McConnell: White House proposal 'laughable' and no behind-the-scenes movement on fiscal cliff
12/01/2012 02:05 PM
FLORENCE — The spending and tax proposal delivered to Capitol Hill by Treasury Secretary Timothy Geithner was “laughable,” U.S. Sen. Mitch McConnell told Pure Politics on Friday.
McConnell was being literal. According to the Weekly Standard, McConnell burst into laughter after Geithner outlined a plan with $1.6 trillion in tax increases over the next decade.
After speaking to Republicans at a Northern Kentucky dinner Friday night, McConnell said “nothing is going to happen until the president gets serious.”
He said there hasn’t been any behind-the-scenes movement toward a deal that would avoid the fiscal cliff of automatic spending cuts and expiring tax cuts. Here’s what he said:
Below the Fold
Sen. Paul's campaign and victory committees net $1.4M in latest fundraising quarter with nearly $2.3M cash on hand
Political experts say decisions by Paul, Gray to skip national conventions will matter to diehards, not so much everyday voters
Subscribe and get the latest political intelligence delivered to your inbox.