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The "grand bargain" is a lie
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<blockquote data-quote="804brown" data-source="post: 1054836" data-attributes="member: 29553"><p><a href="http://www.commondreams.org/view/2012/11/12-6" target="_blank">The Grand Bargain is a Grand Lie | Common Dreams</a></p><p></p><p></p><p>President Obama has proposed that the Grand Bargain include $4 trillion in savings. He has said over and over again that the ratio would be $3 in spending cuts to $1 in tax increases. This is before his legendarily disastrous negotiating begins. So, let's do some quick math. According to the president's own plan that would be $3 trillion in spending cuts, which is significantly higher than the current plan of $1.2 trillion in spending cuts.</p><p></p><p>Let me add one other fact, if all you do is let the Bush tax cuts expire for people making over $250,000, you would already have $1 trillion in tax increases. And we were told because of this election that was already non-negotiable. That's what we fought to make sure would happen and the president has guaranteed it. So, what exactly do progressives gain out of this Grand Bargain?</p></blockquote><p></p>
[QUOTE="804brown, post: 1054836, member: 29553"] [url=http://www.commondreams.org/view/2012/11/12-6]The Grand Bargain is a Grand Lie | Common Dreams[/url] President Obama has proposed that the Grand Bargain include $4 trillion in savings. He has said over and over again that the ratio would be $3 in spending cuts to $1 in tax increases. This is before his legendarily disastrous negotiating begins. So, let's do some quick math. According to the president's own plan that would be $3 trillion in spending cuts, which is significantly higher than the current plan of $1.2 trillion in spending cuts. Let me add one other fact, if all you do is let the Bush tax cuts expire for people making over $250,000, you would already have $1 trillion in tax increases. And we were told because of this election that was already non-negotiable. That's what we fought to make sure would happen and the president has guaranteed it. So, what exactly do progressives gain out of this Grand Bargain? [/QUOTE]
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