President Obama and House Speaker John Boehner met at the White House this morning for another round of negotiations to avoid the fiscal cliff, and details of a proposed deal are emerging tonight. Among the White House’s concessions is a new threshold on the extension of the Bush tax cuts, from $250,000 to $400,000.

https://twitter.com/sggunase/status/280844236390285312

Here’s an interesting theory; is $250,000 the threshold for “small business,” while $400,000 is just plain rich?

Boehner showed signs of caving late Saturday night, suggesting a tax hike on those earning more than $1 million, but today’s numbers seem to show the president giving some ground. The Washington Post is reporting that the newest proposed deal would include smaller cost-of-living increases for Social Security beneficiaries, saving some $200 billion over 10 years. Obama is still asking for $1.2 trillion in new taxes, $200 billion more than Boehner’s current offer. The deal reportedly would push back the debt ceiling limit another year as well.

Boehner is expected to brief House Republicans tomorrow morning in an attempt to sell the deal.

  • Zane Henry

    If we give Obama a blank check for 2 years, per the plan, we’ve given up our only bargaining chip. Game over.

    Way to go, spineless House Republicans!

  • GoSellCrazySomeplaceElse

    Boehner is pathetically weak and will pathetically cave…pathetically.

    • conservativechick

      Obama keeps changing the definition of millionaires and billionaires! Plus, Obama wants TWO more years of debt ceiling increases and those old folks who have paid into the SS system along with matching funds from employers, will again, get no cost of living adjustments. Sounds like a great compromise. Obama wants the cliff.

  • HARP2

    Shove it where only Reggie will find it.

  • Jim Denney

    Debt ceiling extended until after 2014 mid terms? Now think REAL hard Johnny, why would Obama want that?

    Yes, I know he’s a meanie, but you’re gonna have to stop crying and tell him no or he’ll just bully US some more.

  • Les Lenhart

    Boehner is a spineless wimp….He needs to go…..The only bargaining chip that the Republicans had—this wimp is caving on…..When are we going to get true conservatives in office?

  • Les Lenhart

    Boehner is a spineless wimp….He needs to go…..The only bargaining chip that the Republicans had—this wimp is caving on…..When are we going to get true conservatives in office?

  • BeeKaaay

    The RINOpublican party agrees! More money for cronies! Less money for you.

    Remember, when they “soak the rich” it is you and I who get wet.

  • BeeKaaay

    The RINOpublican party agrees! More money for cronies! Less money for you.

    Remember, when they “soak the rich” it is you and I who get wet.

  • fmahoney

    let’s face some smile facts, nothing Obama does will please you extreme right tea party Karl Rove conservatives. If this president cured cancer, balanced the budget, created world peace, killed every bad guy.

    It would still not be enough for some of you and we all know why. You only want to quote the constitution when it comes to your guns.

    Your hate will consume you in time…

    Your religious beliefs should not be forced down the throats of other americans who have a diff believe.

    Good old days??? Good old days for who?

    • Justin Case

      Obama is not going to cure cancer or balance the budget or pay down the debt. Obama is going to make speeches and play golf and you will forever genuflect to his image in whatever medium you may come across it.

    • NRPax

      Smile facts? Is this a new slang term I’ve never heard before?

    • Zane Henry

      he’d have to have the slightest interest in a budget before he could balance one, you know…

      World peace, you say? Considering he’s a bigger warmonger than Bush, That’s quite the intellectual leap you took there.

      And ooooo, how extreme. fiscal responsibility. Living within our means. Such radical ideas.

      Oh, and I know how much you think “freedom of religion” means Freedom FROM religion, but that’s never going to be the case.

  • The_Original

    Where are the real cuts that need to be made . . . they don’t seem to care about that.

  • Justin Case

    You’re fired Boehner. No more taxes for anyone for the simple reason they will only be squandered on more graft and corruption. Can’t believe anyone is naive enough to still believe, after all of the existing historical evidence available, any new tax revenue would be used to balance the existing budget or pay down the ballooning debt.

    Vote to raise taxes on any American and lose your job next election.

  • ceemack

    Best solution to the “fiscal cliff”: find a real cliff and push Boehner off of it.

    The taller the cliff, the better.

    Speaker Ryan, anybody?

  • http://twitter.com/dchrist81 david christoph

    clueless governor to create Fiscal Cliff State Park (parody)

    http://www.johnlocke.org/acrobat/cjPrintEdition/cj-dec2012-web.pdf page 28

    “Without a site, and with no other details ironed out, the state still estimates an annual positive economic impact of $37.8 million. It’s all about manipulating the multiplier effect to get the number you want.”

    … no better way to justify make-work jobs than make-work statistics!

  • BeeKaaay

    The RINOpublican party says “MORE MONEY FOR CRONIES!!!!”

    Marxists took over both major political parties. Absolutely useless.