December 14, 2012
CUT DEFENSE TOO:
With Gap Wide and Time Short, Obama and Boehner Meet (JONATHAN WEISMAN and JACKIE CALMES, 12/14/12, NY Times)
If no deal is reached, Republicans are increasingly talking about a more hostile outcome in which the House passes legislation that extends tax cuts for the middle class, sets relatively low tax rates on dividends, capital gains and inherited estates, and cancels the across-the-board defense cuts, but leaves in place across-the-board domestic cuts.
Nevermind that we spend way too much on it, goring your own sacred cow makes you more serious.
Posted by Orrin Judd at December 14, 2012 4:01 PM