Grover Norquist, the influential president of Americans for Tax Reform, said he would support a plan, negotiated by Vice President Joe Biden and House Minority Leader Mitch McConnell, to resolve the fiscal cliff drama.
“This is progress in terms of making most of the Bush tax cuts permanent,” Norquist told CNN. “Is it enough? No. Does it do anything on spending? No. But that’s what the next four years are going to be.
“The next four years will be about clawing back the overspending of the Obama years — and now we need to get the spending down,” he added. “The problem is too much spending, not too little taxes, and now we turn our attention to spending cuts.”
Democrat Biden and McConnell, the Kentucky Republican, have been in talks on a deal to avert more than $600 billion in tax increases and spending cuts scheduled to take effect on Jan. 2. The House of Representatives adjourned Monday until noon on Tuesday pending the outcome of Senate vote.
The biggest concession the GOP made in the fiscal-cliff talks, Norquist said, were on the issue of raising taxes on those with higher incomes.
“Two years ago, Obama and the Democratic House and the Democratic Senate extended all the Bush tax cuts for two years,” he began. “The president did it because he said it would hurt the economy not to.
“Now that he is safely in his job, that doesn’t seem to be keeping him up at night — that other people may lose their jobs because of these tax hikes.”
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