More On The Deal: House GOP Adopts Norquist Rules
The New York Times, which editorialized in favor of The Deal NOW provides this advice to President Obama and the Dems, in light of the Norquist Rules just adopted by the House GOP:
The new Republican rules will gut pay-as-you-go because they require offsets only for entitlement increases, not for tax cuts. [. . .] The new rules mandate that entitlement-spending increases be offset by spending cuts only — and actually bar the House from raising taxes to pay for such spending. Even worse, they direct the leader of the House Budget Committee to ignore several costs when computing the budget [. . .] For example, the cost to make the Bush-era tax cuts permanent would be ignored [. . .] At the same time, the new rules bar the renewal of aid for low-income working families — extended temporarily in the recent tax-cut deal — unless it is fully paid for.
This "shocking" development, after The Deal, leads the New York Times, supporter of The Deal, to counsel:
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