November 28, 2012


GOP Lawmaker Urges Republicans to Make Deal with Obama

Rep. Tom Cole (R-OK) urged colleagues in a private session "to vote to extend the Bush tax rates for all but the highest earners before the end of the year -- and to battle over the rest later," Politico reports.

The conservative Republican said that he believes such a vote would not violate Grover Norquist's anti-tax pledge and that he's not alone within Republican circles. He also said it would "rob the president of the argument that Republicans are holding up tax cuts for all but the top earners."

Said Cole: "I think we ought to take the 98 percent deal right now. It doesn't mean I agree with raising the top 2. I don't."

Wonk Wire: For fiscal cliff deal, the devil is in the details.










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