Gotta’ love the GOP. One day after the election and John Boehner is already agreeing to raise taxes.
Remember the last time this happened, we were told that while Boehner agreed to raise the debt limit and Obama promised to one day maybe sorta’ decrease spending but actually wouldn’t, it was a victory because Boehner changed the conversation.
CNBC reports:
House Speaker John Boehner offered Wednesday to pursue a deal with a victorious President Barack Obama that will include higher taxes “under the right conditions” to help reduce the nation’s staggering debt and put its finances in order.
“Mr. President, this is your moment,” Boehner told reporters, speaking about the “fiscal cliff” that will hit in January. “We want you to lead.”
Boehner said House Republicans are asking Obama “to make good on a balanced approach” that would including spending cuts and address government social benefit programs.
Repeat after me, raising taxes in a recession is…BAD. So this is what to expect for the next four years. It’s going to be a long four years.
I guess this kind of thing needs to be done. Elections have consequences and all.
It’s nice to see Obama’s making room in the handbasket for Boehner.