Liberals Give Up on Tax Fight
The Hill reports:
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.”
“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,” he said in an interview with The Hill.
“Once the president entered into that agreement with the Senate Republicans even while talks with the House were supposedly under way, that set the tone for the weekend and now you got Americans excited about a trillion dollars that is going to be in effect given away,” Welch said.
Many liberals in the House, possibly already sensing it would be difficult to derail a package with the support of the White House and GOP leaders, did not even sign the Welch letter.
Since last week, momentum for the compromise has grown.
