Wednesday, December 19, 2012

Wall Street Journal: Boehner Deal “worse than no deal at all.”


Boehner needs to go.

The lead editorial in Wednesday’s Wall Street Journal attacks the budget deal being considered by House Speaker John Boehner, stating that it would be “worse than no deal at all.”

“Tax and spending increases now, in return for the promise of spending cuts and tax and entitlement reform later . . . is a bad deal for everyone except the politicians who want more money to spend,” the Journal observes.

Boehner has moved from opposing tax rate hikes to offering higher rates for incomes above $1 million a year, but that would “still put the GOP on record as endorsing a tax increase, in particular on small businesses that file individual returns,” the editorial points out.

Republicans “shouldn’t associate themselves with a deal that increases spending and taxes with little or nothing tangible in return.”

Among the points in the editorial, headlined “A Bad Budget Deal”:'

More @ Newsmax

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