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Frank won't vote for tax deal, predicts passage

Democrat Rep. Barney Frank, the chairman of the House Financial Services Committee, said Wednesday that he will not support the White House’s compromise with Republicans on tax cuts but predicted that the economic package will pass.

“No, I won’t vote for it. I don’t think that I should be coerced,” Frank said on MSNBC’s Andrea Mitchell Reports.

When asked if the deal is going to pass, Frank replied “I’m afraid that it is, yes”

The Massachusetts Democrat also dinged the White House for implying that progressive Democrats who are resisting the compromise have been engaging in “political theater” over an unviable position. “We ought to be able to have honest differences of opinion without those kinds of characterizations,” he said.

Watch the full interview here:

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