To give you an idea of how far out of step with reality the Congressional Republicans who are demanding that we balance the budget with no tax increases are, a new Gallup poll shows that only 28% of all Republicans think that the deficit should be reduced only with budget cuts. Large majorities think we need both budget cuts and tax increases. In fact, Obama’s proposal is to the right of most Republicans. And yet House Republicans continue to insist on absolutely no tax increases (and some are even demanding additional tax cuts for the rich).
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