Copyrighted Image? DMCA | In a column on the budget, to maintain credibility with Beltway elites, I am supposed to claim the impasse is both parties' fault. It isn't. The conventional wisdom is that Republicans won't support any more tax increases and Democrats won't support any more spending cuts. That's half right. Republicans are blaming President Obama's "failed leadership" for the sequester and arguing that it was the White House that first proposed the gun-to-the-head approach. As the kids say, whatevs. The Democrats have come to the table with spending cuts. Will the Republicans join them and support some tax increases? Um, no. |