Cruz stops Corker's tax increase

Bloomberg:
It just might be Ted Cruz’s biggest victory as a senator: Helping stop in its tracks a plan late Thursday night to add $350 billion in tax increases to the Senate’s tax bill to placate fellow Republican Senator Bob Corker’s worries about the deficit.

Cruz and Corker have had showdowns in the past over Cruz’s strategies to fight the Affordable Care Act. But this time, Cruz had the votes on his side.

"Fifty-one senators want to cut taxes, one is trying to raise taxes," Cruz said in an interview outside the Capitol late Thursday night after an impassioned confrontation on the Senate floor with Corker. "That’s not right."

Cruz said he worked overnight to defeat the Corker push.

"It was extended conversations that went on into the late hours of the night and continued early in the morning," Cruz said. "Last night there had been a plan to include $350 billion in tax increases. I and a number of other senators had strong objections to that proposal, and that proposal did not carry the day."

Cruz also said he was happy that Senator Susan Collins won restoration of a property tax deduction, and that Senators Steve Daines and Ron Johnson had won a bigger tax cut for pass-through business owners, as well as other changes.
...
Corker appeared to be looking for a way to scuttle the tax cuts and this tax increase was just his latest iteration.   The congressional budget offices scoring is losing its punch.  It tends to ignore the growth in the economy that results from teh tax cuts.  Greedy Democrats do that too.  Democrats are the party of government greed.  I am not sure what party Corker is siding with at this point.

Comments

  1. Tregonsee7:06 AM

    When Corker first ran for the Senate, all his ads called him "Conservative Bob Corker." Unfortunately he has not lived up to this, and had he chosen to run again, he would have had stiff primary opposition and might well have lost. When even his mentor Alexander voted the right way, it is time for an upgrade.

    ReplyDelete

Post a Comment

Popular posts from this blog

Should Republicans go ahead and add Supreme Court Justices to head off Democrats

Washington Post: Some Democrats eye adding more justices to the Supreme Court to change its ideological bent The once-remote idea has gained the attention of liberals angered by the GOP push to remake the federal courts. Probably the easy way to defeat this court-packing scheme is for Trump to propose doing the same thing now.  It would lead to Democrat denunciations and claims that it would be wrong, thereby blowing up any attempt by them in the unfortunate event of Democrats winning a presidential election.
Read more

29 % of companies say they are unlikely to keep insurance after Obamacare

Conn Carroll: A new survey of 368 midsize to large companies found that 29% of them are considering terminating their active employee health care plans when Obamacare is full implemented in 2014. Only 71% of employers surveyed said they did not expect to drop their health coverage, while 20% said they did not know and 9% said they were planning to exit. The latest survey, conducted by Towers Watson, echoes an ealier survey by McKinsey & Co. finding that 30% of private-sector employers were planning to drop their employee health insurance coverage by 2014. When the Congressional Budget Office crunched Obamacare's spending numbers, they estimated that only 7% of employees currently covered by employer-sponsored plans would lose their plans. ... This means the cost of the health care fiasco will be hundreds of billions more than estimated by the CBO and Congressional Democrat. It is also clear that Obama's pledge that you could keep your health care plan if you wanted t
Read more

Bin Laden's concern about Zarqawi's remains

James Robbins: ... Bin Laden suggests that President Bush should allow Zarqawi’s body to be returned to his family in Jordan, but this is a matter that is up to the Jordanian government, which so far has not shown much interest in facilitating a homecoming. Bin Laden mocks King Abdullah II, calling him a Coalition minion, and asking “w hat scares you about Abu Musab after he’s dead? You know that his funeral, if allowed to happen, would be a huge funeral showing the extent of sympathy with the mujahedin.” A large crowd would definitely turn out, though most people would be on hand to demonstrate their anger and disgust. Last November’s hotel bombings in Amman , masterminded by Zarqawi, are still fresh in people’s memory, and mentioning them to Jordanians has the same visceral impact as memory of the 9/11 attacks does here. Jordan has adopted a zero-tolerance policy towards those who choose to mourn the country’s least favorite son, and four opposition members of parliament who paid con
Read more