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NEW YORK TIMES: Obama?s Revenue Plans Hit Resistance in Congress. ?The administration?s centra?

By Glenn Reynolds

NEW YORK TIMES: Obama?s Revenue Plans Hit Resistance in Congress. “The administration?s central revenue proposal ? limiting the value of affluent Americans? itemized deductions, including the one for charitable giving ? fell flat in Congress, leaving the White House, at least for now, without $318 billion that it wants to set aside to help cover uninsured Americans. . . . The unwillingness to embrace some of the major White House tax and revenue proposals has frustrated administration officials. They note that lawmakers, many of them supporters of the president?s ambitious agenda, clamor to hold down the deficit while balking at the proposals to finance his program.”

UPDATE: Readers wonder if this is a sign of Tea Party impact on Congress. Possibly.

Full post as published by Instapundit.com on April 20, 2009 (boomark / email).