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February 3, 2013
Harry Reid to guarantee government shutdown by insisting on more 'revenue' in budget talksAs long as the majority leader insists that "revenue increases" are part of any package to keep the government running, House Republicans will oppose him.
There is no way that closing tax "loopholes" for the rich is going to generate the kind of revenue that will satisfy the voracious appetite for cash that Reid and his boss possess. And there's no guarantee they would follow through on any budget cuts, especially those that would hit Medicare, Medicaid, and Social Security. But Reid isn't interested in revenue so much as placing the blame for any government shutdown on Republicans. He and his boss in the White House think they can spin any breakdown in negotiations and make it look like the GOP's fault. In this, they may be successful. What their strategy will do to the economy appears to be a concern furthest from their minds.
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