Posted on 11/09/2012 8:57:03 PM PST by tobyhill
In the wake of President Barack Obama's electoral victory, gleeful Democrats believe that the impending "fiscal cliff" has Republicans trapped into finally accepting higher tax rates. But as Senate Minority Leader Mitch McConnell sits for an interview in his Capitol office 48 hours after the election, one thing is certain: He is in no way chastened by Tuesday's results. If Mr. Obama wants fiscal hand-to-hand combat, he will get it.
"Let me put it very clearly," says the five-term Republican senator from Kentucky. "I am not willing to raise taxes to turn off the sequester. Period." On Jan. 1, Washington faces both a huge tax increase and an automatic spending cut known as the "sequester," which could tip the economy back into recession. A newly emboldened President Obama is likely to take his soak-the-rich case straight to the people, I remind the senator. The political pressure to capitulate could become intense.
"Look, he may think it would be helpful to his presidency to continue to divide and demonize us," says Mr. McConnell. "But my answer will still be short and firm: No. We won't agree to any tax increases that will hurt the economy."
(Excerpt) Read more at online.wsj.com ...
SHUT.....IT.....DOWN.
The Democrats have already stated that they are going to change the Senate rules to prevent the minority party from being able to stop the majority.
Right on Mitch! No new taxes!!
Amen! SHUT IT DOWN!!
still has to go through the house and Boehner won’t raise taxes. That’s his job, not rasing taxes.
Blah blah, blah blah, says Mitch.
Words to sooth us.. But a lie nonetheless.
Blah blah, blah blah, says Mitch.
Words to sooth us.. But a lie nonetheless.
What do the Republicans have to lose? They are pretty much at rock bottom right now anyway, might as well go scorched Earth.
ObamaCare will raise plenty of taxes anyway.
What happened to Mitch? Did he decide he didn’t want IRRELEVANT as his legacy?
How will the gov't collect taxes if it's shut down?
But, Obama has to pay his bundlers. Bonehead has been funding the payments to them, he must have a couple of more “caves” left in him.
Anyone who thinks otherwise hasn't been paying attention.
To do “nothing” raise taxes on EVERYBODY, not just “the rich.”
The GOP is a toothless tiger cub
they refuse to even raise a voice against a stolen election
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