The tax cut deal which was set to expire on December 31st has caused a political rift but unusually this gives us some common ground with Tea Party Patriots who are also speaking out on this.
The Congressional Budget Office states this deal will cost $858 billion over the next decade, which costs more than the stimulus package. Freedom Works supports the measure, while the Tea Party Patriots oppose it.
The Tea Party Patriots, by contrast, are opposing the bill. On their homepage, the group links to a Hugh Hewitt column in which the conservative radio host complains that the agreement “spends billions and billions of dollars that the country does not have in order to prevent a tax hike that the country voted against. In essence the GOP bribed the president to follow the will of the people.” (It should be noted that while Republicans made gains in the midterm elections, polls suggest the public supports the president’s position on the tax cuts, not the GOP’s.)
Critics say the bill is essentially stimulus part two – and note the GOP wasn’t so crazy about the first version. Washington Post conservative columnist Charles Krauthammer deemed the agreement a “swindle” that makes a mockery of Republicans’ “newfound, second-chance, post-Bush, Tea-Party, this-time-we’re-serious persona of debt-averse fiscal responsibility.”
Were the Mayans correct? We just agreed with the Tea Party Patriots.