Republican congressional leaders opened some room Sunday for a longer-term deficit reduction agreement that eventually could blunt the effects of the $85 billion in automatic spending cuts now in place.If you said, "that's their idea of a deal?" and "this is about the deficit?" you're right! Number one, they're not talking about a "bargain" or a "deal." They're talking about President Obama giving them what they want: more tax cuts. Number two, they're not talking about a deficit deal; they're talking about tax cuts. Otherwise they wouldn't insist on revenue from tax tweaking being reserved for, yes, tax cuts. In other words, yes we'll agree to getting rid of the tax subsidy for corporate jets, just as long as you give in on a tax cut that will ensure the corporate jet owners' tax bill doesn't go up at all.
But in appearances on the Sunday talk shows, Speaker John A. Boehner, R-Ohio, and Senate Minority Leader Mitch McConnell, R-Ky., insisted that any revenue from a tax overhaul would have to be reserved for reducing tax rates and not used to fund government spending or lower the deficit.
Proving yet again, Republicans don't care about the deficit. The only thing that matters is tax cuts.