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Recent News From the Fiscal Cliff Front

In an interview with radio host Hugh Hewitt, McConnell elaborated, calling Geithner’s water-carrying “a serious blow to his credibility.” He said the treasury secretary “ought to be embarrassed.”

“Did he outline what other taxes he wants to raise?” Hewitt asked McConnell.

“Yeah, you know, it’s all on the usual poll-tested, oil and gas, raise the estate tax, there’s hardly anything they missed,” responded McConnell. “It is a massive, whopping punch right in the nose to the American economy. I can’t imagine the Democrats would support it. I mean, Max Baucus, the chairman of the Finance Committee, is certainly not going to support the estate tax proposal, Mary Landrieu, the Democrats from Louisiana, is not going to support the gas tax. Neither is Mark Begich of Alaska, completely unserious, and here we are witnessing the President running around the country thinking the campaign is not over yet. And they’re presenting laughable suggestions from the Secretary of the Treasury. He ought to be embarrassed to be asked to go up here and do something like that. It’s a serious blow to his credibility.”

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