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

Based on tweets from politicos and reporters, such as Ed Henry from Fox News there are growing concerns:


Ed Henry@edhenryTV


Fiscal cliff deal crumbles? @ChadPergram reports Boehner, Cantor unhappy in private meeting, may amend bill & send back to Sen #chaosensues?

1 Jan 13 Reply
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It's not surprising that there are concerns.

As we explained here, there's frustration about there being zero cuts.

And as the CBO just announced, the bill adds $4 trillion to the current debt baseline. Any reversal of tax increases was always going to produce a huge deficit increase, but this is still a tough headline to swallow.


[link to www.businessinsider.com]



Last Edited by + DL + on 01/01/2013 02:50 PM