POTUS' Day Ahead: Selling it on the road
November 30th, 2012
07:38 AM ET

POTUS' Day Ahead: Selling it on the road

There will be no Obama 2012 signage or a campaign playlist, but the president’s trip to a Philadelphia suburb Friday might feel a bit like late October again. Obama will hit the road to promote his position on freezing tax rates for households making under $250,000 while increasing those of the wealthiest wage-earners. The midday trip to Hatfiled, PA has already been criticized by Senate Minority Leader Mitch McConnell, who said earlier this week the president “is back on the campaign trail presumably with the same old talking points that we are all quite familiar with.”

Obama will tour The Rodon Group manufacturing facility, a toy manufacturer whose products include Tinkertoy, K’NEX Building Sets and Angry Bird Building Sets. The tour will be followed by formal remarks at 12:05 PM.  He returns to the South Lawn at 2:55 PM.

Full schedule after the jump:

EST

9:00AM In-Town Pool Call Time

10:10AM THE PRESIDENT departs the White House en route Joint Base Andrews
South Lawn
Open Press

10:25AM THE PRESIDENT departs Joint Base Andrews
Out-of-Town Travel Pool Coverage

11:05AM THE PRESIDENT arrives Philadelphia, Pennsylvania
Philadelphia International Airport
Open Press

11:45AM THE PRESIDENT tours The Rodon Group manufacturing facility
The Rodon Group Manufacturing Facility, Hatfield, Pennsylvania
Out-of-Town Travel Pool Coverage

12:05PM THE PRESIDENT delivers remarks
The Rodon Group Manufacturing Facility, Hatfield, Pennsylvania
Open Press

2:00PM THE PRESIDENT departs Philadelphia, Pennsylvania
Philadelphia International Airport
Open Press

2:40PM THE PRESIDENT arrives Joint Base Andrews
Out-of-Town Travel Pool Coverage

2:55PM THE PRESIDENT arrives the White House
South Lawn
Open Press

Briefing Schedule

Principal Deputy Press Secretary Josh Earnest will Gaggle Aboard Air Force One


soundoff (37 Responses)
  1. acdcguy

    On the road selling a load of BS like he always does.............

    November 30, 2012 at 8:42 am |
  2. Kool-Aid Police

    More of the "fair share" talk. Let's just get it over with and eliminate the debt ceiling, hike takes and print money like there's no tomorrow. That's what Obama wants so let's move into the fast lane and speed up the inevitable collapse.

    November 30, 2012 at 8:47 am |
  3. judy

    the repos are taking pot shots at this trip before it even happens they are complaining about rice before she is even nominated. Do you see a pattern here.? They are finding problems with the fisacal cliff. The election is over, you fools lost. We are sick of your stupid tactics. acdc guy really? why don't you and kool aid take a long walk off a short pier. You lost get over it.

    November 30, 2012 at 11:16 am |
    • John

      We see plenty of patterns here. 1. the dems have decided they do not really need to govern, just raise taxes and spend.
      2. no budget. 3. the "cuts" will be made later.
      Good job dems, how to vote for that "change"...

      November 30, 2012 at 11:20 am |
      • John

        BTW, it was Obama who said "if we need to raise taxes on everyone so be it".

        November 30, 2012 at 11:21 am |
    • Howard

      Judy ... in case you've forgotten ... this is America, so the citizens and the political party which gets defeated, doesn't have to stop voicing their opinions, and objections ... what you want only exists in a totalitarian society.

      November 30, 2012 at 2:05 pm |
      • jean2009

        If you are living in Canada, does it really matter?

        But hey.... voice your objection, but facts are you are in the minority, and the last I checked we operate on the majority rules. This president has been elected by large majority twice, and 60% of the people say tax rates need to go back to Clinton era rates....And you might want to bone-up on your math skills....2012 – 1776 = 226.

        December 1, 2012 at 1:19 am |
      • Howard

        Jean ... I remember when African Americans ... gays ... and Latinos were in the minority ... you seem to have changed your tune about majority rules since then. The RIGHT THING now ... and, it has always been ... to lead and govern the country for ALL Americans. Remember Martin Luther King said to judge a man by the content of his character ... not by his race, or ethnicity. You on the other hand, are all about whoever wins DOMINATES ... or doing what's best for your party, rather than country ... engaging in 'payback' ... as well as divide and conquer ... based on class warfare ... gender warfare ... and race warfare.

        December 3, 2012 at 11:33 am |
    • NAM VET

      JUDY,JUDY,JUDY-THANKS TO OBAMA YOU ARE ON THE END OF THE PIER WITH ALL THE REST OF THE COUNTRY.
      OBAMA HAS NO APPTITUDE FOR LEADING. HE IS A MANDATER. HE WOULD LIKE NOTHIN BETTER THAN DANCING WITH THE STARS AND GETTING HIGH FIVES FROM DIP STICKERS LIKE YOU. WAKE UP AND SMELL THE ROSES.
      NOT THE ONES IN THE WH GARDEN AS THEY ARE FULL OF DOG CRAP. ROSES DON'T LIKE DOGGY POO.

      December 3, 2012 at 2:45 pm |
  4. judy

    amazing how many stupid repos still out there. Revenue needs to come from some where we already tried the repos way. It is known as a recession. Hard to govern a bunch of clowns and off the wall tea baggers who can't even get along with each other.

    November 30, 2012 at 11:34 am |
    • Caramon

      I believe the President himself has stated we need a balanced approach to avert the fiscal problems. Balanced means a dollar of expense cuts for every dollar of additional revenue. So far, the only expense cut offered was 400 billion from Medicaid to be determined at a later date. Judy, what other expense cuts do you think would balance with the revenue increases?

      November 30, 2012 at 1:28 pm |
    • Howard

      Or ... Judy ... we could cut spending ... and not spend more than we have ... you know, like all of us middle class Americans have to do ... and, have done for the past 336 years ... but, I guess when you've already squandered over 4 TRILLION DOLLARS, or other people's hard earned money in just 4 short years ... that alternative just doesn't occur to you.

