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WTF!!! Deficit 'fiscal cliff' bill actually spends $330 billion more!!!
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In accordance with industry accepted best practices we ask that users limit their copy / paste of copyrighted material to the relevant portions of the article you wish to discuss and no more than 50% of the source material, provide a link back to the original article and provide your original comments / criticism in your post with the article.
[quote:Anonymous Coward 31244694:MV8yMDk5OTExXzM1Mzc3MjMxXzhEQTQ2QjQw] [quote:Anonymous Coward 31301392:MV8yMDk5OTExXzM1Mzc2ODAyXzhBQUI4QjhB] Stop being stupid. They are bringing down the country purposely. [/quote] THIS! This 'fiscal cliff' shit is a total sham, just another bunch o crap to make the sheeple believe the government is going to 'do something' about the country's problems. Well guess what? The whole fucking government was bought and paid for long ago (with a few notable exceptions such as Ron Paul), and there is NOTHING that can be done to right the fiscal ship short of abolishing the bloodsucking Federal Reserve and completely overhauling the nation's monetary system. There are plenty of skeptics, who know nothing about monetary history, that argue that going back on the gold standard would be impossible or is a stupid idea. They are wrong. Gold is making its way back into the monetary system AS WE SPEAK. It can't become legal tender again soon enough. [/quote]
Original Message
The "fiscal cliff" deal that was designed to save money actually includes $330.3 billion in new spending over the next decade, according to the official estimate the Congressional Budget Office released Tuesday afternoon.
CBO said the bill contains about $25.1 billion in new cuts, but those are swamped by the new spending on extended unemployment benefits for the long-term jobless and other new refundable tax credits that President Obama fought for.
Of those cuts, only $2 billion are scheduled to take effect in 2013.
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