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Because oil prices have been falling, he has shelved a proposal to offset the estimated $65 billion cost of his proposed tax rebates to the middle class with a windfall-profits tax on oil companies, leaving himself an even bigger budget gap.
Cantor's proposal to offset disaster aid has been criticized by both Republicans and Democrats.
They didn't like a Democratic proposal to offset the spending, and some 1.7 million Americans have lost their benefits since.
Similar(57)
Mr. Orszag added that the president's initiatives on health care, energy and education policies included proposals to offset the costs.
A number of Senate Democrats had objected to Mr. Obama's proposals to offset the cost of his plan by limiting tax deductions, including for charitable contributions, that could be taken by individuals making more than $200,000 and couples making more than $250,000.
Proposals to offset the impacts of clearing substantially intact native vegetation or larger areas of partially modified native vegetation were generally assessed as unlikely to 'improve or maintain environmental outcomes'.
Ryan's proposal is to offset some of the lost revenues by introducing a sizable "border-adjustment tax" on imports, but the White House apparently doesn't like this idea.
He is standing by his panel's proposal to help offset the health bill's cost with an income tax surcharge on the wealthiest taxpayers, though he concedes "it will be adjusted" to hit fewer people.
Quinn, joined by with several legislators who have championed the price increase, offered the revenue-generating proposal to help offset massive cuts necessary to balance the state's overextended budget, including, most recently, $1.6 billion in cuts to Illinois' Medicaid spending.
More insidiously, a major proposal in New York state to offset the lost deductions would deprive Social Security and Medicare Hospital Insurance of revenue they would otherwise receive under the current tax regime. .
This country, after all, is the land of gender-neutral pronouns, "latte dads" proposals to tax men to offset the cost of domestic violence and a tourism website proudly proclaiming "the modern Swedish man is a feminist".
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com