Jim DeMint actually said...

Now is clearly not the time to increase taxes.

We need to prevent speculative and highly leveraged excesses from threatening the stability of our entire national and global financial syst...

That means private gains on the upside and public losses on the downside. And that is not a desirable or acceptable system.

It is probably easier to get $1 trillion out of Congress than it is to get any good policy out of Congress.