Stabilizing Taxes
“You’d have to say job one is get this tax situation at least stabilized, let’s decide what we’re doing on the tax-cut extensions, let’s not be raising taxes while we still got 9.6 percent unemployment,” John Engler, NAM’s president and former Michigan governor, said today on CNBC.
On health care, they are “really going to be pushing back on the regulations,” said Kim Monk, managing director at the investment advisory firm Capital Alpha Partners LLC in Washington. “There could be some serious blowback from a Republican Congress.”
Republicans also are likely to use their new leadership of House committees to tie up administration officials in hearings to explain and delay proposed rules on pesticides, ozone standards and mining, said Kenneth Green, resident scholar at the American Enterprise Institute in Washington, a group critical of Environmental Protection Agency regulations.
The efforts may backfire, especially if Republicans carry out threats to subpoena members of the Obama administration and if their push to cut spending results in a government shutdown, said Jack Pitney, a political science professor at Claremont McKenna College in Claremont, California.
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