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A moment worth commemorating: Like the inauguration, a promise from a top Senate Democrat to pass a budget happens only once every four years. There’s no way to justify another year of ducking the issue now that the GOP’s made it a condition of raising the debt ceiling short-term, so here’s Schumer’s familiar counter-move. They’ll pass a budget but they’ll insist on a “balanced approach” in doing so, even though the cause of the country’s fiscal crisis is decidedly imbalanced.

Likely sources of new revenue: Energy companies, of course, and the bottomless well of riches that you and I know as “the wealthy.”

The proposed tax increases to be included in the Senate budget would be on the wealthy, oil and gas companies and corporations doing business overseas, Schumer said.

The increases on the wealthy, which Schumer did not spell out, would be in addition to the rate increase on income over $450,000 a year that Congress voted on at the beginning of the month during the fiscal cliff fight.

The goose is featherless.
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