Is this true? I can't find details on the stimulus.
I think it was another one of those "secret" meetings. Can't let the public see what's going on until it's too late for them to argue about it, you know. Anyway, here's all I found about it and it looks like more of the same.
Republicans familiar with a new White House offer on avoiding the so-called fiscal cliff say it looks almost exactly like President Barack Obama's budget proposal last February.
$1.6 trillion in new tax revenue over the coming decade
Extending the 2 percentage point payroll tax deduction or something comparable
$50 billion in stimulus spending on infrastructure projects
$960 billion over the coming decade by increasing tax rates and taxes on investment income on upper-bracket earners
$600 billion in additional taxes.
Cut health care programs by $400 billion over the coming decade
Cut (modestly) programs like farm subsidies
Cut Postal Service costs
Higher fees on airline tickets
Extending unemployment benefits for the long-term jobless
Defer looming cuts to Medicare payments to physicians
Help homeowners refinance "underwater" mortgages..
Equivalent of a permanent extension of the government's borrowing ability LINK
eta And this: (Kick that can on down the road)
Geithner's offer would delay the sequester -- automatic spending cuts to the Pentagon and social programs -- for a year, and effectively eliminates the congressional requirement to lift the debt ceiling in perpetuity. The offer included an extension of unemployment insurance, the payroll tax and even money to help homeowners modify mortgages and invest in infrastructure. "I think there was a leprechaun in there somewhere, too," quipped one GOP aide.
Decouple the high-end tax and capital gains rates from the middle-class rates, extending only those for the middle class.
Revert estate taxes to their higher 2009 level
Raise an additional $600 billion in taxes elsewhere
Tax reform required to raise at least as much as the tax hikes LINK
This post was edited on 11/30 at 8:35 am