Real Clear Politics: VIDEO: Reid on Joint Committee, Tax Hikes
“We’ve had too much talk the last few days of Republicans as early as this morning, Republican leaders in the Senate saying there will be no revenue. That’s not going to happen. Otherwise, the trigger is going to kick in. The only way we can arrive at a fair arrangement for the American people with this joint committee is to have equal sharing. It’s going to be painful. Each party if they do the right thing, it’s going to be painful for them because to be fair, we have to move forward. There has to be equal spending cuts, there has to be some revenue that matches that,” Sen. Harry Reid (D-NV) said on the floor of the Senate right before voting started on the debt deal.
Speechless, again. The audacity of these people. Stop substituting “revenue” for “taxes.” Stop saying “equal sharing” or “shared sacrifice” when you mean “raising taxes on the top ten percent, who already pay half of the taxes.” For crying out loud, it’s just glaringly dishonest, and it needs to stop.
For those of you who are disappointed at the debt deal (and, believe me, I understand your frustration with it) and insist that there is truly no difference between the political parties, consider the following distinguishing factor, on full display today and every day for the past three years, but especially during the recent negotiations: The Republican Party desperately wants the American people to learn and understand the underlying facts behind our fiscal crisis; the Democratic Party desperately wants to enjoin the public from gaining the very same knowledge. That distinction alone should be enough to convince you of who to back–albeit reluctantly, in some cases–in this fight.
By the way: I touched upon the likelihood of tax increases as part of the debt deal HERE. Look for more on that later, though admittedly any work at AR is at the mercy of some work I’ve taken home for a big hearing on Monday.