Thursday, June 23, 2011

Raise Taxes - Most Important Budget Idea of Democrats

Debt limit talks broke down today over a simple issue: Democrats argue for higher taxes.  (note: Republicans are not demanding lower taxes)

“If we could agree on the pieces most important to us Democrats, revenue, we’re prepared to agree on some of the things that you (Republicans) want in discretionary spending,” Biden said last Thursday evening, outlining some of the potential trade-offs.

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