      November 30, 2012 at 2:10 pm |
    • NAM VET

      YOU ARE SO RIGHT WE NEED TO TAX THE ENTERTAINMENT TO 75%, BILLIONAIRES LIKE OB'S BEST FREIND,YOU KNOW THE ONE WHO PAYS LESS THAT HIS SEC. BIG UNION BOSSES WITH BILLIONS IN THE BANK FROM THOSE
      THEY ARE SWOREN TO SERVE,FAT CHANCE ON THAT ONE. ALL WEALTHY POLITICIANS SHOULD NOT BE DRAWING A DALARY PAID BY THE TAXPAYER. NO PRESIDENT SHOULD TAKE A SALARY OR RETIREMENT NOT
      BENEFITS PAID BY THE TAXPAYER. NO POLITICAL APPOINTMENTS SALARIES NOT CONFIRERMED BY CONGRESS. NOR
      BENEFITS PAID BY THE TAXPAYERS. NO APPOINTMENTS TO AGENCIES OF GOV. WITHOUT CONGRESSIONAL OK.
      ANYONE SERVING IN A POST OF APPOINTMENT MUST BE VETTED BY CONGRESS.--THE LIST IS NEVER ENDING.
      ALL THOSE THAT SERVE IN GOVERNMENT BY APPOINTMENT ARE IN QUESTION AS TO THEIR LOYALTY TO SERVING
      THE PEOPLE OR A POLITICAL PARTY. PEOPLE COME FIRST,NOT PARTY. YOU MUST KNOW WHO THE BOSS IS.

      December 3, 2012 at 1:54 pm |
  5. freedom

    Does Obama not know he was re-elected? Is he allergic to the White House? There has never been a president so uneasy in the role he is in, as this one. You can take the guy out of community organizing, but you can't take the community organizing out of the guy. Not presidential. It's all a facade and manipulation.

    November 30, 2012 at 1:26 pm |
    • jean2009

      George W. Bush spent 879 days at the Crawford Ranch, and 487 days at Camp David, that would truly qualify as allergic.

      December 1, 2012 at 1:28 am |
      • NAM VET

        JEANNE, YOU DON'T KNOW JACK. GO HOME AND COOK SOMETHING FOR YOUR FAMILY THAT IS NOT FROM A CAN.
        NOR DELIVERED TO THE DOOR.

        December 3, 2012 at 2:01 pm |
  6. DRH

    Obama's dirty little "secret" : he's never successfully negotiated a damn thing.

    November 30, 2012 at 4:10 pm |
    • jean2009

      Weren't you the one complaining about The Affordable Health Care Act? I call that one successful.

      December 2, 2012 at 2:27 pm |
      • Patrick

        How can you call something sucessful or unsucessful if most of what is in it hasnn't even been implemented?

        December 3, 2012 at 1:00 pm |
      • Patrick

        Sorry read that wrong you are correct to say his negotiating well Ill say passing it was sucessful.

        December 3, 2012 at 1:03 pm |
      • NAM VET

        JEANNE, YOU JUST CAN NOT KEEP YOUR FOOT OUT OF YOUR MOUTH. THE HEALTH CARE ACT WAS NEVER MENT TO BE AFFORDABLE. IT WAS MENT TO BE SHOVED DOWN OUR THROTS AND IF WE WANTED TO READ THE LAW WE
        WOULD HAVE TO PASS IT FIRST AS PELOSI SAID. SHE WAS HIGH ON SOMETHING! I THINK SHE WAS HIGH ON HER-
        SELF.

        December 3, 2012 at 2:12 pm |
  7. Dan B

    Didn't he just campaign for months? And his plan, as far as compromise and what is actually in there is pathetic. 3 times more revenue than spending cuts. I don't know if he is pleasing Democrats or just plain dumb... Raising taxes isn't going to fix the deficit. If Warren Buffet wants higher taxes then he should give half of his fortune to pay for a month of the government.

    November 30, 2012 at 4:36 pm |
    • jean2009

      There is a time to compromise and a time to stand fast and do the right thing...The president is doing what the majority of the American people expect him to do stand pat...this time it is the GOP that needs to compromise.

      December 1, 2012 at 1:30 am |
      • NAM VET

        IT IS TRUE,TO DO THE RIGHT THING WHEN OTHERS WOULD HOPE TO DESTROY OUR COUNTRY. OB HAS A GOOD
        START AT OUR TOTAL DEMISE,BUT IT TAKES GOOD RESPONSIBLE AMERICANS TO KNOW THE DIFFERENCE OF
        CAVING TO DESPOTS AS WE HAVE IN THE OVAL OFFICE NOW. AMERICA WILL SERVIVE AND IT MAY JUST BE AT
        A VERY HIGH PRICE. IN THE END WE WILL SAVE OUR COUNTRY FROM THOSE WHO WOULD DESECRATE OUR CORE
        VALUES. GOD AND COUNTRY WITH REAL FAMILY VALUES--–GOD BLESS AMERICA.

        December 3, 2012 at 2:57 pm |
  8. Mike Texoma

    Oren Hatch is howling about the President's "one sided" negotiating proposal. Mitch McConnel is howling, too, and striving to rebirth himself in the guise of a champion of bipartisan cooperation. Showmanshhip. So, yeah, the President is back on the stump.

    Alas, he will end up angering the radical right and the radical left, but he will get the deal he wants.

    December 1, 2012 at 10:58 am |
  9. ohshesheila

    He doesn't know how to negotiate, only dictate. He's being a real jerk. He's playing games with our lives. It's worse than I even expected.

    December 1, 2012 at 3:11 pm |
  10. Dan B

    I am all in favor of the Democrats getting their way now, so in 4 years when we are in another recession there will be a Republican president.

    December 1, 2012 at 3:33 pm |
    • Mikie

      Should take only 2 years

      December 1, 2012 at 11:35 pm |
  11. Lance D.

    E-mail to all Congressional and MA Commonwealth GOP - CNN/Boston Globe linkage a joke - Fiscal Cliff scare promoted by MA Gov Deval Patrick and Pres. Obama with CNN assistance. Investigate Obama Campaign-funded Commentators (i.e., Van Jones) - CNN MANAGEMENT: According to Boston Globe, Obama has been pushing for the Middle Clas Tax Cut because of his boyfriend, MA Gov Deval Patrick – WASHINGTON – If Congress fails to come to an agreement on the middle class tax cut extensions, it could trigger jobs losses and cause the Massachusetts economy to shrink, according to a new White House analysis.

    A sharp rise in middle class taxes – something both parties are hoping to avert – would prompt residents to spend nearly $4.6 billion less next year in Massachusetts, resulting in a 1.2 percentage point drop in the state’s Gross Domestic Product.

    A typical Massachusetts family of four, earning $86,000, would see its income taxes rise by $2,200, according to the report. The report estimates that consumers nationwide would spend nearly $200 billion less than they otherwise would in 2013, unless the tax cuts are extended for the vast majority of Americans.

    The figures were put together by President Obama’s Council of Economic Advisers and come as Obama pushes to make the fiscal debate in Washington resonate around the country. On Wednesday, he announced several initiatives, seeking to capitalize on his campaign success by encouraging people to post messages on the Facebook pages of their congressmen or tweet their support for his approach.

    “If there’s one thing that I’ve learned, when the American people speak loudly enough, lo and behold, Congress listens,” Obama said on Wednesday, with a group of middle class families around him.

