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Monday, June 27, 2011

Obama to Meet with Senate Leaders on Deficit Plan

“One day ahead of a meeting with President Obama, the Senate’s top Republican insisted again Sunday that tax increases would not be a part of any deal with Democrats and the White House to raise the nation’s $14.3 trillion debt ceiling…. Mr. Obama is scheduled to meet separately at the White House with the Kentucky Republican and with Majority Leader Harry Reid, Nevada Democrat, to try to jump-start the debt talks that broke down on Capitol Hill last week.” (Washington Times)

No new (or higher) taxes!

FEE Timely Classic
“The Progressive Income Tax” by John Chamberlain