Hatfield, Pennsylvania (ap) - President barack Obama said Friday that, allowing tax rising middle class will reach "coal" Christmas gifts, and the speaker of the house republican John boehner announced negotiations, overcome imminent financial cliff will "is almost won't work."
Obama took his case, in the Philadelphia suburbs an audience, he says, the move will put forward a "miser Christmas" millions of "migrant job-hunting boy". The President said at a toy factory, the republicans should be for families with an income of less than $250000 or expand existing the bush era of tax reduction, and at the same time allow increase play rich.
On Capitol hill, borna think, Mr Obama's latest offer - improve the income of $1.6 trillion next decade - will be a "heavy blow" economy is still trying to find their own foothold. Ohio republican to tell a reporter, he will continue with Obama's work, in order to avoid several hundred billion dollars to increase taxes and spending cuts, which will in effect start, if Washington not to take action to stop it, but gave a assessment results depressing talks so far.
, "boehner said:" there is a deadlock. Let us not delude ourselves. "Now, we almost no way out."
Obama's speech to the day before, his government put forward the new tax about 1.6 million more than 10 years, $600 billion savings change mandatory spending plan, including medical insurance, and $200 billion in consumer range from public works projects, to help for unemployed people and struggle owner, according to government officials.
Republicans rejected the proposal is not reasonable. Republicans say they are open new tax revenue, but not rate is higher.
Obama said he believes that both sides ", and will work together to "the agreement, in order to achieve long-term deficit control" way, is balance and fair."
Obama in RODON group production facilities, to show the company's business depends on middle-class consumers in an example of during the festival. This company produces the K 'NEX brand, building toy company, its products include Tinkertoy, K' NEX construction set and angry bird, part of the construction set. Road trip is a double the White House and congress President team meeting, Obama throughout the country, to force congress to act the part of the strategy.
Obama President joked that he let his "naughty and beautiful list" congress - only a few will get a K 'NEX set Christmas gift.
Government officials say the White House price, mountain republican Treasury secretary Tim cover Turner (Tim Geithner), constitute the Obama previous budget proposals, and during the campaign.
According to the government's plan, the new tax revenues will include $95 billion, produced by the tax increases to family earning more than $250000, and through close some tax loophole. The rest will be through the restructuring of the tax system to realize next year, will not take effect until 2014.
Advice, and the government also describe business and LaoGongJie leader, will ask congress and the White House to determine cuts and tax loophole close "down" by the end of this year will buy congress and the President's time negotiations between now and the end of August 1, plan due to the tax reform and change.
In the cover Turner's plan is a new function, increase national debt limit in the conversation, and don't need to get the approval of the congress of the United States. According to last year's debt ceiling agreement, Obama was to notify the congress, he improve the debt ceiling, which may be blocked, if congress passed a resolution against, Obama the President can veto. Similar legislation arrangement, and no offset required republican cut costs, the government hopes that permanent extend the debt limit.
A government officials say Obama must have position is due the bush era's tax cuts to high earners, and included in the deal of the debt limit. Do not wish to be named, officials, because he was not authorized public state of negotiations.
Through counting $1 trillion spending cuts agreed to last year, claim to save $800 billion this year and in the next ten years, because of the extraction of troops in Iraq and Afghanistan, and estimated $600 billion in low interest payment bonds, the total deficit reduce management place of more than 10 years of nearly $4.4 trillion.




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