    Raise Your Voice
    Click to contact candidates or elected officials about this issue. “My hope is to get this done before Christmas,’’ Obama added. ‘‘But the place where we already have in theory at least complete agreement right now is on middle-class taxes.’’

    Obama wants the current tax rates to stay on income less than $250,000. But he wants the rates to increase – returning to where they were about a decade ago – on any income that’s great than that. Republicans want to retain the rates for all and have criticized Obama, saying he has not submitted a realistic proposal.

    If Congress doesn’t act, the rates will increase for everyone. Top congressional lawmakers and their aides are trying to negotiate a broad deal that would solve both the tax cut issue, as well as budget cuts that are set to be implemented if no action is taken.

    Although both measures would reduce the nation’s deficit, such a confluence of events would threaten to tip an already-soft economy into a recession.

    Representative Tom Cole of Oklahoma, in a move first reported by Politico, has told GOP colleagues that they should consider abandoning linking the lower tax rates for the wealthy with the middle-class rates. It would be better, he argued, to make sure that middle class tax cuts are preserved. Cole is considered close to House Speaker John Boehner.

    Several influential voices, however, are growing pessimistic that Congress will be able to come to terms with the White House.

    “I’m really worried,” Erskine Bowles, a former top official in President Clinton’s administration and a chair of a debt-reduction commission, said at a breakfast sponsored by the Christian Science Monitor. “I believe the probability is that we’re going over the cliff, and I think that would be horrible.”

    He said there was only a 33 percent chance that Congress would pass any legislation before Jan. 1, when the rates are set to rise.

    The new White House report is focused on how middle class Massachusetts residents would be hurt if their tax cuts are not extended. But the state would see other effects.

    State officials have said, for example, that Massachusetts would lose $300 million in tax revenue this year and $1 billion next year because less tax revenue is coming in. Additionally, the state would lose $200 million in direct federal funding, Jay Gonzalez, secretary of the Executive Office for Administration and Finance, told the Globe earlier this week.

    Federal spending cuts would also impact Massachusetts industries that rely heavily on federal government spending. Defense funding for Massachusetts, for example, would drop by $1.2 billion and National Institutes of Health spending would drop nearly $200 million, Gonzalez said.

    December 1, 2012 at 11:55 pm |
  12. Lance D.

    CNN MANAGEMENT: According to Boston Globe, Obama has been pushing for the Middle Clas Tax Cut because of his boyfriend, MA Gov Deval Patrick – WASHINGTON – If Congress fails to come to an agreement on the middle class tax cut extensions, it could trigger jobs losses and cause the Massachusetts economy to shrink, according to a new White House analysis.

    A sharp rise in middle class taxes – something both parties are hoping to avert – would prompt residents to spend nearly $4.6 billion less next year in Massachusetts, resulting in a 1.2 percentage point drop in the state’s Gross Domestic Product.

    A typical Massachusetts family of four, earning $86,000, would see its income taxes rise by $2,200, according to the report. The report estimates that consumers nationwide would spend nearly $200 billion less than they otherwise would in 2013, unless the tax cuts are extended for the vast majority of Americans.

    The figures were put together by President Obama’s Council of Economic Advisers and come as Obama pushes to make the fiscal debate in Washington resonate around the country. On Wednesday, he announced several initiatives, seeking to capitalize on his campaign success by encouraging people to post messages on the Facebook pages of their congressmen or tweet their support for his approach.

    “If there’s one thing that I’ve learned, when the American people speak loudly enough, lo and behold, Congress listens,” Obama said on Wednesday, with a group of middle class families around him.

    Raise Your Voice
    Click to contact candidates or elected officials about this issue. “My hope is to get this done before Christmas,’’ Obama added. ‘‘But the place where we already have in theory at least complete agreement right now is on middle-class taxes.’’

    Obama wants the current tax rates to stay on income less than $250,000. But he wants the rates to increase – returning to where they were about a decade ago – on any income that’s great than that. Republicans want to retain the rates for all and have criticized Obama, saying he has not submitted a realistic proposal.

    If Congress doesn’t act, the rates will increase for everyone. Top congressional lawmakers and their aides are trying to negotiate a broad deal that would solve both the tax cut issue, as well as budget cuts that are set to be implemented if no action is taken.

    Although both measures would reduce the nation’s deficit, such a confluence of events would threaten to tip an already-soft economy into a recession.

    Representative Tom Cole of Oklahoma, in a move first reported by Politico, has told GOP colleagues that they should consider abandoning linking the lower tax rates for the wealthy with the middle-class rates. It would be better, he argued, to make sure that middle class tax cuts are preserved. Cole is considered close to House Speaker John Boehner.

    Several influential voices, however, are growing pessimistic that Congress will be able to come to terms with the White House.

    “I’m really worried,” Erskine Bowles, a former top official in President Clinton’s administration and a chair of a debt-reduction commission, said at a breakfast sponsored by the Christian Science Monitor. “I believe the probability is that we’re going over the cliff, and I think that would be horrible.”

    He said there was only a 33 percent chance that Congress would pass any legislation before Jan. 1, when the rates are set to rise.

    The new White House report is focused on how middle class Massachusetts residents would be hurt if their tax cuts are not extended. But the state would see other effects.

    State officials have said, for example, that Massachusetts would lose $300 million in tax revenue this year and $1 billion next year because less tax revenue is coming in. Additionally, the state would lose $200 million in direct federal funding, Jay Gonzalez, secretary of the Executive Office for Administration and Finance, told the Globe earlier this week.

    Federal spending cuts would also impact Massachusetts industries that rely heavily on federal government spending. Defense funding for Massachusetts, for example, would drop by $1.2 billion and National Institutes of Health spending would drop nearly $200 million, Gonzalez said.

    December 1, 2012 at 11:56 pm |
  13. Lance D.

    CNN MANAGEMENT: According to Boston Globe, Obama has been pushing for the Middle Clas Tax Cut because of his boyfriend, MA Gov Deval Patrick – WASHINGTON – If Congress fails to come to an agreement on the middle class tax cut extensions, it could trigger jobs losses and cause the Massachusetts economy to shrink, according to a new White House analysis.

    A sharp rise in middle class taxes – something both parties are hoping to avert – would prompt residents to spend nearly $4.6 billion less next year in Massachusetts, resulting in a 1.2 percentage point drop in the state’s Gross Domestic Product.

    A typical Massachusetts family of four, earning $86,000, would see its income taxes rise by $2,200, according to the report. The report estimates that consumers nationwide would spend nearly $200 billion less than they otherwise would in 2013, unless the tax cuts are extended for the vast majority of Americans.

