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From House Majority Leader Eric Cantor, explaining why he’s bailing out of budget negotiations with the Obama administration:

I believe that we have identified trillions in spending cuts, and to date, we have established a blueprint that could institute the fiscal reforms needed to start getting our fiscal house in order. That said….Democrats continue to insist that any deal must include tax increases….Given this impasse, I will not be participating in today’s meeting and I believe it is time for the President to speak clearly and resolve the tax issue.

Roger that. Trillions in spending cuts already agreed to, but there can’t be one dime in tax increases of any kind. Would any conservative apologists like to continue pretending that Democratic aversion to spending cuts is pretty much the same kind of thing as the Republican jihad against tax increases? Anyone? Ross?

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In "It's Not a Crisis. This Is the New Normal," we explain, as matter-of-factly as we can, what exactly our finances look like, how brutal it is to sustain quality journalism right now, what makes Mother Jones different than most of the news out there, and why support from readers is the only thing that keeps us going. Despite the challenges, we're optimistic we can increase the share of online readers who decide to donate—starting with hitting an ambitious $300,000 goal in just three weeks to make sure we can finish our fiscal year break-even in the coming months.

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