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Surreal: Obama's Fiscal Cliff Proposal Stuns Washington

volinva Wrote: Dec 01, 2012 9:38 AM

How about 10% middle tax brackets cuts? No tax or spending increases. Then we could look at having a CONSTITUTIONALLY-REQUIRED budget. Anything less should not be discussed. The republicans should put this out and let President Slouch say no.

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Surreal: Obama's Fiscal Cliff Proposal Stuns Washington

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...