    The figures were put together by President Obama’s Council of Economic Advisers and come as Obama pushes to make the fiscal debate in Washington resonate around the country. On Wednesday, he announced several initiatives, seeking to capitalize on his campaign success by encouraging people to post messages on the Facebook pages of their congressmen or tweet their support for his approach.

    “If there’s one thing that I’ve learned, when the American people speak loudly enough, lo and behold, Congress listens,” Obama said on Wednesday, with a group of middle class families around him.

    Raise Your Voice
    Click to contact candidates or elected officials about this issue. “My hope is to get this done before Christmas,’’ Obama added. ‘‘But the place where we already have in theory at least complete agreement right now is on middle-class taxes.’’

    Obama wants the current tax rates to stay on income less than $250,000. But he wants the rates to increase – returning to where they were about a decade ago – on any income that’s great than that. Republicans want to retain the rates for all and have criticized Obama, saying he has not submitted a realistic proposal.

    If Congress doesn’t act, the rates will increase for everyone. Top congressional lawmakers and their aides are trying to negotiate a broad deal that would solve both the tax cut issue, as well as budget cuts that are set to be implemented if no action is taken.

    Although both measures would reduce the nation’s deficit, such a confluence of events would threaten to tip an already-soft economy into a recession.

    Representative Tom Cole of Oklahoma, in a move first reported by Politico, has told GOP colleagues that they should consider abandoning linking the lower tax rates for the wealthy with the middle-class rates. It would be better, he argued, to make sure that middle class tax cuts are preserved. Cole is considered close to House Speaker John Boehner.

    Several influential voices, however, are growing pessimistic that Congress will be able to come to terms with the White House.

    “I’m really worried,” Erskine Bowles, a former top official in President Clinton’s administration and a chair of a debt-reduction commission, said at a breakfast sponsored by the Christian Science Monitor. “I believe the probability is that we’re going over the cliff, and I think that would be horrible.”

    He said there was only a 33 percent chance that Congress would pass any legislation before Jan. 1, when the rates are set to rise.

    The new White House report is focused on how middle class Massachusetts residents would be hurt if their tax cuts are not extended. But the state would see other effects.

    State officials have said, for example, that Massachusetts would lose $300 million in tax revenue this year and $1 billion next year because less tax revenue is coming in. Additionally, the state would lose $200 million in direct federal funding, Jay Gonzalez, secretary of the Executive Office for Administration and Finance, told the Globe earlier this week.

    Federal spending cuts would also impact Massachusetts industries that rely heavily on federal government spending. Defense funding for Massachusetts, for example, would drop by $1.2 billion and National Institutes of Health spending would drop nearly $200 million, Gonzalez said.

    CNN MANAGEMENT: According to Boston Globe, Obama has been pushing for the Middle Clas Tax Cut because of his boyfriend, MA Gov Deval Patrick – WASHINGTON – If Congress fails to come to an agreement on the middle class tax cut extensions, it could trigger jobs losses and cause the Massachusetts economy to shrink, according to a new White House analysis.

    A sharp rise in middle class taxes – something both parties are hoping to avert – would prompt residents to spend nearly $4.6 billion less next year in Massachusetts, resulting in a 1.2 percentage point drop in the state’s Gross Domestic Product.

    A typical Massachusetts family of four, earning $86,000, would see its income taxes rise by $2,200, according to the report. The report estimates that consumers nationwide would spend nearly $200 billion less than they otherwise would in 2013, unless the tax cuts are extended for the vast majority of Americans.

    The figures were put together by President Obama’s Council of Economic Advisers and come as Obama pushes to make the fiscal debate in Washington resonate around the country. On Wednesday, he announced several initiatives, seeking to capitalize on his campaign success by encouraging people to post messages on the Facebook pages of their congressmen or tweet their support for his approach.

    “If there’s one thing that I’ve learned, when the American people speak loudly enough, lo and behold, Congress listens,” Obama said on Wednesday, with a group of middle class families around him.

    Raise Your Voice
    Click to contact candidates or elected officials about this issue. “My hope is to get this done before Christmas,’’ Obama added. ‘‘But the place where we already have in theory at least complete agreement right now is on middle-class taxes.’’

    Obama wants the current tax rates to stay on income less than $250,000. But he wants the rates to increase – returning to where they were about a decade ago – on any income that’s great than that. Republicans want to retain the rates for all and have criticized Obama, saying he has not submitted a realistic proposal.

    If Congress doesn’t act, the rates will increase for everyone. Top congressional lawmakers and their aides are trying to negotiate a broad deal that would solve both the tax cut issue, as well as budget cuts that are set to be implemented if no action is taken.

    Although both measures would reduce the nation’s deficit, such a confluence of events would threaten to tip an already-soft economy into a recession.

    Representative Tom Cole of Oklahoma, in a move first reported by Politico, has told GOP colleagues that they should consider abandoning linking the lower tax rates for the wealthy with the middle-class rates. It would be better, he argued, to make sure that middle class tax cuts are preserved. Cole is considered close to House Speaker John Boehner.

    Several influential voices, however, are growing pessimistic that Congress will be able to come to terms with the White House.

    “I’m really worried,” Erskine Bowles, a former top official in President Clinton’s administration and a chair of a debt-reduction commission, said at a breakfast sponsored by the Christian Science Monitor. “I believe the probability is that we’re going over the cliff, and I think that would be horrible.”

    He said there was only a 33 percent chance that Congress would pass any legislation before Jan. 1, when the rates are set to rise.

    The new White House report is focused on how middle class Massachusetts residents would be hurt if their tax cuts are not extended. But the state would see other effects.

    State officials have said, for example, that Massachusetts would lose $300 million in tax revenue this year and $1 billion next year because less tax revenue is coming in. Additionally, the state would lose $200 million in direct federal funding, Jay Gonzalez, secretary of the Executive Office for Administration and Finance, told the Globe earlier this week.

    Federal spending cuts would also impact Massachusetts industries that rely heavily on federal government spending. Defense funding for Massachusetts, for example, would drop by $1.2 billion and National Institutes of Health spending would drop nearly $200 million, Gonzalez said.

    CNN MANAGEMENT: According to Boston Globe, Obama has been pushing for the Middle Clas Tax Cut because of his boyfriend, MA Gov Deval Patrick – WASHINGTON – If Congress fails to come to an agreement on the middle class tax cut extensions, it could trigger jobs losses and cause the Massachusetts economy to shrink, according to a new White House analysis.

    A sharp rise in middle class taxes – something both parties are hoping to avert – would prompt residents to spend nearly $4.6 billion less next year in Massachusetts, resulting in a 1.2 percentage point drop in the state’s Gross Domestic Product.

    A typical Massachusetts family of four, earning $86,000, would see its income taxes rise by $2,200, according to the report. The report estimates that consumers nationwide would spend nearly $200 billion less than they otherwise would in 2013, unless the tax cuts are extended for the vast majority of Americans.

