- Cato @ Liberty - http://www.cato-at-liberty.org -
The Do-Nothing Senate: Looking to 2012
Posted By Roger Pilon On February 14, 2012 @ 10:42 am In Government and Politics,Tax and Budget Policy | Comments Disabled
Today POLITICO Arena [1] asks:
Was the House GOP decision to unlink deficit reduction and an extension of the payroll tax holiday a smart move, or does it undermine their deficit reduction message?
My response:
The House Republicans’ move to unlink deficit reduction and an extension of the payroll tax holiday is simply a bow to reality. They’ve learned from the first session of the 112th “Tea Party” Congress [2] that any deficit reduction measures they’d make will go nowhere in the do-nothing Senate. As William McGurn details [3] in this morning’s Wall Street Journal, the Harry Reid Senate hasn’t passed a budget resolution in three years and has never voted to extend the payroll tax cut for a full year—the administration’s No. 1 economic priority according to Vice President Biden.
So what’s the point of House Republicans conditioning an extension of the payroll tax holiday on a spending cut, only to be blamed, when the Senate balks, for wanting to raise taxes on the middle class? As long as there’s a do-nothing Senate, our deficits and debt will only grow.
Article printed from Cato @ Liberty: http://www.cato-at-liberty.org
URL to article: http://www.cato-at-liberty.org/the-do-nothing-senate-looking-to-2012/
URLs in this post:
[1] POLITICO Arena: http://www.politico.com/arena/
[2] the first session of the 112th “Tea Party” Congress: http://www.cato.org/pub_display.php?pub_id=14023
[3] William McGurn details: http://online.wsj.com/article/SB10001424052970204883304577221523379438502.html?mod=WSJ_Opinion_LEADTop
Click here to print.
Copyright © 2009 Cato-at-liberty. All rights reserved.