A deal to stop the looming fiscal cliff that threatens massive tax increases and spending cuts across the nation is likely to be struck because “chastened’’ hardline Republicans are now more apt to compromise, according to Democratic New York Senator Chuck Schumer.
Speaker of the House John Boehner “wants to compromise, that’s why he gave that speech. He’s not a hard right guy, he’s a mainstream conservative,” Schumer said on MSNBC’s “Morning Joe’’ Friday.
“And I think it’s going to help because the hard right is chastened in a lot of ways.’’
Boehner struck a conciliatory note after President Barack Obama’s victory by announcing he is ready to consider approving higher taxes in an effort to help lower the deficit.
“I'm the most reasonable, responsible person here in Washington. The president knows it. He knows that he and I can work together,’’ Boehner said.
“The election's over. Now it's time to get to work.”
Schumer said Boehner’s olive branch for a bipartisan deal is how “democracy works in its slow, grinding ways … All these Tea Party guys didn’t campaign on the same platform they campaigned on in 2010. So I think they’re going to be less hard-nosed.”
Schumer said the nation’s election choices show it wants a compromise between the endlessly warring House and Senate.
“The election, what did it say: You elected a Republican House, and what was their watch-word: cut spending. You elected a Democratic Senate and a handsome victory for President Obama,’’ Schumer said.
“What was our platform? The wealthy should pay a little bit more and there should be new revenues. Just marry the two.
“The trick will be if Speaker Boehner’s instincts to preserve the Republican Party and preserve the nation in a certain sense, will prevail over the hard right. He needs some help.”
For their part, Democrats will be willing to negotiate compromises on Medicare, Medicaid and other issues, he said.
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