Here is video of the GOP Senate Minority Leader – Mitch McConnell – on ABC News’ “This Week” where he said today that moving forward, there will be no further tax increases as part of the Debt-Ceiling Battle with President Obama. McConnell said the Fiscal Cliff deal just passed raised tax rates on the top earners, but that now “the tax issue is finished, over, completed.” What now must be worked out are spending cuts and reform of entitlements:
“Oh, yeah, the tax, the revenue, the tax issue is finished – over – completed. That’s behind us. Now the question is, what are we going to do about the biggest problem confronting our country and our future? And that’s our spending addiction. It’s time to confront it. The President surely knows that. I mean, he has mentioned it both publicly and privately. The time to confront it is now.”
This is the line they need to hold.
The Drudge Headline this morning, linking to this Breitbart story, pretty well says it all about the “Deal” passed by the U.S. Senate (89-8) last night to supposedly avoid the “Fiscal Cliff.” But the real “Cliff” of mounting debt and out-of-control spending by the Federal Government is still out there. It’s interesting to note that Sen. Marco Rubio and Sen. Rand Paul voted “No” on the deal. Both are possible GOP Presidential Candidates for 2016.
The House of Representatives has not yet voted on the “Deal,” and conservative House Republicans are not happy about the increase in taxes and almost complete lack of spending cuts in the deal worked out by Vice-President Joe Biden and Senate Minority Leader Mitch McConnell.
UPDATE 11:30 AM ET: Over at Hot Air, Ed Morrissey thinks the House Republicans will “grudgingly” go along with this deal. But Ed sees a possible “silver lining” in the deal for Republicans:
“The deal did not include any resolution on either the sequester or the debt limit. If there is a silver lining for Republicans, it’s that they have successfully delinked tax rates and spending issues in this fight. The next round of bargaining will deal only with government spending, and House Republicans will have the debt ceiling as a powerful card to play.
With the Senate voting 89-8 in favor of the bill, I’d guess that House Republicans will grudgingly go along with the deal, with a big assist from House Democrats this time around. They have until tomorrow to get the deal done in this session of Congress, though, so expect to hear plenty of debate first. . . .”
“No” Votes: Bennet D-CO, Carper D-DE, Grassley R-IA, Harkin D-IA, Lee R-UT, Paul R-KY, Shelby R-AL, Rubio R-FL #fiscalcliff— Casey Kelley (@policygal) January 1, 2013
Hard to evaluate who “won” the fiscal deal because it’s not actually all that clear what either side’s goals were.— Nate Silver (@fivethirtyeight) January 1, 2013
Mitch McConnell did a very good job in getting package.It is in fact a big win in many ways, with the spending battle postponed 60 days— Hugh Hewitt (@hughhewitt) January 1, 2013
House GOP aide says while R’s may not like the #fiscalcliff bill, says they’re “handcuffed” because of the overwhelming Senate vote.— Chad Pergram (@ChadPergram) January 1, 2013
Rand Paul and Marco Rubio both voted no.How will Paul Ryan vote? #2016— Erick Erickson (@EWErickson) January 1, 2013
Maybe Boehner will stop this one sided deal in the House…I hope so!— Donald J. Trump (@realDonaldTrump) January 1, 2013