    The figures were put together by President Obama’s Council of Economic Advisers and come as Obama pushes to make the fiscal debate in Washington resonate around the country. On Wednesday, he announced several initiatives, seeking to capitalize on his campaign success by encouraging people to post messages on the Facebook pages of their congressmen or tweet their support for his approach.

    “If there’s one thing that I’ve learned, when the American people speak loudly enough, lo and behold, Congress listens,” Obama said on Wednesday, with a group of middle class families around him.

    Raise Your Voice
    Click to contact candidates or elected officials about this issue. “My hope is to get this done before Christmas,’’ Obama added. ‘‘But the place where we already have in theory at least complete agreement right now is on middle-class taxes.’’

    Obama wants the current tax rates to stay on income less than $250,000. But he wants the rates to increase – returning to where they were about a decade ago – on any income that’s great than that. Republicans want to retain the rates for all and have criticized Obama, saying he has not submitted a realistic proposal.

    If Congress doesn’t act, the rates will increase for everyone. Top congressional lawmakers and their aides are trying to negotiate a broad deal that would solve both the tax cut issue, as well as budget cuts that are set to be implemented if no action is taken.

    Although both measures would reduce the nation’s deficit, such a confluence of events would threaten to tip an already-soft economy into a recession.

    Representative Tom Cole of Oklahoma, in a move first reported by Politico, has told GOP colleagues that they should consider abandoning linking the lower tax rates for the wealthy with the middle-class rates. It would be better, he argued, to make sure that middle class tax cuts are preserved. Cole is considered close to House Speaker John Boehner.

    Several influential voices, however, are growing pessimistic that Congress will be able to come to terms with the White House.

    “I’m really worried,” Erskine Bowles, a former top official in President Clinton’s administration and a chair of a debt-reduction commission, said at a breakfast sponsored by the Christian Science Monitor. “I believe the probability is that we’re going over the cliff, and I think that would be horrible.”

    He said there was only a 33 percent chance that Congress would pass any legislation before Jan. 1, when the rates are set to rise.

    The new White House report is focused on how middle class Massachusetts residents would be hurt if their tax cuts are not extended. But the state would see other effects.

    State officials have said, for example, that Massachusetts would lose $300 million in tax revenue this year and $1 billion next year because less tax revenue is coming in. Additionally, the state would lose $200 million in direct federal funding, Jay Gonzalez, secretary of the Executive Office for Administration and Finance, told the Globe earlier this week.

    Federal spending cuts would also impact Massachusetts industries that rely heavily on federal government spending. Defense funding for Massachusetts, for example, would drop by $1.2 billion and National Institutes of Health spending would drop nearly $200 million, Gonzalez said.

    December 1, 2012 at 11:58 pm |
  14. Lance D.

    OBAMA LOVER GOV DEVAL PATRICK PRESSURING OBAMA FOR MIDDLE INCOME TAX REDUCTION FOR MASSACHUSETTS - BOSTON GLOBE INFORMED CNN BUT CNN REFUSED TO REPORT THE OBAMA/PATRICK CONNECTION - REPORT TO CONGRESSIONAL AND MA COMMONWEALTH GOP: CNN MANAGEMENT: According to Boston Globe, Obama has been pushing for the Middle Clas Tax Cut because of his boyfriend, MA Gov Deval Patrick – WASHINGTON – If Congress fails to come to an agreement on the middle class tax cut extensions, it could trigger jobs losses and cause the Massachusetts economy to shrink, according to a new White House analysis.

    A sharp rise in middle class taxes – something both parties are hoping to avert – would prompt residents to spend nearly $4.6 billion less next year in Massachusetts, resulting in a 1.2 percentage point drop in the state’s Gross Domestic Product.

    A typical Massachusetts family of four, earning $86,000, would see its income taxes rise by $2,200, according to the report. The report estimates that consumers nationwide would spend nearly $200 billion less than they otherwise would in 2013, unless the tax cuts are extended for the vast majority of Americans.

    The figures were put together by President Obama’s Council of Economic Advisers and come as Obama pushes to make the fiscal debate in Washington resonate around the country. On Wednesday, he announced several initiatives, seeking to capitalize on his campaign success by encouraging people to post messages on the Facebook pages of their congressmen or tweet their support for his approach.

    “If there’s one thing that I’ve learned, when the American people speak loudly enough, lo and behold, Congress listens,” Obama said on Wednesday, with a group of middle class families around him.

    Raise Your Voice
    Click to contact candidates or elected officials about this issue. “My hope is to get this done before Christmas,’’ Obama added. ‘‘But the place where we already have in theory at least complete agreement right now is on middle-class taxes.’’

    Obama wants the current tax rates to stay on income less than $250,000. But he wants the rates to increase – returning to where they were about a decade ago – on any income that’s great than that. Republicans want to retain the rates for all and have criticized Obama, saying he has not submitted a realistic proposal.

    If Congress doesn’t act, the rates will increase for everyone. Top congressional lawmakers and their aides are trying to negotiate a broad deal that would solve both the tax cut issue, as well as budget cuts that are set to be implemented if no action is taken.

    Although both measures would reduce the nation’s deficit, such a confluence of events would threaten to tip an already-soft economy into a recession.

    Representative Tom Cole of Oklahoma, in a move first reported by Politico, has told GOP colleagues that they should consider abandoning linking the lower tax rates for the wealthy with the middle-class rates. It would be better, he argued, to make sure that middle class tax cuts are preserved. Cole is considered close to House Speaker John Boehner.

    Several influential voices, however, are growing pessimistic that Congress will be able to come to terms with the White House.

    “I’m really worried,” Erskine Bowles, a former top official in President Clinton’s administration and a chair of a debt-reduction commission, said at a breakfast sponsored by the Christian Science Monitor. “I believe the probability is that we’re going over the cliff, and I think that would be horrible.”

    He said there was only a 33 percent chance that Congress would pass any legislation before Jan. 1, when the rates are set to rise.

    The new White House report is focused on how middle class Massachusetts residents would be hurt if their tax cuts are not extended. But the state would see other effects.

    State officials have said, for example, that Massachusetts would lose $300 million in tax revenue this year and $1 billion next year because less tax revenue is coming in. Additionally, the state would lose $200 million in direct federal funding, Jay Gonzalez, secretary of the Executive Office for Administration and Finance, told the Globe earlier this week.

    Federal spending cuts would also impact Massachusetts industries that rely heavily on federal government spending. Defense funding for Massachusetts, for example, would drop by $1.2 billion and National Institutes of Health spending would drop nearly $200 million, Gonzalez said.

