James Pethokoukis

Politics and policy from inside Washington

Is the Obama-GOP tax deal about to collapse?

December 9, 2010

Things may be going swimmingly in the US Senate, but not so the House:

WASHINGTON (Reuters) -House of Representatives Speaker Nancy Pelosi will not bring President Barack Obama’s current proposed tax plan up for a vote in her chamber, an aide said on Thursday.

The aide said Pelosi would require changes be made to the measure that most of her fellow House Democrats formally opposed by approving a resolution of opposition to it. The aide said: “She (Pelosi) will honor the resolution.”

It’s simple: If the Bush tax cuts are not extended, the US risks falling back into recession next year. At the very least, the markets believe that and will act accordingly. Not to mention what a disaster this would be for the Obama presidency:

The obvious lesson, if the deal collapses, will be that Obama can’t deliver anything – he can be pushed into compromise with GOP priorities, as he wouldn’t before the election, but he can’t bring along his own caucus, which has suffered so many losses for following his lead. Liberals will learn that they are better off striking their own distance from an unpopular and increasingly impotent leader. And heavy liberal opposition to the deal will make it impossible to blame DeMint or Republicans for the collapse, and will encourage conservatives to push for even fewer compromises with Obama in 2011. That calculus of legislative forces will make it hard for Obama to plan for the other leg of the Clinton strategy, a budget battle in which the GOP blinks. Obama can try to use the whole mess to argue that “Washington is broken” and all that, but it’s a hard argument to make from the Rose Garden.

By failing to ensure ahead of time the support of his own caucus, President Obama may have shot himself in the foot in dealing with the Republican-controlled House even before the new majority is sworn in.

Comments

Republicans (the GOP – Grand ‘Ol Party – a very high-sounding name indeed) too often hold themselves as more righteous and intelligent than others in leading America. Yet GOP has led reckless actions resulting in the millions of Americans losing their jobs, and many more losing their lives to an endless, illegal invasion of another country (based on lies). Few Republicans are concerned more with the real well-being of this country and the health of its citizens than with winning elections and otherwise amassing wealth and power. It’s an insane game that is destroying us. See http://www.youtube.com/watch?v=H5OtB298f HY

Posted by tcjacobs | Report as abusive
 

Republicans (the GOP – Grand ‘Ol Party – a very high-sounding name indeed) too often hold themselves as more righteous and intelligent than others in leading America. Yet GOP has led reckless actions resulting in the millions of Americans losing their jobs, and many more losing their lives to an endless, illegal invasion of another country (based on lies). Few Republicans are concerned more with the real well-being of this country and the health of its citizens than with winning elections and otherwise amassing wealth and power. It’s an insane game that is destroying us. See http://www.youtube.com/watch?v=H5OtB298f HY

Posted by tcjacobs | Report as abusive
 

Republicans (the GOP – Grand ‘Ol Party – a very high-sounding name indeed) too often hold themselves as more righteous and intelligent than others in America. Yet GOP has led reckless actions resulting in the millions of Americans losing their jobs, and many more losing their lives to an endless, illegal invasion of another country (based on lies). Few Republicans are concerned more with the real well-being of this country and the health of its citizens than with winning elections and otherwise amassing wealth and power. It’s an insane game that is destroying us. See “Sen Bernie Sanders Amazing Speech!” on You Tube.

Posted by tcjacobs | Report as abusive
 

Batthardbahn (first comment), it does not strike me as intelligent to think our politics in America is all about winning elections and thinking that you (or the GOP – The Grand ‘Ol Party – quite a high-sounding name, yes?) are better than others (and throwing our insults). Politics is supposed to be a competition for the best ideas for America and its PEOPLE – and a process that discerns lies from truth (with the help of an ethical and responsible press) so that we can throw out liars and leaders who are only legislating on behalf of their own best interests. For an education, see “Sen Bernie Sanders Amazing Speech” on YouTube.

Posted by tcjacobs | Report as abusive
 

Bernie Saunders has the right idea. Reject for now, and then insist on a proper deal in January with threat of filibuster in the Senate and Veto from President Obama.

Posted by donlwa | Report as abusive
 

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