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House Republicans Present Counter Offer On Fiscal Cliff To White House

Washington - the house republican President Obama to negotiate, to avoid the so-called fiscal cliff suggest increasing age, medical insurance and social security welfare lower cost of living rise.
The house of representatives speaker John boehner, Ohio, and other republicans proposals and is in the Obama last week raised the price in the future ten years, but in the very great degree immunity medical insurance and social security budget cut $1.6 trillion tax.
The republican plan is put forward in the past ten years raising $80 billion higher taxes, but it will keep the bush era's tax cuts - including those wealthy class, Obama's goal - in the present.
Boehner said, republican proposal is a "credible plan", Mr Obama said he hopes the government will "timely and responsible way to respond." The offer is the government urged republican detail their advice, cut popular welfare programs, such as health insurance, social security and medical aid.
"After the election, I offered to speed up the income on the table, unfortunately, the White House's response to it by the house of representatives, land plan can't not through the senate, it basically is the President's budget from last February," boehner told reporters.
Borna suggested the idea of revival in the summer of 2011, and Obama held talks failed host. Then, Obama is willing to discuss political controversial ideas, such as the increase of age, medical insurance, social security cost living adjustment implement new inflation adjustment, and require rich medical insurer pay more for their own interests.
On Monday, Obama did not respond to reporter's question, his reaction to the republican bargain, or he seen suggestion. During the activity, in the oval office with the Bulgarian prime minister, someone asked him about acquisitions.
The time is passing close to the end of the one-year, in order to avoid financial cliff, this is a combination of the maturity of the bush era of tax cuts, and automatic, comprehensive board cut costs, the results of previous failure congress and the Obama budget agreement.
Many economists say, such a shock, can send the weak economy into recession again.
GOP assistant said the plan is based on the plan floating erskine bowles testimony in the special deficit "supercommittee" last year - is actually a mild version, 2010 controversial bowers Suggestions, lead to the republican and democratic leaders in congress recoil.
GOP mathematics, the program will generate 2.2 trillion dollars in the next ten years to save: $800 billion higher taxes; $600 billion in savings expensive health care plan such as medical insurance; $300 billion from other Suggestions, such as forced federal workers, in order to promote more to their pension dollar and us $30 billion of additional savings from the pentagon's budget and domestic each year by the United States congress aid plan.
According to the government authorities of mathematics, GOP aides say, this plan represents the $4.6 trillion ten-year savings. The estimates of the earlier cut at last year's confrontation, enhance the government's borrowing limit factors in the war for savings and lower interest national debt of $16.4 trillion.
Last week, the White House to Capitol hill practice suggestion: $1.6 trillion, more than ten years of higher taxes, may be extended temporary social security payroll tax cut power and the President, and enhance national debt limit.
In communication, President bush will support us $60 billion to cut costs, including $35 billion from the medical insurance and other health plan. But he also hoped that $20 billion in new unemployment relief spending, public works and to help struggling homeowners. He suggested, improve government borrowing limit, it is almost impossible, congress stop him forward.
Republicans say they have closed door meetings laughter and incredible response.
Republican plan is for sure, sparring opposition Democrats oppose any action, now of the social security, the lawyer said, should not be any financial cliff part of the deal. But Democrats are also improve the medical insurance age deep skepticism.
These two kinds of idea is borna and barack Obama talks between the part of the last summer.
In the President's letter, borna and other six house republicans insist that the general election in November to return to barack Obama's White House and republicans in the house of representatives majority control to both sides to come together in a fair intermediate zone."
"With the fiscal cliff near, our priority is still to find a reasonable solution, can pass the house of representatives and the senate and signed into law, in the next few weeks," republicans wrote.
The White House and congressional republicans agree that one of the few things is a framework, do a "down" deficit and all or most of the extension of the bush era tax cuts expire, but most of the legislation of hard work by next year.
The republican party rejected concept, improve the rate, come to the point, they will oppose them. On the contrary, the new income will come from tax reform, closing loopholes, reduced tax rates and deduction, according to the bowers planning.
Sign this letter is borna, house majority leader Eric Campbell holder, majority party whip Kevin McCarthy and representatives in the house budget committee chairman Paul Ryan, and unsuccessful republican vice presidential candidate. Representative camp David, the chairman of the ways and means committee, Fred Upton, the energy and commerce committee chairman, the chairman of the republican party and Cathy McMorris Rogers, also signed a letter.
In severe attack republican leader mitch MaiKangNaiEr said, "if the President is serious to join our team efforts to cut the deficit, and protection of the economy, he would get off on the campaign trail, the decline of the left-wing talking points, and indicating his employees in good faith on the basis of the written proposal of actual negotiations. In a word, he will begin to do leaders: lead."




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