This has to just freak out the Rommey campaign. Former President Clinton outlining, in detail, how Mitt Romney’s $5 trillion tax cut will mean that middle class families with children will get an average tax increase of $2,000 to pay for $250,000 in tax cuts for multi-millionaires and billionaires.
Via David Firestone at the New York Times: Republicans aren’t just in favor of lowering taxes; now they’re applauding wildly complex efforts by the wealthiest Americans to avoid paying billions in taxes by shipping capital to other countries. “It’s really American to avoid paying taxes, legally,” said Senator Lindsey Graham, Republican of South Carolina, on Tuesday. He […]
Before the Supreme Court upheld the Affordable Care Act last week, the primary Republican line of attack against were over-the-top hyperbolic, but at least subjective: government takeover of health care, unconstitutional overreach, etc. But from the moment the SCOTUS determined the law stands as an exercise of Congress’ taxing power, though, Republicans have gone empirical. […]
You just can’t make this shit up: The White House is “all talk, no action” on moving toward compromise, said Anthony Picarello, general counsel for the U.S. Conference of Catholic Bishops. “There has been a lot of talk in the last couple days about compromise, but it sounds to us like a way to turn […]
Via David Frum: Then, as Republicans discovered the power of their new tool, the president decided to assume they were bluffing, that they would never actually do anything so reckless. Waking up to the reality of the situation too late, he commenced bargaining by offering what he assumed would be an irresistible deal. Wrong again. […]
Ezra Klein of the Washington Post, who is wise beyond his years, notes a few things about the Balanced Budget Amendment the Republicans seem to be so proud of: Bruce Bartlett takes a look at the Balanced Budget Amendment all 47 Republicans signed their names to and pronounces it “quite possibly the stupidest constitutional amendment […]
Republican lawmakers vowed “no retreat” on their Medicare privatization plan yesterday despite some recent setbacks, “saying they needed to attack the Democrats’ Medicare position more forcefully, rather than back off their own plan.” Rep. Cliff Stearns (R-FL) explained, “It’s a wake-up call on how you frame it. It obviously wasn’t framed right.”