The Corner

Thune Comes Out in Support of Tax Deal


While acknowledging that the Obama-McConnell tax compromise is far from “perfect,” Sen. John Thune (R., S.D.) announced on the floor of the Senate moments ago that he would support it. 

“It’s easy to stand on the sidelines and criticize this proposal, and maybe it’s political expedient,” Thune said, arguing, in what could be interpreted as a thinly-veiled criticism of Sen. Jim DeMint (R., S.C.) and others who have expressed strong reservations about the compromise, that “advocating against this tax proposal is advocating for a tax increase.”

Thune said he’d prefer to see a bill written in January, after a newly strengthened Republican caucus is sworn in, but that that was a “luxury” the Senate doesn’t have.

Citing recent polls showing large majorities of American supporting tax deal, Thune called it an “empirical fact” that marginal rate cuts generate not less, but more revenue. He said that he would go forward with a suspension motion to consider his amendment to pay for the compromise’s unemployment benefits extension with unspent discretionary funds, though he admitted it would likely fail.

Daniel Foster — Daniel Foster has been news editor of National Review Online since 2009, and was a web site editor until 2012. His work has appeared in The American Spectator, The American ...

Most Popular


Trump and the North Korean Tipping Point

The world has been stunned by North Korean dictator Kim Jong Un’s announcement last week that he was suspending his country’s nuclear tests in preparation for the impending meeting with President Trump. Even critics have had to concede that Trump’s bellicose rhetoric since last summer regarding the North ... Read More
Politics & Policy

E Pluribus . . . Gridlock

A mantra we hear everywhere these days is that diversity is a good thing. And no doubt, it is. Diversity facilitates an exchange of ideas and opinions, and it promotes economic growth. Moreover, the alternative to diversity is to suppress the views and opinions of some subset of citizens, which is completely ... Read More
Economy & Business

Trade Misunderstandings

I was distracted by other policy topics last week but not enough not to notice Peter Navarro’s article in the Wall Street Journal, headlined “China’s Faux Comparative Advantage.” Considering Navarro’s position in the White House, it is unfortunate that it demonstrates some serious misunderstandings ... Read More