Why do we need a deal?
Perhaps the best way forward for the GOP addressing the “fiscal cliff” is to play small ball and just pass bills patching specific items. One bill that extends the expansion of the family tax credit, one that preserves the 10% tax bracket, one that extends the payroll tax cut, and also bills extending the capital gains and dividend tax cuts. Clean bills that don’t do | Read More »
House should pass a bill to tax the rich and repeal Obamacare.
The House should pass a bill that repeals Obamacare while giving Obama everything else he wants from the fiscal cliff policies. I expect even Grover Norquist would approve of that tradeoff. The bill would repeal the Bush tax cuts on those earning over $250,000 per year while making the rest of them permanent, extend the unemployment benefits, repeal the sequesters, and do whatever Obama’s latest | Read More »