If Cantor gives an inch they will take a mile, the line in the sand has been compromised.Not sure I agree. He is firm on deficit reduction. In exchange for loophole closing, he wants offsetting tax cuts elsewhere. Looks like he took their talking points they were counting on for the next couple of weeks off the table. Look, there is no way they can pass any kind of tax legislation, even if they wanted, in the next few weeks. The move by Cantor merely keeps them on-subject which is deficit reductions, real cuts. IMHO, of course.
I agree with that. Actually, close every tax loophole that exists. Why settle for a few items.
Congress should go line by line through the tax code and fix it. Seems like the only two people who have read the tax code is Ryan and Cantor.