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jaepee7 karma

What are the chances that "TAXAMAGEDDON" (ie Bush tax cuts expiring) will happen on January 1st? Your recent piece about it maybe being the best chance for real tax reform has me intrigued and dare I say hopeful.

Also - they've already decided to push that and doing anything about the sequester to a lame-duck? Is that right? I just read that yesterday.

jaepee3 karma

Yeah - I'm assuming the GOP loses the Pres. election. And at this point I don't put it past the GOP to throw a tantrum at any time, for any reason. It's heartening that the Tea Party influence has died down, but many of those those GOP freshman seem intent on still throwing their weight around given a chance.

And wasn't the debt ceiling not supposed to be an issue until after January 1? That is, when they made the debt ceiling deal, the WH thought they were taking it off the table until at least early 2013, yes? I guess they didn't give themselves enough leeway?

Thanks very much for the response. You're a pretty big deal to me - since I discovered you, I've found Wonkblog/book and your columns to be indispensable. Keep it up.