“It is academic, OK. The bottom line is that it is a fast moving train and that has become clear and Washington is doing what it is finding easy to do.” — Rep. Peter Welch (D-Vt.)
Washington works! At least when it comes to cutting taxes. Hard to believe, but after the 2009 and 2010 stimulus bills, Barack Obama is a bigger tax cutter than W.
Excerpted from “Liberals giving up tax fight” By Michael Gleeson and Ian Swanson, The Hill, 12/14/10 02:14 PM ET
A House liberal who has led the effort to stop President Obama’s tax compromise with the GOP says efforts to change the package are futile.
Rep. Peter Welch (D-Vt.), who just a week ago circulated a letter signed by 54 Democrats urging opposition to the deal, now says the “die is cast.” …