On the deficit/debt issue, are the Republicans just posturing or are they really serious?
In the so-called “Super Committee,” Democrats have worked hard to cut programs, offering a $3.2 trillion compromise. But their proposal was instantly rejected by Republicans on the panel … because it included new tax revenues.
The Republicans apparently think that their wealthy base — the only ones who don’t use or need government programs — will reward them for this, but it’s a risky proposition to enter negotiations with a no-negotiation attitude.