“‘The large deficits and apparent inability of Republicans to constrain spending has made it impossible for sensible folks to advocate’ big tax cuts, said Kevin A. Hassett of the conservative American Enterprise Institute. ‘Sooner or later. government has to pay for everything.'” In the face of rampant Dubya deficits, the GOP strains toward a moment of clarity and takes further tax cuts off the table for the time being. (Indeed, to the dismay of Grover Norquist, some Republican Senators, including Lindsey Graham (R-SC), are even considering raising taxes.) Reality bites, doesn’t it?