We gave in to the Congressional Republicans on the debt ceiling debate on almost every issue. We agreed not to raise taxes on the wealthy. We agreed not to tighten loopholes that allowed them to hide their assets elsewhere. We said that, instead, we would slash government spending. We were told that there wasn’t a […]
Tag Archives: Paul Begala
The U.S. credit rating slips, proving that the debt ceiling agreement didn’t really fix anything
Posted in Economics, Politics, Uncategorized | Also tagged budget deficit, Bush tax cuts, credit ratings, debt ceiling, Dick Cheney, federal budget, George Bush, national debt, New Deal, Obama, revolution, starve the beast, we need a revolution | 20 Comments