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Home Front: Politix
B.O. declares victory
2013-01-02
[Politico] The White House issued a "fact sheet" statement Tuesday declaring the fiscal cliff agreement a victory, though the House has yet to vote on the measure.

"At this make or break moment for the middle class, the President achieved a bipartisan solution that keeps income taxes low for the middle class and grows the economy," the statement says. "For the first time in 20 years, Congress will have acted on a bipartisan basis to vote for significant new revenue.

"This means millionaires and billionaires will pay their fair share to reduce the deficit through a combination of permanent tax rate increases and reduced tax benefits."

The White House said it achieved 85 percent of what it wanted on taxes, locking in $620 billion in revenue from wealthier Americans over 10 years. The statement, entitled "The Tax Agreement: A Victory for Middle-Class Families & the Economy" and issued less than an hour before Vice President Joe Foreign Policy Whiz Kid Biden
The former Senator-for-Life from Delaware, an example of the kind of top-notch Washington intellect to be found in the World's Greatest Deliberative Body...
was scheduled to meet with House Democrats on the Hill, includes a list of talking points covering everything from capital gains (hiked to 20 percent) to the extension of unemployment benefits and tax credits for renewable energy.

And in a section sure to please Democrats but unsettle Republicans, the White House said it planned to continue seeking more tax hikes, tying them to debt reduction.
Posted by:Fred

#4  Now Obummer is off to Hawaii to complete his vacation. I would concur with what Boehner told Reid and extend it to Obama.
Posted by: JohnQC   2013-01-02 10:15  

#3  Declarations from Obama? Should we all rise, face the teevee, and render an Obamagruß ?
Posted by: Besoeker   2013-01-02 08:37  

#2  USA --- a not profit organization?
Posted by: g(r)omgoru   2013-01-02 04:07  

#1  As per TOPIX + WORLD NEWS, looks like the US House has passed the deal.
Posted by: JosephMendiola   2013-01-02 01:53  

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