AC360 Monday 8p

There are growing questions about the ferry crew's actions. The latest on the South Korean ferry disaster live on AC360.
November 27th, 2012
11:06 PM ET

Norquist: No room for GOP tax compromise

For Grover Norquist's Taxpayer Protection Pledge, the latest rebellion began last week in the South, by way of friendly fire.

"I care more about my country than I do about a 20-year-old pledge," Sen. Saxby Chambliss, R-Georgia, told Macon station WMAZ. "If we do it his way, then we'll continue in debt, and I just have a disagreement with him about that."

The next shot came from South Carolina's Sen. Lindsey Graham: "I think Grover is wrong when it comes to we can't cap deductions and buy down debt....I will violate the pledge, long story short, for the good of the country."

More Republican salvos followed. Rep. Peter King of New York said the hard line on revenue was based on outdated thinking: "A pledge you signed 20 years ago, 18 years ago, is for that Congress" - not an entire congressional career.

Read more...

Follow Rebecca Sinderbrand on Twitter.

Post by: ,
Filed under: Economy • Fiscal Cliff • Taxes
soundoff (One Response)
  1. Dave in Oviedo

    If there is no room for tax compromise, then this means Grover and his loyal followers are ready to pull a Thelma and Louise on the country come Dec. 31. Good thinking!

    November 28, 2012 at 12:37 pm |