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Showing posts with label Obamas. Show all posts
Showing posts with label Obamas. Show all posts

Wednesday, December 19, 2012

Boehner Invokes ‘Plan B,’ Dismissing Obama’s Offer

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The plan would leave in place across-the-board spending cuts to military and domestic programs that Republicans have been warning could have dire consequences, especially to national defense.

Speaker John A. Boehner unveiled what he dubbed “Plan B” less than 24 hours after President Obama offered a more comprehensive deal that would raise tax rates on incomes over $400,000 and, over 10 years, produce $1.2 trillion in tax increases and cut $930 billion in spending.

Mr. Boehner pledged to continue negotiating on a broad deficit-reduction deal but called the president’s plan unbalanced and insufficient.

“What we’ve offered meets the definition of a balanced approach, but the president is not there yet,” Mr. Boehner said Tuesday.

The Boehner proposal was intended to raise the pressure on Democrats to compromise further still by embracing a tax increase on millionaires first pushed by Senator Charles E. Schumer, Democrat of New York, and Representative Nancy Pelosi of California, the House Democratic leader.

Confronted with her past support for raising income taxes only on millionaires, Ms. Pelosi said that effort had merely been “a plan to smoke out” Republicans.

But a protracted meeting of the House Republican Conference on Tuesday night made it clear that passage of Mr. Boehner’s proposal would be difficult. Representative Howard P. McKeon of California, the chairman of the House Armed Services Committee, said he was not sure he could support a bill that would allow $500 billion in military cuts over the next 10 years and indicated that other Republicans on his committee shared his concern.

Representative John Fleming, a conservative Republican from Louisiana, dismissed the speaker’s plan as a pointless “messaging exercise.”

“Why go on record raising taxes on anybody if it won’t cut spending and won’t even become law?” he asked. “I haven’t found a way of supporting that.”

Ms. Pelosi was leaning hard on House Democrats to stay united in their opposition. If she succeeds, the speaker could afford about only 18 Republican defections, fewer than he has had on any major fiscal vote since Republicans took control two years ago.

Defense Secretary Leon E. Panetta was unsparing on Tuesday in his criticism of lawmakers resisting a deal to stop the military cuts.

“It is unacceptable to me that men and women who put their lives on the line in distant lands have to worry about whether those here in Washington can effectively support them,” Mr. Panetta said in a speech at the National Press Club. “We’re down to the wire now. In these next few days, Congress needs to make the right decisions to avoid the fiscal disaster that awaits us.”

Senator Rob Portman of Ohio, an influential Republican, said the Pentagon cuts would damage not only military readiness but also the fragile economy.

House Republican leaders on Tuesday night sought to assess whether the speaker’s proposal could be brought to the House floor on Thursday. Under that plan, the House would take up take up tax legislation and consider two amendments. The first would mirror a Senate-passed bill to extend the expiring Bush-era tax cuts for incomes below $250,000. That would be expected to fail, as a show to the president that his initial offer cannot pass.

A second amendment would raise that threshold to incomes below $1 million. The House may also vote on some middle ground, like the president’s $400,000.

Mr. Boehner told House Republicans that he would also like the bill to include provisions to prevent the existing alternative minimum tax from expanding to impact more of the middle class and to extend existing low tax rates on inherited estates.

But he said the bill would not cancel across-the-board spending cuts — known as sequestration — that are scheduled to total $110 billion in 2013 and more than $1 trillion over 10 years.

Republicans would resume the fight for broad spending cuts, especially to entitlement programs like Medicare, in late January or February, when the government will face raising its borrowing limit and when, many Republicans believe, they will have much more leverage than they do now.

The White House came out strongly against the speaker’s plan. The White House press secretary, Jay Carney, said that it could not pass the Senate and “therefore will not protect middle-class families” from large tax increases schedule to begin on Jan. 1.

Jennifer Steinhauer and Thom Shanker contributed reporting.


