Tom Cole: Opinion in GOP on Bush tax cuts ‘split’

Rep. Tom Cole (R-Okla.) tells the Weekly Standard that opinion among House Republicans on his proposal to let the Bush tax cuts for the rich expire is "split." 

“There are some people who are mulling it over or think, well, maybe this is too soon," he said. "Are we giving up some sort of leverage in this other negotiation. Shouldn't it be part of a larger package?”

But, just in case some Democrats are getting too fond of Cole, he called President Obama's overall "fiscal cliff" proposal "laughable." 

A few House Republicans have joined Cole in arguing that the party should agree to tax cuts for income under $250,000 a year and argue over tax cuts for the wealthy later. But Republican leadership has rejected the idea. House Speaker John Boehner (R-Ohio) has repeatedly said that he is willing to raise tax revenue only by closing loopholes and deductions, not by raising individual tax rates.

Rachel Weiner covers local politics for The Washington Post.

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