The Republicans’ Post-Norquist Deal: Let Us Cut Medicare And We’ll Give You Romney’s Tax Plan

This is the most succinct way of describing their latest offer:

The media has been abuzz with a spree of high-level Republicans rebuking Washington lobbyist Grover Norquist’s tax pledge in recent days. What has not been explained is why they are breaking with this pledge.

As we explained earlier, the goal of these Republicans is to secure a deal with Democrats that lowers corporate tax rates while cutting Social Security and Medicare benefits.

In exchange, they are basically offering Mitt Romney’s tax plan of closing some minor deductions and loopholes (some of which are widely used by the middle class).

Read more: http://boldprogressives.org/the-republicans-post-norquist-deal-let-us-cut-medicare-and-well-give-you-romneys-tax-plan/