Republicans have spent the past several days trying to shift blame for your taxes going up on anyone but themselves; in fact – they’re the only ones to blame. To add insult to injury – not only are your taxes scheduled to go up on January 1, 2013 – House Republicans have still not called congressman back to session because Republican leadership knows that it doesn’t have the votes to even raise taxes on just people making over $1 million a year. The “fiscal cliff” is the result of House Republicans holding America’s credit hostage by being unwilling to increase the debt ceiling without “significant” cuts to government spending. House Republicans could pass a bill TODAY to extend tax cuts for anyone making 250k a year or less, but they’d rather be on vacation but the clock still goes tick, tick, tick.
This is costing the economy a lot of money; it’s creating a great deal of uncertainty and that harms consumer confidence which directly impacts the economy. More than just the psychological problem – having tax increases on middle class families during a time when we have such high unemployment is harmful to the economy as well. This is really bad and it’s all because the vast majority of Republicans are cowards and are unwilling to vote for a tax increase on the rich. They have zero political courage and while all of that is happening – they’re still on vacation.
From NBC News HERE:
According to House Republican leadership aides, House GOP leaders have not yet called their members back to Washington D.C., and WILL NOT be in session tomorrow for legislative business. According to one GOP aide, “It’s up to Senate Democrats to act right now.”
During the House Republican conference meeting late Thursday night, leadership told the conference that they would be given 48 hours before being called back to D.C. after Christmas. According to aides, leadership has not given that notice yet.
On Friday, the House passed a motion to adjourn until Dec. 27 at 2:00 pm, but because the Senate failed to also pass the motion, the House was required to hold a short “pro forma” session on Monday. It will likely hold another pro forma session Thursday, during which no legislation will be considered.