I know this ain’t Ezra Klein’s blog, but let’s wonk out for a moment.
Boehner’s debt ceiling plan really, really sucks. According to the president of the Center for Budget and Policy Priorities, Mr. Sobbing Spray Tan’s debt ceiling deal “could well produce the greatest increase in poverty and hardship produced by any law in modern U.S. history.”
In short, the Boehner plan would force policymakers to choose among cutting the incomes and health benefits of ordinary retirees, repealing the guts of health reform and leaving an estimated 34 million more Americans uninsured, and savaging the safety net for the poor. It would do so even as it shielded all tax breaks, including the many lucrative tax breaks for the wealthiest and most powerful individuals and corporations.
Get the deets here.
