DiscussWorldIssues - Socio-Economic Religion and Political Uncensored Debate - View Single Post - Breaking: White House, Republicans Strike Tentative Deal To Raise Debt Ceiling

**lookanddiscover** · 08-03-2011, 12:44 AM

My understanding is that the committee was timed to coincide with the proposed lapse of the Bush cuts to give most of the GOP an exit path on revenues by grudgingly agreeing to let all or part of the tax cuts lapse. The timing also lays the foundation for holiday sentimentality on the politics of "do you want to cut Grandma's Medicare access starting in January or trim back just 3% of the financial windfall that millionaires and billionaires have enjoyed while we've all suffered?"

If they carve the tax cut lapse to those making over $1 million a year, they can probably sell it.

08-03-2011, 12:44 AM	#19
lookanddiscover Join Date Nov 2005 Posts 527 Senior Member	My understanding is that the committee was timed to coincide with the proposed lapse of the Bush cuts to give most of the GOP an exit path on revenues by grudgingly agreeing to let all or part of the tax cuts lapse. The timing also lays the foundation for holiday sentimentality on the politics of "do you want to cut Grandma's Medicare access starting in January or trim back just 3% of the financial windfall that millionaires and billionaires have enjoyed while we've all suffered?" If they carve the tax cut lapse to those making over $1 million a year, they can probably sell it.
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