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Government

The White House unveils laughable debt cliff solution

Nov. 30, 2012 11:28am Meredith Jessup

The Obama White House has unveiled its own non-specific proposal to deal with the fiscal cliff and initial analysis suggests the administration has no intention of negotiating with Republicans. The proposal represents priorities of the far-left Republicans (and half the country) would never agree to.

The proposal includes:
—$1.6 trillion in tax increases over 10 years;
—a permanent end to statutory borrowing limits; and
—$50 billion in additional stimulus spending, including infrastructure, mortgage relief and an extension of unemployment insurance.

You know, because the solution to a fiscal crisis is to… spend more money.

But don’t worry, the president’s proposal leaves the door open to $400 billion in savings from Medicare and other social programs to be worked out next year — with no guarantees, of course.

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Comments (8)

blackyb
Posted on December 2, 2012 at 11:29am
Because Obama wants it to go off the clff. This is a win ether way for Obama.

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- Singer-john
  Posted on December 2, 2012 at 7:21pm
  Dear friends,
  
  I wanted to let you know about a new petition I created on We the People,
  a new feature on WhiteHouse.gov, and ask for your support. Will you add your
  name to mine? If this petition gets 25,000 signatures by December 12, 2012,
  the White House will review it and respond!
  
  We the People allows anyone to create and sign petitions asking the Obama
  Administration to take action on a range of issues. If a petition gets
  enough support, the Obama Administration will issue an official response.
  
  You can view and sign the petition here:
  
  http://wh.gov/97gC
  
  Report this comment
truthspeare
Posted on December 2, 2012 at 2:48am
Truthspeare, Copyright 2012

Left Behind

Living about the east coast dark
No light
No sound
No President around
So Sandy victim
How ya been?

And after, Libya calls were slight
No might
No savior
No favor
No relief
No Commander-in-Chief
So Navy Seal
How ya feel?

Haven’t you heard, with love powers the word, and who loves least — speaks lies, and maybe that’s why, love’s victims cry, and also why, 44 does fly to an island vacation and leaves behind so desperate a nation; so when will you learn it’s not what you say, it’s what you do, and love that is true is always there for you.

And as, the Twinkie left to die
No pie
No skin
No union
No bundler donation
No oval office salvation
So picket proletarian
How ya do’in?

Haven’t you heard, with love powers the word, and who loves least — speaks lies, and maybe that’s why, love’s victims cry, and also why, 44 does fly to an island vacation and leave behind so desperate a nation; so when will you learn it’s not what you say, it’s what you do, and love that is true is always there for you.

And with the fiscal deal
No feel
No care
No fare
No hands
No clams
No more
No 44
So united populate
How ya feelin’, eh?

Haven’t you heard, with love powers the word, and who loves least — speaks lies, and maybe that’s why, love’s victims cry, and also why, 44 does fly to island vacation and leave behind so desperate a nation; so when will you learn it’s not what you

Report this comment
Cosmos102
Posted on November 30, 2012 at 10:47pm
Barry the narcissist has grown even bolder since his recent win. Egged on by the media fawning all over him and the painting representing him as Christ. N’s do think they ARE God. AND, this is the part where they always mess up. They get sloppy. Their over the top cockiness creates enemies. This may get interesting.

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PerryB
Posted on November 30, 2012 at 7:00pm
The House should pass a simple bill making Bush tax cuts permanent for everyone except millionaires and billionaires – NOT 250K BUT A MILLION AND UP. The bill shouldn’t say what rate millionaires pay. This bill is just for 1million and under. THEN GO ON A MEDIA BLITZ SAYING DEMS AND PRES ARE HOLDING MIDDLE CLASS TAX CUTS HOSTAGE! – with that out of the way REAL negotiations can start on the cliff.

(But won’t matter. Obama wants disaster and hardship. He’s going to campaign for the next 4 years for a 3rd term or worse. (Demanded by the American People)

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noslave
Posted on November 30, 2012 at 5:30pm
the arrogant dems basically un-zipped and said suck it to the well meaning republicans trying to fix the problem,no intension of makeing any deals like some rapist telling the victim to cook breakfast??the republicans should walk out and at every chance over-ride the obama boot licking media propaganda,stateing the truth they dont want a deal,no cuts,just more sodomizeing the taxpayers with more spending??unlimited no less,this time??

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moreteaplease
Posted on November 30, 2012 at 5:01pm
And they’ll eventually get their way with this too.

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Eleutheria
Posted on November 30, 2012 at 2:41pm
I say let it burn so the phoenix may rise from the ashes.

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