Sunday July 31, 2011
The “deal” that is surfacing in Washington is a total victory for the Republicans. Even Grover Norquist has given his nod of support.
The deal includes no future revenue increases with cuts at every level. The cuts will lead to worse unemployment and more misery for the American people.
Today Paul Krugman, with the New York Times, called this a 100% victory for the tea party Republicans.
As it stands the debt ceiling limit will be raised along with a plan for massive cuts that put social security and Medicare in the mix. The second stage is to have a bipartisan “committee” oversee the process.
If this passes it is shameful and a defeat for the American people.
The 2 sides of a compromise should be cuts and revue increases, not cuts on one side and raising the debt ceiling on the other side.
Please, please call Congress to demand a change.