The lingering question over Congress these days concerns the so-called “fiscal cliff,” that set of policies that expire at the end of the year, which are likely to be cleared up in an unaccountable lame duck session of Congress. The move now is to claim that this party or that party won’t leave these loose ends untied before the election, and that they’ll have the courage to act sooner. They won’t act, of course, they’ll just push out a legislative set unpalatable to the opposition. But they’ll try to claim that they are acting, and that the other side is twiddling its thumbs.
That’s the context for John Boehner’s claim that the House will pass a bill to extend all the Bush tax cuts before the election.
The House will vote before the November elections to extend all of the current tax rates that are set to expire at the end of the year, Speaker John Boehner (R-Ohio) said Tuesday.
Boehner warned about a “train wreck” of big-ticket legislation that could be left for a lame-duck session if Congress doesn’t act beforehand. House Republicans have been discussing plans to extend the George W. Bush-era tax rates, and Boehner said leaders had not decided whether to act to make them permanent or extend them only temporarily.
“The House is going to act to extend the current tax rates. Whether we make them permanent or extend them for a year – that debate is still up in the air,” Boehner said in an interview on CNBC.
“Otherwise we’re going to have this mess all stacked up until after the election. And you want to talk about a train wreck? You’re talking about a big one.”
I have no doubt that the House can pass that bill whenever they want. That’s because they won’t try to pay for it. But does this mean that some compromise will get struck before the election? Of course not. Both the House and Senate will try to forward the bills that represent the first bid in their negotiating strategy. House Republicans want to just extend the Bush tax cuts without offsets, while Democrats want the high-end tax cuts to expire. Just because they will put those bills on the floor of the chambers they control doesn’t mean they are “working” in any meaningful way to avoid the fiscal cliff. It just means they are making their ideological preferences clear to the public. That’s useful in the context of the election, but it won’t bring us any closer to a resolution. So the idea that any of this will avoid the “mess all stacked up until after the election” is pretty ludicrous.
Hilariously and predictably, the party in control of the majoritarian institution blamed the party in control of the artificial supermajority institution for their failure to act:
And the Speaker suggested that the Senate would have to act before any serious negotiations could begin.
“The House is prepared to extend all the current tax rates … All,” Boehner said. “The Senate has to act. Until the Senate acts, it’s hard to determine how we deal with this.”
If the Senate had the same freedom to maneuver as the House – and I believe they should (well, actually if you get down to it I don’t think there should be a Senate) – they would pass legislation that the House would reject on principle. It’s only the fact that Senate Republicans can do it for them, through the filibuster, that the House GOP can try to position the Senate as somehow impotent. And that’s another part of this game.
We’re going to wake up on November 7 with less than two months before the fiscal cliff, no negotiations to work out a solution and only a lame duck Congress available to do anything about it. That’s the reality, the rest is posturing.




12 Comments

Support this site!
Subscribe to the newsletter
Advertise on Firedoglake
Send
us your tips
Make us your homepage
About FDL News Desk
I’m sure in the end the two so called parties of the right will make a deal to toss the rest of us under the wheels if necessary. The Dems. will just want to make sure we’re still required to pay their pals in the Medical Ins. business our Ins. bills while were recovering.
Az der bubbe vot gehat baytzim vot zie geven mein zayde.
No doubt. And said lame duck session will pass something, that either extends the
BushObama tax cuts for a few months till the new Congress convenes OR extends them the whole year. And Obama will sign it.Obama announced today he supports gay marriage. Dems are applauding everywhere. After all, that is a real difference between the parties. One party will allow gay people to enjoy all the marriage rights as non-gay people and one party wouldn’t.
Never mind that both parties support economic policies that mean those gay people most likely end up with lousy jobs, with no benefits, no right to health care or a pension, have their social security benefits cut, and trying to educate your way out of that mess will result in debt high enough to block the sun.
No matter. Obama supports gay marriage. GO DEMS!! Gotta vote in Nov for them DEMS!!!
Disregard Obama’s signing of the
BushObama tax cuts again.“…while Democrats want the high-end tax cuts to expire.”
Ha ha ha ha ha…..
It just amazes me that bullshit like this can actually take place. The Common Man now has access to information that discredits the deficit panic, and still this is what we get.
Color me pessimistic. The Democrats controlled both houses of the last lame-duck Congress and traded away renewal of the Bush tax cuts and got bupkis in return. With Boehner and his Carnival of the Animals in control of the House, what comes out of the next lame-duck Congress can only be worse.
If Democrats and Obama had wanted to tax the rich, they would have done it when they had majorities in both houses of Congress.
After 8 years of Bush and The Republicans (aided by Democrats) wrecking the economy with tax cuts for the rich, Bush’s Bogus Ownership Society, its Real Estate Pump and Dump, Unregulated Derrivatives Trading, Junk Debt Trading, Collateralized Debt Obligations, Credit Default Swaps, Greenspan and Bernanke, The Wars of Choice, Terror, Drug War, and The Big Crash…
A Good Leader (Not Obama, obviously) could have EASILY appealed to the American People that Republican Ideology is a FARCE.
AND Taxed The Rich, ferchrissakes!
Instead, We still consider Rethug Ideology as worthy of consideration.
Worthy of Consideration?
Obama and The Democrats have embraced it in total.
I think you may be right here. I think he just needs the excuse and that could come by way of a tit for tat.
The taxes could start the redistribution of income that is badly needed to revive the middle class. It should be accompanied by a stiff estate tax as well. And for the top .01% a much higher rate. Now some will say you can’t do that in a recesson (job creators and all that shit)but you can if you spend it and more on, well, jobs. I would even consider reducing the corporate tax at the same time. (the corp tax probably contributes to jobs going overseas.)
He also announced in an election year he was in favor of “The Public Option”.
Actions speak.
Why the hell do we need a “solution” – THERE IS NO PROBLEM – NO FISCAL CLIFF
Let the Clinton rates return – and propose new tax cuts – the GOP never say no to tax cuts so new tax cuts that help the middle class could be passed with no change from the Clinton rates for the rich with the result that we would have a real deficit reduction in a fairer system.
We should not buy the story planted by the rich and corporate and sold by our media and Obama’s staff as they try to sell a grand bargain to screw Social Security and Medicare.
Actually, Obama supports the rights of each state to decide for itself about gay marriage.. and should a state like NC decimate the possibility of that right, it’s okay by him even though he’d strongly wish they’d do otherwise.
Wish in one hand, shit in the other, see which fills up faster…