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Debt Deal

Eric Cantor July Slides




Back during the debt debacle, Republican Majority Leader Eric Cantor presented his caucus with the slide above outlining the ongoing negotiations between the President and the Speaker of the House.  The slides above show that despite the best efforts of the Dems to come to a compromise, Republican fanatical adherence the anti-tax mantra prevented them from governing and making any kind of deal.

The chart below out shows the consequences of the conservative fanatical adherence to cutting spending instead of deal making. Now the negoation leverage lies with the Dems with the Dual trigger of expiring Bush Tax cuts and military spending cuts.

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