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Wednesday, July 4, 2012

Obama's star-studded New York fundraiser

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NEW YORK - Facing a tightening presidential race and onslaught of cash from pro-Republican outside groups, President Obama tonight got a boost from some of his loyal allies in the film and fashion industries with an exclusive multimillion dollar campaign fundraiser at the home of actress Sarah Jessica Parker and her husband, actor Matthew Broderick.

A party of 50 donors, each paying $40,000 to attend, gathered around a long table just inside the entryway of Parker's four-story brownstone in the West Village to dine with the president and First Lady Michelle Obama. Spotted at the table were actress Meryl Streep, producer Andy Cohen, designer Michael Kors, "Vogue" editor-in-chief Anna Wintour, and actress Olivia Wilde. (Broderick was not in attendance; the president noted he "had a show to run off to.")

President Obama, standing in close quarters with his guests and members of the press pool brought in to hear the remarks, spoke candidly about the challenges of the general election race underway.

"We're going to have to fight for it because the American people are tired, they've gone through a very tough economy. They're still having a tough time. And that's why this election is going to be close," Obama said.

"The other side is going to spend $500 million with a very simple message, which is 'You're frustrated, you're disappointed, and it's the fault of the guy in the White House.' And that's an elegant message. It happens to be wrong. But it's crisp. You can fit it on a bumper sticker.

"So we're going to have to work hard in this election. We're going to have to work harder than we did in 2008," he said.

Obama underscored a point he made earlier in the day during a campaign speech in Cleveland, casting the November vote as a stark choice between his economic visions and those of GOP rival Mitt Romney. And he charged his supporters with helping to make the case to the American people.

"What we're going to have to do is present that choice," he said. "You're the tie-breaker, you're the ultimate arbiter."

Parker - dressed in a navy lace cocktail dress with three-quarter length sleeves, a jewel-studded necklace and an enormous diamond ring - appeared emotionally engaged with the president's message, indicating in her introduction of the Obamas that she is eager to help him win a second term.

"It is a great, a rare, a very special and I'm assuming a singular treat to welcome you into our home - our radiant, our extraordinary first lady," Parker said motioning to Michelle Obama, who was seated beside her at the head of the table.

"You've done amazing important things these past four years…. I very much look forward to the things you're going to accomplish in the next four years," she said of the first lady. Parker then turned to the president, standing a few feet away, saying the crowd was gathered "hopefully and with enormous enthusiasm" for the "beloved current and future president of the United States."

Taking the microphone in the intimate space, Obama thanked "Sarah Jessica" and "her whole crew" as "great friends" and a "great leader and champion on behalf of the arts." He also hailed Wintour, calling her "Anna," as a "great friend" who is "working really hard here … and in Chicago as well."

"I recognize that most of you are here to see Michelle," Obama joked. "I always explain I rank fifth in the hierarchy in the White House. There's Michelle, my mother-in-law, the two girls and Bo. So that actually makes it six. In terms of star wattage, people come to the White House and say, Where's Michelle?"

The president then publicly hailed his wife: "Some of you know that Michelle had some skepticism about a life in politics. I think that's well known. And so the grace and the strength and the poise and the warmth that she has brought to an extraordinarily difficult task as first lady and still being the best mom couldn't make me prouder. I'm very pleased she's here. This is sort of our date night."

As Obama spoke, holding a microphone in the small space, Parker's 9-year-old son - sporting a short sleeve dress shirt and tie - looked on from a few feet away. When the president mentioned that U.S. automaker GM is "back on top," the child started clapping, impromptu. "That's worth applauding," Obama said with a grin as the room laughed and joined in. "Right on cue," Obama said.

The Parker event was expected to net more than $2 million in ticket sales alone for the Obama Victory Fund, a joint fundraising account for the Obama Campaign and Democratic National Committee. An online grassroots fundraising contest in conjunction with the dinner also netted several million dollars, officials said.

Robin Hunt of Baltimore, Md., was named the lucky winner of the contest, according to the campaign. She and her mother, Elvita, of Winston-Salem, N.C., received an all-expenses-paid trip to attend the dinner and meet the president and first lady.

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