Why the 10-1 tax “deal” is no deal
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 […]
Wesley Gant 