Page 2 - Norquist Pledge News Today

Norquist pledge says that you have to have equal tax cuts to offset, that in other words, keep government like norquist likes to say in the bathtub. he doesnt like it to get too big. i think in that way you might see some republicans violate that pledge but i think its a muj harder pledge to get them to agree to an increase in tax increases like the president wants. >> you guys in the first read team, political team at msnbc point out that it would allow effective tax rates to rise for the wealt...

Senator chambliss is saying, im frankly not concerned about the norquist pledge. im quoting him there. senator mccain, quote, fewer and fewer people are signing this, quote, pledge. senator coburn, tortured vision of this tax penalty is his quote. theyre openly moving away from this tax pledge of norquist. thats a sign of something. >> i think it is. i was just on a tv show with freshman republican from my state, illinois, who said he signed that pledge initially when he was running but now he s...

But look, grover norquist, the anti-tax crusader, made -- didnt make them, but 258 republicans signed a no tax hike pledge that includes you cant do the loophole thing, you cant raise marginal rates. hes a powerful guy. >> he is. >> but given the election is he dead in the water now? >> i wouldnt say hes dead in the water but if the republican party goes to him, they are resigned to permanently lose elections. bottom line the norquist pledge is not relevant given the debt and deficit that we hav...

A new team and a lot of people will say that is a good thing because you need some fresh. these guys are so tired. >> all right. the other hill headline, norquist pledge takes election hit. i consider that good news. is it good news for republicans, actually? >> well, thats part of what the gop is going through. the soul searching of thinking about the glove pledge hasnt helped them. and obviously now, its such a different position for republicans after president obamas victory in 2009, republic...

Thats exactly what has produced the infamous 47% who dont pay income taxes. and one of the other things that i have seen develop over time in the think tank world or the thinking of the right which is articulated in romneys 47% comment is the idea that not only, you know, everyones always wanted to cut taxes, republican party, governor norquist pledge. you need to raise taxes at the bottom and middle class. the tax center says thats what the romney plan does. romney says absolutely not. in the r...

How we see the role of a president in helping to bring about bipartisanship? you talk about the congress, you say there is a role for the president. >> a chapter in there about the presidency one way the reagan presidency was successful and the carter presidency was not, was the degree to which they had really good congressional outreach. the president is not the head of government. hes the head of one of three branches and the other branch, congress, is the one that has most of the power. the p...

Powerful but i have no desire for fame and power anymore. >> the old guard is back for at least a visit. that was president george w. bush speaking in crawford, texas with the hoover institution. meanwhile as we mentioned, dick cheney was back in washington yesterday all while speculation flies about condoleezza rice as a potential vp choice for governor romney. lets just say bushs self-described axis of awesome is back together again. david corn, it is interesting, we have not seen much from th...

solutions, many of them, lie with congress. but there are causes and there are many of them. a simple answer would be the cleanest, the most convenient, out of control deficits or stimulus. its barack obama or george w. bush, but its not that simple, not that satisfying. one cause however does stand out amongst many. cheap and ample credit. for years the ability of almost every working american to access more credit than they should have been able to, masked the underlying fact that lo...

solutions and right now, those solutions, many of them, lie with congress. but there are causes and there are many of them. a simple answer would be the cleanest, the most convenient, out of control deficits or stimulus. its barack obama or george w. bush, but its not that simple, not that satisfying. one cause however does stand out amongst many. cheap and ample credit. for years the ability of almost every working american to access more credit than they should have been able to, mas...

this week we learned that the measure of consumer confidence fell for the fourth month in a row to its lowest levels since january. you may disagree with why its down. but, again, the customer who in this case is the american consumer is always right when it comes to the economy. why? because if americans are worried about the economy, they delay making important purchases and a perceived economic slowdown can easily become a reality. okay. so its happening. but why? well, probably the...