http://www.nytimes.com/2010/02/17/business/economy/17gridlock.html
After Republicans like McCain who sponsored the idea wouldn't even vote for it, I'm glad to see this move. Like I mentioned in the Paul Ryan thread, spending cuts won't work unless they're very, very drastic and ole people won't buy it.
"Elected Republicans, however, are under intense pressure from their party’s conservative base to oppose any tax increases — a line in the sand that dims any prospects for bipartisan cooperation. Yet economists, including veterans of past Republican administrations, are vocal in insisting that the debt problem is too great to be solved without increasing revenues somehow and perhaps moving to a new consumption tax system like Europe’s."
So if this panel recommends a little bit of both, will Republicans be on board and actually show some character, or will they just say no like they have to everything else and watch the problem get worse? And will Democrats be willing to make cuts to their favorite projects or be just as bad as the Right?
derek bomar
Senior Member
3,722
posts
derek bomar
Senior Member
3,722
posts
Wed, Feb 17, 2010 7:21 AM
Feb 17, 2010 7:21 AM
Feb 17, 2010 7:21am