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Monday, June 27, 2011

Deal on debt?

And what a great deal it would be, from the WP:

"As President Obama prepares to meet Monday with Senate leaders to try to restart talks about the swollen national debt, some Republicans see a potential path to compromise: significant cuts in military spending.

Senior GOP lawmakers and leadership aides said it would be far easier to build support for a debt-reduction package that cuts the Pentagon budget — a key Democratic demand — than one that raises revenue by tinkering with the tax code. Last week, Republicans walked out of talks led by Vice President Biden, insisting that the White House take tax increases off the table.

In listening sessions with their rank and file, House Republican leaders said they have found a surprising willingness to consider defense cuts that would have been unthinkable five years ago, when they last controlled the House. While the sessions have sparked heated debate on many issues, Rep. Peter Roskam (Ill.), the deputy GOP whip, said there are few lawmakers left who view the Pentagon budget as sacrosanct.

“When we say everything is on the table, that’s what we mean,” said House Majority Whip Kevin McCarthy (R-Calif.), the No. 3 leader who has been hosting the listening sessions in his Capitol offices."

This seems to good to be true to me...

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