Debt Ceiling Stand-Off: So President Obama Wants Republicans to Undertake What Democrats Refused to Do (Raise Taxes)
I’m not a big fan of Karl Rove. But he’s got a point here.
Mr. Obama has offered no evidence since becoming president that he wants to restrain the upward trajectory of government spending. He does want higher taxes to pay for significantly higher federal spending. But he wants Republicans to deliver the tax increases, since Democrats couldn’t pass them last year despite controlling both chambers of Congress.
The President’s lack of specificity as to spending cuts also does not do much to enhance his credibility in this matter. The headline on Tarpon’s Swamp describes the President’s approach perfectly.
I’ll Gladly Cut Spending On Tuesday For a Tax Increase Today