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GOP Strategic Retreat?

mj01323 Wrote: Dec 08, 2012 11:39 AM
He wants tax increases on tax increases, no spending cuts, plus stimulus spending. This will be followed by more tax increases plus elimination of deductions - itemized deductions and business deductions that have been considered ordinary and necessary.
Republicans are divided. President Obama won't budge. And more and more, it looks like the fiscal-cliff deadline of Dec. 31 will be missed.

It's now clear that Team Obama wants higher tax rates and revenue-raising tax-deduction caps to meet their $1.6 trillion revenue target. Spending cuts and entitlement reforms are vague to nonexistent. In fact, it could be that Obama not only rejects the across-the-board budget sequester, but that he actively seeks to raise spending, not cut it.

I guess it stands to reason that if you puff up his $800 billion revenue increase from last year, and double it to...