Thread: Economics The Fiscal Cliff Approacheth
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Old 12-21-2012, 05:26 PM   #644
BucEyedPea BucEyedPea is offline
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Quote:
Originally Posted by Direckshun View Post
I should mention a new angle that's getting some traction amongst commentators today:

Boehner's Plan B was loaded with Republican valentines, and one minute Republican compromise: a millionaire tax. House Republicans had about a 60/40 split against it, but that indicates that 40% of the House GOP can deal pragmatically.

If that's the case, Boehner has just proven that the Tea Partiers won't negotiate, so he can plow forward to carve out a centrist deal with the 40% of pragmatic Republicans and the House Democrats.

That's a plausible way forward, but it moves negotiations back even stronger into Obama's hands, and it means Boehner might not be the Speaker for much longer.
The House does not have to negotiate. It's their job to come up with a budget and Obama can veto it if he wants.
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