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House is entrenched against tax increases
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Post House is entrenched against tax increases
House is entrenched against tax increases,[link widoczny dla zalogowanych]
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WASHINGTON - The elections Tuesday may have secured a second term for President Obama while strengthening Democrats' control of the Senate, but judging from their reactions Wednesday,[link widoczny dla zalogowanych], House Republicans don't seem any more willing to give ground on the economic battles ahead.
The lame-duck session that starts next week will force Washington to grapple with the expiration of $500 billion in tax cuts and the first wave of $1,[link widoczny dla zalogowanych].2 trillion in spending cuts.
To reach any kind of consensus,[link widoczny dla zalogowanych], the two parties will have to figure out whether to increase taxes on the wealthiest Americans. Obama said throughout his campaign that tax hikes are necessary, but House Speaker John Boehner tried to strike a conciliatory tone while shooting down the possibility of any tax hikes.
"There are two paths we can take to get the revenue the president seeks,[link widoczny dla zalogowanych]," Boehner said. "Feeding the growth of government through higher tax rates won't help us solve the problem. Feeding the growth of our economy through a better and cleaner tax code will."
With some races still undecided Wednesday,[link widoczny dla zalogowanych], Democrats had picked up seven seats in the House. from going over the so-called "fiscal cliff." But,[link widoczny dla zalogowanych], as McCarthy explained,[link widoczny dla zalogowanych], they want a compromise that "avoids raising taxes on the American people and job creators."
A group of conservative leaders meeting in Washington was more blunt. "It's a simple formula," said Brent Bozell,[link widoczny dla zalogowanych], founder of the Media Research Center. "When you compromise in their direction, you lose. When you compromise in our direction, you win."
The two sides are facing an epic battle in the final weeks of the year. Almost every tax cut enacted since 2001 will expire on Dec. 31,[link widoczny dla zalogowanych], including the Bush-era tax cuts, the 2009 stimulus tax cuts and others. businesses.
"The president, I believe, has won a mandate,[link widoczny dla zalogowanych]," Engler said Wednesday. "I think the Republicans, while being the loyal opposition, are in the minority in government and are going to have to do as the business community and others interested in the country moving ahead,[link widoczny dla zalogowanych], and that's work together to get some of this nation's big problems behind us."
Rep. Sandy Levin, D-Mich.,[link widoczny dla zalogowanych], said the reaction of House Republicans showed they were not interested in a responsible compromise. "We need tax reform,[link widoczny dla zalogowanych], but not as an excuse for continued stalemate as the fiscal cliff approaches,[link widoczny dla zalogowanych]," said Levin, a member of the Ways and Means Committee.
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