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Surreal: Obama's Fiscal Cliff Proposal Stuns Washington

Kilroys Wrote: Nov 30, 2012 1:09 PM
Obama's greatest fear is no deal in his favor and taxes going up on everyone. But we've been told over and over that the Clinton tax rates were allegedly why BJ Clinton enjoyed such a good economy. M'kay...let's go back to those BJ era rates on EVERYONE and force the $900 billion in real spending cuts. This is far better than anything Obama will offer. It's a deal Obama already agreed to (Sequestration) and time to call his bluff. Take the FISCAL's the best deal the Reps can get and doesn't cave to Obama. ___‹~›__‹(•¿•)›__‹~›___

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...