Fiscal Cliff Deal Is No Deal For America

Bad bill.

The "fiscal cliff" deal that was designed to save money actually includes $330.3 billion in new spending over the next decade, according to the official estimate the Congressional Budget Office released Tuesday afternoon.

CBO said the bill contains about $25.1 billion in new cuts, but those are swamped by the new spending on extended unemployment benefits for the long-term jobless and other new refundable tax credits that President Obama fought for.

Of those cuts, only $2 billion are scheduled to take effect in 2013.

And CBO also warned that some of the cuts Congress is counting are from programs on which CBO never expected the money to be spent anyway — such as cuts to the Consumer Operated and Oriented Plan, which was part of Mr. Obama's health care law.

All told, the bill deepens the deficit by nearly $4 trillion over the next decade, when the new tax cuts and spending are combined.

The bill also delays by two months the automatic spending cuts slated to take effect Wednesday, with a promise to reduce spending in the future to cover for them.

http://www.washingtontimes.com/blog...t-fiscal-cliff-bill-actually-spends-330-bill/

 

It's being amended and will go back to the senate.

No deal!!

 

Start trading.

 

Obama and company laughing at the sheeple dumb enough to support them?

 

Laughing at dumb asses like piss poor who thought his internet write your congressmen campaign would work

 

Well, this year is starting out like last year, conservatism in exile.

 

Well if it didn't work it's just one more indication our government isn't working either.

 

Our government is working fine. It is just not working the way YOU want it to work, so, it is not working.