    CNN MANAGEMENT: According to Boston Globe, Obama has been pushing for the Middle Clas Tax Cut because of his boyfriend, MA Gov Deval Patrick – WASHINGTON – If Congress fails to come to an agreement on the middle class tax cut extensions, it could trigger jobs losses and cause the Massachusetts economy to shrink, according to a new White House analysis.

    A sharp rise in middle class taxes – something both parties are hoping to avert – would prompt residents to spend nearly $4.6 billion less next year in Massachusetts, resulting in a 1.2 percentage point drop in the state’s Gross Domestic Product.

    A typical Massachusetts family of four, earning $86,000, would see its income taxes rise by $2,200, according to the report. The report estimates that consumers nationwide would spend nearly $200 billion less than they otherwise would in 2013, unless the tax cuts are extended for the vast majority of Americans.

    The figures were put together by President Obama’s Council of Economic Advisers and come as Obama pushes to make the fiscal debate in Washington resonate around the country. On Wednesday, he announced several initiatives, seeking to capitalize on his campaign success by encouraging people to post messages on the Facebook pages of their congressmen or tweet their support for his approach.

    “If there’s one thing that I’ve learned, when the American people speak loudly enough, lo and behold, Congress listens,” Obama said on Wednesday, with a group of middle class families around him.

    Raise Your Voice
    Click to contact candidates or elected officials about this issue. “My hope is to get this done before Christmas,’’ Obama added. ‘‘But the place where we already have in theory at least complete agreement right now is on middle-class taxes.’’

    Obama wants the current tax rates to stay on income less than $250,000. But he wants the rates to increase – returning to where they were about a decade ago – on any income that’s great than that. Republicans want to retain the rates for all and have criticized Obama, saying he has not submitted a realistic proposal.

    If Congress doesn’t act, the rates will increase for everyone. Top congressional lawmakers and their aides are trying to negotiate a broad deal that would solve both the tax cut issue, as well as budget cuts that are set to be implemented if no action is taken.

    Although both measures would reduce the nation’s deficit, such a confluence of events would threaten to tip an already-soft economy into a recession.

    Representative Tom Cole of Oklahoma, in a move first reported by Politico, has told GOP colleagues that they should consider abandoning linking the lower tax rates for the wealthy with the middle-class rates. It would be better, he argued, to make sure that middle class tax cuts are preserved. Cole is considered close to House Speaker John Boehner.

    Several influential voices, however, are growing pessimistic that Congress will be able to come to terms with the White House.

    “I’m really worried,” Erskine Bowles, a former top official in President Clinton’s administration and a chair of a debt-reduction commission, said at a breakfast sponsored by the Christian Science Monitor. “I believe the probability is that we’re going over the cliff, and I think that would be horrible.”

    He said there was only a 33 percent chance that Congress would pass any legislation before Jan. 1, when the rates are set to rise.

    The new White House report is focused on how middle class Massachusetts residents would be hurt if their tax cuts are not extended. But the state would see other effects.

    State officials have said, for example, that Massachusetts would lose $300 million in tax revenue this year and $1 billion next year because less tax revenue is coming in. Additionally, the state would lose $200 million in direct federal funding, Jay Gonzalez, secretary of the Executive Office for Administration and Finance, told the Globe earlier this week.

    Federal spending cuts would also impact Massachusetts industries that rely heavily on federal government spending. Defense funding for Massachusetts, for example, would drop by $1.2 billion and National Institutes of Health spending would drop nearly $200 million, Gonzalez said.

    CNN MANAGEMENT: According to Boston Globe, Obama has been pushing for the Middle Clas Tax Cut because of his boyfriend, MA Gov Deval Patrick – WASHINGTON – If Congress fails to come to an agreement on the middle class tax cut extensions, it could trigger jobs losses and cause the Massachusetts economy to shrink, according to a new White House analysis.

    A sharp rise in middle class taxes – something both parties are hoping to avert – would prompt residents to spend nearly $4.6 billion less next year in Massachusetts, resulting in a 1.2 percentage point drop in the state’s Gross Domestic Product.

    A typical Massachusetts family of four, earning $86,000, would see its income taxes rise by $2,200, according to the report. The report estimates that consumers nationwide would spend nearly $200 billion less than they otherwise would in 2013, unless the tax cuts are extended for the vast majority of Americans.

    The figures were put together by President Obama’s Council of Economic Advisers and come as Obama pushes to make the fiscal debate in Washington resonate around the country. On Wednesday, he announced several initiatives, seeking to capitalize on his campaign success by encouraging people to post messages on the Facebook pages of their congressmen or tweet their support for his approach.

    “If there’s one thing that I’ve learned, when the American people speak loudly enough, lo and behold, Congress listens,” Obama said on Wednesday, with a group of middle class families around him.

    Raise Your Voice
    Click to contact candidates or elected officials about this issue. “My hope is to get this done before Christmas,’’ Obama added. ‘‘But the place where we already have in theory at least complete agreement right now is on middle-class taxes.’’

    Obama wants the current tax rates to stay on income less than $250,000. But he wants the rates to increase – returning to where they were about a decade ago – on any income that’s great than that. Republicans want to retain the rates for all and have criticized Obama, saying he has not submitted a realistic proposal.

    If Congress doesn’t act, the rates will increase for everyone. Top congressional lawmakers and their aides are trying to negotiate a broad deal that would solve both the tax cut issue, as well as budget cuts that are set to be implemented if no action is taken.

    Although both measures would reduce the nation’s deficit, such a confluence of events would threaten to tip an already-soft economy into a recession.

    Representative Tom Cole of Oklahoma, in a move first reported by Politico, has told GOP colleagues that they should consider abandoning linking the lower tax rates for the wealthy with the middle-class rates. It would be better, he argued, to make sure that middle class tax cuts are preserved. Cole is considered close to House Speaker John Boehner.

    Several influential voices, however, are growing pessimistic that Congress will be able to come to terms with the White House.

    “I’m really worried,” Erskine Bowles, a former top official in President Clinton’s administration and a chair of a debt-reduction commission, said at a breakfast sponsored by the Christian Science Monitor. “I believe the probability is that we’re going over the cliff, and I think that would be horrible.”

    He said there was only a 33 percent chance that Congress would pass any legislation before Jan. 1, when the rates are set to rise.

    The new White House report is focused on how middle class Massachusetts residents would be hurt if their tax cuts are not extended. But the state would see other effects.

    State officials have said, for example, that Massachusetts would lose $300 million in tax revenue this year and $1 billion next year because less tax revenue is coming in. Additionally, the state would lose $200 million in direct federal funding, Jay Gonzalez, secretary of the Executive Office for Administration and Finance, told the Globe earlier this week.

    Federal spending cuts would also impact Massachusetts industries that rely heavily on federal government spending. Defense funding for Massachusetts, for example, would drop by $1.2 billion and National Institutes of Health spending would drop nearly $200 million, Gonzalez said.

