Chuck Todd, attempting to flesh out some talk show chatter from Eric Cantor about budget compromise (GOP-style, i..e., with no new revenue), floats a GOP trial balloon: Left unsaid by Cantor is what entitlement reform has to look like. There’s been some chatter in GOP circles that it’s about simply taking the president’s offer on chained CPI. The argument by some Republicans on this strategy is that Republicans would be able to claim victory on stopping the sequester and getting an opening to begin entitlement reform without capitulating to the president’s demand that chained CPI (which would change Social Security benefits among other things) come with some new tax increases. But would the president be open to this? Chained CPI in exchange for turning off sequester? Seems reasonable now… but who knows.
Reminder: chained-CPI means new revenue
Reminder: chained-CPI means new revenue
Reminder: chained-CPI means new revenue
Chuck Todd, attempting to flesh out some talk show chatter from Eric Cantor about budget compromise (GOP-style, i..e., with no new revenue), floats a GOP trial balloon: Left unsaid by Cantor is what entitlement reform has to look like. There’s been some chatter in GOP circles that it’s about simply taking the president’s offer on chained CPI. The argument by some Republicans on this strategy is that Republicans would be able to claim victory on stopping the sequester and getting an opening to begin entitlement reform without capitulating to the president’s demand that chained CPI (which would change Social Security benefits among other things) come with some new tax increases. But would the president be open to this? Chained CPI in exchange for turning off sequester? Seems reasonable now… but who knows.