Mitch McConnell, the Senate Republican leader, says he “burst into laughter” Thursday when Treasury Secretary Tim Geithner outlined the administration proposal for averting the fiscal cliff. He wasn’t trying to embarrass Geithner, McConnell says, only responding candidly to his one-sided plan, explicit on tax increases, vague on spending cuts.
Geithner’s visit to his office left McConnell discouraged about reaching a “balanced” deal on tax hikes and spending reductions designed to prevent...
And we're borrowing now with the plan to pay off our bonds when we recover. What's the difference? The main difference is that when we recover, we'll be the only knowledge economy in the world
- Quotes of the day Allahpundit 3 hours ago
- Sotloff “fixer”: Americans never contacted me after his abduction Ed Morrissey 4 hours ago
- David Cameron to Scotland: Baby, don’t go. Mary Katharine Ham 4 hours ago
- Confirmed: You can tell someone’s politics by their body odor Allahpundit 5 hours ago
- Oh my: I think Romney’s going to run, says top Wall Street backer Allahpundit 6 hours ago
- Election forecasters bearish on GOP? Senate models looking more Democratic by the day Noah Rothman 7 hours ago