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    GOP hopefuls oppose potential deficit deal

    WASHINGTON (AP) — The top Republican in the House says a recent proposal by GOP members of a special deficit committee is a "fair offer" despite criticism from conservatives who say it breaks the party's pledge on taxes.

    House Speaker John Boehner (BAY'-nuhr) says it's important to reform the tax code to lower tax rates and clear away numerous tax breaks to make America more competitive. But he also says the details of how that would be achieved "are yet to be worked out."

    A GOP proposal to the supercommittee last week called for a net tax revenue increase of almost $300 billion in exchange for significantly lowered tax rates. But the plan has gotten a cold shoulder from GOP presidential hopefuls like former Speaker Newt Gingrich and Texas Gov. Rick Perry.

    The deficit panel remains deadlocked.

     
    • John  •  Hays, United States  •  6 mths ago
      Social Security keeps getting lumped in with benefit programs like medicare and medicaid. It was not supposed to be that. Our government used the money in the program for other things and did not pay it back. It is owed to the people who put the money in.
      • Taxpayer 6 mths ago
        John SS fund monies are used to buy US Government Securities. The same securities foreign governments buy as investments because they are the safest investments in the world. Noboby has ever lost a penny when buying US government securities. The money is NOT stolen from the fund, it is invested and the investments pay interest. The problem comes when the bonds are due and politicians don't want to pay back what is invested with the interest earned. That is what would happen if there is a government default such as what was brought up by the Tea party when the deficit increase was being fought over. If that would happen, the next time securities were put out for auctions, the US would have to pay higher interest rates (costing us more) before anyone would buy them.
      • Kandice Wells 6 mths ago
        @Taxpayer
        "it is invested and the investments pay interest. The problem comes when the bonds are due and politicians don't want to pay back what is invested with the interest earned."

        Then it is stolen.
      • Melissa J. 6 mths ago
        if thas the case ?? then why is it all we here is cutting our elderly who only have there monthly income to live on,,,you know these people are the ones who need it the most,,so i'm to the point where i trust neither side,, cause that seems to be both sides answer. and yes we did work hard and paid every single dime.
    • George  •  Crapo, United States  •  6 mths ago
      They are not interested in paying down the debt, they are interested in lining their pockets with the austerity that will soon take what ever money you have left, away and leave you in the poor house.......get it.
      • Dave 6 mths ago
        I saw that swell picture of Washington and I just knew you had to be right.... snif.
      • Its Still Stupids Economy 6 mths ago
        I agree they need austerity for wallstreet .....its funny how all the worlds money just dissapeared and now everyone is broke....7 trillion dollars got sucked from our economy when wallstreet crashed....along with everyones 401 plans and pensions.....now congress wants americans to not only pay to bail out wallstreet but pay even more with their pensions and healthcare
      • Al 6 mths ago
        Everyone told us to contribute to 401K andmoney went into pension funds and housing. Congress, Bankers, and wall street sucked it all out and left us broke and unemployed. They knew what they were doing...and they'll do it again.
    • Robert C  •  Sacramento, United States  •  6 mths ago
      I say quit giving out subsidies to the farmers and to big oil companies then do an audit to every goverment agency and goverment program to cut out waste,fraud and any uneeded programs that dont work and combined duplicate programs into one program to save money.Another thing the goverment can set conditions for big and small companies to hire people.
      • bluepeahen 6 mths ago
        I'm a farmer. I don't get one red penny from our government.
      • Yahoo user 6 mths ago
        Stop jumping on our farmers..they are part of the working poor and don't get the subsidies you claim!! The oil companies is a different story and you shouldn't have lumped them together.
      • mytea 6 mths ago
        what really is suppose to be the job of each branch of government? they probably done even have a clue as they havent been following the guidelines for many many years, they are doing whatever they think will profit themselves to achieve their goal at any price,...and at the expense of any civilian and military life...
    • masa  •  6 mths ago
      Even President Clinton commented that as his income rise, his tax bill fall. The politicians are rich, but the country is poor.
      • Donna 6 mths ago
        They might not get rich enough to pay everyone elses freebies but the ones you are describing could get out and take one of the available lower than they expect paying jobs.
      • none 6 mths ago
        Not sure why anyone would quote Clinton.
      • Ndn_nfl 6 mths ago
        Not just him,,,i pay more taxes than the owner of my company that makes millions!!!
    • Bob  •  6 mths ago
      Hear that? Another train wreck is approaching and this one will be painful - very painful indeed.
      • Jane 6 mths ago
        TOTALLY!!!!
    • B.Dunc  •  Seattle, United States  •  6 mths ago
      It seems that the more tax breaks we give to job creaters, the more jobs they create.... Overseas.
    • jrg  •  6 mths ago
      The main reasons for becoming politicians are, you get power, you are above the laws that you write for others to follow, and you can spend other peoples money {taxes} by the billions and still get richer at the same time yourself, you receive benefits no one else gets, you get full retirement and benefits after just one term of several years in office, and both parties are guilty of this. It is a wonder every one in America does not become politicians, it is the "best job going"..
    • Michael  •  6 mths ago
      No more tax cuts for the 'JOB CREATORS' until they create some freakin jobs!
    • Dennis W  •  Charlottesville, United States  •  6 mths ago
      More chicken with the economy!
    • oscar w  •  Makati City, Philippines  •  6 mths ago
      These nimrods still donot get it, SS contributions cannot continue to finance the general budget it has to be used to fund the SS fund now that the baby boomers want their money. They will have to raise taxes if they want to fund their pet projects.
    • K  •  Cincinnati, United States  •  6 mths ago
      Our legislature still CAN'T GET ANYTHING DONE, even with a SUPERCOMMITTEE WITH A DEADLINE to meet? That tells me they will NEVER ACCOMPLISH ANYTHING and that THEY HAVE TO GO!
    • rcdog  •  Columbus, United States  •  6 mths ago
      higher taxes on the rich and a thirty percent pay cut for congressman. until unemployment is under 5 %.
    • dem  •  6 mths ago
      Jesus sacrificed everything for the meek, not the rich
    • ElGatoMagnifico  •  6 mths ago
      Political Hari-kari.
      What a bunch of fools
    • Mr.  •  6 mths ago
      The number one priority of the GOP is to make Obama a one term president. They stated that a couple of years ago. Fixing ANYTHING isn't their primary agenda.
    • Scutt Farkus  •  Providence, United States  •  6 mths ago
      It's only class warfare when the poor start standing up for themselves.
    • mitchell  •  Sandstone, United States  •  6 mths ago
      These guys really are the enemy of the people.
    • Theodore  •  Chicago, United States  •  6 mths ago
      NOTHING speaks louder than reading what Republicans say about the controlling the deficit. In a nut shell the Republican position is cut SS. cut Medicare, cut Social Programs, elminate programs helping the middle class like the unemployment extensions, cut funding to keep teachers, police and firemen in their jobs. DON'T RAISE TAXES on the millionaires and billionaires who outsource jobs to slave labor counties , DON'T TAX the billionaires on Wall Street on their profits. The way I read it SCREW THE MIDDLE CLASS & POOR ONLY HELP THE RICH. Here's a question for the 90 % of us, Why do we vote against our OWN self interest??? We complain about loss of jobs, for the government to level the playing field on trade, yet we vote for Republicans who's sole purpose is to eliminate the middle class..WHY???
    • joloub  •  Washington, United States  •  6 mths ago
      For all of them it's "My way or the highway". It makes amockery of democracy and the art of compromise for the common good
    • NewMexicoGent  •  6 mths ago
      No pay for congress until they strike a deal. Problem solved. Whew! That was tough...let's go get a beer.
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