The Gang of Six Becomes Five. Coburn Bolts. Chambliss Stays.
The “Gang of Six”, which is the group in the Senate trying to come up with bipartisan tax increases and tax restructuring to implement the Deficit Commission’s plans, is collapsing. Late yesterday, Oklahoma Republican Tom Coburn bolted from the group because the Democrats are unwilling to deal with restructuring entitlements in their quest to raise taxes. Two Republicans remain, Mike Crapo of Idaho and Saxby | Read More »