Thursday, January 03, 2013

Jan. 2, 2013 -Cliff Notes

Today, our Congress has voted in support of a bill to "solve" the self-generated fiscal cliff crisis.

President Obama says it gets "millionaires & billionaires" to begin to pay their fair share for the 1st time in 20 years. So we finally know what fair share means: 39.6%

If the Clinton rates were good enough for the "Rich", why can't we go back to the Clinton tax levels for EVERYONE and more importantly, why can't we return to the Clinton spending levels?

This bill has $41 in tax hikes for every $1 in spending cuts. So this is "balanced?"

The non-partisan Congressional Budget Office (CBO) has score this bill. It actually adds $3.971 trillion to the deficit over the next 10 years. It pushes the deficient "can" down the road, yet again.




Well done, Mr. Obama. The only thing that you have correctly stated in the debates was that you were not good at math.

So who is ready for Congressional term limits?

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