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  • Reid to offer $2.5 trillion debt deal with NO TAXES?

    07/24/2011 2:37:05 PM PDT · by SDShack · 118 replies
    Zero Hedge ^ | 7/24/2011 | CNN Twitter
    Just out from CNN's Lisa Desjardins BREAKING - NEW Dem. debt plan: Reid to offer at "least $2.5 Trillion" in deficit redux w/ no revenue increases, Dem. source tells CNN. NEW REID PLAN: "At least $2.5 T in deficit redux" w/ no revenue increases. BUT, unclear what baseline he's using and what he'd cut. REID PLAN: Dem aide tells our @tedbarrettcnn they think it meets GOP call for dollar-for-dollar spending cuts with debt increase.