And everyone laughed when Biden was picked as veep. Well, who's laughing now? Yeah, I know, everyone on the Republican side.
The lousy economy has helped push Democrats to the negotiating table in a bid to cut a deal to increase the federal government’s $14.3 trillion borrowing limit, but the blue team is still hoping to gain some leverage from the nation’s economic woes.
In order to keep their party’s rank and file on board, Democratic negotiators, led by Vice President Joe Biden, need to offer some kind of a tax increase as part of a package of cuts being negotiated with Republicans.
But if the deal includes a tax hike on incomes above $200,000, or anything else, Republicans won’t be able to deliver the seven Senate votes and 24 House votes needed to pass a plan that had unanimous Democratic support.
If there are any tax increases anywhere at all the Republicans will be committing political suicide. So, this has got to be Democrat delusional stuff. For that matter, increasing the debt limit at all is not too popular with anyone, let alone the Republican base.
LINKYou have to admit though, that it's pretty formidable having Forrest Gump on your team.
