Obama: 'I Still Think We Can Get It Done'
He calls for smaller deal on fiscal cliff before year's end
By John Johnson, Newser Staff
Posted Dec 21, 2012 5:04 PM CST
Speaker of the House John Boehner, R-Ohio, speaks to reporters Friday. Asked what happens next on the fiscal cliff, he responded, "God only knows."   (AP Photo/J. Scott Applewhite)

(Newser) – Today's fiscal cliff developments have a familiar ring: More talk, no solutions. But while no miracles emerged from Capitol Hill, President Obama took to his podium to declare, "I still think we can get it done." He wants lawmakers to come back after the holiday to pass a scaled-down deal before year's end that protects most Americans from a tax increase and lays the groundwork for more comprehensive legislation, reports AP. Earlier, John Boehner said he would continue working toward a deal in the wake of his own "Plan B" meltdown, but added, "How we get there, God only knows," reports the Hill.

Obama made the case that because Democrats and Republicans alike agree that the vast majority of Americans should be saved from a tax hike, "there is absolutely no reason, none," not to make it happen before the deadline 10 days from now. "Call me a hopeless optimist," he said, adding that he spoke with both Boehner and Harry Reid today. One plan in the works among Democrats is a proposal to extend tax cuts for those making below $250,000, extend unemployment benefits, and temporarily suspend automatic spending cuts, reports the New York Times.

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Fransico-2012
Dec 24, 2012 11:21 AM CST
Mr Boehner' s proposal extends the tax cut up to 1 million, four times the Democrat's limit. Yet the dishonest, tax fanatical media urges the Americans to protest the Republican' s higher tax proposal aimed at the middle class. The Democrats campaign against the Republicans like the Hitler's campaign against the Jews. They tried to tell lies.
Fransico-2012
Dec 23, 2012 7:41 PM CST
Mr Boehner proposes Tax Cut to everyone whose income is up to 1 million. Yet the dishonest Media interprets as a Tax Rate Hike and urges Americans to protest the Republican's proposal that "raises Tax on the Middle Class"! A perfect lie / a provoker of the left tax fanatics!
Fransico-2012
Dec 23, 2012 3:00 PM CST
One plan in the works among Democrats is a proposal to extend tax cuts for those making below $250,000, extend unemployment benefits, and temporarily suspend automatic spending cuts, reports the New York Times. One of my friends refuses a job offer because the Oh_Mama extended unemployment benefit is much better. A wife of a couple refuses to work because of a higher income tax jumping into their combined income. Small business owners try to lay off more employees and scale back their business, lest their income goes beyond the limit of $ 250,000 Yet the dishonest, tax fanatical media urges the Americans to protest the Republican' s higher tax proposal aimed at the middle class.