In response to:

Here Comes the Cliff

davidfarrar Wrote: Dec 24, 2012 8:41 AM
Cutting taxes while raising annual deficits and the national debt is simply smoke and mirrors for which we all will have to pay sooner or later. ex animo davidfarrar
latebloomer Wrote: Dec 24, 2012 9:21 AM
You are once again conflating tax RATES with tax REVENUES- probably deliberately.
Last week, Republicans proved they are not a governing party. Next week we will see whether Democrats are.

A governing party would have, reluctantly, passed Speaker John Boehner's Plan B, which would have preserved the current tax rates on everyone with incomes under $1 million.

Passage would have put Senate Democrats on the spot, since they voted for a similar measure in 2010. They might have engaged in negotiations with Boehner that could have been more productive than his negotiations with Barack Obama this month and in the summer of 2011.

Then, as Bob Woodward reports in his book "The Price...