As one of our colleagues recently put it, this Republican pledge of no new taxes is pure Bushlips. It's Bushlips when the president says 'No new taxe… - Lloyd Bentsen

" "

As one of our colleagues recently put it, this Republican pledge of no new taxes is pure Bushlips. It's Bushlips when the president says 'No new taxes' and sends a budget requiring the Finance Committee to raise $20 billion in new revenues: $15 billion in taxes and $5 billion in user fees.