August 2nd, 2011
Jonathan Chait sees a potential silver lining for Democratic priorities:
"I actually think the design of this plan is fascinating. You take a couple of the most powerful forces preventing major policy change -- partisan gridlock and special interest influence -- and turn them into forces for change by rejiggering the default setting."
Showing posts with label future revenue. Show all posts
Showing posts with label future revenue. Show all posts
Tuesday, August 2, 2011
Ezra Klein On Future Revenues
August 2nd, 2011
Ezra notes that there are still many options available to raise revenue... and that Speaker Boehner still doesn't seem to understand how government works:
"When Speaker John Boehner was trying to reassure his members that the debt deal wouldn’t lead to tax hikes, he fell back on an unexpectedly technical — and incorrect — argument. The deal, he said, “requires baseline to be current law, effectively making it impossible for Joint Committee to increase taxes.” That’s not just wrong. It’s wrong in a way that gets at a fundamental fact about the relationship between Boehner and the two groups who judge his work:
his members, and the Congressional Budget Office."
Ezra notes that there are still many options available to raise revenue... and that Speaker Boehner still doesn't seem to understand how government works:
his members, and the Congressional Budget Office."
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