No politician (with the possible exception of libertarian Ron Paul) is willing to cut the budget enough to contain the deficit
http://www.chron.com/disp/story.mpl/...k/6342306.html
Phony deficit hawks refuse to admit truth about taxes
By E.J. DIONNE JR.
Washington Post
March 25, 2009, 8:47PM
The debate on the budget is phony, the howling on deficits a charade. Few politicians want to acknowledge that if you really are concerned about long-term deficits, you have to support tax increases.
That’s why the most significant moment of President Obama’s news conference on Tuesday was not his dodge of a question on AIG, but his defense of the least popular tax increase in his budget: limits on the benefits wealthier taxpayers get for their charitable contributions and mortgage payments.
It has been a long time since a president was willing to defend raising taxes. You have to go back to Bill Clinton and his 1993 budget. The consequences for Democrats who voted for that budget — no Republicans did — were grave. Republicans swept the 1994 elections and held on to the House for 12 years. No wonder politicians are so phobic about taxes.
Obama himself is only going part of the way on tax increases. He is still arguing that he can fix things with hikes on just the top 5 percent of taxpayers.
He’s right that a large share of any increase should hit those who enjoyed the biggest income gains over the last decade. But in the end, no politician (with the possible exception of libertarian Ron Paul) is willing to cut the budget enough to contain the deficit without a general tax increase down the road.




















