Republican Defectors Ready to Back Tax-Rate Compromise
A few dozen Republicans have joined a bipartisan call to break the impasse between President Barack Obama and House Speaker John Boehner over taxes for the highest- earning Americans.
President Barack Obama addresses members of the Business Roundtable at their headquarters in Washington on Dec. 5, 2012. Obama told top business executives the global economy remains "soft" and the deadlock in Washington over taxes and spending is holding the U.S. back from leading a strong House Speaker John Boehner has proposed a plan to generate $800 billion in revenue over 10 years by curbing tax deductions and credits, repeatedly rejecting Obama’s call for higher rates on the top 2 percent of earners. Photographer: Andrew Harrer/Bloomberg
The Republicans signed a letter calling for exploration of “all options” on taxes and entitlement programs, a signal that some rank-and-file members are ready to bargain.
ATTENTION TEA PARTY WACKOS: GRAB YOUR ANKLES HERE CUMS THE KNOBBY TAX PEEPEE