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How Big Is The US Debt?
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<blockquote data-quote="moreluck" data-source="post: 1075319" data-attributes="member: 1246"><p>[h=2]<a href="http://weaselzippers.us/2013/01/01/white-house-declares-victory-in-fiscal-cliff-fight-before-house-votes-on-measure/" target="_blank">White House Declares Victory In Fiscal Cliff Fight Before House Votes On Measure…</a>[/h]Looks like Obama is going to celebrate on the golf course.</p><p></p><p style="margin-left: 20px"><a href="http://www.politico.com/politico44/2013/01/white-house-declares-a-victory-153090.html" target="_blank">WASHINGTON</a> — The White House issued a “fact sheet” statement Tuesday declaring the fiscal cliff agreement a victory, though the House has yet to vote on the measure.</p> <p style="margin-left: 20px"></p> <p style="margin-left: 20px">“At this make or break moment for the middle class, the President achieved a bipartisan solution that keeps income taxes low for the middle class and grows the economy,” the statement says. “For the first time in 20 years, Congress will have acted on a bipartisan basis to vote for significant new revenue.</p> <p style="margin-left: 20px"></p> <p style="margin-left: 20px">“This means millionaires and billionaires will pay their fair share to reduce the deficit through a combination of permanent tax rate increases and reduced tax benefits.”</p> <p style="margin-left: 20px"></p> <p style="margin-left: 20px">The White House said it achieved 85 percent of what it wanted on taxes, locking in $620 billion in revenue from wealthier Americans over 10 years. The statement, entitled “The Tax Agreement: A Victory for Middle-Class Families & the Economy” and issued less than an hour before Vice President Joe Biden was scheduled to meet with House Democrats on the Hill, includes a list of talking points covering everything from capital gains (hiked to 20 percent) to the extension of unemployment benefits and tax credits for renewable energy.</p> <p style="margin-left: 20px"></p></blockquote><p></p>
[QUOTE="moreluck, post: 1075319, member: 1246"] [h=2][URL='http://weaselzippers.us/2013/01/01/white-house-declares-victory-in-fiscal-cliff-fight-before-house-votes-on-measure/']White House Declares Victory In Fiscal Cliff Fight Before House Votes On Measure…[/URL][/h]Looks like Obama is going to celebrate on the golf course. [INDENT][URL='http://www.politico.com/politico44/2013/01/white-house-declares-a-victory-153090.html']WASHINGTON[/URL] — The White House issued a “fact sheet” statement Tuesday declaring the fiscal cliff agreement a victory, though the House has yet to vote on the measure. “At this make or break moment for the middle class, the President achieved a bipartisan solution that keeps income taxes low for the middle class and grows the economy,” the statement says. “For the first time in 20 years, Congress will have acted on a bipartisan basis to vote for significant new revenue. “This means millionaires and billionaires will pay their fair share to reduce the deficit through a combination of permanent tax rate increases and reduced tax benefits.” The White House said it achieved 85 percent of what it wanted on taxes, locking in $620 billion in revenue from wealthier Americans over 10 years. The statement, entitled “The Tax Agreement: A Victory for Middle-Class Families & the Economy” and issued less than an hour before Vice President Joe Biden was scheduled to meet with House Democrats on the Hill, includes a list of talking points covering everything from capital gains (hiked to 20 percent) to the extension of unemployment benefits and tax credits for renewable energy. [/INDENT] [/QUOTE]
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