Once again, Washington tries to fix the entitlement crisis by either raising taxes or gutting national defense. And the GOP leadership agreed to it…again. Good job, guys.
What we know about the pending deal is that the Democrats and Republicans are agreeing to a Deficit Commission. Despite the media spin — and the spin of some Republican sycophants — the deficit commission, which will be a super committee of the Congress, will have the power to come up with new tax revenue.
And if the Congress rejects the Commission’s demands for new tax revenue, there will be a trigger that cuts both medicare funding and defense funding.
Except, the defense funding cuts will be much more massive than the medicare cuts. And the GOP, in addition to seeing defense cut, would be hacking off seniors right before an election.
In other words, Republican Leaders are asking their members to accept tax increases or massive defense cuts and senior anger right before the election. Oh, and the medicare cuts technically wouldn’t come from beneficiaries, but from providers. Those same providers who’ll just stop taking medicare patients.
Basically: If we don’t agree to raise taxes, national defense will automatically be gutted. Medicare will barely be touched, and even if it is it’ll only impact providers — not beneficiaries. No one cares about providers — not even Democrats. Democrats effectively risk nothing.


by Stephan Tawney on July 31, 2011