Reuters: Politics: Obama takes "fiscal cliff" on the road; Republicans stew

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Obama takes "fiscal cliff" on the road; Republicans stew Nov 30th 2012, 13:05 Tweet Share this Email Print Related News Boehner sees no progress in "fiscal cliff" talks Thu, Nov 29 2012 Obama hosts election rival Romney for lunch Thu, Nov 29 2012 Wall Street ends higher after swings on 'fiscal cliff' Thu, Nov 29 2012 Euro off one-month highs as U.S. fiscal talk weighs Thu, Nov 29 2012 Cracks surface in Republican unity on tax rates Wed, Nov 28 2012 Analysis & Opinion Will the fiscal cliff raise taxes on the middle class? When talk was of investing in public good Related Topics Investing Simplified » Politics » Aerospace & Defense » U.S. President Barack Obama delivers remarks at the White House in Washington November 28, 2012. Credit: Reuters/Kevin Lamarque By Fred Barbash WASHINGTON | Fri Nov 30, 2012 7:37am EST WASHINGTON (Reuters) - President Barack Obama, reapplying his re-election campaign theme of protecting the middle class, heads to Pennsylvania on Friday suggesting that Republicans could spoil Christmas by driving the country over the "fiscal cliff." The president's road trip, visiting a factory that makes Tinkertoys, is infuriating Republicans, with House of Representatives Speaker John Boehner calling it a "victory lap" Thursday as he rejected Obama's proposals to avoid the cliff, which is a combination of tax increases and spending cuts set to start taking effect in January. But Boehner confronts challenges not only from Democrats but increasingly from other Republicans, some of whom have advocated greater flexibility than their leadership on Obama's demand that Congress approve tax increases for the wealthy as well as extend tax cuts for the middle class as part of a deal to avoid the cliff. Most Republicans oppose raising any tax rates. While Republicans are unhappy with the Obama's opening bid of deficit reduction measures, drawn mostly from previous presidential budget proposals, they are nervously eyeing the markets as well as polls indicating that the public is likely to blame Republicans if there is no deal at year's end to avoid the tax increases and severe spending cuts that economists say could tip the economy into a recession. What the president is doing, Republican Representative Lee Terry of Nebraska told MSNBC on Thursday, "is setting us up to be the fall people for going over the fiscal cliff. And, frankly, going over the fiscal cliff is a win for the president. So either way, we're going to get it." Obama will visit a manufacturing facility in Hatfield, Pennsylvania, operated by The Rodon Group, a plastic-injection molding company that supplies, among other things, Tinkertoys and Angry Birds building sets for children. "As we move into holiday season, Democrats and Republicans should come together to renew middle class tax cuts so families have more certainty at this critical time for our economy," the White House said in announcing Friday's trip. (Editing by Vicki Allen) Tweet this Link this Share this Digg this Email Reprints We welcome comments that advance the story through relevant opinion, anecdotes, links and data. If you see a comment that you believe is irrelevant or inappropriate, you can flag it to our editors by using the report abuse links. Views expressed in the comments do not represent those of Reuters. For more information on our comment policy, see http://blogs.reuters.com/fulldisclosure/2010/09/27/toward-a-more-thoughtful-conversation-on-stories/ Comments (1) the gop otions are to compromise with someone they hate or be blamed for not doing so. which option helps 99% of america and which one helps their 1% wealthy supporters? time to show us your true colors. Nov 30, 2012 7:47am EST  --  Report as abuse See All Comments » Add Your Comment

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