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  Topic: Obama believes ´balanced´
means more spending, higher taxes
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Obama believes ´balanced´
means more spending, higher taxes

Washington Examiner [DC], by Editorial

Original Article

Posted By:JoniTx, 11/14/2012 2:39:22 PM

President Obama has made clear that he will not accept a deal to avoid the "fiscal cliff" that does not include tax rate increases for families making more than $250,000 annually. But just how much will this tax increase accomplish in terms of reducing deficits and putting the nation on the right fiscal track? As it turns out, not much. For some perspective, think back to how Obama and Congress arrived at this point. In 2011, Congress created the so-called supercommittee to reduce the deficit as part of a deal to increase the debt ceiling and

      


Post Reply  

Reply 1 - Posted by: yuban, 11/14/2012 3:27:56 PM     (No. 9014419)

How can an unbalanced human being know how to balance anything.

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Reply 2 - Posted by: Kurto, 11/14/2012 3:54:28 PM     (No. 9014470)

0bama balance: We work and earn, he takes and wastes.

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Reply 3 - Posted by: KTWO, 11/14/2012 4:55:26 PM     (No. 9014619)

That might produce a balanced deficit. It won´t produce a balanced budget.

If we had budgets.

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Reply 4 - Posted by: mickturn, 11/14/2012 4:55:36 PM     (No. 9014620)

NO, more taxes is pure theft...and you know it!

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Reply 5 - Posted by: stablemoney, 11/14/2012 5:30:37 PM     (No. 9014695)

Where is the budget?

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