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Wealthy Donors To Cantor: Raise Our Taxes

Congressional Republicans are being so dogmatic and recalcitrant in their refusal to raise the debt ceiling they’re even irritating their own base. In a curious twist, Politico is reporting that wealthy donors are telling Majority Leader Eric Cantor (R-VA) to knock off the demagoguery and support tax increases. “GOP aides say that wealthy donors have approached Cantor to push tax increases.” Cantor has dug in his heels against tax increases for millionaires, which has proved to be a losing position in public opinion.