http://www.huffingtonpost.com/2012/1...p_ref=politicsThe new balance of power means that Democrats who once would have acquiesced reluctantly to GOP demands for stiff benefit cuts are now balking at ideas such as chained CPI or an increase in the Medicare retirement age, as well as demanding GOP concessions to higher taxes.
"The price for that kind of thing has gone up," said a senior House Democrat who required anonymity to speak frankly on party strategy. "Negotiations depend on the situation. No one should expect to get the same kind of deal."
Republicans have gotten the message, but insist that higher tax revenues be paired with cuts to rapidly growing programs such as Medicare and the Medicaid health care program for the poor and disabled.
It will be interesting to see what this is going to turn out like. I am interested in everyones opinion on this topic.
First what percentage of the deal that the congress makes should be tax increases and how much should be spending cuts. I am going to post a poll so that people can choose their rate in that way.
After you vote, though, would you comment on what tax increase you would like to see... Corporate or upper income individuals, across the spectrum tax hikes... whatever you think about that.
I would also appreciate your opinions on what programs need to be cut and why. Are they ineficient, do you have moral issue with a certain expense, are there programs that can be merged... again... whatever your issue is there.