Don’t be too quick to see Majority Leader Eric Cantor’s withdrawal from the Joe Biden-led debt talks this morning as a sign the parties are at an “impasse.”
The read we’re getting is that this could be merely an indication that the emissaries to the talks have gotten as far as they can get and that the remaining heavy lifting is going to have be done by the principals: President Obama and Speaker Boehner.
If that also puts Boehner instead of Cantor on the hook for agreeing to tax increases … well, that’s probably just icing for Cantor.
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