Posted on | January 1, 2013 | 13 Comments
Excuse my failure to comment previously on the Glorious Passage of the Great Compromise in the Senate, but I’ve been working on an American Spectator column about this shameful travesty while waiting to see what the House does. Nancy Pelosi, Steny Hoyer and other House Democrats just gave a press conference demanding an up-or-down vote on the Senate bill. The Congressional Budget Office estimates the Senate bill would provide a pathetic $620 billion in additional revenues over the next decade, while providing an even more pathetic $15 billion in spending cuts. (Insert punchline here.) Sen. Rand Paul sums it up:
“Mark my word, you will raise tax rates and you’ll feel good because you went out there and you got those rich people. . . . You campaigned against rich people and you got enough envy whipped up in the country, and you’re going to stick it to those rich people. But guess what? You may not get any more revenue. You may not get any more economic growth. But you can say, ‘I stuck it to the rich people.’”
Damn the Democrat Party. Damn them all to hell.
What Breitbart understood, and what all too many establishment Republicans and even conservatives don’t, is that there is no accommodating the left . . . The left is hellbent on fundamentally transforming the country into a socialist utopia which has never succeeded anywhere it has been tried, and the press is determined to help them do that. Folks, no matter what you do, they’re going to hate you . . . So you might as well do the right thing and follow your beliefs and principles.
Damn the Republican Party. Damn them all to hell.
UPDATE II: Oh, wait, CBO has re-calculated its estimate:
The Senate deal to avoid the “fiscal cliff” will add roughly $4 trillion to the deficit when compared to current law, according to new numbers from the Congressional Budget Office (CBO). . . .
The CBO says the budget agreement will lead to an overall increase in spending of about $330 billion over 10 years. . . .
White House officials and lawmakers who voted for the bill argue the bill would raise $620 billion in new tax revenue compared to current policy.
Which is to say, they lied. Damn them all to hell.
UPDATE III: The ritual kabuki dance continues: House Republicans are demanding that additional spending cuts be added to the Senate bill, and the amended bill would then have to be sent back to the Senate for yet another vote
This is screwing up my plans to file my American Spectator column and be done with this godawful mess. Damn them all to hell.