SMRs and AMRs

Sunday, September 12, 2010

Did Boehner crack under the pressure?

House G.O.P. Leader Signals He’s Open to Obama Tax Cut

By DAVID HERSZENHORN
NYT

WASHINGTON — The House Republican leader, Representative John A. Boehner of Ohio, said on Sunday that he was prepared to vote in favor of legislation that would let the Bush-era tax cuts expire for the wealthiest Americans if Democrats insisted on continuing the lower rates only for families earning less than $250,000 a year.

Speaking on “Face the Nation” on CBS, Mr. Boehner made clear that he supports continuing the lower tax rates at all income levels and that he believes the Democrats would be making a mistake by increasing taxes on anyone, given the weak economy.

But Mr. Boehner said that absent any other option, he would vote in favor of legislation proposed by President Obama, House Speaker Nancy Pelosi and other Democratic leaders who say they want to continue the lower rates only for Americans they regard as middle class.

“If the only option I have is to vote for some of those tax reductions, I’ll vote for them,” Mr. Boehner said, in response to questioning by the television show’s host, Bob Schieffer, who pointedly asked if Republicans were willing to hold the tax breaks for most Americans “hostage” to insist on continuing the lower rates for the highest earners.

(More here.)

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