What choices do Republicans in Congress have?
Option one - Extend Bush tax cuts for everyone except people making over $250k
Option two - Go over the cliff and give Obama and a more Democratic Senate more control over what tax cuts stay or go
What choices do Republicans in Congress have?
Option one - Extend Bush tax cuts for everyone except people making over $250k
Option two - Go over the cliff and give Obama and a more Democratic Senate more control over what tax cuts stay or go
Negotiate on the revenue. They have to. which by the way will generate enough money to run the country for less than 9 days.
And absolutely state they will not move forward on the revenue until the promised spending cuts and entitlement reform are spelled out on paper.
We've seen this show before. Raise revenue and "promise" to address spending, which just never seems to happen.
The GSA can do without their parties this year. So can the military contractors.
Prediction: Grover Norquist will be thrown off the cliff.
Both options are moot in that they are ideologically driven solutions that won't solve the economic problem. No matter what revenue option wins out the actual problem of too much spending remains. If spending isn't addressed then no amount of arguing over revenue will matter.
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