Republicans are put forward "fiscal cliff" plan, from last year and Obama the President's budget negotiations fail Renaissance ideas, improve medical insurance for the qualification of age, reduce cost, raise life of the social security benefits and bring higher tax revenue in the $80 billion.
The White House plan counter last week depends more on sensitive political cut costs and improve the half of the $1.6 trillion in revenues by barack Obama proposed in the next ten years.
Ten years, $2.2 trillion proposed by the house of representatives speaker John boehner, the Ohio, similar to a frame what borna support last year similar, but Obama urgent additional tax increase, appear to be not willing to cut spending in these talks to discuss and self.
Came down Obama government officials say it will take for the rich and tax money from -, GOP advice, not simply from the curb - to win the support of the Obama plan, in order to avoid "fiscal cliff."
Although the management and last week angered the republican $16 trillion plan, mainly is the release for budget cut medicare and social security, Monday's suggestion caused a predictable round of partisanship, broke the ice.
, "senate majority leader Harry Reid (Harry Reid), D - peak said in a statement," in the deficit reduction at the same time, in order to protect the middle class simple mathematical decision rate rising highest 2% tax payers next year. "The early republican seize the reality, the more we early, can avoid fiscal cliff."
Fiscal cliff due the bush era of tax cuts, and automatic, comprehensive plate of budget cut to 1 month effective combination. The cliff is congress and the Obama previously failed budget of the results of the settlement agreement.
The republican proposal itself recovery ideas in the summer of 2011, and Obama held talks failed host. Then, Obama is willing to discuss the idea of political risk, such as improving age, medical insurance, social security cost living adjustment implement new inflation adjustment, and require rich medical insurer pay more for their own interests.
Borna called a "credible plan", and said he hoped the government would timely and responsible way "response". After the offer, the government urged republican cut popular benefits such as health insurance, social security and medicaid detailed advice.
However, Obama and his democratic Allies are reluctant to see these benefits plan cuts after his re-election last month, believe that Obama has greater influence than his last year in secret and borna budget negotiations.
Monday's republican plan contains some details, and expected, and many of the details will in next year's legislation must fill in the maintenance of the tax code and restraining the growth of welfare programs.
Although the GOP planning should be made to the same ten years raising $80 billion higher taxes, it will keep the bush era's tax cuts - including those wealthy class, Obama's goal - in the present.
GOP aides say they plan is based on a special deficit "supercommittee" in his testimony last year put forward by the chairman of the joint deficit erskine bowles, commission Obama appointed early in his presidency,.
"Bowers plan will not be realized through the new high income tax rate, we will continue to oppose and don't agree with, in order to protect small businesses and our economy," boehner and republicans to Obama's letter said. "On the contrary, will produce new income tax system reform to growth, close the loophole of special interests, to reduce the tax rate and deductions."
Through the GOP mathematics, the program will produce more than $200 trillion budget surplus in the next ten years: $800 billion at a higher tax; $600 billion in savings expensive health care plan such as medical insurance; $300 billion from other Suggestions, such as forced federal workers, so as to contribute to their pension; The dollar and the $30 billion of additional savings from the pentagon's budget and domestic each year by the United States congress aid plan.
Borna and Obama discussion marks in 2011, he is willing to accept the $800 billion at a higher tax, but his aides maintain, most of the money will come from the so-called dynamic score - a conservative measures, economic growth will has accounted for most of the income. Now, borna is willing to accept the congressional budget office, its type refused to dynamic rating and official scorer estimates.
The use and management of math, republican assistant said the plan on behalf of 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 on Capitol hill delivery opening advice: $1.6 trillion high revenue more than ten years, a can be extended temporary social security payroll tax cuts and aggravate the powers of the President, in order to improve the national debt of the upper limit has not been approved by the congress.
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.
Republican plan is certain to give a Democrats objected, who don't want any action, now of the social security, the lawyer said, should not belong to any financial cliff trading. But Democrats are also improve the medical insurance age deep skepticism.
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 expand all or most of the bush era is coming to an end
Other News:
Duke Energy CEO to leave in NC merger settlement
Deal reached to end costly strike at LA ports
GOP plan would raise Medicare age, lower Social Security COLAs
San Diego approval agreement options
Suspect in fatal NYC subway push implicates self
Singapore collect rare strike organizers
Australia lowers key interest rate to 3 percent
Asia stocks down on US manufacturing report