Any negative economic repercussions from expiring unemployment benefits and unpaid government contracts will be entirely the fault of Republicans as we approach a new year, a new higher-paid undeserving congress (and many well-deserving federal employees), and the era of the Barack Obama tax cuts:
He had moved off his initial demands for revenue (once $1.6 trillion, now $1.2 trillion), agreed to entitlement reforms (reduced Social Security benefits) and already signed hefty spending cuts ($1 trillion as part of the Budget Control Act in 2011). For all that, he added, he was still waiting for Republicans to come closer to halfway.
Republicans don't want Billionaires to pay more taxes on anything over $250,000, even though they'll get that same cut on anything under $250,000, as though a Billionaire gives one hoot about that kind of chump change.
And that's the principle that Doug Lamborn, Scott Tipton, Cory Gardner and Mike "My health care works" Coffman are standing for. |