Hell seems to have finally frozen over. Congress is now showing signs of the return of sanity in its ranks. The Washington Post published an article this evening about a letter signed by 4o House Republicans and 60 House Democrats that "encouraged Congress's deficit reduction committee to explore new revenue". The letter also suggested the supercommittee should consider entitlement reforms.
Yes, I said 40 Republicans and 60 Democrats signed a letter that suggested new revenue (aka taxes and/or removal of tax breaks) and cuts to entitlement programs.
I have to say that I feel a touch of shock and awe when I read this:
And several Republicans who signed the letter were careful to note they were not endorsing a net tax increase — but rather a broad rewrite of the tax code that might close loopholes and lower rates, while still producing more government revenue.
Let me repeat that. "More government revenue." A quote from a Republican.
Amazing. It turns out that the House of Representatives might be remembering how to represent the people, rather than ignore them.
--Statler, forum moderator
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