The Corner

Deal or No Deal

NR’s editors have a pretty pessimistic take on the fiscal-cliff talks. If no deal emerges, then Republicans have two options. The high-risk one is to pass an extension of all the tax cuts, watch Senate Democrats block it, watch tax rates rise for everyone, and try to blame Obama and the Democrats for this result. The low-risk one is to pass an extension of the middle-class tax cuts, which presumably the Democrats would have to pass, and watch taxes for high earners rise. That way at least Republicans wouldn’t get blamed for middle-class tax increases.

That second option isn’t great. But it’s better than some of the possible deals I’ve been reading and hearing about.

Ramesh Ponnuru is a senior editor for National Review, a columnist for Bloomberg Opinion, a visiting fellow at the American Enterprise Institute, and a senior fellow at the National Review Institute.

Most Popular

Education

Why Does the Left Hate the Humanities?

Now, while everyone is looking towards science to put right all that’s wrong with the world, it is time to call on the Humanities. To be conservative often consists in being a party pooper. It is not that we enjoy being naysayers, it is just that the world insists on conspiring against all that is good and ... Read More
Education

Why Does the Left Hate the Humanities?

Now, while everyone is looking towards science to put right all that’s wrong with the world, it is time to call on the Humanities. To be conservative often consists in being a party pooper. It is not that we enjoy being naysayers, it is just that the world insists on conspiring against all that is good and ... Read More
Law & the Courts

What Will Trump Do?

R.I.P. Ruth Bader Ginsburg. As a matter of pure self-interested calculation, I would expect Donald Trump to try to get a new Supreme Court justice confirmed before the election. That will provide exactly the kind of galvanizing fight that he thrives on, and he has more to gain from giving Republicans something ... Read More
Law & the Courts

What Will Trump Do?

R.I.P. Ruth Bader Ginsburg. As a matter of pure self-interested calculation, I would expect Donald Trump to try to get a new Supreme Court justice confirmed before the election. That will provide exactly the kind of galvanizing fight that he thrives on, and he has more to gain from giving Republicans something ... Read More