Debt deal: How to kill three birds with one stone | Reuters
I've read that there are issues between Boehner and Cantor. Now if Cantor can be the one to pull this together, after all the crap Boehner's pulled? For me, that's another dead bird. Happiness Abounds.ONE STONE, THREE BIRDS
One set of tax cuts could fit into this equation nicely.
Democrats have called for a package of tax cuts and new spending to boost the economy, an effort that has gained new urgency after a dismal jobs report on Friday showed the unemployment rate rising to 9.2 percent.
Republicans initially rejected the idea when it was introduced last month. But they could back some of the cuts to offset other tax revenue, a Republican aide said.
Thus, Cantor's proposal could kill three birds with one stone:
* Democrats could close some of the tax breaks they have targeted;
* Democrats could pass some of the economy-boosting tax breaks they have proposed;
* Republicans could claim that the overall package does not raise taxes.
With those talks ongoing, Cantor has declined to talk about what specific tax provisions could be in play.