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Obama: 'Nobody can get 100 percent of what they want'

By Greta McClain     Dec 21, 2012 in Politics
Washington - Less than 24 hours after Speaker John Boehner was forced to pull his fiscal cliff bill from the House floor after he could not get enough Republican votes, House Republicans have yet to offer a new proposal to the White House.
On Sunday, Digital Journal reported that Speaker Boehner had agreed to a tax hike on anyone making $1 million or more. He also called for the President to agree to a long-term increase in the eligibility age for Medicare and a lower costs-of-living adjustment for Social Security recipients. He called the proposal "Plan B".
On Tuesday, the White House agreed to back away from their insistence that a tax hike be implemented on all household making $250,000 a year. Instead, the President called for a tax increase on those making more than $400,000. The White House also agreed to lower the Social Security cost of living adjustment as Boehner requested. Shortly after the White House announced they had had made those concessions, a spokesman for Boehner said the proposal was not balanced and that the Speaker would not consider it.
Since Tuesday, neither Boehner nor anyone else from the House Republican leadership has made a counter proposal. Instead, Boehner attempted to push his "Plan B" proposal through the House on Thursday. Failing to garner enough support from his own party, he pulled the measure from the House floor. In a statement Thursday, Boehner said:
“The House did not take up the tax measure today because it did not have sufficient support from our members to pass. Now it is up to the president to work with Senator Reid on legislation to avert the fiscal cliff.”
A short time ago, President Obama addressed the fiscal cliff issue during a live statement. He stated he has been, and continues to be ready to get a comprehensive package done, and believes that reducing the deficit is the right thing to do for the economy. He also pointed out that regardless of party, everyone in Washington believes that there should not be a tax increase on the middle class, saying:
"In 10 days, under current law, tax rates are scheduled to rise on most Americans. And even though Democrats and Republicans are arguing about whether those rates should go up for the wealthiest individuals, all of us, every single one of us, agrees that tax rates shouldn't go up for the other 98 percent of Americans, which includes 97 percent of small businesses.
Every member of Congress believes that, every Democrat, every Republican. So there is absolutely no reason -- none -- not to protect these Americans from a tax hike. At the very least, let’s agree right now on what we already agree on. Let’s get that done."
The President continued by saying he had spoken with Speaker Boehner and Senate Majority Leader Harry Reid and asked them to work towards a package that will prevent a tax increase on middle-class Americans, a goal he believes can be achieved in the next 10 days. He continued by saying:
"Once this legislation is agreed to, I expect Democrats and Republicans to get back to Washington and have it pass both chambers, and I will immediately sign that legislation into law before January 1st of next year."
The President went on to say that getting a deal done to protect the middle class was not the job of Republicans or of Democrats, it was the job of both parties in Congress, and that Congress had a responsibility to those that voted for them to get a deal done. He also reminded both parties that protecting the "98 percent of Americans", meant compromise on the part of both Democrats and Republicans, saying:
"I hope that every member of Congress is thinking about that. Nobody can get 100 percent of what they want. And this is not simply a contest between parties in terms of who looks good and who doesn’t."
The President ended his statement by admitting that he may be a "hopeless optimist", but that he was confident that both sides of the aisle will be willing to compromise to get a deal done within the next 10 days.
More about fiscal cliff, President obama, house speaker john boehner, Republicans, Democrats
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