Phooey on the tax man!
It would be nice if people on this forum who were screaming needlessly last night would now admit that Boehner was on firm turf when he rejected the larger deal: it contained a HUGE tax increase and phantom spending cuts.
So now BO is going to try to raise the stakes and demagogue the entire issue, play the class warfare game. Boehner should tell BO to either STFU or he won’t even schedule a vote on any debt limit increase.
Best realistic scenario: call the Dems bluff and hold out for a $2 trillion deal that is almost exclusively spending cuts, including an immediate down payment of $500 billion in FY 12 alone.
We are all going to have to stick together and back Boehner and McConnell, because the Beltway MSM is in a panic that the GOP will hold firm real for spending cuts, and they are livid.