They are talking about cutting deductions for interest paid on home loans and charitable deductions. That is hardly loop holes everyone agrees should be done away with. One of the saddest things about this whole situation is the left crying that the republicans are going to blow up the world when they are the ones demanding we get rid of tax breaks they extended and that are set to expire on their own anyway simply because they are want to save face the grassroots fringe "intellectual" elite base. We really need to look into firing our "intellectuals" and see about getting some them think more often than blindly follow. The media's help they are receiving in selling this fairytale is disturbing. The media HHS stopped leaning left and our now so interbred with the democratic party they should simply be considered the PR wing of the DNC.