Democrats and Republicans are so far off in their expectations for the next steps of fiscal talks that Senate Majority Leader Harry ReidHarry ReidWeek ahead: House to revive Yucca Mountain fight Warren builds her brand with 2020 down the road 'Tuesday Group' turncoats must use recess to regroup on ObamaCare MORE (D-Nev.) claimed he cannot understand the Republican Speaker’s brain.
Senate Democratic leaders are growing frustrated by what they say is the lack of a specific plan from House Republicans to raise tax revenues or cut entitlement spending.
Speaker John BoehnerJohn BoehnerLobbyists bounce back under Trump Business groups silent on Trump's Ex-Im nominee Chaffetz won't run for reelection MORE (R-Ohio) has told reporters the ball is in the Democrats’ court and called on President Obama to lead by offering a detailed plan to cut spending.
“I don’t understand his brain, so you should ask him,” Reid said when asked about the disconnect between him and BoehnerJohn BoehnerLobbyists bounce back under Trump Business groups silent on Trump's Ex-Im nominee Chaffetz won't run for reelection MORE.
Democrats argue they have already made their proposal to raise $900 billion for a down payment on the deficit at year’s end. They say Republicans should offer plans to cut entitlement spending, because that is the GOP’s priority.
“Is Boehner saying nothing? Then we’re negotiating with ourselves. Boehner has not had one specific proposal. The Republicans have had not one specific proposal. They can do it on the tax side, they can do it on the spending side. What do they propose,” said Sen. Charles SchumerCharles SchumerPriebus: I believe the government will stay open So what if banks push fancy cards? Give consumers the steak they want Ted Cruz: Warren could beat Trump in 2020 MORE (N.Y.), the third-ranking member of the Senate Democratic leadership.
Schumer said Republican leaders’ general offer to find ways to raise revenues to reduce the deficit was “nothing.”
Schumer noted the Democratic down payment would raise income tax rates on families earning above $250,000, raise the capital gains rate to 20 percent and set the estate tax rate at 45 percent.