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Overnight Music: Ry Cooder, John Lee Hooker for President

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Targetpractice8/29/2012 10:15:52 pm PDT

re: #112 ReamWorks SKG

They could eliminate the deficit if they got rid of this one handout

[Link: www.moneynews.com…]

It costs about $450 Billion

…but then they’d lose the middle!

Every economist (or rather, every honest one) I read when the Ryan “Plan” came out said the same thing: There’s no way you could make the tax code “revenue neutral” and not end up dumping the cost on the middle class. Almost all of them named the Mortgage Deduction as the first thing that would end up on the chopping block.