Bridging the no-new-taxes divide

Townhall.com Staff
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Posted: Jul 14, 2011 10:29 AM
Bridging the no-new-taxes divide
Democrats insist that any debt deal must include new revenues. Republicans say no way.

The differences seem irreconcilable, the hopes for a deal all but dead.

But they’re not.

Politicians can always finesse the way they inject new money into the government bloodstream — and what they call it.

A short list of revenue ideas, floated for weeks among congressional leaders and the White House, points to some wiggle room behind the black-and-white positions — and therefore, more leeway for a deal than the rhetoric suggests.

Read more: http://www.politico.com/news/stories/0711/58944.html#ixzz1S5d5ByCN