My OperaObama did not congressional leaders the United States to resolve the crisis in the financial cliff "progress
Sunday, November 18, 2012 7:31:35 AM
According to Singapore's "Lianhe Zaobao" reported that U.S. President Barack Obama, the 16th meeting on "financial cliff" Congressional leaders decided to develop the framework of reforming the taxation and social insurance and welfare programs next year after the two sides discussed at the White House, shown toward a settlement is reached program on the road, the two sides finally taken an important step.
In the re-election of Barack Obama, the U.S. House of Representatives Speaker John Boehner, Senate Republican leader Mitch McConnell, and House Democratic Leader Nancy Pelosi, Senate Majority Leader Harry Reid on the 16th for the first time gathered the White House for more than an hour discussion. Although before the presidential and congressional leaders have their own show that will try to avoid countries facing financial crisis, but this is the first language consistently show that the "constructive" stance.
Rich "constructive" talks, Obama and House and Senate leaders agreed to make every effort to avoid the "financial cliff" and seek to include tax increases and spending cuts in a balanced manner, the White House said in a statement issued after the talks, to reduce the deficit.Although both sides are willing to discuss reforming the taxation and social insurance and welfare programs, especially in medical and elderly health insurance plan, but this is not enough to resolve the urgent needs of the United States fall into the "financial cliff", due before the end of the year if the deficit reduction can not be reached agreement, a comprehensive tax increases and spending cuts the measures will own start in January next year.
However, the two sides of the future made commitments to make people believe Democrats and Republicans will make some compromises to reach a compromise solution to replace the relatively too excited measures of "financial cliff" harm to a lesser extent the deficit reduction measures.
House Speaker John Boehner, said after the meeting that he "raised the general framework of a reform of taxes and government spending." Boehner's aides later explained that the spending cuts will be covered by social insurance and welfare ", that is, the the Federal largest benefit plans, including health care for the elderly and health insurance plans, as well as the health plan for the poor.
McConnell said that the reform of the social welfare projects will not be able to save this country. Republicans are willing to put on the negotiating table, the contents of the tax increases the premise that the real problem can be solved.
Democrats who requested anonymity said, to discuss the main issues is how to deal with the overall tax increase will start in January next year. He said, It is worth mentioning that Boehner and McConnell did not flatly rejected the Democratic Party wants to freeze the middle class tax rate and the proposed increase in rates of high-income families.
A senior Democratic senator aide also revealed the rich tax cuts, Reid and Pelosi think made progress in discussions with the Republican Party. He believes that the next few weeks, the position of the Republicans will be erratic, but eventually they will compromise.
The White House issued a statement saying the rich "constructive" talks, Obama and House and Senate leaders agreed to make every effort to avoid the "financial cliff", and to seek to include tax increases and spending cuts balanced way to reduce the deficit.
In the re-election of Barack Obama, the U.S. House of Representatives Speaker John Boehner, Senate Republican leader Mitch McConnell, and House Democratic Leader Nancy Pelosi, Senate Majority Leader Harry Reid on the 16th for the first time gathered the White House for more than an hour discussion. Although before the presidential and congressional leaders have their own show that will try to avoid countries facing financial crisis, but this is the first language consistently show that the "constructive" stance.
Rich "constructive" talks, Obama and House and Senate leaders agreed to make every effort to avoid the "financial cliff" and seek to include tax increases and spending cuts in a balanced manner, the White House said in a statement issued after the talks, to reduce the deficit.Although both sides are willing to discuss reforming the taxation and social insurance and welfare programs, especially in medical and elderly health insurance plan, but this is not enough to resolve the urgent needs of the United States fall into the "financial cliff", due before the end of the year if the deficit reduction can not be reached agreement, a comprehensive tax increases and spending cuts the measures will own start in January next year.
However, the two sides of the future made commitments to make people believe Democrats and Republicans will make some compromises to reach a compromise solution to replace the relatively too excited measures of "financial cliff" harm to a lesser extent the deficit reduction measures.
House Speaker John Boehner, said after the meeting that he "raised the general framework of a reform of taxes and government spending." Boehner's aides later explained that the spending cuts will be covered by social insurance and welfare ", that is, the the Federal largest benefit plans, including health care for the elderly and health insurance plans, as well as the health plan for the poor.
McConnell said that the reform of the social welfare projects will not be able to save this country. Republicans are willing to put on the negotiating table, the contents of the tax increases the premise that the real problem can be solved.
Democrats who requested anonymity said, to discuss the main issues is how to deal with the overall tax increase will start in January next year. He said, It is worth mentioning that Boehner and McConnell did not flatly rejected the Democratic Party wants to freeze the middle class tax rate and the proposed increase in rates of high-income families.
A senior Democratic senator aide also revealed the rich tax cuts, Reid and Pelosi think made progress in discussions with the Republican Party. He believes that the next few weeks, the position of the Republicans will be erratic, but eventually they will compromise.
The White House issued a statement saying the rich "constructive" talks, Obama and House and Senate leaders agreed to make every effort to avoid the "financial cliff", and to seek to include tax increases and spending cuts balanced way to reduce the deficit.
