bleh....kinda ugly. http://www.cbo.gov/sites/default/files/cbofiles/attachments/American%20Taxpayer%20Relief%20Act.pdf
Looked at it, eyes glazed over. I'm going to guess that it does absolutely nothing to curb spending, and perhaps even increases it. Whaddo I win?
Yep. The Dems fight tooth and nail against spending cuts that are pretty much a rounding error in the annual budget...
The economy will not survive for 10 years. As soon as interest rates spike up on short term bonds we are toast. You progressives should be trembling in anticipation of that day when we all be equal......equally broke.
That's the liberalism we all know and love. Way to go Republicans, all but 5 of you voted for this, and thereby just gave Obama cover to blame you yet again when it all goes snafu. You guys are brilliant. Truly dazzling intellects.
You don't believe we will grow our way out of trouble? Don't believe INCREASING debt and spending is what's best for the economy? You must have missed some basic econ theory along the way. Lots and lots of bonds out there waiting for rates to start up and reveal their riskier side.
They must be listening to my wife. She believes spending is ALWAYS the way to go in all situations. She is the Chesty Puller of shopping wives.
I didn't here any mention of the CBO score during the CNN and FNC evening news. Kinda sad that no major media outlet is bringing up the fact that this bill adds to the deficit. We're done.
Update.......the CBO actually increased the amount to 4.6 trillion......they forgot to add the increase in debt interest. http://www.cbo.gov/publication/43835
And the evil, lying SOB of a President has the gall to hold a news conference/photo op bragging about the reduction in the deficit as a result! What a ***&%9494n!!! :devilish:
Adding $4 trillion in debt through a reduction in the deficit? You must have taken different accounting classes than I did.
The way I read the article is that keeping the Bush era tax cuts will cost an extra $4 trillion. So the CBO is arguing for higher taxes.