Super Committee Democrats’ New Economic Plan: More Stimulus and Raising Taxes

Democrats these days are like a one-trick pony. The left side of the Super Committee has a new economic plan, which is the same as the old economic plan they keep trying to foist upon us.

Democrats on the congressional supercommittee this week presented Republicans with a plan to cut the deficit that included billions of dollars in stimulus spending, aides told The Hill.

In a private meeting of the deficit panel Tuesday, Sen. Max Baucus (D-Mont.), chairman of the Senate Finance Committee, presented a proposal backed by a majority of Democrats on the panel that includes trillions of dollars in tax increases. The revenue would partially cover stimulus spending for the economy, aides said.

More than 50 percent of the deficit reduction in the plan would come from tax increases, one source said. (Read More)

I’m assuming none of those health care cuts involve their beloved $1 trillion Obamacare.

But then again, it’s all about politics. They’ve admitted that.

Democratic aides, meanwhile, privately expressed little hope that a big deal is possible. They said Senate Democrats might be setting the stage to paint themselves as good-faith negotiators and to lay blame for the failure to reach agreement at the feet of Republicans.

National Review Online has more.