In Wake of Super Committee Collapse, is a Sea Change in store for the GOP?
by Grant McBundy
Categories: Economy, Featured, Politics, Tax Policy
Former Senator Judd Gregg articulates an evolving Republican position on debt and taxes
As Tax Rascal predicted, the super committee’s negotiations failed. After months of dramatic, closed-door democracy, the panel of twelve congressmen came up empty handed.
No one was surprised.
Still, it may not have been all in vain. Of notable significance, not to say a foreshadowing of a potential sea change in Republican fiscal policy, was republican senators Toomey and Hensarling’s willingness to “raise revenue” – aka raise taxes…
And alarm bells of change are now sounding from other corners too.
Judd Gregg, a former Republican governor and senator who served as chairman of the Senate Budget Committee from 2005 to 2007, has been articulating an evolving … Read more...