On Thursday night, the House of Representatives passed the bipartisan tax compromise and sent it to President Obama’s desk to be signed into law. Several prominent conservatives balked at the plan to keep tax rates in place because they worry about additional deficits. So how do Republican supporters of the plan answer those concerns? How is this huge bill very different from the stimulus plan that passed early last year? How will a two-year tax rate extension impact the decisions of small businesses? What will a Republican majority do next year to make this deal work even better? We ask California Rep. Dan Lungren, who calls the entire lame duck session “an insult to the American people” and also discusses the ‘huge’ significance of Republicans scuttling a $1.1 trillion spending bill put forth by Democrats.
