Mama Bin Cranky

The Deficit Commission solution will be heavily tilted toward new taxes. You cannot see a Dem speaking today a stong mention of how Republicans will have to step up to the plate if they are so concerned about deficits. This is the trap. Dems can only see one remedy for deficits, more taxes.

I predict a VAT tax in the top three solutions trotted out. The Commission will put out a report in early December, and the proposal will have to be voted up or down by the end of January by a lame duck congress.