News Article

Teetering on the Cliff - tax bill failure reflects Obama's failure to negotiate seriously

Teetering on the Cliff
Via online.wsj.com/home-page » Submitted On Fri, 12/21/2012 - 7:03pm by Norman Wolfe

Issue: Tax Reform

Republicans pulled their Plan B tax bill from the House floor late Thursday, announcing that they lacked the votes to pass it and won't return to Washington until after Christmas. The White House may chortle that the GOP is in disarray, and it is, but this failure to govern also owes much to President Obama's failure to negotiate with any degree of seriousness.  If Washington now goes off the tax cliff, Mr. Obama may not enjoy the plunge as much as some of his partisans believe.

Comments

Unfortunately this country is due for a huge re-set and a lot of people are in for a rude awakening. I say go head first off the cliff. Taxes are going up on everyone. It is the spending that has to be first controlled and ultimately drastically reduced.

 … More
1 year 9 months ago
Log in or Register to write a comment.