Monday, November 26, 2012

Republican Lindsey Graham Vows to Raise Taxes

Lindsey Graham has long showed he is incapable of displaying little 'r' republican principles. Once again we see him leaning over to Obama's side, ready to hand O more power. In doing so, he sounds a lot like John Boehner the day after the election. In other words, Republicans have their talking points.

They will compromise on taxes providing Obama and the Democrats reform entitlements.


On Sunday’s broadcast of ABC’s “This Week,” Republican South Carolina Sen. Lindsey Graham told host George Stephanopoulos that he’d be willing to violate Americans for Tax Reform head Grover Norquist’s anti-tax pledge if it meant averting the looming fiscal cliff.

“When you’re $16 trillion in debt, the only pledge we should be making to each other to avoid becoming Greece,” Graham said. “Republicans should put revenue on the table. … Raising taxes will hurt job creation. So, I agree with Grover. We shouldn’t raise rates, but I think Grover is wrong when it comes to, ‘We can’t cap deductions and buy-down debt.’ What do you do with the money — you buy down debt and cut rates to create jobs. But I will violate the pledge, long story short, for the good of the country, only if Democrats will do entitlement reform.”

Translation: Democrats will get their higher taxes through Republican compromise that will lead to little to non in entitlement reforms.



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