WASHINGTON — Obama senior adviser David Plouffe predicted that the fiscal cliff negotiations are “going to get hairy” in the coming weeks, saying President Barack Obama is committed to achieving the elusive “big deal” on taxes and spending he and Speaker of the House John Boehner have tried to strike for more than 18 months.
In post-election remarks at the University of Delaware, Plouffe warned of “paralysis” if both parties remain beholden to their base, saying Obama is looking for a deal that sets the country on the right fiscal path for a 10- to 20-year period.
“The only way that gets done is for Republicans again to step back and get mercilessly criticized by Grover Norquist and the Right, and it means that Democrats are going to have to do some tough things on spending and entitlements that means that they’ll criticized on by their left,” Plouffe said at his alma mater in conversation with former McCain campaign manager Steve Schmidt.
The senior White House adviser repeated Obama’s opposition to extending the Bush tax cuts on those earning more than $250,000 a year, but expressed openness to a tax reform deal that could potentially lower what the wealthy pay.
“What we also want to do is engage in a process of tax reform that would ultimately produce lower rates, even potentially for the wealthiest,” he said, referring to benefits from corporate tax reform.
Plouffe added that while the White House wants to engage in comprehensive tax reform, they know they must also “carefully” address the “chief drivers of our deficit”: Medicare and Medicaid.
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Democrats HAVE to do EXACTLY NOTHING to get what they want. If the Repubs don’t cave to whatever Barack and Harry want, taxes will go up on EVERY INCOME TAX PAYING CITIZEN on Jan 1. Then the Dems turn around and offer a new tax cut bill for those making $250k or less… and now whatcha gonna do, GOP? Vote against it? The dems have all the leverage here and the Repubs have precisely zero. The only way for them to get what they want os for Obama to just plain give it away. Oh yeah, right, that’s what he does. I forgot! Stupid stupid stupid. I sure as fuck wish that Obama wasn’t still worrying at this goddamn dry bipartisan bone while the Repubs eat his lunch… looks like he still hasn’t learned.