The Big Republican Cave-In

Interesting tidbit from Joe Scarborough this morning. A couple years ago, idealistic Republicans turned down a great deal from President Obama–$1 in tax increases for every $10 in spending cuts. The other day, they settled for $43 in tax increases for every $1 in spending cuts.

It’s funny hearing Grover Norquist try to rationalize that Republicans didn’t actually vote for a tax increase. His whole existence is predicated on his famous no-tax pledge. If Republicans have now repudiated the pledge, Grover becomes irrelevant. So he’s trying to contort reality to convince people that his pledge is still in place, and he therefore counts.

Meanwhile…I wouldn’t want to be John Boehner right now. Everybody, right and left, is shooting at him.

And then, this gem from columnist Ezra Klein:

“What’s the record of the 112th Congress? Well, it almost shut down the government and almost breached the debt ceiling. It almost went over the fiscal cliff (which it had designed in the first place). It cut a trillion dollars of discretionary spending in the Budget Control Act and scheduled another trillion in spending cuts through an automatic sequester, which everyone agrees is terrible policy. It achieved nothing of note on housing, energy, stimulus, immigration, guns, tax reform, infrastructure, climate change or, really, anything. It’s hard to identify a single significant problem that existed prior to the 112th Congress that was in any way improved by its two years of rule.”

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