Debt Deal: Republicans Not Blinking

Speaker John Boehner explains that there can't be tax increases in the budget deal.

The last thing we should be doing right now - in a time of 9.2% unemployment - is enacting more government policies that will destroy jobs.

The president, ironically, agrees that the middle of a downturn is no time to raise taxes. Well, okay, he won't admit that now... but that's what he used to think.