Suckers Leap–Fiscal Cliff –Cartoon: Legal Insurrection
(Heritage Foundation) President Obama sent his proposal of $1.6 Trillion in new taxes (besides the already numerous ObamaCare tax hikes set to go into effect early next year) together with $50 Billion of new stimulus spending and plan to unilaterally raise the debt ceiling to Congressional Republicans yesterday, as his “balanced” approach to avoid the upcoming fiscal cliff and ability to continue spending borrowed money that we don’t have, with “promises” of spending cuts later–the problem with later, it never arrives.
Sen Minority Leader Mitch McConnell (R-KY) couldn’t contain his laughter at the Obama Administration’s proposal offered by Treasury Secy Timmy Geithner—when will President Obama and Democrat/Socialist Progressives, begin to take the nations economic woes seriously?
When the cow finally jumps over the moon.
Related: Obama Plans Campaign Style Trip to Push for Higher Taxes
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