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Surreal: Obama's Fiscal Cliff Proposal Stuns Washington

squiddy Wrote: Nov 30, 2012 11:30 AM
"You mean we have to pay more taxes to cut the deficit?" Oh, so you're in the evil 1%? No? So, when you say "we have to pay more taxes", you really mean "someone else", right?

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...