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Surreal: Obama's Fiscal Cliff Proposal Stuns Washington

snappercat Wrote: Nov 30, 2012 1:04 PM
Probably the best approach for the Republicans to take is to agree with Obama and let HIM take responsibility for the coming recession - and not cave on redoing the cuts in 2013 for anyone. At least that would cut the deficit....

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...