The Hill reports this afternoon that the Obama Administration is demanding tax hikes for the wealthiest or no deal to avoid the fiscal cliff will take place ...
White House press secretary Jay Carney said Thursday there will be no deficit deal unless Republicans agree to raise tax rates on the wealthiest households.
“There can be no deal without rates on top earners going up,” said Carney, who reiterated that the president will not sign legislation that extends the Bush-era tax rates for the wealthy.
“This should not be news to anyone who was not in a coma during campaign season," Carney said of the president’s stance on taxes.
Read The Hill story here. And read how national conservative leader Brent Bozell is warning GOP Chairman Reince Priebus about Republican lawmakers folding on a tax hike:
Indeed, if Republicans break their promise to the American people and vote for tax increases, the only thing going off the cliff will be the Grand Old Party itself.
Reince, it pains me to say this, but if the Republican Party breaks its word to the American people and goes along with President Obama with tax increases, it will have betrayed conservatives for the final time. I will make it my mission to ensure that every conservative donor to the Republican Party that I have worked with for the last three decades— and there are many and they have given tens of millions to Republican causes—gives not one penny more to the Republican Party or any Member of Congress that votes for tax increases. The GOP will not deserve their support.
You are at the tipping point, Reince. If the GOP cannot stand tall against tax increases, the conservative movement and its donors will no longer stand with the Republican Party.
The rest of Bozell's letter is HERE. What should Republican Congress members do? And for that matter, what should Republican state lawmakers do?
