GOP Considers Raising Taxes To Prevent Military Cuts

With $600 billion in cuts to the Pentagon – including cuts to lucrative defense contracts – coming down the pike because Congress failed to come up with a deal to cut the deficit last year – Republicans are scrambling to prevent the cuts from taking effect. They're even considering something they pledged to their anti-tax overlord, multimillionaire lobbyist Grover Norquist, that they'd never do – and that's raise taxes. In the Senate – Lindsey Graham is openly talking about closing tax loopholes and increasing taxes on oil companies, to prevent defense cuts. And in the House – the Chairman of the Armed Services Committee – Representative Buck McKeon, has said he'd support tax hikes to prevent the defense cuts as well. So here's another glimpse into the morality of today's Republican Party. They're willing to raise taxes to keep the American war machine going – but not to keep tens of millions of American children out of poverty.