President Obama’s initial offer [...] consisted of “at least $4 of tax increases to $1 of spending cuts.”
Non-starter. So what's his Plan B?
...He is now offering a new threshold of $400,000 and lowering his 10-year tax revenue goals from the $1.6 trillion he had argued for a few weeks ago.--quoting USAToday
But that's not the whole story:
...he is now asking for a new debt limit that would last two years, putting its renewal beyond the politics of a 2014 midterm election...
That timing is just co-incidence, of course.
His spending is larger than that of FDR during WWII in constant dollars. If he actually has a plan, then there's only one conclusion to be drawn: he wants to BK the country.
That creates a crisis, and as they say, 'never let a crisis go to waste.'
Buy. More. Ammo.
If he really wanted to screw the (R)s he'd schedule the next cliff for right BEFORE the elections so voters would have been recently reminded of the conservative stonewalling and grandstanding. He's doing you guys a favor.
ReplyDeleteJim,
ReplyDeleteI took Claudia's virginity.
Congrats, Gramps