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Showing Original Post only (View all)Shocker: President Obama's newest 'Grand Bargain', lands with a thud [View all]
I mean who could have predicted this- other than just about everyone.
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But even with the dimensions of the new plan unknown, the idea landed with a thud on Capitol Hill as word spread Tuesday morning.
House Republicans have long opposed a tax overhaul that changes the code for corporations but not for individuals. Owners of small businesses who use the individual tax code would be at a disadvantage if only the corporate tax rate were cut, they say.
The GOP has also insisted that corporate tax reform be revenue neutral, not raising money for job creation or any other goal, said Brendan Buck, press secretary for House Speaker John A. Boehner (R-Ohio).
After offering us two things he knows we oppose, the president is asking for additional stimulus spending which, as you know, we also oppose, Buck said in an email on Tuesday.
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http://www.latimes.com/news/politics/la-pn-obama-new-grand-bargain-20130730,0,2137456.story