The Opposing Party
By NICHOLAS D. KRISTOF
NYT
Senator Mitch McConnell has a clever plan to resolve the federal debt impasse. Congressional Republicans would invite President Obama to raise the debt ceiling on his own, and then they would excoriate him for doing so.
Hm. Just a bit contradictory?
Meanwhile, the impasse arose because Congressional Republicans thunder against government red ink, yet refuse to raise revenue by ending tax breaks that help Warren Buffett pay a lower tax rate than his receptionist (which he agrees is preposterous).
Another contradiction? Of course.
Senator McConnell’s plan — a pragmatic way to avert a catastrophic default — may be torpedoed by more extremist House Republicans, like Michele Bachmann. They seem to fear that ending tax loopholes for billionaire fund managers would damage a fragile economy. Yet they seem to think that this invalid of an economy would be unperturbed by the risk of a default on our debts.
(More here.)
NYT
Senator Mitch McConnell has a clever plan to resolve the federal debt impasse. Congressional Republicans would invite President Obama to raise the debt ceiling on his own, and then they would excoriate him for doing so.
Hm. Just a bit contradictory?
Meanwhile, the impasse arose because Congressional Republicans thunder against government red ink, yet refuse to raise revenue by ending tax breaks that help Warren Buffett pay a lower tax rate than his receptionist (which he agrees is preposterous).
Another contradiction? Of course.
Senator McConnell’s plan — a pragmatic way to avert a catastrophic default — may be torpedoed by more extremist House Republicans, like Michele Bachmann. They seem to fear that ending tax loopholes for billionaire fund managers would damage a fragile economy. Yet they seem to think that this invalid of an economy would be unperturbed by the risk of a default on our debts.
(More here.)
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