Re: [Fwd: News Alert: Deficit Talks Scaled Back Over Tax Increases]

Imagine this, Jan 2011 Obama says to GOP leadership, I am willing to
cut $4T from the deficit in 10-12 years. Of that amount, $3.2T will
come from cuts in spending, $800B needs to come from tax reforms
(reevaluating deductions, foolish tax breaks that have become
entitlements). I think the GOP would be holding a victory parade down
Pennsylvania Ave. It's time to realize this problem needs a wide
range of solutions instead of pigeon holing it to one action plan.
Businesses not only keep a tight reign on their expenses, but they
raise prices when needed (as a last resort). So why is the US
government not allowed?

On Jul 9, 8:47 pm, dick thompson <rhomp2...@earthlink.net> wrote:
> Do not agree with Boehner on this at all.
>
>
>
> [ Attached Message ]From:NYTimes.com News Alert <nytdir...@nytimes.com>To:rhomp2...@earthlink.netDate:Sat, 09 Jul 2011 20:35:20 -0400Local:Sat, Jul 9 2011 8:35 pmSubject:News Alert: Deficit Talks Scaled Back Over Tax IncreasesBreaking News Alert
> The New York Times
> Saturday, July 9, 2011 -- 8:23 PM EDT
> -----
>
> Deficit Talks Scaled Back Over Tax Increases
>
> Citing differences over tax revenues, House Speaker John A. Boehner on Saturday night said he would drop his push with President Obama for a far-reaching,  $4 trillion deficit-reduction plan tied to a proposal to increase the federal debt limit.
>
> On the eve of a second round of high-level bipartisan talks set for Sunday, Mr. Boehner issued a statement saying he would now urge negotiators to instead focus on trying to craft a smaller package more in line with the $2 trillion in cuts negotiated by Vice President Joseph R. Biden Jr.
>
> Read More:http://www.nytimes.com/?emc=na
>
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