I don’t understand the caterwauling about the Bush tax cuts expiring in 2013 being a basis for opposing the debt deal. That massive tax increase in 2013 only happens if we lose the 2012 election.
Oops...you know what? I’m wrong. And now I’m also very depressed...
The next Congress can do anything they want to. Its up to us to primary or defeat the current one!
Increasing out debt by 2 Trillion is a tax, it is called inflation.