The big question bedeviling the Capitol Thursday is whether anti-tax zealot Grover Norquist just gave House Republicans the coded signal that they can vote for a bill to reduce deficits and raise the debt limit even if the plan contains new tax revenue.
In an interview with the Washington Post's editorial board, Norquist addressed the question of the Bush tax cuts -- which are scheduled to expire at the end of 2012. "Not continuing a tax cut is not technically a tax increase," Norquist said. Would that violate his anti-tax pledge? "We wouldn't hold it that way," he said.
Democrats are latching on to this to press Republicans to back off their insistence that any debt limit package be revenue neutral.