Pointless hysteria culminated in a foregone conclusion as President Obama signed the contentious tax rate compromise on Friday. Harry Reid has made it clear that there is little time to waste, and quickly segued to the other bills he planned to fast track before party hopes dim in January, including the DREAM Act, which twitched and died on the Senate floor Saturday morning.
The definition of “lie” has two parts. The first part is the creation of a statement that is not true. The second is intent. When one lies, one deliberately intends to deceive; otherwise, there would be no point to the lie.
When Barack Obama established the National Commission on Fiscal Responsibility and Reform, Democratic leaders were eager to share the spotlight. Harry Reid praised his own efforts on behalf of fiscal discipline, noting in a release that “Senator Reid Championed the Establishment of a Bipartisan Commission Aimed at Reducing the Deficit.”1
A more guarded Steny Hoyer gave a nod to the goal of balancing the budget, and included Reid and Nancy Pelosi when he guaranteed that the Commission’s recommendations would be considered:
To return our budget to balance, President Obama is creating a bipartisan fiscal commission.
The president’s tax compromise is threatening to spill into next year, thanks to an obstinate House and Senators who continue to tack on additional spending to their version of the legislation. The tax rate extension has received most of the deal’s hype because it fans partisan fires, but for 15.1 million unemployed Americans platitudes are irrelevant.
Leave it to the Senate to present a heroic front after House Democrats turned their backs on the president and sold out their constituents by refusing to agree to extend our current tax rates. Senators came through with a fix, S.Amdt.