Political Headlines December 19, 2012: President Barack Obama at Press Conference Urges GOP to ‘Take The Deal’ & Avoid Fiscal Cliff

POLITICAL HEADLINES

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OBAMA PRESIDENCY & THE 112TH CONGRESS:

THE HEADLINES….

Obama Urges GOP to ‘Take The Deal’

Source: ABC News Radio, 12-19-12

Alex Wong/Getty Images

With just 12 days until tax increases and steep spending cuts kick in, President Obama on Wednesday urged Republicans to “peel off the partisan war paint” and compromise on a deal to avoid going over the “fiscal cliff.”

Speaking at a White House news conference, Obama told House Republicans to “take the deal” and said it was puzzling that they have not accepted what he described as a “fair” offer.

“They will be able to claim that they have worked with me over the last two years to reduce the deficit more than any other deficit reduction package, that we will have stabilized it for 10 years. That is a significant achievement for them. They should be proud of it. But they keep on finding ways to say no, as opposed to finding ways to say yes,” he said….READ MORE

Political Headlines December 17, 2012: President Barack Obama, White House Make New Offer to Speaker John Boehner in Talks To Avoid Fiscal Cliff — Deal Close

POLITICAL HEADLINES

https://historymusings.files.wordpress.com/2012/06/pol_headlines.jpg?w=600

OBAMA PRESIDENCY & THE 112TH CONGRESS:

THE HEADLINES….

White House Makes New Offer in Talks To Avoid Fiscal Cliff

Source: ABC News Radio, 12-17-12

MANDEL NGAN/AFP/Getty Images

They are getting closer.

The White House presented a new offer to Speaker of the House John Boehner Monday that makes some important concessions in the talks to work out a deal to avoid the so-called fiscal cliff, a mixture of tax rate hikes and spending cuts that go into effect in January if a deficit reduction agreement is not reached. This White House package comes in response to the offer Boehner made to allow tax rates rise on those making $1 million.

The new offer from the White House includes fewer tax increases and more limits on the entitlement spending — including limits on cost of living adjustments for Social Security recipients — than the President’s previous offers.

Speaker of the House John Boehner will present this latest White House offer to House Republicans Tuesday morning. Here are some of the key concessions….READ MORE

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