Legal Commentary

Beltway: Obama Reluctance To Raise Taxes On Middle Class Impedes Deficit Reduction

By Big Tent Democrat

Hilarious WaPo story:

President Obama's refusal to raise taxes for the vast majority of Americans [. . .] is making it difficult for him to achieve his goals for reducing the budget deficit, according to administration and congressional sources. [. . .]

"It's a tremendous letdown," said Maya MacGuineas, president of the bipartisan Committee for a Responsible Federal Budget. "The purpose of the fiscal commission is to give politicians cover to do hard things, to pull back from the promises they can't stick to and to be a game-changer that promotes the real policies we need to fix the situation. If the White House returns to the stale debate over untenable promises about what they won't do, then they're not even letting the fiscal commission help them."

Ha! Riiiight, OBAMA's reluctance to raise taxes on the middle class is the problem. Republicans are lining up to raise taxes. If The Deal proved anything, it was that, right? Sheesh. Where were these Serious People during The Deal debate?

This is possibly the stupidest article I have ever read. Of course, it represents the highest order of Beltway thinking and will lead to the conclusion that we need massive spending cuts.

Speaking for me only

Full post as published by TalkLeft on January 14, 2011 (boomark / email).