Yesterday the Obama Administration warned Wednesday that if Congress rejected a compromise tax deal they risk plunging the US economy back into recession.
Today the Pelosi democrats rejected the deal.
They don’t trust his economic judgement, either.
USA Today reported:
House Democrats have passed a resolution saying they’ll reject President Obama’s tax deal with Republicans.
Vice President Biden went to Capitol Hill today to sell the plan to restive Democrats, especially liberals who are angry that the deal would extend Bush-era tax cuts to households making more than $250,000.
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Biden’s pleas were apparently ignored. The House Democratic Caucus passed a resolution by voice vote saying members will vote against Obama’s tax deal in its current form. Biden had been saying that the deal could not be tweaked.
“If it’s take it or leave it, we’ll leave it,” said liberal Rep. Lloyd Doggett of Texas.