President Obama has staked his re-election on the promise to raise taxes on anyone making more than $200,000 a year, but it's going to be fascinating to see if he can hold other Democrats through Election Day. June marked the third month in a row of lousy job creation, and the economy is growing slowly even as the January 2013 tax cliff grows closer by the day.RTWT.
Already, as many as six Democratic Senators are hedging their bets as the economy looks worse. That list includes Joe Manchin of West Virginia, Jon Tester of Montana, Claire McCaskill of Missouri, Bill Nelson of Florida, Ben Nelson of Nebraska and Jim Webb of Virginia. The first four are running for re-election this year, while the last two are leaving the Senate. They haven't all declared outright support for postponing the tax hikes, but they have expressed a willingness to negotiate a deal with Republicans that would avoid raising taxes on anyone next year.
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Tuesday, July 10, 2012
Democrats Get All Jittery Over White House 'Taxmageddon' Strategy for 2013
You gotta love this, at the Wall Street Journal, "Democrats and the Tax Cliff":
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