Bloomberg Debate Moderators Show Undying Love for Tax Increases

Liberal journalists Charlie Rose and Karen Tumulty on Tuesday trotted out a video clip of Ronald Reagan suggesting that tax increases have a place in the budget-balancing process.

Repeatedly prodding the eight Republican candidates at the Bloomberg debate to rise to the bait, the duo had no takers.

Jumping in, Bloomberg reporter Juliana Goldman challenged Herman Cain's "9-9-9" tax plan by saying that all Americans will pay more for "bread, milk and beer." Cain responded that his plan would be "revenue neutral."

Michele Bachmann expressed concern, however, over Cain's proposed 9 percent national sales tax. "Once you get a new revenue stream, you never get rid of it," she warned.