there is no Geithner proposal. This is all made up. Mr. President, I remember Dorothy in ``The Wizard of Oz''--I think she was from Kansas and she wound up in Oz. We are here in Washington, DC, and yet suddenly we are in Oz--a real strange place. The Republican leader is an expert in ways to kill legislation, and people who are watching can see he is trying to torpedo the fiscal cliff negotiations which are ongoing. Republican Senators have spoken to people in the White House today. This is no serious way to negotiate, out here on the Senate floor. At the end, the Republican leader is complaining because President Obama wants the rich to pay their fair share, and as usual Republicans are defending the rich, holding tax cuts for the middle class hostage. At the first of the year, unless we work something out, taxes will go up for people making less than $250,000 a year, an average of $2,200 each--not per family but each person. The Senate has already passed the centerpiece of President Obama's offer, and his offer has always been the same. We are not going to go through the same thing we have gone through here for years where we lay out different ways to cut spending and there is never any revenue. The President has made it very, very clear. They have already passed the President's proposal, which is to make sure people making less than $250,000 a year are not burdened with an extra $2,200 each after the first of the year. That passed in July.…
On the recordDecember 5, 2012
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