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mother earth

(6,002 posts)
Thu Apr 11, 2013, 09:02 AM Apr 2013

DINO Shaming: Montana's Sen. Max Baucus - Will he betray Dems Again?

http://www.perrspectives.com/blog/
End part of article, above link takes you to full story of this betrayal to WE THE PEOPLE & shameful DINO consequences.

Given the obvious need for more federal tax dollars in the years ahead, Baucus' fealty to revenue neutrality runs counter to the proposals from both President Obama and Senate Democrats. This week, Baucus and House Ways and Means Committee Chairman Dave Camp (R-MI) announced they would be working together to deliver a tax reform proposal that lowers rates for both individuals and corporations by supposedly closing loopholes and ending tax breaks that now cost the Treasury roughly $1.1 trillion a year. Unfortunately, Republicans show every indication they will slash the U.S. corporate tax rate without eliminating the deductions needed to offset the resulting loss in revenue. It's no wonder former Biden economic adviser Jared Bernstein fretted:

"He makes me nervous. I worry about his commitment to get the revenues we need."
Democrats' worries shouldn't end there. By pushing to make an overhaul of the tax code happen this year, Max Baucus is strengthening the GOP's hand in the Republicans' next round of debt ceiling blackmail, a hostage-taking that could come as early as May:
Privately, senior Democrats dismiss Baucus's activities, saying tax reform will not happen unless Obama strikes a broad deal with Republicans that includes $600 billion more in taxes over the next decade. But Republicans are unlikely to agree to higher revenue without a tax-code rewrite; aides said Camp is pressing GOP leaders to demand tax reform in exchange for supporting a higher federal debt limit.
If that sounds hauntingly familiar to Baucus' erstwhile allies, it should. As the New York Times reported in June 2001, the fence-straddling Max Baucus jumped to President George W. Bush's side to back the GOP's $1.4 trillion tax cut windfall for the wealthy:

Following tradition in signing major legislation, Mr. Bush used a different pen for each letter of his name, then handed the pens to Republican Congressional leaders and a few Democrats whose support was critical.
Among them was Senator Max Baucus of Montana, the new chairman of the Finance Committee, whose decision to reach a compromise between his own party's more modest tax cut and Mr. Bush's more ambitious one angered leaders in his own party, including the new majority leader, Senator Tom Daschle of South Dakota. But tonight Mr. Daschle was headed to the White House for a private dinner with Mr. Bush and his wife, Laura, while Mr. Baucus said he did the right thing by striking a deal with Mr. Bush.

''Every day it looks like a better and better decision,'' Mr. Baucus said at the White House after the signing ceremony. ''In many respects, I think politically I helped the party. We Democrats would have been in trouble in 2002 just saying no to every one of the president's proposals.''


As it turned out, Baucus was wrong on every count. The then-popular wartime President Bush stumped for Republican candidates around the country, helping the GOP gain two seats in the Senate while maintaining its majority in the House. As press secretary Ari Fleischer crowed:

"Historical trends are very hard to break. But not only have we kept the House, but we've gained seats. This is the first time since the Civil War."
Worse still, the Bush tax cuts of 2001 and 2003 (the latter Baucus opposed) became the single largest driver of national debt since they became law. Having drained $2.5 trillion from the U.S. Treasury by 2010, the cuts if made permanent would have added another $4 trillion in red ink in their second decade. While the fiscal cliff deal in January returned the top tax rate to 39.6 percent for households earning over $450,000 and the capital gains rate to 20 from 15 percent, the revenue gain over the next 10 years is only about $620 billion.

As for Max Baucus, he apparently is approaching the tax reform process in much the same way he does his ultra-marathon racing. As the Post reported:

"You gotta kill some puppies," he said cheerfully, quoting an off-beat motivational poster he once saw in Texas. "You can't do it all. You gotta make choices. It's all priorities. You gotta kill a puppy."
Hopefully, as James Rowe fretted, Baucus' won't be Republican priorities and the American people's puppies.

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DINO Shaming: Montana's Sen. Max Baucus - Will he betray Dems Again? (Original Post) mother earth Apr 2013 OP
"DINO hall of shame" would make an interesting discussion carolinayellowdog Apr 2013 #1
Kicking this for reaction to background check vote. nt mother earth Apr 2013 #2

carolinayellowdog

(3,247 posts)
1. "DINO hall of shame" would make an interesting discussion
Thu Apr 11, 2013, 09:24 AM
Apr 2013

Blanche Lincoln gets my first place vote for obstructionism with health care, but of sitting senators, Landrieu is the only one giving Baucus a real challenge for "most conservadem."

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