The Republican Party seems to be in a no-win situation
with this whole fiscal cliff fiasco. A
Quinnipiac poll taken two weeks ago indicated that voters would blame
Republicans for failure to avert the fiscal cliff disaster by a margin of
54-27. It’s no wonder, given the fact
the media seems to focus primarily on Obama’s proposal to raise taxes on the “rich” but extend tax cuts, currently set
to expire at the end of the year, for others versus the Republicans opposition
to raising tax rates. This focus seems
to paint the Republicans as bad guys, willing to sacrifice the country in order
to protect their rich friends. But is that really what’s going on?
I wondered about the differences between Obama’s proposal
and the Republican proposal. It appears
the Republicans are proposing deeper spending cuts than the President and
increasing tax revenue through an overhaul of the tax code; this overhaul
includes lower tax rates plus an extension of the expiring tax cuts. The President is proposing spending cuts, although
less than the Republicans, but also proposing new spending of $200 billion in
new economic "stimulus" initiatives, including payroll tax cuts,
continued write-offs of business equipment purchases, extended unemployment
benefits, help for borrowers "under water" on their mortgages, and
new spending on infrastructure. In addition, the President wants the ability to
increase the government’s debt limit without approval from Congress.
Although there are differences, it seems that both sides,
if willing to compromise should be able to reach a solution. But the actions of
some in Washington suggest scoring political points is more important to them
than solving the country’s problems. On
December 5th, Mitch McConnell (R- Kentucky), took to the floor of the Senate and suggested an
immediate vote on the plan that Obama offered up to Congress on November 29th. Senate Majority Leader Harry Reid (D-Nevada),
immediately objected and shut down any chance to vote on the plan, calling it a
Republican “stunt.”
Both the President and the
Majority Leader are from the same party, so why wouldn’t Senator Reid allow a
vote? Does Senator Reid not agree with
the President’s plan? Or is the Senator
just playing politics?
I suspect the good Senator
is playing politics. Earlier this month,
he stated "We are willing to compromise, but we also will not consign the
middle class to higher tax bills while millionaires and billionaires avoid all
the pain." On December 20th,
Senator Reid, explained the Senate’s inaction on Republican’s “Plan B” proposal
by saying, "We are not going to do anything." He later added,
"We are not taking up anything they are working on over there." Considering that Plan B is similar to an
earlier Democratic proposal, why wouldn't Reid want to take it under
consideration, especially if it helps the country avoid the cliff.
In the last three years, the
Senate, under Reid’s leadership, has not passed a federal budget, so I am not
surprised at his “do-nothing” comments. And,
according to a Wall Street Journal article titled, “How ‘Cliff’ Talks Hit the
Wall,” the President is prepared to use his upcoming inaugural speech and State
of the Union address to blame Republicans if a deal isn’t reached.
None of that sounds like
people who are trying to avert an economic disaster. It sounds like people who don’t care what
happens to the American public so long as they can blame someone else. It’s
time for members of Congress and the President to stop the games and do
something to keep the country from going over the cliff. Not just short term
solutions, but real, meaningful, long-term solutions that stabilize the economy
and fully fund the government’s obligations.
Tell our Congressional
leaders it’s time for solutions. Contact
your Senator (www.senate.gov) or
Congressman (www.house.gov) and
tell them what you think. Better yet,
call (202-456-1111) or email (http://www.whitehouse.gov/contact/submit-questions-and-comments) the President and let him know you want
solutions, not games. Failing to avert
the cliff will cost us all.
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