After GOP House Speaker John Boehner of Ohio and a few other Republicans gave their proposal, it was rejected by US President Obama. However, Boehner's plan is being criticized by other Republicans.
Recently, the Republicans led by GOP House Speaker John Boehner of Ohio rejected United States President Obama's reject proposal. In response, Boehner and other high-ranking and other influential Republicans have offered their own proposal to the White House on Monday, December 3. Asides from Boehner, notable Republicans that signed included Wisconsin Rep. Paul Ryan who's the chairman of the Budget Committee, Eric Cantor who is the current GOP Majority Leader, and Kevin McCarthy who is the Majority Whip.
Under this plan, the GOP would promise $2.2 trillion deficit savings over the next ten years. There will be $800 billion in tax reform, $600 billion in Medicare reform, $600 billion in spending cuts, and another $200 billion saved by revising the consumer price index. However, this plan was criticized by the Obama administration. However, the GOP doesn't want any taxes raised on the 2%. So far, the GOP looks to be sticking to its guns on that one.
John Boehner on the cover of TIME Magazine.
But, no specifics were listed. There is still the outline of the proposal.
However, Obama and the other Democrats are sticking to their guns as well. While Obama said that he is “happy to give flexibility” on the fiscal cliff solution. When on Bloomberg Television earlier today, Obama said that the GOP must accept higher tax rates for top earners as a condition for negotiations.
This is where the GOP in-fighting stems from. One has to look at “higher tax rates” and the growing number of Republicans are saying that they'd violate Grover Norquist's anti-tax pledge. Obama said if the tax rates for the upper 2% of the top earners don't go up, a deal isn't going to be possible. He said that it was simple mathematics. Obama called Boehner's proposal “out of balance.”
In short, Obama rejected Boehner's proposal in return. Both criticized each other's proposal. In a Politico report, White House Press Secretary Jay Carney compared Boehner's proposal to something out of a fairy tale; most likely “Jack and the Beanstalk” with the magic beans comment.
Boehner immediately fired back at Obama's rejection. In this respect, Boehner seemingly accuses Obama of being a hypocrite by saying that while Obama's talking about wanting to averting the fiscal cliff, he's hasn't stepped up to the plate. Boehner called upon Obama to offer a new proposal to the table.
However, this proposal from Boehner has only brought more in-fighting. Boehner's plan is drawing criticism from conservatives. GOP Senator Jim DeMint of South Carolina criticized Boehner's plan as something that will destroy US jobs. In regards to the Tea Party Republicans, according to a recent National Business Review article, the GOP leadership is trying to get them into line. It was reported that GOP Representatives Tim Huelskamp of Kansas and Justin Amash of Michigan, two Tea Party Movement backed members, were booted from the House Budget Committee.
The two of them are known as voting against Boehner many times. Having been re-elected, they both will serve second terms in office. Huelskamp called the move “vindictive” and that the GOP was being sore about having disagreements.
Coincidentally in an MSNBC article, Michael Steele said that the House could reach a deal if they didn't have to worry about the Tea Party and Norquist as factors. Steele is a former chairman of the Republican National Committee.
Asides from Senator DeMint, GOP Rep. Jim Jordan of Ohio said that Boehner's deal was a tax increase. In this respect, Jordan implied he wouldn't vote for it. Jordan heads the GOP Study Committee.
As recent Politico article points out, responses to Boehner's proposal could lead to more in-fighting within the Republican Party. Now it's other Republicans vs. Boehner and dissenting Republicans vs. Norquist. Also, you still have to factor in the Tea Party Republicans vs. the mainstream Republicans.
GOP Senator Olympia Snowe of Maine, along with other GOP members, said that Congress should pass tax cut extensions for the middle class. She said to do that first and save the fighting over taxes later.
Norquist, while still standing firm, is taking heat from all directions. While there are Republicans firing back at Norquist's threats, other people are attacking him as well. On the recent Sunday episode of NBC's “Meet the Press,” Norquist and Jim Cramer of CNBC's “Mad Money” got into an argument with each other.
Democratic Representative Karen Bass of California, when on “Jansing & Co,” said if Norquist wants to run the government, then he needs to run for public office.
The fiscal cliff issue will play a dynamic in the 2014 Elections. There are Senate and House seats up for grabs. However, there are governors elections taking place that year as well. The National Governors Association weighed in on the fiscal cliff. Six governors recently have met with Obama. They urged Obama to reach a larger deal with Congress.
A recent Washington Post-Pew Research Center poll showed that fifty-three percent of Americans would give blame to the GOP if the country reaches the “fiscal cliff.” Twenty-seven percent of Americans would blame Obama. A small ten percent would blame both sides.
In regards to Boehner's proposal, Princeton University economist and New York Times columnist Paul Krugman called it a “vapor plan.” According to Krugman, trying to reduce the deficit too fast would lead to an “austerity bomb.” He criticized Boehner's plan calling it a smoke screen and praised Obama's plan as it being an actual plan.