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Payroll Tax Cut Fight: 'Wall Street Journal' Editorial Rips Boehner, McConnell
The Wall Street Journal editorial page attacked congressional Republicans Wednesday for possibly losing the payroll tax cut standoff to President Barack Obama.
The editorial begins :
GOP Senate leader Mitch McConnell famously said a year ago that his main task in the 112th Congress was to make sure that President Obama would not be re-elected. Given how he and House Speaker John Boehner have handled the payroll tax debate, we wonder if they might end up re-electing the President before the 2012 campaign even begins in earnest.
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PrintSmith wrote: A "progressive" blaming Republicans in an editorial with which another "progressive" concurs. That, my friends, is newsworthy enough that we should all mark this day on our calendars so that our posterity can be informed of the historic event that took place this day.
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That, in fact, is the legislation which passed the GOP controlled House. Not a stopgap measure, as in the Senate, but a full year's extension of the tax holiday. It is the Democrats, not the GOP, that have failed to find a solution thus far for a full year's extension of the tax rate reduction. I, personally, think the Republican Senators made a mistake in helping to pass a mere two month's extension instead of holding Reid's feet to the fire and requiring good faith efforts to iron out a compromise that encompassed an entire year. No sense at all in removing the pressure of an ensuing deadline for the benefit of the Democrats when they persist in digging in their heels that I can see. Why, the Democrats in the House wouldn't even send any representatives to the effort whose goal was to see if there was some common ground with the Senate version that could be found that the Senate would also find agreeable. Compromise requires two sides to give up some ground, otherwise it is not a compromise, it is a concession. A concession on this matter would do far more damage than a refusal to concede simply for political expediency would entail at this point.The Liberals GOP Twin wrote: I think the GOP made a big mistake. They should have agreed to extend these cuts for a whole year.
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pineinthegrass wrote:
PrintSmith wrote: A "progressive" blaming Republicans in an editorial with which another "progressive" concurs. That, my friends, is newsworthy enough that we should all mark this day on our calendars so that our posterity can be informed of the historic event that took place this day.
It's hard to tell if you are talking about the actual Wall Street Journal editorial or the Huffington Post article about it. I assume it's the WSJ editorial since that's what the subject is about.
Anyway, it's hard to call the WSJ "progressive". They tend to be fiscally conservative.
I tend to agree the Republicans are making a big mistake here because they've given the Dems a great opportunity to demonize them, especially after the Repubs in the Senate already approved it by a big margin (and Boehner appears to of reversed himself). But time will tell.
The most interesting thing to me is what will happen with the huge, approx 27%, cut in Medicare payments to doctors which appears to go with this bill. Congress has been delaying that for years. I think something has to give because I just don't see that actually happening.
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