Republicans break tax pledge

“ More congressional Republicans are breaking a long-standing pledge to oppose tax increases before returning to Washington on Monday to avert a looming fiscal crisis with a deal that increasingly appears impossible to reach without changes to the tax code. The decades-old pledge from the Americans for Tax Reform group has been signed by 238 House members and 41 senators in this Congress and has essentially become inescapable for any Republican seeking statewide or national office over recent election cycles, especially in the Republican-controlled lower chamber. New York Rep. Peter King and Sen. Lindsey Graham said Sunday they would break the pledge and accept tax changes to generate more revenue to curb the trillion-dollar federal deficit. Their statements followed a similar one Thursday by Georgia Republican Sen. Saxby Chambliss. [Full] : There you have it.  As it was, the only distinction between Democrats and Republicans were- not all Republicans are liars (still true) all Republicans had sworn an oath not to raise taxes.  In the traditional sense anyway (every piece of legislation they pass will cost us money). While it was a surprise to me when Chambliss reneged on his promise, it was a certainty that Sen. Lindsey Lohan and Rep. Peter King would be the first to say AMEN. We've been punked again. ”