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Republicans counter with their own 'fiscal cliff' plan

Publié par Clifford Armion le 12/04/2012

Lisa Mascaro and Michael A. Memoli

WASHINGTON — Under pressure from the White House to make a specific deficit reduction proposal, House Speaker John A. Boehner on Monday countered with one that rejects higher tax rates for the wealthy and deeply cuts Medicare, Social Security and other safety net programs.
The offer from the Republican leader was swiftly dismissed by the White House as not meeting the "test of balance." President Obama, seemingly confident that the public is on his side, has insisted that the nation can no longer afford to continue tax breaks for the wealthy.
With four weeks remaining before the so-called fiscal cliff of automatic tax increases and spending cuts takes effect, the two proposals now on the table illustrate the stark divide between the two sides.
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"Republicans counter with their own 'fiscal cliff' plan", La Clé des Langues [en ligne], Lyon, ENS de LYON/DGESCO (ISSN 2107-7029), avril 2012. Consulté le 27/03/2023. URL: https://cle.ens-lyon.fr/anglais/archives/archives-revue-de-presse/republicans-counter-with-their-own-fiscal-cliff-plan