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Cracker Squire

THE MUSINGS OF A TRADITIONAL SOUTHERN DEMOCRAT

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Location: Douglas, Coffee Co., The Other Georgia, United States

Sid in his law office where he sits when meeting with clients. Observant eyes will notice the statuette of one of Sid's favorite Democrats.

Sunday, July 08, 2012

Democrats and the Tax Cliff - Several Senators suggest they may not want to take the November leap

From The Wall Street Journal:

President Obama has staked his re-election on the promise to raise taxes on anyone making more than $200,000 a year, but it's going to be fascinating to see if he can hold other Democrats through Election Day. June marked the third month in a row of lousy job creation, and the economy is growing slowly even as the January 2013 tax cliff grows closer by the day.

Already, as many as six Democratic Senators are hedging their bets as the economy looks worse. That list includes Joe Manchin of West Virginia, Jon Tester of Montana, Claire McCaskill of Missouri, Bill Nelson of Florida, Ben Nelson of Nebraska and Jim Webb of Virginia. The first four are running for re-election this year, while the last two are leaving the Senate. They haven't all declared outright support for postponing the tax hikes, but they have expressed a willingness to negotiate a deal with Republicans that would avoid raising taxes on anyone next year.

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