The libertarian Republican commentator in New York City opines about the Congressional GOP's role in the fiscal cliff deal: "This legislation cuts spending by $1 for every $41 in higher taxes. Yup: $1-to-$41. And that $1 likely won't get cut. This legislation boosts net spending by $330 billion and increases the national debt by $3.9 trillion through 2022. This law contains $7 million in special tax favors for electric scooters, $59 million for biofuel-algae growers, $78 million for NASCAR, $222 million for Puerto Rican rum producers, and $248 million for the motion-picture industry. It offers no escape from the new 2.3 percent 'Obamacare' tax that already is killing jobs. Republicans reply that they caved today to fight another day. Believe it when you see it."
Mr. Murdock continues his commentary about the GOP: "Boehner boneheadedly canceled a Monday night vote on $60 billion in aid for Hurricane Sandy's victims. The Senate shamefully contaminated this bill with such pollution as $150 million for Alaskan fisheries. Boehner should have purified the Senate bill of such irrelevancies, pushed it through the House, and sent it across the Capitol without the detritus that senators recklessly inserted. Instead, Boehner scotched the Sandy vote without explanation, then endured bitter bipartisan criticism for his high-handed callousness. Boehner eventually relented and promised Sandy-relief votes. But Boehner suffered deep, self-inflicted wounds."