Barack Obama,  Democrats,  GOP,  Taxes

House Democrats Reject Obama-GOP Tax Cut Deal in Current Form

Yes, the Democratic Party has suddenly become the “Party of No.”

The House Democratic Caucus has voted to reject President Barack Obama’s tax deal with Republicans in its current form.

By voice vote, the rank and file Democrats passed a resolution Thursday that said the tax package should not come to the floor of the House for consideration. Rep. Peter DeFazio, D-Ore., introduced the resolution.

Said Rep. Lloyd Doggett, D-Texas: “If it’s take it or leave it, we’ll leave it.”

Rep. Jim McDermott, D-Wash., said “it’s a pretty clear message. We don’t like the bill.”

So, what happens if President Obama’s own party does not affirmatively act on the Obama-GOP compromise tax rate/cut bill by the end of the lameduck session next week?

Taxes will go up on January 1 for everyone.

Of course, the GOP which in January will control the majority in the House will quickly vote to change the tax rates as soon as the new Congress meets, but, this will take time, Senate action (which is always slow) and economic uncertainty will do nothing positive for America.

Will the far-left House Democrats of Speaker Nancy Pelosi prevail over their own President?

Stay tuned here and on Twitter ———->