Key House Conservatives: We Won't Budge on Taxes
Source: National Journal
Pressure may be building to avert a year-end fiscal crisis, but don’t expect House conservatives to buckle on upper-income tax hikes, even if Democrats commit to spending cuts in the process.
“What’s going to help our economy? Everyone knows Washington has a spending problem. A big one,” Rep. Jim Jordan of Ohio, the outgoing chairman of the conservative Republican Study Committee, said at an American Enterprise Institute panel on Tuesday. “... It’s a joke to go down this road” of considering any tax-rate hikes," he said.
Jordan and the committee's incoming chairman, Rep. Steve Scalise of Louisiana, both argued that, far from being a solution to the nation’s fiscal problems, raising tax rates in January would hurt the nation’s economy.
“I would argue, and history would prove, that tax cuts actually generate the revenue for economic growth to get you to a balanced budget,” Scalise said. “... Should we focus on fixing the problem or just appeasing the president’s pound of flesh that he wants to get?”
Read more: http://www.nationaljournal.com/blogs/influencealley/2012/12/key-house-conservatives-we-won-t-budge-on-taxes-11
Why has Boehner refused to offer any specifics and is now trying to blame Democrats for being inflexible? Because once again, Boehner is getting undercut and is watching his back, so he now has to once again pander to his base by pushing for permanent tax cuts for the rich because he is afraid that he will get kicked out as Speaker.
How can you seriously negotiate with the Republicans when their caucas looks like a scene from Lord of the Flies.
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And the Republicans will take the fall.
I'm actually looking forward to seeing how this will work out.
