You KNOW if they raise a half-trillion (!!) in taxes, they are going to figure out a way to spend every penny of it.
if they raise a half-trillion in new taxes, they will spend at least a trillion more.
Incorrect! If they raise a half-trillion in taxes, they will find a way to spend one trillion and surprise surpise the deficit goes up not down.
Obama has tabled a program that he knows is a non-starter. The object behind all this is to allow the debt limit to go into crisis phase so that some paychecks are halted and Democrats can blame the Republicans. It is the old Clinton shell game, but this time it is playing Russian roulette with five bullets loaded.