Wednesday, May 4, 2011

Kicking the can

GOP leaders and the White House are discussing a deal that would enact strict deficit targets and some spending cuts ... The deal would defer contentious decisions about Medicare, Medicaid and taxes until after the 2012 elections.
...
Targets that would aim to bring the deficit below 3% of gross domestic product by 2015 ...
Of course the GOP chickened out, would they be in Washington if they really wanted less spending?

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