7.07.2011

Prepare to get traded, Bunky, you're the next to go

Obama Wants to Strike Broader Deal on Cutting Deficit - NYTimes.com

The president’s renewed efforts [at "negotiating" on the debt limit matter] follow what knowledgeable officials said was an overture from Mr. Boehner, who met secretly with Mr. Obama last weekend, to consider as much as $1 trillion in unspecified new revenues as part of an overhaul of tax laws in exchange for an agreement that made substantial spending cuts, including in such social programs as Medicare and Medicaid and Social Security — programs that had been off the table.

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