Obama’s fiscal cliff proposal no more serious than his budgets
The Senate, under Harry Reid, has been called the Do-nothing Senate, because they have done so very little actual legislative work. Fans of limited government won’t necessarily be disappointed by that—the less government does, generally speaking, the better. But one item on the agenda each year is something they should do: pass a budget. (Indeed, they are legally obligated to, but who will punish them for it? Where is the “controlling legal authority” over them?)
For all of their unseriousness about the budget process over the last three years, the one thing that the Democrats have taken even LESS seriously is Obama’s budget proposals. During his first term, the president’s budget proposals garnered exactly zero votes from Democrats in Congress. The budgets were so absurd and unserious that no Democrat wanted his or her name attached.
That’s how Obama rolls. His proposals aren’t serious—they are designed for bare-knuckled, Alinskyite, brinksmanship purposes only. And this tactic of his is now in evidence in his entirely unserious fiscal cliff proposals.
Four hundred billion in spending cuts is like forgoing the monogramed towels in the 16th bathroom of a 52,000 square foot house. It’s nothing.
However, 1.6 trillion in taxes and spending is not nothing. It will be devastating to the economy and to our debt load. And the new revenue won’t do anything to reduce the deficit, even if it did actually come in the way their static analysis models suggest it will, and even if they devoted it to deficit reduction, which they won’t.
Barack Obama is not serious about this proposal, except insofar as he thinks he can harm the Republicans with it.
Speaker Boehner sees it for what it is:
Speaker Boehner: President Obama Has an Obligation to Offer a Proposal That Can Pass Congress
WASHINGTON, DC – House Speaker John Boehner (R-OH) released the following statement on the status of fiscal cliff negotiations.
“If the President really wants to avoid sending the economy over the fiscal cliff, he has done nothing to demonstrate it. Instead, he has offered a plan that could not pass either house of Congress – not the House of Representatives and not the Democratic-controlled Senate. The day after the election, I said that Republicans are willing to make concessions, but the President must be willing to lead. With our latest offer we have demonstrated there is a middle ground solution that can cut spending and bring in revenue without hurting American small businesses. The President now has an obligation to respond with a proposal that does the same and can pass both chambers of Congress. We’re ready and eager to talk with the president about such a proposal.”