MSNBC’s Schultz on fiscal cliff: ‘The White House is taking the Republicans to the cleaners’

Jeff Poor | Media Reporter

MSNBC’s Ed Schultz is joining the White House in declaring victory after the last-minute Tuesday morning fiscal-cliff deal, even though it has yet to clear the House of Representatives.

“[I] would say that this is a big victory for the president and the people,” Schultz declared. “This is what the people voted for.”

Schultz touted Democrats’ ability to protect Medicare, Medicaid and Social Security, and to also protect the middle class from tax increases.

“At the end of the day, this is going to help the economy if you believe there’s going to be less taxes taken in for people under $450,000,” Schultz said. “They’re going to have more expendable income to keep the economy going and that’s what the White House wants. So to go from $250,[000] to $400,[000] — that is a small move. Liberals have to realize that’s a small move if you’re protecting the big three and if you’re getting a fixed rate on 39.6 percent.”

Schultz said the Democrats had cashed in on a mandate they earned on Election Day.

“If I could just put it this way: The White House is taking the Republicans to the cleaners in negotiation on this,” Schultz continued. “This is a huge win for the White House, if they can get the votes on this. And that’s why [Sen. Chuck] Schumer is coming out, saying that there’s going to be strong Democratic support here. This is a big win for the Democrats, no question about it — big win for America. This underscores the vote on November 6. There’s no question about it.”

(h/t Real Clear Politics Video)

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