"I don't think we need to put a formal proposal out on the table," Cole said on ABC's "This Week." "Speaker [John Boehner] has already said revenue is on the table. He has got an idea about how to get there in terms of not raises rates, but finding it in other ways through tax code reform. I think that makes a lot of sense, and that's a doable thing, but beyond that, you know, we'll wait and see how the negotiations go."
Cole also bashed the plan Geithner brought to congressional leaders this week. "I want to thank the president and Tim Geithner for re-uniting and re-energizing the Republican caucus," he said. "Because that offer -- they must think John Boehner is Santa Claus, because that is a Christmas wish list, not a real proposal."The demeaning attitude of Cole and House Republicans toward the President and Treasury Secretary Geithner shows that the GOP did not learn one lesson from the November election -- they are as arrogant as ever.
While Republicans continue to promote the wealthy, the 3rd quarter has shown that Corporate Profits Hit Record High While Worker Wages Hit Record Low. Yet we are supposed to want the wealthy to keep the Bush Tax Cuts which have all the loopholes for them including hedge fund managers? The American people spoke in the recent Presidential election but seems Republicans in Congress have cotton balls in their ears as they didn't get the message.
This article by Paul Krugman is classic on the tantrums being thrown by Republicans will probably continue until 2014 when the voters have a chance to send them to the unemployment line even in heavily gerrymandered districts and with voter suppression by the Republicans. American people are fed up with the obstructionist tactics of Republicans. It is not the Democrats this group of arrogant Republicans have to fear, it is Republicans like me who have had it with their obstructionist tactics, lies, and elitism.