Obama deal on the fiscal cliff?? Won't even reduce the deficit!
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11/30/2012 01:02 PM
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After Treasury Secretary Tim Geithner’s individual meetings yesterday with congressional leaders in the so called “fiscal cliff” negotiations, Republicans leaked to reporters what the Obama White House is offering:
1) $1.6 trillion in tax increases and revenues,
2) a permanent end to Congress’ control of the debt limit,
3) additional stimulus of at least $50 billion, and
4) $400 billion in savings in Medicare and other programs to be worked out next year.
|1||UH-OH: There Are Mounting Concerns The House Wont Pass The Fiscal Cliff Deal...CBO Estimates "Obama Tax Cut" To Add $4 Trillion To Deficit||01/01/13|
|2||US debt headed toward 200 percent of GDP even after 'fiscal cliff' deal Read more: http://thehill.com/blogs/on-the-money/economy/279857-rep||01/29/13|
|3||US debt headed toward 200 percent of GDP -- even after fiscal cliff deal!||01/29/13|
|4||WTF!!! Deficit 'fiscal cliff' bill actually spends $330 billion more!!!||01/01/13|
|5||As Americans face a fiscal cliff, the Obamas make do with 54 Christmas trees... and it gets even worse!||12/04/12|
|Related Topics: Recession (Economy) - Barack Obama (US Politics) - View ALL Economic Threads (Economy)|