Tuesday, January 09, 2007

Good News from Treasury

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.