Leviathan is Wounded. And Hungry.
In case you missed it, Harry Reid displayed the most incredible mind reading skills this past week during an interview on Nevada Public Radio.
As reported by Roll Call, the Senate Majority Leader explained that, “The only people who feel there shouldn’t be more coming in to the federal government from the rich people are the Republicans in the Congress,” He went on to declare that “Everybody else, including the rich people, are willing to pay more. They want to pay more.”
He also went on to announce that the only way there could be some sort of Congressional “grand bargain” would be under the conditions that the Republicans would have to agree to more tax revenue:
“They have their mind set on doing nothing, nothing more on revenue, and until they get off that kick, there’s not going to be a grand bargain on — there’s not going to be a small bargain,” Reid said. “We’re just going to have to do something to work our way through sequestration.”
For those who are short on memory, the Republicans agreed to tax increases on the wealthy immediately after we went over the “Fiscal Cliff” last January. Obama did not get his $250K threshold to raise taxes to 39.6% for “upper earners”, but he did get a $400K single/$450K married couple threshold. January 1, 2013 was the original sequestration deadline. With the Fiscal Cliff deal, the sequestration decision was booted again for two months.
Fast forward to the end of February with sequestration talks and the March 1 deadline looming. The White House and liberal media began discussing in earnest the possiblity of more taxes, especially after it was pointed out by Bob Woodward that sequestration did indeed originate with Obama.
After the Republicans didn’t blink on sequestration and the cuts went into play, Investors Daily revealed on March 1 that Obama’s “sequestration” plan was $1 Trillion in new revenue. That was followed up by Pelosi’s announcement that same afternoon that there would be “no sequestration deal without new taxes”. But sequestration stayed, much to the chagrin of the Democrats.
Here we are now, post-government shutdown. Obamacare is failing badly. Obamacare was supposed to be a source of revenue for the government over 10 years with its myriad of taxes — except that no one is signing up. The Democrats look bad, and the Congressional Dems are warming to the idea of a one-year delay, the very thing that many Republicans have been calling for ad nauseum.
What is Harry Reid to do? Why, talk about sequestration, of course. Let’s talk about how billions in cuts have been made to the government because the Republicans have “refused to compromise”. Let’s put the blame game back on them and off of the Democrats who voted hook, line, and sinker for Obamacare. Let’s stir the pot and talk about how tough sequestration is for everyone. Ergo, we need to fix the government budget with more revenue.
Pay attention folks. The Democrats are frustrated because of Obamacare right now. In the coming weeks, we’ll see renewed energetic
playbook buzzwords talks of a “balanced approach”, a “compromise”, and a “grand bargain” approach to budget discussions…except that the only approach from the Democrats will be a firm call and firm stand for more revenue via tax increases.
Leviathan is wounded. And hungry. And he’s coming for your wallets.