Imagine the media response if George Bush had openly said he would break the law if he did not get his way. Both the White House, through David Plouffe, and the Senate, through Chuck Schumer, are saying exactly the same thing: Raise taxes, or we will operate without a budget.
WASHINGTON DC – Sen. Chuck Schumer, D-N.Y., said the U.S. Senate will only fulfill its legal obligation to pass a budget if the budget, which has not been passed since 2009, includes new tax increases.
“We need a budget,” Schumer conceded on Meet the Press. “It’s a great opportunity to get us some more revenues to help in part deal with sequestration and deal with the debt issue . . . We’re going to do a budget this year and it’s going to have revenues in it and our Republican colleagues better get used to that fact.”
Senate Democrats have refused to pass a budget since Obamacare was passed, prompting Republicans to accuse their counterparts of hiding the amount of spending they desire to avoid electoral rebuke. (read more)
David Plouffe, a long time advisor to Barack Obama, went on this morning on ABC about the president’s focus on raising taxes:
“Yes,” tax increases need to be in the budget for Obama to sign it, Plouffe said. “There are plenty of loopholes” that need to be closed in the tax code, Plouffe said, suggesting where Obama will seek tax revenue from next