All posts tagged: 10-1 deal

Why the 10-1 tax “deal” is no deal

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Political Commentary

With fiscal calamity looming, Democrats keep emphasizing the failure of Republicans to allow “give and take.” On ABC’s This Week, Jake Tapper pointed out that in the super-comittee that was appointed to work out a budget solution, Democrats offered a deal: $10 of spending cuts for every $1 of increased revenue. This sounds like a reasonable offer and makes Republicans look like uncompromising ideologues for rejecting it. But this is no “deal” at all. It’s […]