Thursday, April 29, 2010

DEBT COMMISSION GETS STARTED with 'everything' on the table, including national sales tax.

I’ll go out on a limb and bet ‘everything’ doesn’t include spending cuts.

But taxpayers may prefer them. In the two most recent gubernatorial elections (New Jersey and Virginia), Governors Christie and McDonnell have in fact managed to cut back state spending: “What's happening in states like Virginia and New Jersey ... suggests that voters may support spending cuts more than most American politicians and pundits have assumed.”

And much more than additional taxes.

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