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Related: Editorials & Other Articles, Issue Forums, Alliance Forums, Region ForumsRepublican Senators resorting to "GOP trickery" on deficit, selling Mr. 47 Percent's plan.
By Steve Benen
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To be sure, Norquist's waning influence is a positive development, as is the larger shift in the debate -- Washington is no longer arguing whether to include more revenue in a debt-reduction deal, but how to include more revenue.
But to characterize Graham's position as some kind of major concession is a mistake. Indeed, while the South Carolinian's position is ever-so-slightly more constructive than some House Republicans'...Let's unwrap this a bit. On the one hand, Graham is willing to accept new revenue. Through slightly higher tax rates on millionaires and billionaires? Absolutely not -- Graham specifically proclaimed, "I will not raise tax rates to do it."
So what will the Republican senator tolerate? Mitt Romney's plan. Here's what Graham offered yesterday:
"When you're $16 trillion in debt, the only pledge we should be making to each other is to avoid becoming Greece, and Republicans should put revenue on the table. We're this far in debt. We don't generate enough revenue. Capping deductions will help generate revenue. Raising tax rates will hurt job creation. So I agree with Grover, we shouldn't raise rates, but I think Grover is wrong when it comes to we can't cap deductions."
In other words, Graham -- being singled out for praise today for being so "reasonable" -- would demand that Bush-era tax rates be left in place for everyone, including the very wealthy, but he'd consider a cap on deductions. As a practical matter, his "concession" is being open to adopting Romney's revenue proposal.
In exchange, Graham expects Democrats to reward Republicans with "structural reforms" to support programs like Medicare, Medicaid, and Social Security. What kind of "reforms" are they seeking? We don't know -- no one in the Republican Party has been specific about the kind of entitlement cuts they expect to get in a bipartisan deal.
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http://maddowblog.msnbc.com/_news/2012/11/26/15454314-lindsey-grahams-reasonableness-comes-with-fine-print
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These two have jumped on the Saxby Chambliss bandwagon offering the President something similar to what Mitt Romney campaigned on entitlement spending cuts with base broadening. But no increases in tax rates including no increases on those already very low tax rates on capital income. If we dont eliminate the tax break for capital, then the notion that we are raising revenues from upper-income households rings hollow. This is the same old GOP trickery that strives to reign in deficits by socking it to the poor and the middle class. Excuse me but Mitt Romney lost the election. If elections are to have consequences, President Obama should reject this Trojan Horse.
http://econospeak.blogspot.com/2012/11/fiscal-cliff-republican-senators.html
These asshole are all about gimmicks. They haven't learned a damn thing from the election. It's, "Say it nicer" or "Pretend to throw Norquist under the bus."
Mitt lost! Deal with it.
ProSense
(116,464 posts)Flashmann
(2,140 posts)Have never been trustworthy and have never displayed measurable levels of integrity or honor.....Their insistence on pushing the phony proposition that they've learned some lesson and will be good boys now,all of a sudden,is completely laughable.....
ProSense
(116,464 posts)Look how many people jumped on these comments as sincere (it's one thing to use them strategically to denounce Norquist) and how many people are still attributing false positions to Democrats.
It becomes confusing, and bolsters the claims of those pushing false equivalencies. The fact is Republicans aren't trying and Democrats aren't lining up to support them.
Wall Street Journal says Democrats are in disarray on entitlements
http://www.dailykos.com/story/2012/11/20/1163558/-Wall-Street-Journal-says-Democrats-are-in-disarray-on-nbsp-entitlements
It's all bullshit, and Democrats need to stand their ground.
http://www.democraticunderground.com/?com=view_post&forum=1002&pid=1883939
Rocky888
(297 posts)Thank you!
1StrongBlackMan
(31,849 posts)this morning, I couldn't help but notice the Oh, SO SUBTLE revenue enhancement trial balloon being sent up ... "Listening closely to the Democrats' demand to raise revenue ... Let's raise the Capital Gains tax 5%, that way we don't have to raise the tax-rate on the wealthy. I think the Democrats can agree to this and move a bit on entitlement reform."
No Joe ... How about we raise the Captial Gains tax 5% AND return the marginal tax rate for those making $250K and over to the Clinton Era rates. If the gop does that, the Democrats can re-visit entitlement reform by removing the Cap on the SS tax.
Deal?