Obama's idea of 'compromise'

[Wehrwolfen]

Obama's idea of 'compromise'​

Rick Moran
January 1, 2013


What was McConnell thinking?

The fiscal cliff deal passed by the Senate contains $1 in spending cuts for every $41 in tax hikes.

Brietbart:

According to the Congressional Budget Office, the last-minute fiscal cliff deal reached by congressional leaders and President Barack Obama cuts only $15 billion in spending while increasing tax revenues by $620 billion-a 41:1 ratio of tax increases to spending cuts.
When Presidents Ronald Reagan and George H.W. Bush increased taxes in return for spending cuts-cuts that never ultimately came-they did so at ratios of 1:3 and 1:2.


Read more:
Blog: Obama's idea of 'compromise'

 

[SniperFire]

Senate-Passed Deal Means Higher Tax on 77% of Households

Senate-Passed Deal Means Higher Tax on 77% of Households - Bloomberg

 

[OKTexas]

Balance, not so much.

 

[Charles_Main]

Where are the cuts?

Balanced? My ass.