Debt and taxes in D.C.
Posted: November 14, 2012 at 5:25 a.m.
It wasn’t exactly a Kumbaya moment, but top congressional Republicans offered last Wednesday to meet the president halfway when it comes to solving the government’s fiscal woes. In fact, House Speaker John Boehner, said he would support a tax-code overhaul that raised more revenue. There’s an opportunity here for President Barack Obama to finally obtain the “grand bargain” he’s been talking about for years, a deal that brings the federal deficit and debt under control by cutting spending, slowing the growth of entitlements and, yes, raising revenue.
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Editorial, Pages 18 on 11/14/2012