Tuesday, November 29, 2011
"The supercommittee failed because Democrats insisted on $1 trillion in new taxes"
Both political parties are blaming each other for this apparent failure.
The president blames the Republicans...
The president blames the Republicans...
The Republicans speak out in this Washington Post opinion column:
"We do not choose to add more to the blame game for failure of the Joint Select Committee on Deficit Reduction , but one Democratic talking point needs debunking: that the talks failed because of Republicans’ attachment to the Bush tax cuts.
The untold story of the negotiations is the significance of the Republican offer of fundamental tax reform. It is critical to understand the interplay between the proposal (dubbed the “Toomey plan”) and existing tax law."
