Mr. 3 year old, big mouth Obama and his crew may destroy this yet.  Speaker Boehner is hearing all this and so are his republicans, and they are not liking what they are hearing!   Obama is a fool totally, and this should not happen...............

Published August 01, 2011 

| FoxNews.com

The debt-ceiling deal moving toward a vote in Congress could easily pave the way for tax increases despite Republican claims that tax hikes are "impossible" under a deal struck with the White House to reduce spending in exchange for a debt-limit increase.

But as everyone knows, "impossible" isn't really in Washington's vocabulary.

Here's how it could happen:

After Congress enacts more than $900 billion in spending cuts to give President Obama a $900 billion lift in the nation's $14.3 trillion debt ceiling, a bipartisan committee will be formed to find roughly $1.5 trillion in additional deficit savings over the next decade.

To get there, the committee is free to look at virtually anything -- including "revenue" -- even though House Speaker John Boehner said Sunday night that current budgeting guidelines make it "impossible" for the 12-member group to approve tax hikes.

Other officials and analysts beg to differ.