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The Tax Fight Won't Be the Hardest

Posted at 1:30 p.m. on Nov. 19, 2012

Suzy Khimm: “If Republicans do agree to a deal on tax revenue, it will be on the condition that Congress and the White House will also make major cuts to spending to reduce the deficit as well, presumably focused on the entitlement side… But the rumblings on both the left and right make it clear that the fight over the spending side of a budget deal could be just as bloody as the one on the tax side.”

2comments
Budget & Taxes

Headlines

  • molosky

    Give’em what they want. Raising spending is easy. Raising taxes is hard.

  • Wary

    The ‘tax side’ is not bloody just whiney sticking up for the uber wealthy against 60% of the nation that wants to end Bush tax cuts.

    The reverse is true on entitlements. Democrats are on firm ground, they’ve already taken out Social Security since it operates on it’s own account, not from the budget.

    Medicare cuts easier, cut parts of the Republicans medicare plan D, like in full pay for prescription drugs, have the government use a bidding process.

    It’s going to be interesting, for sure. I suspect we’ll go off the cliff, the Republicans are firmly dug in protecting tax cuts for rich. Oh well, it’ll be interesting.

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