We get closer and closer to Default Day. Even David Brooks has come out and said the GOP has gone crazy.
Thanks, Bobo, where have you been for the past
We will increasingly see the so-called mainstream Republicans and the Wall Street GOP start to push the Congressional GOP to get this done. Hoyer just said that any Democratic votes in the House would require revenue increases. Oddly, this might make it easier for the "sane" Republicans to cave on taxes.
More interestingly, Kent Conrad has introduced a bill that closes the deficit with 50% spending cuts and 50% revenue increases.
In other words, a responsible bill.
Hope it gets a vote in the Senate.
It will be a nice change of pace for decent legislation to die in the House for a change.
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