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Behind the Scenes: Last Night's Meltdown

Mary973 Wrote: Dec 21, 2012 5:16 PM
If we go over the cliff, they are raising taxes on everyone!
Earl29 Wrote: Dec 21, 2012 6:16 PM
No, they are not. Those were temporary tax cuts which are scheduled to expire, but no current action by the Congress will raise them. The Republicans do not want them to go up on anyone; the Democrats do want them to go up on the successful. The Democrats believe in taxing success and subsidizing failure.

Two groups are elated over the sudden and dramatic demise of John Boehner's "Plan B" in the House of Representatives last night: Liberals -- who are thrilled to see their opponents in utter shambles -- and hardline conservatives, who view the development as a principled victory and a much-needed rebuke of the GOP's weak-kneed leadership.  National Review Washington Editor Robert Costa was on the Hill during the collapse, and filed a must-read story about how it all went down.  In short, a demoralized Boehner stunned the caucus with a brusque announcement that he was pulling the bill.  The...