Senate Democratic leaders are planning to go on offense on raising taxes


feeling your cheerios

Dems are feeling their oats.

Via The Hill:

Democrats are planning to capitalize on the Republican Party’s poor handling of the recent fiscal showdown by parlaying it into another legislative victory. Congressional Democrats want Republicans to sign off on $50 billion worth of tax increases to eliminate the sequester’s automatic spending cuts.

Yeah, like that'll happen. But one Democratic aide said the situation looks more promising now because the GOP is feeling the heat "after what they did to the country by following the Tea Party agenda, to show they are willing to come to the table and compromise.” Plus, they think Republicans will feel incentivized because a hunk of the sequester for 2014 will hit defense programs.

Okay Dems go for it, and don't blow this one:

Democrats say they would not accept any budget deal unless it includes tens of billions in new tax revenue. Their opening bid is $1 in new taxes for every $1 in spending cuts to offset the cost of ending sequestration for domestic and defense discretionary spending programs.

House Speaker John Boehner and Senate Republican leader Mitch McConnell undoubtedly are pointing and laughing as we speak. However, Americans don't want them to control the House, but they do want Boehner to go and Obamacare to stay.

So Democrats do have some leverage. And while they're at it...

Sen. Charles Schumer (N.Y.), the third-ranking Senate Democratic leader, will propose legislation that would reduce Congress’s authority over raising the debt limit.

It would give the president authority to raise the debt limit and merely allow Congress to vote on a resolution of disapproval to block action.

Yes, please and thank you.