Obama Giving in to Boehner's Tax Plan? Democrats Refuse
December 19, 2012
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6:14Now PlayingObama Giving in to Boehner's Tax Plan? Democrats Refuse
YouTube Description
as posted by the channel"Just two weeks from an economy-threatening deadline, fiscal cliff talks hit a lull Tuesday as House Speaker John Boehner announced that Republicans would also march ahead with their own tax plan on a separate track from the one he's been pursuing with President Barack Obama.
The White House and leading congressional Democrats immediately rejected Boehner's "Plan B," which would extend soon-to-expire Bush-era tax cuts for everyone making less than $1 million but would not address huge across-the-board spending cuts that are set to strike the Pentagon and domestic programs next year."*
As Boehner moves forward with his "Plan B" on fiscal cliff negotiations, it looks more and more like Obama will give in to him, with taxes on people making $250,000 yearly, social security, and more on the table. Democrats say this is a dealbreaker; will Obama give in? Ben Mankiewicz (Host, Turner Classic Movies), Jimmy Dore (The Jimmy Dore Show on TYT Comedy) and Michael Shure (Political Correspondent, TYT on Current) discuss where the fiscal cliff negotiations are now and what they mean.
*Read more from AP via Washington Post:
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