re: #294 TampaKnight

My point is simple: people look to the last month and get up in arms about how broken things are, but it’s important to note that this is NOT something new. The absence of a budget for over 2 years now is a much longer, systemic problem and a much bigger sign, in my opinion, of broken politics.

No, the risk of default is new. We may default, and if we do, it will be because the GOP blocked a clean debt increase. That is the plain fact.

And for the record, I would keep defense cuts to $400B over 10 years and return top marginal rate to 39% for people making more than $1M, and I would then reduce all rates in proportion by eliminating loopholes. They’re a giant pain in the ass and a pure product of lobbying.

I agree with that, though I’d raise more taxes, including on people in my income level. Would you also increase the capital gains tax?