January
1st 2013
Fiscal Cliff Deal: $1 in Cuts for Every $41 in Taxes
RedPhillips

Posted under Conservatism & Democrat Party & Republican Party & Taxes

<sarc>Yeah, great deal here. So glad the Republicans saw the light and compromised on taxes.</sarc>

According to the Congressional Budget Office, the last-minute fiscal cliff deal reached by congressional leaders and President Barack Obama cuts only $15 billion in spending while increasing tax revenues by $620 billion—a 41:1 ratio of tax increases to spending cuts.

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3 Comments »

3 Responses to “Fiscal Cliff Deal: $1 in Cuts for Every $41 in Taxes”

  1. JDP on 02 Jan 2013 at 1:57 am #

    i guess they could try to ram their head into the wall over and over and hope things will change

  2. Ed on 02 Jan 2013 at 1:59 am #

    http://www.getofftitanic.com

  3. HarrisonBergeron2 on 02 Jan 2013 at 3:18 am #

    Ed,

    You’re right. Anything less is the definition of insanity.

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