Tuesday, April 30, 2013

The New GOP Threat on the Debt Ceiling

Johnathan Bernstein wrote an interesting piece about the GOP's strategy on the debt ceiling fight that is brewing this summer.  It seems that the Republicans, having already wrangled steep cuts to government spending via the sequester and getting President Obama to include some entitlement cuts in his budget, have decided to focus on Tax Reform.  Specifically, they want Democrats to go along with revenue neutral tax reform, which will explode the deficit, in exchange for a debt ceiling increase.

Huh?

Mr. Bernstein explains it better than I do.  To read his piece, click on the link below.

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