The Blog

Tax Deal Roundup

Kudlow vs. Romney

9:18 AM, Dec 14, 2010 • By MATTHEW CONTINETTI
Widget tooltip
Single Page Print Larger Text Smaller Text Alerts

The tax deal reached cloture in the Senate, 83 to 15. But the right-wing debate over the deal continues. Here are some more links for your edification.

Larry Kudlow:

I think conservatives have to keep their eye on economic growth. There’s stuff in the deal that I don’t like, but the overall impact is going to be positive.

The GOP should not go back to root-canal deficit obsession. Next year Paul Ryan is going to lead the charge on deep spending cuts. That’s the best way to lower the budget deficit — not tax hikes.

Root canal doesn’t work. Growth has to be essential to deficit reduction.

Dick Armey's FreedomWorks:

While changes to the compromise may mean we need to abandon our support, we support the framework of this compromise as we know it today.  Ultimately, we want fundamental tax reform and serious spending cuts so Washington may be both less of a burden on the economy and also live within the means taxpayers are willing to provide.  We believe this compromise puts us in a better position to achieve those goals than letting tax rates go up dramatically on January 1st, 2011.  We hope you agree.

He's talking to you, Mitt Romney:

Given the unambiguous message that the American people sent to Washington in November, it is difficult to understand how our political leaders could have reached such a disappointing agreement. The new, more conservative Congress should reach a better solution.

Why does Romney oppose the agreement? The fix is only temporary, "it will also add to the deficit," unemployment benefits aren't paid for with offsets, and "the deal delivers short term economic stimulus, and it does so at the very time [Obama] wants it the most, before the 2012 elections." But this opposition rests on the assumption that Republicans could get a better deal come January. But is that really the case? The price of root canal economics is the biggest tax increase in history.

Recent Blog Posts

The Weekly Standard Archives

Browse 15 Years of the Weekly Standard

Old covers