In response to:

Tax Hikes: You’re Next!

rreid Wrote: Jan 07, 2013 9:27 AM
I have been very confused about what Obama considers 'balance' to be. Maybe its the tax increase on the 'rich' then balanced with a tax increase on the not so rich. Since Clintons problem defining the word 'is' the left seems to have an ongoing misunderstanding of other words meanings
scott s. Wrote: Jan 07, 2013 3:48 PM
Obama's balance means a $1 increase in tax on the "rich" for every $1 increase in spending.

South Carolina’s James Clyburn, the third ranking Democrat in the House, appeared overwhelmed with joy. He proclaimed:

“So here we are on New Year’s night, with the clock running out on the very existence of this Congress, finally considering bipartisan legislation to provide middle class tax cuts, require the wealthiest to, once again, pay their fair share so we can grow the economy, create jobs and protect the most vulnerable in our society.”

The twenty-year House veteran appeared convinced that deal crafted less than 24 hours earlier satisfied President Obama’s “fair share” campaign promise.

Mr. Clyburn was not alone, though. Moments...