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Author: Gordon66 Big red star, 1000 posts Old School Fool Add to my Favorite Fools Ignore this person (you won't see their posts anymore) Number: of 1961540  
Subject: Re: Debt Ceiling "Negotiations" Date: 11/30/2012 4:47 PM
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Actually, the 10-year sunset was to avoid consideration of long-term impacts on the federal deficit as required under the Byrd rule.

Basically the 10-year sunset acknowledges that the Bush Tax cuts were never really intended to pay for themselves.


That is another valid interpretation. However, I recall at the time debate over whether they cuts would pay for themselves. I believe the 10 year sunset was also a mechanism to get some skeptics on board.

Gordon66
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