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Surreal: Obama's Fiscal Cliff Proposal Stuns Washington

Kilroys Wrote: Nov 30, 2012 12:44 PM
The "cliff" is the deal for Sequestration which Obama already agreed to. It's the best deal the Reps will get and far better than putting on Obama knee pads cuz Reps after taking any other deal, will be held responsible for what ever economy follows. Take the fiscal cliff and let taxes go up on EVERYONE and force the government into $900 billion in real spending cuts that otherwise Obama will NEVER agree to. ___‹~›__‹(•¿•)›__‹~›___

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...