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Friday, June 24, 2011

Search for Budget Compromise in Trouble

“Congressional Republicans on Thursday abandoned budget talks aimed at clearing the way for a federal debt limit increase, leaving the outcome in doubt as they vowed not to give in to a Democratic push for new tax revenues as part of any compromise.” (New York Times)

The last thing government should get is more revenue.

FEE Timely Classic
“Higher Income Taxes Are Benign? It Just Ain’t So” by Jeb Bleckly and Joshua C. Hall