WASHINGTON — With little more than a week for lawmakers to avert huge tax increases and spending cuts, attention is turning from the gridlocked House to the Senate, where some Republicans on Sunday endorsed President Obama’s call for a partial deal to insulate most Americans from the tax increases but defer a resolution on spending.
Senator Kay Bailey Hutchison, Republican of Texas, and Senator Johnny Isakson, Republican of Georgia, implored Senate leaders to reach an accommodation with Obama when Congress returns on Thursday, even if that means that taxes would go up for those with high incomes but that spending cuts would be put off.
Comments
We don't seem to have a government that is interested in governing. Too little too late seems to be Washington's guiding principle.
A deal will be done. They will go past the Jan 1 deadline causing the markets to plummet, business leaders to howl and the polls showing people blaming mostly the Republicans. Then and only then will they do something. Its hard for some people to accept reality. Thirty years of trickle down policies have resulted in the biggest gap between the 1% and the 99% since the 1920's. This is a very strong habit to quit when you had dreams of ending Social Security, Medicare, Medicaid, minimum wage laws, unions, workmen compensation, Obamacare, etc. A society that only values wealth and nothing else is a dream for many people. Just not the majority