TEA POTS
Taxed Enough Already Patriots Opposed To Spending!!!!!
In all fairness to Lurch, S&P had these gems in their downgrade report - “The act contains no measures to raise taxes or otherwise enhance revenues, though the committee could recommend them.” and “Compared with previous projections, our revised base case scenario now assumes that the 2001 and 2003 tax cuts, due to expire by the end of 2012, remain in place. We have changed our assumption on this because the majority of Republicans in Congress continue to resist any measure that would raise revenues, a position we believe Congress reinforced by passing the act.”
I disagree with S&P’s analysis but they do indirectly blame Republicans.