SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Politics : President Barack Obama

 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: stockman_scott who wrote (96295)7/8/2011 4:32:01 PM
From: koan  Read Replies (1) of 149317
 
What weakness has wrought! Scroll down to italics.

cnn.com

Leading Democrats in Congress have long argued they will agree to massive spending cuts only if Republicans agree to tax increases. Lately, Democrats have been floating the idea that the GOP should agree to as much as $1 trillion in revenue increases as part of the $4 trillion package. But Republicans are virtually united in opposing any tax increases, much less $1 trillion. It is almost impossible to foresee them backing down now, no matter how many sweeteners they are offered.

""In fact, what Republicans actually hope is that the Democrats will once again give in, led there by the president. ""

That is what happened last year when Obama persuaded his party to give up on tax increases on the affluent and instead continue the Bush tax cuts for everyone. Boehner's 50-50 estimate appears to rest on the chance that a similar scenario will unfold now -- that Obama will cajole his party into big-time comprom
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext