A senior Treasury official emailed me in response to my blog yesterday about Social Security tax threats.
The key line in the email was: “The Secretary isn’t for raising taxes.”
This is good news. I appreciate the prompt response.
It’s the clearest statement yet regarding Mr. Paulson’s strategy.
What I gathered is that they’re looking for some good non-tax hike ideas that could form the basis of an agreement—but if the Dems insist on tax hikes, there will be no deal.