Supercommittee members trade blame for impending failure
With the congressional "supercommittee" ready to admit defeat, lawmakers are pointing fingers for the failed experiment in every direction.
Republicans are decrying President Obama's limited involvement in the negotiations and the Democrats' insistence on raising taxes. Members of the president's party, meanwhile, are pointing to the GOP's refusal to raise taxes as a sign that the party is beholden to anti-tax activist Grover Norquist.
"As long as we have some Republican lawmakers who feel more enthralled with a pledge they took to a Republican lobbyist than they do to a pledge to the country to solve the problems, this is going to be hard to do," Sen. Patty Murray, D-Wa., the Democratic co-chair of the supercommittee, said on CNN on Sunday, referencing the no-tax pledge run by Norquist's group, American for Tax Reform.
Some supercomittee members -- including Murray and the Republican co-chair, Rep. Jeb Hensarling of Texas -- suggested Sunday there could be a last-minute effort to put a deal together. "Nobody wants to give up hope," Hensarling said on "Fox News Sunday." He added that "reality is to some extent starting to overtake hope," but he said negotiations were still in the works.
Still, rather than meeting one last time, Murray, Hensarling and other lawmakers spent Sunday on political talk shows to all but concede defeat. The 12-member bipartisan committee was tasked with finding at least $1.2 trillion in budget savings by November 23. However, given that the Congressional Budget Office would need a couple of days to estimate the actual cost savings in their plan, the committee's effective deadline is today.
Hensarling lamented on Fox, "unfortunately, what we haven't seen in these talks from the other side is any Democrats willing to put a proposal on the table that actually solves the problems."
Sen. Pat Toomey, R-Penn., drafted a plan for the Republican side that would have trimmed spending on Medicare and Social Security and closed tax loopholes and tax breaks to raise revenue. But rather than letting the Bush-era tax cuts expire as Democrats want, the plan would have lowered marginal income tax rates, bringing the highest bracket down to 28 percent.
On CBS' "Face the Nation" on Sunday, said he had "taken a lot of arrows" from conservatives for proposing to close tax breaks. He blamed Democrats' "insistence that we have a trillion dollar tax increase" for the lack of progress in the committee.
On NBC's "Meet the Press," meanwhile, Democratic supercommittee member Sen. John Kerry, Mass., said of Republicans, "If they will give up their insistence on the Bush tax cuts, we can get this done."
Some Democrats, the New York Times reports, specifically blamed Republican Sen. Jon Kyl, Ariz., for the group's stalemate. One unnamed Democrat close to negotiations told the Times, "While Kyl is in the group, it sure seems that nothing will happen."
Kyl responded on Fox News on Monday that Times report gave "a characterization that would be unfair to any of the members of the committee." Also appearing Monday on CNBC, Kyl suggested letting the committee fail was politically convenient for Democrats because "the president gets to keep his message there's a dysfunctional Congress."
Sen. Marco Rubio, R-Fla. -- who is not on the supercommittee -- also suggested Sunday on ABC's "This Week" that the president kept his distance from the negotiations as part of a "political strategy."
"I think it's very difficult for the Democrats on that committee to enter into a negotiation, not knowing where the White House is," he said.
The White House, meanwhile, chided the supercommittee for its impending failure. "Avoiding accountability and kicking the can down the road is how Washington got into this deficit problem in the first place," White House spokesperson Amy Brundage said in a statement.
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Buy some more lobbyist groups you f?#&@>> %*%#blicans, that will keep the economy growing, lol.
We don't need a balanced budget amendment - we need a responsible Congress.
So while the top tax rate is one of the highest in the world, the effective tax rate is about the same. We can not raise corporate taxes. If we cut many loopholes and subsidies we will likely need to lower the top rate. But since so many very large companies pay little or no taxes at all (or even get refunds) there is room to restructure the tax code to get a fairer distribution.
Read more: http://www.rollingstone.com/politics/news/how-the-gop-became-the-party-of-the-rich-20111109#ixzz1eNMpCy8x
In this case, this fact that the richest 400 Americans have seen their wealth skyrocket and their tax burden plummet has been widely reported from many sources and is a factual statement.
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The people have the ultimate responsibility to elect their representatives. No lobbyist or corporation has that ultimate authority. But since 16 out of 17 races are won by the one that spends the most money, and most of the money comes from lobbyists and corporations, we have a problem. And Norquist won't say "this idiot raised your taxes" he will say "this liar broke his solemn promise" and direct millions to their opponents to advertise that the current representative is a liar that can't be trusted.
Making the promise in the first place was a mistake, made by too many people because they needed the money to win their seat. So in fact the REAL problem is that we have allowed our system to become a plutocratic "one dollar, one vote" instead of "one person, one vote" and we need to drastically change the way campaigns are financed and conducted to take the ridiculous influence of corporate and lobbyist money out of politics.
And yes, that means unions and Soros as well. If it's a problem for one, it is a problem for all.