Republicans should let Barack Obama jump off the “fiscal cliff” if he wants, but they can also do something productive for the American taxpayers. That is why the American people gave them huge majorities in the House of Representatives in both the 112th Congress in 2010 and in the 113th Congress in last month’s election. The Republicans in the House of Representatives should pass a permanent extension of President George W. Bush’s 2001 and 2003 tax cuts, leave town and have a Merry Christmas.
Newt Gingrich was quoted in a “NewsMax.TV” article on Saturday that he is almost afraid that agreement will be reached to avoid the country from going over the so-called “fiscal cliff,” because “the agreement will be ‘a really bad deal.’” Remembering past deals such as the one President Ronald Reagan said was one of his worst decisions -- i.e. Reagan said he would deliver $1 dollar in tax increases for every $3 of federal spending cuts offered by then-Speaker of the House Tip O’Neill -- Speaker Gingrich said, “I don’t see any evidence that the president is prepared to deliver liberal Democrats in the Senate for any kind of spending cuts that matter.”