Disregard everything you hear coming from President Obama, Harry Reid and Mitch McConnell, and John Boehner regarding the so-called negotiations on the so-called fiscal cliff. It is absolutely, positively, without question, business-as-usual in Washington D.C.
Tim Carney: How corporate tax credits got in the 'cliff' deal.
Fiscal Cliff Bill Loaded With Pork.
FISCAL CLIFF NEGOTIATIONS LEAVE HEDGE FUND TAX LOOPHOLE UNSCATHED.
So, if the fiscal cliff negotiations increase tax revenue by about $600 billion over ten years ... about $60 billion per year ... and the tax loopholes enacted reduce tax revenue by more than $70 billion per year... where's the beef?
UPDATE:
Via Reason.com:
UPDATE:
Via Reason.com:
Looks as if Harry Reid uses the Nancy Pelosi playbook:
You have to vote for it to see what's in it.