    CNN MANAGEMENT: According to Boston Globe, Obama has been pushing for the Middle Clas Tax Cut because of his boyfriend, MA Gov Deval Patrick – WASHINGTON – If Congress fails to come to an agreement on the middle class tax cut extensions, it could trigger jobs losses and cause the Massachusetts economy to shrink, according to a new White House analysis.

    A sharp rise in middle class taxes – something both parties are hoping to avert – would prompt residents to spend nearly $4.6 billion less next year in Massachusetts, resulting in a 1.2 percentage point drop in the state’s Gross Domestic Product.

    A typical Massachusetts family of four, earning $86,000, would see its income taxes rise by $2,200, according to the report. The report estimates that consumers nationwide would spend nearly $200 billion less than they otherwise would in 2013, unless the tax cuts are extended for the vast majority of Americans.

    The figures were put together by President Obama’s Council of Economic Advisers and come as Obama pushes to make the fiscal debate in Washington resonate around the country. On Wednesday, he announced several initiatives, seeking to capitalize on his campaign success by encouraging people to post messages on the Facebook pages of their congressmen or tweet their support for his approach.

    “If there’s one thing that I’ve learned, when the American people speak loudly enough, lo and behold, Congress listens,” Obama said on Wednesday, with a group of middle class families around him.

    Raise Your Voice
    Click to contact candidates or elected officials about this issue. “My hope is to get this done before Christmas,’’ Obama added. ‘‘But the place where we already have in theory at least complete agreement right now is on middle-class taxes.’’

    Obama wants the current tax rates to stay on income less than $250,000. But he wants the rates to increase – returning to where they were about a decade ago – on any income that’s great than that. Republicans want to retain the rates for all and have criticized Obama, saying he has not submitted a realistic proposal.

    If Congress doesn’t act, the rates will increase for everyone. Top congressional lawmakers and their aides are trying to negotiate a broad deal that would solve both the tax cut issue, as well as budget cuts that are set to be implemented if no action is taken.

    Although both measures would reduce the nation’s deficit, such a confluence of events would threaten to tip an already-soft economy into a recession.

    Representative Tom Cole of Oklahoma, in a move first reported by Politico, has told GOP colleagues that they should consider abandoning linking the lower tax rates for the wealthy with the middle-class rates. It would be better, he argued, to make sure that middle class tax cuts are preserved. Cole is considered close to House Speaker John Boehner.

    Several influential voices, however, are growing pessimistic that Congress will be able to come to terms with the White House.

    “I’m really worried,” Erskine Bowles, a former top official in President Clinton’s administration and a chair of a debt-reduction commission, said at a breakfast sponsored by the Christian Science Monitor. “I believe the probability is that we’re going over the cliff, and I think that would be horrible.”

    He said there was only a 33 percent chance that Congress would pass any legislation before Jan. 1, when the rates are set to rise.

    The new White House report is focused on how middle class Massachusetts residents would be hurt if their tax cuts are not extended. But the state would see other effects.

    State officials have said, for example, that Massachusetts would lose $300 million in tax revenue this year and $1 billion next year because less tax revenue is coming in. Additionally, the state would lose $200 million in direct federal funding, Jay Gonzalez, secretary of the Executive Office for Administration and Finance, told the Globe earlier this week.

    Federal spending cuts would also impact Massachusetts industries that rely heavily on federal government spending. Defense funding for Massachusetts, for example, would drop by $1.2 billion and National Institutes of Health spending would drop nearly $200 million, Gonzalez said.

    December 2, 2012 at 12:02 am |
  15. Lance D.

    REPORT TO ALL CONGRESSIONAL AND MA COMMONWEALTH GOP: CNN/BOSTON GLOBE LINKAGE - CNN REFUSES TO REPORT OBAMA/PATRICK CONNECTION - PATRICK PRESSURES OBAMA TO SEEK MIDDLE INCOME TAX REDUCTION AT EPENSE OF APPROPRIATE TIME FOR GOP EXAMINATION AND BUDGET NEGOTIATIONS. CNN WAS INFORMED EARLIER ABOUT GOV DEVAL PATICK INFLUENCE ON BUDGET NEGOTIATIONS. CNN MANAGEMENT: According to Boston Globe, Obama has been pushing for the Middle Clas Tax Cut because of his boyfriend, MA Gov Deval Patrick – WASHINGTON – If Congress fails to come to an agreement on the middle class tax cut extensions, it could trigger jobs losses and cause the Massachusetts economy to shrink, according to a new White House analysis.

    A sharp rise in middle class taxes – something both parties are hoping to avert – would prompt residents to spend nearly $4.6 billion less next year in Massachusetts, resulting in a 1.2 percentage point drop in the state’s Gross Domestic Product.

    A typical Massachusetts family of four, earning $86,000, would see its income taxes rise by $2,200, according to the report. The report estimates that consumers nationwide would spend nearly $200 billion less than they otherwise would in 2013, unless the tax cuts are extended for the vast majority of Americans.

    The figures were put together by President Obama’s Council of Economic Advisers and come as Obama pushes to make the fiscal debate in Washington resonate around the country. On Wednesday, he announced several initiatives, seeking to capitalize on his campaign success by encouraging people to post messages on the Facebook pages of their congressmen or tweet their support for his approach.

    “If there’s one thing that I’ve learned, when the American people speak loudly enough, lo and behold, Congress listens,” Obama said on Wednesday, with a group of middle class families around him.

    Raise Your Voice
    Click to contact candidates or elected officials about this issue. “My hope is to get this done before Christmas,’’ Obama added. ‘‘But the place where we already have in theory at least complete agreement right now is on middle-class taxes.’’

    Obama wants the current tax rates to stay on income less than $250,000. But he wants the rates to increase – returning to where they were about a decade ago – on any income that’s great than that. Republicans want to retain the rates for all and have criticized Obama, saying he has not submitted a realistic proposal.

    If Congress doesn’t act, the rates will increase for everyone. Top congressional lawmakers and their aides are trying to negotiate a broad deal that would solve both the tax cut issue, as well as budget cuts that are set to be implemented if no action is taken.

    Although both measures would reduce the nation’s deficit, such a confluence of events would threaten to tip an already-soft economy into a recession.

    Representative Tom Cole of Oklahoma, in a move first reported by Politico, has told GOP colleagues that they should consider abandoning linking the lower tax rates for the wealthy with the middle-class rates. It would be better, he argued, to make sure that middle class tax cuts are preserved. Cole is considered close to House Speaker John Boehner.

    Several influential voices, however, are growing pessimistic that Congress will be able to come to terms with the White House.

