This does no longterm entitlement reform. And when i talk to ceos across the country, they tell me that this is leading them to put projects that would create jobs on hold and think it will hurt their Small Business suppliers dramatically, so this is not a win for anyone. The only win, if you can call it that, this gives is those on the republican side who are willing to let all this harm be inflicted just so they can stand by this principle that there should not be one dime of deficit reduction that should ever come from closing loopholes or deductions. Thats just an unreasonable position. As you know, the Republican Leaders say thats not the only option. They say the administration could cushion the blow of these cuts if they wanted to. Heres Senate Republican leader Mitch Mcconnell just the other day. The president is ready to make it bite as hard as possible, all to send a simple message to the public, you want to control washington spending, america, fine, let me show you how much
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