Wednesday, January 2, 2013

$1 In Spending Cuts For Every $41 In Tax Increases

Obama pushes GOP off fiscal cliff. According to the Congressional Budget Office, the last-minute fiscal cliff deal reached by congressional leaders and President Barack Obama cuts only $15 billion in spending while increasing tax revenues by $620 billion—a 41:1 ratio of tax increases to spending cuts. When Presidents Ronald Reagan and George H.W.  ... MORE

No comments:

Post a Comment