Are Republicans about to cave on the extension for the middle class tax cut and unemployment? That’s the word from our highy credible sources on capital hill right now:
(TheNote) — My prediction: House Republicans will soon – probably within 24 hours – cave in and accept the two-month extension of the payroll tax cut passed last week by the Senate. I base this on conversations with House Republicans who know they are losing the public relations battle and losing it badly. They know they are taking the blame for a stand-off that threatens to raise taxes on 160 million Americans. And they cannot let that happen.
Will no one on the Democratic side snatch defeat from the jaws of victory? This goes against all my experience…
If you’re going to be the party of cutting taxes, then cutting taxes for a few people and raising them for a whole bunch more, many of them voters, is counter-productive.
This is shameful! Republican speaker of the house cuts microphone, then C-Span cameras when Democrat ask for a vote on Payroll Tax cut.
@ ^ Randomfactor :
Shush! Don’t let them answer that question! Please!
The Republicans have managed to finally make their position clear enough that it does not hold up to the light of day.
Republicans living in a cave? Yep.
Gathered together with several species of small furry animals and grooving with a Pict? Likely not.
They are looking for a face-saving way out. My hunch is that they’ll use Grover Norquist to publicly admonish them for letting taxes increase against their pledge.
Once passed (and it may be that Obama caves a little and throws in sweeteners), they’ll be back to business as usual