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Surreal: Obama's Fiscal Cliff Proposal Stuns Washington

Judester Wrote: Nov 30, 2012 6:12 PM
If this latest from the White House is not insanity what is? They haven't enough ink to print that much money. Maybe the electoral college will make Romney the President and save us.

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...