Speaker John Boehner was quick to point his finger at the president on Monday morning with the release of a memo saying the committee had failed and it was Obama’s fault—before the announcement was even made official.
“The super committee was unable to reach agreement because President Obama and Washington Democrats insisted on dramatic tax hikes on American job creators,” Boehner wrote in his memo.
Boehner echoed the position GOP leaders have been stuck in for over three years. Although, to be accurate, the Democrats want tax cuts for the wealthy imposed by President Bush in his first term and extended by Obama last year, to expire at the end of 2012–instead of being renewed as the GOP have dug in their heels in to get done.
“The wealthiest of Americans, those who earn over a million dollars every year, have to share, too,” said Sen. Patty Murray, D-Wash., co-chairwoman of the super committee. “And that line in the sand we haven’t seen any Republicans willing to cross.”
The 12-member bipartisan super committee, which was established by the August debt-ceiling deal announced late Monday that after months of hard work, it would be unable to reach an agreement for $1.2 trillion in deficit reduction.
According to Senator Bernie Sanders, the big deficits were caused mainly by massive tax cuts for the wealthy, two unpaid-for wars, a horrible recession caused by Wall Street greed, and an expensive prescription drug program rigged to favor pharmaceutical companies.
Republicans have been dead set against working with President Obama to get anything done for the American people, most notably demonstrated by Mitch McConnell’s now infamous quote, “our biggest priority will be to make sure Obama is a one term president.”
The Obama administration has given concessions to the GOP several times, including the extension of the Bush tax cuts, but critics say Republicans have not given an inch to negotiate on a way to increase revenues, including taxes on the richest 1% of Americans, although polls show a majority of the middle class support such action.
A Washington Post-ABC News poll show that 75 percent supported tax hikes on millionaires and another poll found that more than two-thirds favored tax hikes on households earning $250,000.
However, Republicans have become proficient in distracting their conservative supporters and the general public with their favorite shiny-object argument called “it’s Obama’s fault”, although it was the president’s directive for the bipartisan super committee to get a deal done and he didn’t personally have a voice or vote at the table.
Republicans knew automatic cuts in defense would be the result of failure, but apparently it didn’t matter. They may be under estimating how the American people view their draconian stand, since the latest numbers show 77% are unhappy with the Republican Party.
Even a growing number of rich people, like Warren Buffet, are saying they should be taxed more in order to be fair to all.