Reihan urges Republicans to follow Paul Ryan's lead:
[O]n taxes, Representative Ryan and his Republican allies would do well to move beyond the polarizing debate over the 2001 and 2003 tax cuts by advocating the extension of all of the cuts for two years and then allowing them to expire, as the president’s former budget director Peter Orszag recommended in his first New York Times Op-Ed column. The expiration of the 2001 and 2003 cuts would serve as a downpayment on a comprehensive tax reform proposal, perhaps modeled on the Growth and Investment Tax Plan devised by President Bush’s bipartisan tax reform panel.
There is no guarantee that the White House will embrace these compromises. But House Republicans would be wise to make an earnest effort to put the federal government on a sound fiscal footing, and Representative Ryan seems willing to take on that difficult task.
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