Monday, December 31, 2012

Howard Dean: ?If We Go Over The Cliff, Then The President Has A Lot More Leverage?

On ABC?s This Week, former DNC Chair Howard Dean noted a possible political gain for President Obama if Congress doesn?t reach a deal on the fiscal cliff. ?I believe?that if we go over the cliff, then the president has a lot more leverage.?

Vanity Fair National Editor Todd Purdum agreed with temporary host Jonathan Karl that it?s ?ultimately? the president?s economy. ?The tough issues are not being dealt with,? he said.

Dean agreed and noted the ?frustrating thing? for him is that ?Washington is incapable of making a deal that will help the country.? With politicians too focused on deals that will help themselves, an effective deal isn?t on the table.

According to Dean, going over the fiscal cliff means an automatic tax hike on the middle class and ?that will be bad for every politician in Washington.? Expressing more pessimism on the politics of the deal, Dean said an automatic increase in taxes might inspire Congress to ?actually get something done.? Doubling down on his comments, Dean opined, ?At this late hour, I think almost any deal they come up with is worse than going over the cliff.?

Asked about the deal currently being negotiated, Dean agreed with Karl that it would effectively reduce tax rates and ?make the deficit worse.?

Watch the full clip below, via ABC:

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Source: http://www.mediaite.com/tv/howard-dean-if-we-go-over-the-cliff-then-the-president-has-a-lot-more-leverage/

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