It’s a Revenue Problem

The conservative talking point “We have a spending problem, not a revenue problem” is meant to preempt this basic fact about the deficit, as a way to rule tax increases out of hand. But it’s a lie.

Comments

  1. Anonymous says:

    It's a revenue problem all right. Obama has missed his 60 million dollar goal as of 6/30 and it is not being reported.

    He'll wind up buying the election in 2012 but he may have to do it the way he's managed the US budget so far: borrowing the money.

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