Obama to Boehner: ‘You get nothing–I get that for free’
Madeleine Morgenstern
The Blaze
12/23/2012
A Wall Street Journal report detailing the broken-down status of talks between President Barack Obama and House Speaker John Boehner on the year-end “fiscal cliff” reveals that Obama threatened to use both his inaugural and State of the Union speeches to blame Republicans if there’s no deal.
Negotiations reportedly came to a standstill after Boehner proposed increasing the tax rate on top earners:
Mr. Obama repeatedly lost patience with the speaker as negotiations faltered. In an Oval Office meeting last week, he told Mr. Boehner that if the sides didn’t reach agreement, he would use his inaugural address and his State of the Union speech to tell the country the Republicans were at fault.
At one point, according to notes taken by a participant, Mr. Boehner told the president, “I put $800 billion [in tax revenue] on the table. What do I get for that?”
“You get nothing,” the president said. “I get that for free.”…
The article continues at The Blaze.
Also at the site, Don’t Get Too Comfortable: Prepare for Higher Taxes in 2013
…No matter what Congress does to address the year-end fiscal cliff, it’s already too late for employers to accurately withhold income taxes from January paychecks, unless all the current tax rates remain unchanged, which is an unlikely scenario.
Social Security payroll taxes are set to increase on Jan. 1, so workers should immediately feel the squeeze of a 2 percent cut in their take-home pay. But as talks drag on over how to address other year-end tax increases, the Internal Revenue Service has delayed releasing income tax withholding tables for 2013…
Update: From Britain: President Obama allegedly threatened Speaker John Boehner with a public shaming if he held up a compromise on the fiscal cliff negotiations.
Yes, very Presidential. He’s done it to our Supreme Court Justices. Why should Speaker Boehner, or anyone else be exempt from public shaming?
Update 2: via Capitalism on Facebook (where you can see the image at full size):
