Kentucky Senator Mitch McConnell is reportedly signaling that he and fellow GOP Senators are open to a strategy that would likely lead to the expiration of the Bush-era tax cuts for the nation’s highest earners. The website Politico is reporting McConnell talked about Senate Republican strategy late last week during a dinner in Washington with lobbyists.
Citing multiple sources in the room, Politico reporters say McConnell told those in attendance that Senate Republicans were looking to take a “two-bill strategy” to resolving the fiscal cliff crisis. Under such a plan, two different bills would be advanced in Congress, giving each party the chance to vote on the approach they favored, while knowing only one measure will actually be signed into law.
Poltico reports McConnell suggested he believed Senate Republicans could support a bill that renewed the Bush-era tax cuts for all but the top 2% of wage-earners, and increased taxes on capital gains and dividends from 15% to 20%. At the same time, the GOP-led House would pass a second bill that would extend the Bush tax cuts for all Americans. Such a move could possibly allow House Republicans to save face with supporters who are against raising any taxes.
The leader of the U.S. Senate says he won’t involve himself in efforts to knock off Kentucky Senator Mitch McConnell. Senate Majority Leader Harry Reid is promising to stay off the campaign trail as McConnell tries to win a sixth term in Washington.
The website Politico quotes Senator Reid—a Nevada Democrat-- as saying it wouldn’t be “appropriate” for him to campaign publicly against McConnell. There is a long tradition of Senate leaders avoiding public campaigning against their counterparts, given that they have to—at least in theory—try to work together to get things done.
U.S. Sen. Mitch McConnell says the Tea Party has been good for the Republican Party. Critics of the Tea Party blame it for costing the GOP the majority in the U.S. Senate the past four years, citing high-profile losses in Delaware, Nevada and Indiana.
Last week, the leader of the Tea Party in the Senate, Jim DeMint of South Carolina, announced he was leaving to lead a think tank.
But McConnell says the Tea Party has done something important for the GOP -- it's energized the party.
Lieutenant Governor Jerry Abramson will not be a Democratic Senate candidate in 2014, taking on the nation's most powerful Republican, Minority Leader Mitch McConnell. Abramson says having served about a quarter-century as Louisville Mayor before taking on his current post, he sees himself more as an executive, than a legislator.
More than a dozen Republican members of Congress—including Kentucky Senator Mitch McConnell-- hope to file a friend-of-the-court brief in Hobby Lobby Stores Inc.'s lawsuit that challenges the federal government's requirement that health insurance cover the morning-after pill.