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Surreal: Obama's Fiscal Cliff Proposal Stuns Washington

FranksNBeans Wrote: Nov 30, 2012 12:25 PM
Purple. It is only a tax cut if their taxes actually get cut. By leaving the Bush's tax cuts in place for those making less than 250k, they are still enjoying the tax cuts Bush gave them, not the democrats.

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...

Thursday, June 20 | 12:12 AM ET
Thursday, June 20 | 12:12 AM ET
Thursday, June 20 | 12:12 AM ET
Thursday, June 20 | 12:12 AM ET