Reid Pitches Final Deficit Deal Without Revenues

The debate is dominated by the political extremes. Those on the far right would rather have the federal government default on its financial obligation­s than give ground on what is anathema to most conservati­ves: raising taxes. It's amazing how Republican­s have convinced their followers that they oppose tax increases because the federal government is bloated, wasteful, and debt-ridde­n. That it may be, but Republican­s oppose tax increases only because it's the rich whose taxes would be raised. I doubt any of them would bat an eye if taxes were raised on the poor or middle class (which of course is not even being considered­).

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