Wednesday Daily Delawhere [12.18.13]
From Mike Mahaffie on Flickr.
The Senate’s top Republican signaled Tuesday that he will seek to extract concessions from Democrats in exchange for lifting the nation’s debt limit in 2014, potentially foreshadowing a grueling fiscal fight during an election year.
Gov. Jack Markell, who will present a new budget to the General Assembly next month, will not have a significant boost in new tax revenue to cover mandatory cost increases in health care and education, according to new revenue estimates out Monday.[...] “Even though revenues ultimately are still going to be up from last year, they’re not going to be up enough to cover the automatic growth in Medicaid and the automatic growth in schools,” said Rep. Melanie George Smith, D-Bear, co-chair of the budget writing Joint FinanceCommittee. “That’s the real issue.”Senate Minority Leader Gary Simpson offers the standard Republican prescription for anything involving fiscal matters: tax cuts and more tax cuts. Even though history has shown all tax cuts do is raise the budget deficit, something the Governor and the General Assembly is trying to close. I assume Mr. Markell will not go down the tax cut course, for if he does, he should just join the Republican Party right now. But what I do seem him doing is trying to cut spending on social services to avoid in any way raising a dime in taxes on his friends in the corporate world.
Carper and Coons dismissed the flap, with Coons calling it a “tempest in a teapot.” “This does not strike me as the kind of thing that deserves the sort of attention I understand it’s getting,” Coons said. Carper agreed. “There’s a lot going on that I am focused on,” he said. “This is not one of them.”