Budget Policy: Republicans are being hounded mercilessly to abandon their no-tax pledge to get a deal on the fiscal cliff. So why aren’t Democrats facing any pressure to compromise on entitlement spending?


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Every Republican who happens to bump into a reporter these days is sure to be grilled on tax hikes.

On Sunday’s “Meet the Press,” to cite just one example, David Gregory pressed Rep. Peter King, R-N.Y., repeatedly on the topic. And stories are now rife with claims that Republicans are “softening” on taxes.

True enough, House Speaker John Boehner has already conceded the point about the need for more “revenues,” and several GOP senators and congressmen have publicly broken away from their no-new-tax pledge.

But while GOP leaders have been signaling a willingness to cut a deal — even if it means agreeing to some form of tax hike — Democrats are digging in against any meaningful changes to out-of-control entitlement programs.

Read More at investors.com .



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