Politics

Pelosi on fiscal cliff: ‘I’m not thrilled with the president’s proposal’ [VIDEO]

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Nicholas Ballasy
Senior Video Reporter
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      Nicholas Ballasy

      Nicholas Ballasy is the Senior Video Reporter for The Daily Caller covering Congress and national politics. Ballasy has interviewed a wide range of political leaders and celebrities including former President Bill Clinton, Sen. John McCain, Sen. John Kerry, former Gov. Mitt Romney, former House Speakers Nancy Pelosi and Newt Gingrich, Kevin Spacey, Tom Hanks, Whoopi Goldberg, Richard Dreyfuss, Harrison Ford, Matt Damon, Joan Rivers, Gloria Estefan, Jon Stewart, Dave Matthews, Neil Munro, Stevie Wonder, etc. His work has been featured by CNN, Fox News, NBC, CBS, ABC, The Drudge Report, Washington Post and New York Times, among others.

House Minority Leader Nancy Pelosi said she is “not thrilled” with President Obama’s plan to avoid the fiscal cliff and has been encouraging her members to “speak out against” parts of the proposal.

“Whatever the final arrangement is, we’ll have to have balance. So, we’ll see where that figures but I’ve said to the members, express yourselves, speak out against because I’m not thrilled with the president’s proposal,” Pelosi said at the Capitol on Wednesday.

“I mean, it’s what it is in order to save the day, but that doesn’t mean that we all identify with every aspect of it, so they go forth with my blessing.”

On December 11 The Daily Caller asked Senate Majority Leader Harry Reid why he won’t allow a vote on President Obama’s fiscal cliff plan in the Democratic-controlled Senate.

Instead of answering, Reid quizzed TheDC on the details of Obama’s plan.

The White House fiscal cliff plan, pitched to congressional leaders by Treasury Secretary Tim Geithner, includes $1.6 trillion in revenue, the executive authority to raise the nation’s debt limit, and $200 billion for stimulus and the extension of unemployment insurance and the payroll tax cut.

House Speaker John Boehner supports tax rates rising for families making over $1 million per year as opposed to Obama’s position of $250,000 and up. The White House has reportedly agreed to accept a $400,000 threshold but Boehner is moving forward with his $1 million-threshold “Plan B.”

Majority Leader Harry Reid said on Tuesday that Boehner’s plan won’t pass the Senate.

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