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During last Wednesday’s news conference, President Obama offered his plan for dealing with the looming fiscal cliff and expiring tax cuts. While the President claims he desires to work with Congress to reduce the deficit in a balanced and responsible way, he was clear that he intends to hold the middle class hostage in order to achieve his goal of increasing taxes on more successful Americans.
How is the President doing this? By announcing that Congress must either bow to his agenda or send all Americans a higher tax bill.
While Obama was busily pushing his ultimatum, he seems...
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