Republicans' newfound willingness to consider tax increases to avert
the "fiscal cliff" comes with a significant caveat: larger cuts than
Democrats seem willing to consider to benefit programs like Medicare,
Medicaid and the president's health care overhaul.
The disconnect on benefit programs, coupled with an impasse between Republicans and the White House over raising tax rates on upper-bracket earners, paints a bleak picture as the clock ticks toward a year-end fiscal debacle of automatic tax increases and harsh cuts to the Pentagon and domestic programs.
Read more: http://townhall.com/news/politics-elections/2012/11/27/a_big_disconnect_as_fiscal_cliff_clock_ticks
The disconnect on benefit programs, coupled with an impasse between Republicans and the White House over raising tax rates on upper-bracket earners, paints a bleak picture as the clock ticks toward a year-end fiscal debacle of automatic tax increases and harsh cuts to the Pentagon and domestic programs.
Read more: http://townhall.com/news/politics-elections/2012/11/27/a_big_disconnect_as_fiscal_cliff_clock_ticks
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