Obama not making new "fiscal cliff" offer to Congress: source

WASHINGTON Fri Dec 28, 2012 4:06pm EST

U.S. President Barack Obama delivers remarks at the White House in Washington November 28, 2012. REUTERS/Kevin Lamarque

U.S. President Barack Obama delivers remarks at the White House in Washington November 28, 2012.

Credit: Reuters/Kevin Lamarque

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WASHINGTON (Reuters) - President Barack Obama was not planning to make a new offer to avert the tax increases and spending cuts that loom on January 1 at a White House meeting with congressional leaders on Friday, a source familiar with the meeting said.

At the meeting, Obama was set to ask lawmakers to hold a vote on a "fiscal cliff" plan that would allow taxes to rise on those who earn $250,000 and up, and that would extend unemployment insurance benefits, according to the source.

Obama believes his plan would pass with a majority in both the House of Representatives and the Senate, the source said.

The president was meeting with Senate Majority Leader Harry Reid, Senate Minority Leader Mitch McConnell, House Speaker John Boehner and House Minority Leader Nancy Pelosi - the first time the group has met together since November.

If congressional leaders object to his plan, Obama will ask them for a viable counterproposal, the source added. If lawmakers have no alternative approach, he will seek an up-or-down vote in Congress on his plan, the source said.

(Reporting by Mark Felsenthal and Roberta Rampton; editing by Todd Eastham)

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Comments (21)
americanguy wrote:
So President Obama is saying “**** you” to the Republicans?
Great, that is the MAJORITY of Americans voted for him for another 4 years.
America has had enough of Republicans and their treason games.
Stand Fast, Mr. President.

Dec 28, 2012 4:18pm EST  --  Report as abuse
moonhill wrote:
And a majority of people elected the Republicans to the House. Stand fast, Republicans. Stalemate.

Dec 28, 2012 4:29pm EST  --  Report as abuse
AlkalineState wrote:
GOP demands to see Hawaiian birth certificate again before making any deal. Will have Donald Trump inspect it for authenticity.

HaHaHa, this is good stuff. GOP is dead.

Dec 28, 2012 4:31pm EST  --  Report as abuse
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