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Surreal: Obama's Fiscal Cliff Proposal Stuns Washington

Bear Trax Wrote: Nov 30, 2012 10:59 AM
These so called "leaders" reached a deal, passed into law, ----------------- (pause for laughter) last August. Like all other laws, it is subjected to Obama's willingness to abide by it, (who's going to stop him?). Thye deal called for 4.3 trillion in new printing for spending cuts called 'sequestration' The trillions are gone, (where would be a good question) now they want tens of trillions more, and have yet to cut one cent from spending. It maay be time for the citizens to take to the streets. Problem is, too many are out of touch with what is actually happening.

Republicans have been asking for the White House's plan for some time now -- well, they finally got one.  Oh my:

House Republicans said on Thursday that Treasury Secretary Timothy F. Geithner presented the House speaker, John A. Boehner, a detailed proposal to avert the year-end fiscal crisis with $1.6 trillion in tax increases over 10 years, an immediate new round of stimulus spending, home mortgage refinancing and a permanent end to Congressional control over statutory borrowing limits. The proposal, loaded with Democratic priorities and short on detailed spending cuts, was likely to meet strong...