Josh Green is perplexed by the politics of Obama's proposal for $200 billion in business tax cuts:
It appears unlikely that anything but the small-business bill will make it through Congress before November. A better bet is that the initiatives that Republicans favor will get taken up early next year--meaning there's a good chance that a (probably) Republican Congress will kick things off by passing a massive tax cut for business. And who do you suppose will benefit from that scenario?
Sometimes it's amazing to recall that Democrats control Washington.
But Obama, like Clinton, is not the Democratic party and the more radical a Republican Congress the more Independents may return to the fold.