    “I’m really worried,” Erskine Bowles, a former top official in President Clinton’s administration and a chair of a debt-reduction commission, said at a breakfast sponsored by the Christian Science Monitor. “I believe the probability is that we’re going over the cliff, and I think that would be horrible.”

    He said there was only a 33 percent chance that Congress would pass any legislation before Jan. 1, when the rates are set to rise.

    The new White House report is focused on how middle class Massachusetts residents would be hurt if their tax cuts are not extended. But the state would see other effects.

    State officials have said, for example, that Massachusetts would lose $300 million in tax revenue this year and $1 billion next year because less tax revenue is coming in. Additionally, the state would lose $200 million in direct federal funding, Jay Gonzalez, secretary of the Executive Office for Administration and Finance, told the Globe earlier this week.

    Federal spending cuts would also impact Massachusetts industries that rely heavily on federal government spending. Defense funding for Massachusetts, for example, would drop by $1.2 billion and National Institutes of Health spending would drop nearly $200 million, Gonzalez said.

    December 2, 2012 at 12:06 am |
  16. Lance D.

    CNN MANAGEMENT: Obama is citing a $2,200 tax increase on middle class from MASSACHUSETTS study on behalf of "close friend" MA Gov Deval Patrick - reason to believe Patrick was involved in planning W.H. luncheon between Obama and Romney. Congressional and MA Commonwealth GOP have additional sensitive info RE: luncheon. Patrick urgency noted - Obama pressured by Patrick to seek Middle income tax reduction as recommended by Massachusetts study. Obama campaigning as national issue. GOP alerted to Obama/Patrick plan. CNN MANAGEMENT: According to Boston Globe, Obama has been pushing for the Middle Clas Tax Cut because of his boyfriend, MA Gov Deval Patrick – WASHINGTON – If Congress fails to come to an agreement on the middle class tax cut extensions, it could trigger jobs losses and cause the Massachusetts economy to shrink, according to a new White House analysis.

    A sharp rise in middle class taxes – something both parties are hoping to avert – would prompt residents to spend nearly $4.6 billion less next year in Massachusetts, resulting in a 1.2 percentage point drop in the state’s Gross Domestic Product.

    A typical Massachusetts family of four, earning $86,000, would see its income taxes rise by $2,200, according to the report. The report estimates that consumers nationwide would spend nearly $200 billion less than they otherwise would in 2013, unless the tax cuts are extended for the vast majority of Americans.

    The figures were put together by President Obama’s Council of Economic Advisers and come as Obama pushes to make the fiscal debate in Washington resonate around the country. On Wednesday, he announced several initiatives, seeking to capitalize on his campaign success by encouraging people to post messages on the Facebook pages of their congressmen or tweet their support for his approach.

    “If there’s one thing that I’ve learned, when the American people speak loudly enough, lo and behold, Congress listens,” Obama said on Wednesday, with a group of middle class families around him.

    Raise Your Voice
    Click to contact candidates or elected officials about this issue. “My hope is to get this done before Christmas,’’ Obama added. ‘‘But the place where we already have in theory at least complete agreement right now is on middle-class taxes.’’

    Obama wants the current tax rates to stay on income less than $250,000. But he wants the rates to increase – returning to where they were about a decade ago – on any income that’s great than that. Republicans want to retain the rates for all and have criticized Obama, saying he has not submitted a realistic proposal.

    If Congress doesn’t act, the rates will increase for everyone. Top congressional lawmakers and their aides are trying to negotiate a broad deal that would solve both the tax cut issue, as well as budget cuts that are set to be implemented if no action is taken.

    Although both measures would reduce the nation’s deficit, such a confluence of events would threaten to tip an already-soft economy into a recession.

    Representative Tom Cole of Oklahoma, in a move first reported by Politico, has told GOP colleagues that they should consider abandoning linking the lower tax rates for the wealthy with the middle-class rates. It would be better, he argued, to make sure that middle class tax cuts are preserved. Cole is considered close to House Speaker John Boehner.

    Several influential voices, however, are growing pessimistic that Congress will be able to come to terms with the White House.

    “I’m really worried,” Erskine Bowles, a former top official in President Clinton’s administration and a chair of a debt-reduction commission, said at a breakfast sponsored by the Christian Science Monitor. “I believe the probability is that we’re going over the cliff, and I think that would be horrible.”

    He said there was only a 33 percent chance that Congress would pass any legislation before Jan. 1, when the rates are set to rise.

    The new White House report is focused on how middle class Massachusetts residents would be hurt if their tax cuts are not extended. But the state would see other effects.

    State officials have said, for example, that Massachusetts would lose $300 million in tax revenue this year and $1 billion next year because less tax revenue is coming in. Additionally, the state would lose $200 million in direct federal funding, Jay Gonzalez, secretary of the Executive Office for Administration and Finance, told the Globe earlier this week.

    Federal spending cuts would also impact Massachusetts industries that rely heavily on federal government spending. Defense funding for Massachusetts, for example, would drop by $1.2 billion and National Institutes of Health spending would drop nearly $200 million, Gonzalez said.

    December 2, 2012 at 12:13 am |
  17. Fed up with Republicans

    I want to know where were all of the people who complain so much about spending when Bush and Cheney spent this country into this recession?

    December 2, 2012 at 10:30 pm |
    • NAM VET

      YOU NEVER SERVED YOUR COUNTRY IN UNIFORM, YOU NEVER SERVED ANYONE BUT YOUR OWN GREEDY NEEDS.
      TELL ME I AM WRONG! WHEN YOU SEND TROOPS TO BATTLE,YOU MUST HAVE THE GUTS TO TAKE THE REGRETS
      OF THOSE YOU WOULD NOT SERVE THEIR COUNTRY. BUSH WAS MOVED TO DO THE RIGHT THING FOR THOSE HE
      PUT IN HARMS WAY. HISTORY WILL NOT BE KIND TO ANY PRESIDENT IN THIS DAY IN AGE, IT SEEMS THAT OUR
      WARRIORS ARE DOOMED TO BE CRITICIZED BY THOSE WHO WOULD LEAVE THEIR FREEDOM TO SOMEONE ELSE.

      December 3, 2012 at 2:27 pm |
  18. Why?

    Why would he choose to go talk to a group of people who will applaud his thoughts instead of sitting with the folks he needs to to resolve this issue. The fiscal cliff will not be avoided by pandering to your constituency. Raise taxes on the wealthy (over $1M), put in a minimum tax rate of 30% for those with AGI greater than $1M, add incremental levels of tax rates on dividends and LTCG. Cut entitlement spending...look to Europe for a reason to do that NOW! Entitlements are very easy to introduce and they feel good, they are VERY difficult to pull back and can easily overwhelm a budget.

    December 3, 2012 at 10:05 am |