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Surreal: Obama's Fiscal Cliff Proposal Stuns Washington

PurpleStateBlueVote Wrote: Nov 30, 2012 1:08 PM
DSMichael Wrote: 3 minutes ago (1:00 PM) That is why the banks needed to crash, as well as the auto manufacturing, instead of being propped up. Then someone would buy up the assets and create a new bank with a better business plan. Ah yes, and the 'job creators' were totally on board with that plan!

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...