Hope no one tells Uncle Grover. The GOP refused to bite on any "Grand Bargain" last Summer and Mitt Romney who dreams of being Panderer in Chief had at a GOP debate during the primary piously declared he would not take any deal with tax hikes even if it was weighted 10 to 1 in favor of spending cuts:
"During the primary, Romney opposed using new revenue from closing so-called tax loopholes to pay down the debt and said he’d oppose a deficit deal even if the ratio of spending cuts to tax increases were 10:1."
"Some Romney allies see things differently."
“I’d take that deal,” Sen. Bob Corker (R-Tenn.) deadpanned last week.
Read more: http://www.politico.com/news/stories/0512/76844.html#ixzz1wNicFzFO
Really Bob? Where were you last Summer? Back then House Speaker Boehner during the day was Dr. No and at night he was working with the President.
Of course ultimatley Cantor and company killed off any bargain Grand or less Grand.
"Interviews with more than a dozen Senate Republicans show a growing openness to higher tax revenues to reach a so-called grand bargain on overhauling Medicare, other entitlements, discretionary spending and the Tax Code. On top of that, a small group of House GOP freshmen are balking at conservative activist Grover Norquist’s anti-tax pledge, while six Republican senators recently declined to sign a GOP letter calling for the immediate extension of the Bush-era tax cuts.
All of this points to shifting politics in the tax debate, as Democrats pummel the GOP for opposing tax hikes on millionaires and billionaires. Increasingly, Hill Republicans are signaling flexibility on taxes ahead of another major budget fight."
“Nobody wants to raise taxes, but the question is can you lower tax rates, lower loopholes and deductions and apply that to debt reduction? I think the answer is yes,” said Sen. Lindsey Graham (R-S.C.). “If our position is every time you eliminated deductions and exemptions, all of it has to go to bring down rates, how do you pay off the debt?”
Read more: http://www.politico.com/news/stories/0512/76844.html#ixzz1wNjHz6w5
Well gee wilikers. I mean yeah! That's what we've been asking you guys for a year and a half Senator.
"Of course, there is no deal yet, and Republicans could well reject any proposal calling for higher taxes once it materializes. But with the national debt poised to top $16 trillion, Bush tax rates set to expire and $1.2 trillion in automatic spending cuts poised to take effect in 2013, many on the Hill believe that a major deal can’t be reached without GOP give on taxes."
Read more: http://www.politico.com/news/stories/0512/76844_Page2.html#ixzz1wNk8Fs00
Again as I've suggested in the past, this year the Dems have the GOP over the barrel as we have a hostage we can shoot this time and the Republicans may not be able to-the Bush tax cuts.
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