A nice timeline of the 2010-2011 budget follies, including the various Grand Suggestions from the Super-Committee.
Bottom line (albeit from my PoV), the Dems were more than willing (overly so, in fact) to offer substantial spending cuts, in exchange for modest tax increases. The GOP members were only willing to discuss spending cuts. Not surprising at all that nothing came of it … and it won't be surprising when Congress manages to wish away the other budget compromise mandates for obligatory cuts. #ddtb
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How Republican Tax Intransigence Sank The Super Committee: A Timeline
Our guest blogger is Sarah Ayres, a research associate at the Center for American Progress Action Fund. By now we have all heard the latest in the months-long debate over reducing the nation’s deficit…
Tax increases, compromise, negotiate–I don’t think those words means what you think they do.