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Saturday, November 10, 2012

ABC News: Good Morning America: President Obama, Speaker Boehner 'Taxmaggedon' Showdown



Speaker Boehner has already put tax reform that would include closing tax loopholes on the table to. Pay for deficit reduction, President Obama has already put entitlement reform on the table to pay for deficit reduction as well. Thats what the final deal is and if Speaker Boehner is going to hold to this, for every tax loophole thats eliminated. Other taxes have to be cut to offset closing the loophole, then they should negotiate that as part as another stimulus bill. To jump start the economy, that would also include things that Democrats want like more. Infrastructure investment and pay for that as well, this what they could avoid the fiscal cliff and boost the. Economy as well, so you would get deficit reduction and a stimulus, both paid for and done at the same time.