VIDEO- Lindsey Graham: "I will not raise tax rates... but Grover is wrong... I will violate the pledge." Former Bushie: "Increase taxes on wealthy."

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We don't always agree with Mediaite, but they do give good video:

Lindsey Graham on ABC’s This Week:

“I’m willing to generate revenue. It’s fair to ask my party to put revenue on the table. We’re below historic averages. I will not raise tax rates to do it. I will cap deductions. ... But to do this, I just don’t want to promise the spending cuts. I want entitlement reforms... What I’m looking for is more revenue for entitlement reform before the end of the year.”

"Republicans should put revenue on the table. We’re this far in debt. We don’t generate enough revenue. Capping deductions will help generate revenue. Raising tax rates will hurt job creation.”

“So I agree with Grover, we shouldn’t raise rates, but I think Grover is wrong when it comes to we can’t cap deductions and buy down debt. What do you do with the money? I want to buy down debt and cut rates to create jobs, but I will violate the pledge, long story short, for the good of the country, only if Democrats will do entitlement reform.”

Think Progress counters with some, you know, facts:

Graham’s insistence on entitlement reforms ignores that Democrats have already made significant changes to Medicare (as part of the Affordable Care Act) and have proposed reforms to Social Security, even though the program is not in need of an immediate fix. And his claims that raising tax rates will kill jobs is tenuous, if oft-used. Reports from the Congressional Research Service and the Congressional Budget Office, both non-partisan agencies, have shown that allowing the expiration of the high-income Bush tax cuts would have little impact on economic growth.

As for Grovie, “an increasing number of prominent Republicans are dismissing Norquist as a pest.” His majority in Congress is all but gone, and GOP Sen. Saxby Chambliss brushed off Grover Norquist’s anti-tax pledge.

So the good news is that Grover's fading fast. The bad news? The tone deaf GOP is still hoping to pull revenue miracles out of their elephantine hineys without allowing the Bush tax cuts, which were designed to expire, to expire.

 

Matthew Dowd, a former Bush administration official, hasn't been shy about disagreeing with his own party. Here he goes again. And will someone please give Peggy Noonan sincerity lessons? Her condescension is positively gag-worthy.

Dowd:

"If there's some way you could substitute truth serum into the water in the Capitol... they all know... revenue has to be raised, and the only way to raise real revenue is to increase the tax rate on the wealthy. It's the only way. Cuts have to be done, including defense cuts... defense can be cut without hurting our security... And they also know Grover Norquist is an impediment to good governing. The only good thing about Grover Norquist is that he's named after a character from Sesame Street. And that's I hope the last we can hear of it..."

One more thing: The word "entitlements" has been given such a negative connotation by the GOP that it's time we replace it with "earned benefits." That's what they are, earned. We may be entitled to them, but Republicans have turned that word on its head, as they've done with so many others.

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  • grmce

    With regard to the term "entitlements" which has been demonised by the Obnoxious Right, when I was studying economics some years back we referred to such schemes as "deferred income" when depicted in that manner it points out that pensions, superannuation etc... are part of the negotiated remuneration agreement between employer and employee. As such, when these funds are looted by employers it is quite clearly embezzlement at best and possibly larceny.

    As for your Social Security scheme, that is a simple life assurance scheme which works just like a superannuation scheme - once again, it functions as a form of deferred income.

  • mellowjohn

    nooners should get some sort of award, however, for mentioning st. ronnie the most times in a single snuffleupagus panel segment.