Get Something Back, GOP
As I discussed with economic guru Brian Wesbury on tonight’s show, the GOP should demand a real concession as part of a quick deal to get Detroit cash. I think the price from the Dems should be a cut in the corporate tax rate for MI- and OH-headquartered businesses to Ireland’s 12.5%. As Wesbury said, it would spark a huge economic revival in the Wolverine and Buckeye states –just huge. And the teaching moment would be huge as well.
Detroit is going to get the money now or in February. So get something worth having, House and Senate GOP.