Fiscal cliff "negotiation gap, President Obama's support was definitely position.
A new proposal to the house of representatives speaker John boehner, Obama weeks a long-term holdings of persistence, tax rise, more than $200000 to the personal and family more than $250000. He is to provide a new threshold of $400000 and $160000, he think that in a few weeks ago reduced his ten years of revenue goals.
Obama also long-term loan waiver of the right of their needs. On the contrary, he is looking for new debt ceiling, will last two years, will be in the middle of 2014 election political renewal more than.
In the mobile must establish some congressional Democrats between heartburn, Obama proposed lower the rising cost of living of social security beneficiaries, inflation index, will have the profound influence, including more people pushed to a higher income bracket.
These changes, and Obama decided not to seek extended temporary payroll tax cut will be forced to pay higher taxes on the middle class, the vast population, Obama has repeatedly said that he hopes to increase taxes, to protect from.
Concession signal was all gave practical, both sides lock in a substantial agreement, rather than just a financial settlement days seem to still want to in the negotiations, a new stage. Therefore, Obama also admitted that a DaChouBin will need to give up some of his advice.
"I know, I don't want the republican simply adopt my budget," he said, in his press conference after the election last month. "This is not too realistic, so, I admit that, we will have to compromise.
The talks ended, faced with a looming deadlines, and strive to avoid a full-scale plate almost all of the working class and tax and spending cuts in the pentagon and at home, play in the beginning of the New Year. Both inside and outside the government economists warn that the combination of both - "fiscal cliff" - the vendors weak recovery and new economic recession threat.
Obama's pace borna is the speaker of the house on Friday called Obama encounter after Waterloo - are concentrated in a large-scale terrorist murder in the United States Connecticut town, and the country - and agree to accept tax payers rate increase to earn more than 1 million dollars. Borna plan will raise about $1 trillion in revenue more than ten years.
This is a broken barrier moments, fundamentally debate whether the tax rate should be entangled in them to change the negotiations.
There are a lot of disputes, in order to eliminate. Obama's Suggestions and familiar people are very carefully, describes it as his final quotation.
Obama's plan, saying, it is seeking an income of $1.2 trillion more than ten years, $1.2 trillion ten-year cut costs. Borna aides said, income of nearly $1.3 trillion, if trigger new inflation index counting income, they say, cut costs close to $93 billion, if deduct about $29 billion in lower estimates of debt interest.
"Any movement, away from the unrealistic preferential President used to be in the right direction another step forward," boehner spokesman brendan buck said. "But, only $93 billion spending cuts advice, including an income of $1.3 trillion, cannot be considered to be balance."
Either way, although borna opened the door rate increased, Obama has set up a file in the course in the direction of movement, this is without a doubt.
Of course, Obama's plan, it will increase from 15% to 20% of the dividends and capital gains tax. Two rich tax payers can apply for reduction and exemption quantity will also reduce. Obama's proposal also let housing property tax return to 55% of the allowance of $1 million after the release of the heritage.
In his proposal, Obama stiff armed republican demand increase of medical insurance qualifying age from 65 to 67, the goal firmly opposed to the Democrats. He also managed to cut medical insurance and other health care plan to about $40 billion more than ten years, less than republicans think what. He will continue to seek unemployment aid and public project expenses.
Obama will, in order to reduce the future of the rising cost of living, social security also means a small government pension and veterans benefits increase every year. The annual income tax bracket adjustment will be more small, more and more people pushed to a higher tax level.
With the passage of time, the new index, because every poverty level adjustment will be more small, can reduce the person qualification program, such as medical treatment, the head start, food stamps, school lunch and home heating the number of aid.
In order to avoid the risk of some, Obama hope more low-income protected for any loss reduced the future cost of living increase, his plan of the insider said.




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