This is a class blog for the students of POLSCI 426: Congressional Politics at the University of Wisconsin–Milwaukee.
House set to OK tax package worth $1.8B
The House has set the line to the left at 1.8 billion in tax cuts. The senate has set the line further to the right at 8.3 billion in tax cuts. The president would prefer even more cuts than the senate, but the tax cuts of the senate far in to his indifference curve, though he might pass the 1.8 billion in tax cuts. So does that make the win set between 1.8 and the status quo? I think so.
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2 comments:
[I reposted to correct for a minor error in aligning the Senate's preferred-to set's right-most limit.]
Given:
The Senate’s aggregate ideal preference ($8.3 billion in tax cuts) is to the right of the status quo.
President Bush’s ideal preference (more than $8.3 billion in tax cuts) is to the right of the Senate’s ideal preference, resulting in two political actors’ ideal preferences existing to the right of the status quo.
The House’s aggregate ideal preference ($1.8 billion in tax cuts) is to the left of the status quo, resulting in one political actor’s ideal preference existing to the left of the status quo.
Ergo:
The only overlap of preferred-to sets is that of the intersection of the Senate and President Bush preferred-to sets from the status quo to the right-edge limit of the Senate preferred-to set, resulting in the only win set being the range between the status quo and halfway beyond the $8.3 billion in tax cuts and however much Bush wishes to give in tax cuts.
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