The Corner

McCarthy Opposed to Tax-Rate Hikes

If a fiscal-cliff agreement includes tax-rate increases, Representative Kevin McCarthy of California, the Republican whip, will oppose the deal.

“We’re not going to whip a deal, just for the sake of a deal,” McCarthy says, in an interview with National Review Online. “I’m not going to work on something that, I feel, hurts the economy.”

“If there is a deal, it has to keep to our principles,” McCarthy says, and he urges his colleagues to resist any proposal that hurts small businesses.

McCarthy is confident in Speaker John Boehner’s ability to push for spending cuts and entitlement reform, and “set the framework to get it, to get us moving again.”

House Republicans, he says, “continue to believe that the best way to get revenue is through economic growth, as well as eliminating loopholes through overall tax reform.”

“Let me be clear, at the end of the day, no one has to be afraid of where the core of our conference stands,” McCarthy says. “Where I stand, philosophically and politically, is with the core of our conference.”

A handful of Republicans, such as Representative Tom Cole (Okla.), are open to a deal that would extend current tax rates, except for high-end earners. McCarthy respects Cole’s perspective, but he does not endorse it. “Tom has a different strategy,” he says. “He wants to take one thing and fight for the other things.”

McCarthy adds that the Obama White House’s latest offer, which was introduced by Treasury Secretary Tim Geithner on Thursday, is dead on arrival. “The president keeps changing the numbers,” he says. “It’s crazy.”

Robert Costa — Robert Costa is National Review's Washington editor and a CNBC political analyst. He manages NR's Capitol Hill bureau and covers the White House, Congress, and national campaigns. ...

Most Popular

PC Culture

Revolution and Worse to Come

On the domestic and foreign fronts, the Trump administration has prompted economic growth and restored U.S. deterrence. Polls show increased consumer confidence, and in some, Trump himself has gained ground. Yet good news is bad news to the Resistance and its strange continued efforts to stop an elected president ... Read More
World

The Prosecution of Count Dankula

The problem with defending free speech is that you never get to defend it on exactly the territory you hoped for. Of course, one keeps one’s fingers crossed that the next defense of free speech will be mounted against an attempt to ban Areopagitica or burn all extant copies of A la recherché du temps perdu. ... Read More
Culture

Ezra Klein’s Intellectual Demagoguery

Ezra Klein wants you to know that he doesn’t think Sam Harris is a racist. “I’m not here to say you’re racist, I don’t think you are,” Klein explains in a two-hour debate with Harris on the latter’s podcast, Waking Up. “We have not called you one.” No, not at all. Klein is telling the truth ... Read More