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Wall Street Journal Editorial Rips Boehner and McConnell?

21 Dec

The Huffington Post’s reporting that the Wall Street Journal’s editorial page has attacked congressional Republican Tea Party (GOTP) members for possibly losing the payroll tax cut standoff to President Barack Obama.

The Editorial began recounting how GOTP Senate leader Mitch McConnell “famously said a year ago his main task in the 112th Congress was to make sure President Obama would not be re-elected. Given how he and House Speaker John Boehner have handled the payroll tax debate, we wonder if they might end up re-electing the President before the 2012 campaign even begins in earnest.”

Earlier this week GOTP House members killed the two-month extension of the payroll tax cut, unemployment benefits and a provision avoiding Medicare payment cuts to doctors by a 229-193 vote. The Senate had voted by an 89-10 margin to extend all three for two months. All three provisions expire on 1 Jan 12. GOTP House members want the Senate to return and negotiate over a compromise plan but Democratic Senate Majority Leader Harry Reid said he won’t negotiate until the House approves the Senate’s package.

Finally Senator Reid has shown some back bone against the Tea Party conservatives across the aisle; what’s even better about this situation is McConnell had clearly struck a deal with Reid, and Boehner has to have been part of it as well but then his Tea Party compatriots cut his knees out from under him led by Eric Cantor.

The conservative editorial board wrote that the GOTP has “thoroughly botched the politics.” The board also added that Obama’s in a “stronger re-election position today than he was a year ago.”

After 1 Jan 12, the payroll tax paid by workers will rise from 4.2 percent to 6.2 percent and benefits for the long-term unemployed will expire if Congress doesn’t pull its head out of its collective fourth point of contact. Doctors will also face a 27 percent cut in Medicare reimbursements scheduled to take effect on 18 Jan 12.

The icing on the cake for the President is that 2008 Republican Presidential candidate Senator John McCain of Arizona showed his approval of the editorial tweeting, “WSJ is right on the mark here.”

When the smoke clears from this latest GOTP catastrophe, the President will once again come out on top, John Boehner may find himself stepping down as Speaker, and the Tea Party will come out as having attempted one bridge too far; come 2012 the bill will come due and local Congressional Districts will likely toss the riff raff out turning the House back to a Democratic majority. The Tea Party’s angry white guy shtick only plays so far and they’ve been on stage well past their collective curtain call.

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Posted by on December 21, 2011 in Taxes

 

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