Republicans, fearing Greece, agreeing to tax hikes

Shows the Republicans truly do fear the US becoming the next Greece, as they begin to lean towards tax hikes. Meanwhile, they continue keeping us on the road to Japan. Or worse. A lot worse. Republicans Consider Breaking No-Tax Vow as Deadline Looms By Brian Faler November 15 (Bloomberg) — For Senator John Cornyn, it was the situation [...]

Shows the Republicans truly do fear the US becoming the next Greece, as they begin to lean towards tax hikes.

Meanwhile, they continue keeping us on the road to Japan. Or worse. A lot worse.

Republicans Consider Breaking No-Tax Vow as Deadline Looms

By Brian Faler

November 15 (Bloomberg) — For Senator John Cornyn, it was the situation in Greece.

The Texas Republican said he is willing to back tax increases as part of a major deficit-reduction deal because he fears the European debt crisis could spread to the U.S.

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