charges on Wednesday yet cautiously left room for further discussions on an elusive deal to head off year-end tax augment and expenditure cuts that intimidate the national economy.
Republicans should "peel off the war paint" and take the deal he's contribution, Obama said piercingly at the White House. He support his case by noting he had won re-election with a call for superior taxes on the rich, and then added pointedly that the nation aches for reconciliation, not a contest of philosophy, after last week's group murder at a Connecticut elementary school.
But he drew a quick retort from Boehner when the White House endangered to veto a fallback bill breeze by House Republicans that would prevent tax augment for all but million-dollar earners. The president will bear accountability for "the largest tax supplement in history" if he makes good on that intimidation, the Ohio Republican affirmed.
In fact, it's improbable the legislation will get that far, as separated government careens into the final few days of a resist that affects the pocketbooks of millions and merge lasting strategy differences with deep following distrust.
With Christmas imminent, Republicans also said they were confident the tax determines could quickly form the basis for a concluding bipartisan "fiscal cliff" cooperation once it arrives in the committee.