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View Diary: Updated 2: So they have a deal... (33 comments)

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  •  it it true that (1+ / 0-)
    Recommended by:
    Andrew C White

    the two sides agreed that future cuts in spending need to be offset by revenue increases at a 1:1 ratio?  I've been hearing this and I'm having trouble confirming it.  

    •  I think Boehner publicly said that's what (0+ / 0-)

      he wanted in the grand bargain talks he was having with the president last month.

    •  I don't know but if that is what they were (0+ / 0-)

      referring to in this comment that I poo-pooed above

      Democrats see this deal as a victory because Republicans had objected to using any new tax revenue to offset the loss of sequester spending cuts, reports Garrett.
      Then that would be a significant victory that would alter my perception of this deal and improve my concerns about only getting a two month delay in dealing with the sequester business. If future spending cuts are accompanied by matching revenue increases then that is a HUGE victory but I find it hard to imagine that is the case. But now I'll have to go looking to see if that is what they are saying.

      "Do what you can with what you have where you are." - Teddy Roosevelt

      by Andrew C White on Mon Dec 31, 2012 at 10:56:54 PM PST

      [ Parent ]

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