Will The GOP Hold Obama's Middle Class Tax Cuts Hostage For Tax Cuts For The Wealthy?
Congress is back in session today, and it's got a lot on its agenda. A food safety bill, for instance. The Bush tax cuts. An infrastructure bank. Ratification of the START treaty. But as Brookings' Thomas Mann says in this preview, they're not likely to actually do any of it.
Of all those issues, only one has political resonance - the Obama tax cuts for the middle class. The rest will surely be put over for a lame duck session, if they are passed at all.
Here is the one time where Democrats get to be for tax cuts and can force Republicans to oppose tax cuts. And if nothing happens because the Republicans hold the Obama middle class tax cuts hostage for tax cuts for the wealthy, what happens is the Bush tax cuts lapse as scheduled. If the Democrats and the President can not win this issue, then they should just disband the Democratic Party.
Speaking for me only
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