Mr. Shaman
Senior Member
- May 4, 2010
- 23,892
- 822
- 48
"They are losing the battle over higher taxes on the wealthy, so now Republicans are threatening a political war next year when it comes time to raise the nation's debt ceiling.
With cracks appearing in their anti-tax facade and polls showing most Americans favoring President Barack Obama's stance in fiscal cliff negotiations, GOP legislators are starting to advocate a tactical retreat to fight another day.
Conservative Sen. Lindsey Graham, R-South Carolina, promised the newly re-elected Obama a "rude awakening" next year if the president forces through his plan for high-income earners to pay more taxes without agreeing to substantive steps to reduce the nation's chronic federal deficits and debt."
