What parallel universe are officials in the Obama administration living in if they think this wish list is anywhere near reasonable?
Via the Washington Examiner:
Yesterday Treasury Secretary Timothy Geithner presented Republican leaders on Capitol Hill with President Obama’s plan to avoid the fiscal cliff. The Geithner proposal asked for:
1. An immediate $1 trillion tax hike through higher top marginal income tax rates as well as higher taxes on both capital gains and dividends.
2. An agreement to raise $600 billion more in taxes later this year by limiting tax deductions for top earners.
3. $50 billion in new infrastructure stimulus spending.
4. Another “emergency” extension of unemployment benefits.
5. An extension of either the payroll tax cut or the reinstatement of Obama’s stimulus Making Work Pay tax credit.
6. A mortgage refinancing program.
7. Billions in new spending to prevent cuts to Medicare reimbursement payments for doctors.
8. An infinite debt limit hike.
Upon hearing Geithner’s wish list, Minority Leader Mitch McConnell, R-Ky., reportedly “burst into laughter.” He should have patted Geithner on the head and offered him a candy cane instead.
A Politico report adds that this joke of an offer has stalled negotiations.
Hill Republicans immediately rejected the offer, with House Speaker John Boehner saying “no substantive progress has been made” on resolving the impasse.
Even MSNBC’s Joe Scarborough realized that the only intent behind the offer was to be provocative – it was not based in reality. One Republican aide even referred to the offer as “unbalanced and unreasonable”.
Much like the President himself. Or maybe he believes Santa Claus will deliver all of the items on his wish list?
Mitt Romney is the establishment candidate for the Republican party. But MSNBC’s Joe Scarborough thinks that nobody in the GOP establishment thinks he can win. So is he indicating that the Republicans are intentionally setting Romney up for failure?
Unemployment stubbornly over 8%. His landmark piece of legislation in dire peril of being dumped by the Supreme Court. The “flexibility” moment with Putin’s pawn. Does that sound like an invincible incumbent to you?
It does to Joe Scarborough, and according to him, to every other member of the Republican establishment. On Morning Joe today, Scarborough said that while they won’t admit it on TV, “no one” in the GOP establishment believes Mitt Romney will beat Barack Obama in the general election.
SCARBOROUGH: Nobody thinks Romney’s going to win. Let’s just be honest. Can we just say this for everybody at home? Let me just say this for everybody at home. The Republican establishment–I’ve yet to meet a single person in the Republican establishment that thinks Mitt Romney is going to win the general election this year. They won’t say it on TV because they’ve got to go on TV and they don’t want people writing them nasty emails. I obviously don’t care. But I have yet to meet anybody in the Republican establishment that worked for George W. Bush, that works in the Republican congress, that worked for Ronald Reagan that thinks Mitt Romney is going to win the general election.
Here’s the video…