Loc: Alexandria, VA
Unlike the bill on they have now, in the 113th Congress a new bill for the $200K/$250K limit allows for a vote to CUT taxes only. They can argue all they want about subsequent tax cuts for higher wage earners and spending cut offsets.
You're assuming the House will act with reason, which it has demonstrated as late as this afternoon it is disinclined to do. Since they were willing to hold hostage not raising taxes on everyone else for not raising taxes on the 1-2%, I don't really see where they wouldn't also hold hostage cutting taxes for everyone else for cutting takes on that same 1-2% ...
It would be nice to think they actually pay attention to public opinion, but that obviously hasn't had much of an impact so far, so I'm not sure it's reasonable to expect them to suddenly start paying attention moving forward ...
In other news, Senate leaders say they're done for this Congress, so either the House passes the existing bill by Thursday or we get to start all over from scratch. Which, if the House is going to keep acting like spoiled little brats, probably wouldn't be such a bad idea =P
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