President Barack Obama has announced his deal with the Republicans in the House and Senate to continue tax breaks for millionaires and billionaires in order to get unemployment insurance extensions and hopefully prevent further stalling of ecomnomic growth and reduce unemployment. The deal is costly and runs contrary to the GOP mantra of cutting the deficit. But heck, they don’t believe in paying for tax cuts so in this case the deficit doesn’t matter to them.
Fine, let them have there deal. But the price should be that they have to come up with the majority of votes to pass the legislation. The progressives in the House and Senate need to hold firm and vote no on the deal. That way the only one caving will be the President. Democrats, Liberals, Progressives, need to have the spine to stand up and say, loud and clear, we will not increase the federal deficit and debt to pay for tax cuts for millionaires and billionaires.
Stick to your core principles and values. Don’t negotiate with the GOP congressional terrorists and by all means, resist caving in to their demands. The deal needs to pass, but unlike health care reform, make them take responsibility.