Democracy is two lions and a lamb voting on lunch.
The House can adjourn, and it kills this Senate Bill for all time.”
If this is all they need to do, what don’t they just walk out? It is all they have left anymore. Just curious.
They are afraid that Obama, and the willing media, will blame tax increases on Republicans.
The impasse is because Republicans are finally coming around to realize what the rest of us knew all along, that Obama wanted the rates to go up so that he could claim to be the one who lowered them.
By letting the rates expire and go up, they would no longer be the "Bush Tax Cuts." Then, Obama and the Democrats can lower the rates back to the exact same levels, but we'll now call them the "Obama Tax Cuts."
Amazing, huh, that Obama can make the Bush tax cuts into the Obama tax cuts without doing a thing?
The question is whether the House has the fortitude to take back the narrative. Since the Bush Tax Cuts are no longer, and knowing that Obama wants his legacy of being a tax cutter and not an out-of-control spender, they should use that desire against Obama in negotiations and force him to give in on spending.
Otherwise, the House better brace for an onslaught from both sides.