Can The Gang Of Six Save Us? Ctd

Jul 21 2011 @ 10:24am

Like Cohn, Jonathan Bernstein thinks the timeline is too short:

The famous 1986 tax reform bill was a grueling two-year struggle that involved leadership from many quarters, including the White House and Members from both parties and both chambers, all united by a goal of a revenue neutral improvement to the tax code.It involved multiple complex fights over a wide variety of obscure provisions, each of which meant a whole lot to, generally, a small number of people. It was, in all respects, an improbable accomplishment.

And yet we're not supposed to believe that we can get not only a repeat of that, but also a major restructuring of the budget process, and specific spending cuts, and raise lots of money…all against a backdrop of the various mishegas of the debt limit…and in two weeks.