President Obama, in an attempt to sell the deal he cut on extending the Bush tax cuts, keeps holding up the one-year payroll tax holiday as his big win. Defenders of the deal, such as Ezra Klein, act like without this deal, there would be no way Obama could have gotten this payroll tax holiday. I think this is an inherent misunderstanding of the Republican position. Since well before this deal, I thought a payroll tax holiday was going to be one of the few big bipartisan things Obama and John Boehner would agree to. I have zero reason to believe Obama couldn’t have gotten the payroll holiday later as a stand-alone bill, completely separate major concessions to the GOP.
|By: Jon Walker Wednesday December 8, 2010 7:20 pm|