Michael Tomasky: Supercommittee Shows GOP Is Taking Hostages Again

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They want to make the Bush tax cuts permanent. The cost of the Bush tax cuts over the next 10 years comes to $3.7 trillion. They've said to the Democrats, in other words, that they will agree to minor revenue increases now, but only on the firm condition that the Democrats accept depleting the Treasury by 15 times as much over the next decade.

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At www.thedailybeast.com

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