Remember the Balanced Approach the Democrats and Obama campaigned on?
Well as it turns out, just like shovel ready jobs weren’t as shovel
ready as they hoped; neither is the balanced approach as balanced.
During the campaign, President Barack Obama indicated he wanted a
balanced approach to avoiding the fiscal cliff and balancing the budget—
an approach that included both new revenue and spending cuts
By now you’ve heard of the “fiscal cliff,” the billions in automatic
spending cuts and tax increases scheduled on Jan. 1 that will affect
virtually every American. Meanwhile, however, an expanding cadre of
Democrats and liberal groups have called on Congress to address the
January tax hikes and spending cuts without making any reductions in
federal benefits or cutting spending in a way that would cause job
losses. That means, well, no cuts in federal spending.
In fact, Obama doubled down, “Barack Obama’s proposal to
avoid the fiscal cliff by boosting revenue by $1.6 trillion over the
next decade would be a “crippling blow” to the economy and leave the
nation’s debt problems unresolved.”Speaker Boehner said.
Not to mention there is no offer to reduce spending, in fact Obama’s
offer increases spending under his 2013 Budget with no offer to reduce
any spending whatsoever.
Once more Barack Obama has no intentions of compromise, and what’s
more; he never did. I guess all the dumb masses that voted for him have
been taken again.
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