[LS]

I don't know where people get that $800 b in "new revenue" is necessarily a tax hike. Reagan generated 40% more "new revenue" with a tax cut. You could slice out EVERY agricultural subsidy, including tobacco and ethanol, and that would be fine with me. Eliminating SUBSIDIES isn't a tax hike, but it's new revenue.

There will be a debt ceiling increase. Period. All but nine of the House Tea Party members have already gone on record as voting for it. So you can stop beating that horse. The issue now is what cuts accompany that.

[jimbo123]

$800B in “new revenue” on the Obama-Boehner plan is generated by not extending the Bush tax cuts for individuals making more than $200k/year and families making more than $250k/year. That is a TAX INCREASE.

Why should the producers in this country be punished and the Obama-voting leeches/non-producers be rewarded?