Posted by | May 22, 2012 13:06 | Filed under: Top Stories

A tax deal is “impossible,” says Senate Majority Leader Harry Reid.

Responding to GOP demands to immediately extend Bush-era tax cuts, Reid released a sharply worded letter Tuesday saying the right wing’s refusal to entertain new taxes would prevent any deal before November. Republican senators have abandoned deal-making for “fear of retribution from tea party extremists,” Reid wrote in the missive to Senate Republicans.

Reid said the GOP must accept higher taxes on those earning more than $1 million and corporations, and drop its leading Medicare overhaul proposal, in order to reach a consensus with his party.

“Unfortunately, it appears that Republicans’ blind adherence to Tea Party extremism is making it impossible to reach this sort of balanced agreement before the election,” he wrote.

By: Alan

Alan Colmes is the publisher of Liberaland.