Little-Acorn
Well-Known Member
SPENDING CUTS:
Govt resumes spending at super-high levels. Spending will increase around 12% per year, EVERY year (which is slightly less than the 13% per year increases they expected). No, spending never decreases.
NATIONAL DEBT REDUCTION:
National Debt (presently $14.5 trillion) will INCREASE by $900 billion immediately, and up to another $1.5 trillion within six months, eventually rising to $21 trillion in ten years. The Natl Debt never decreases.
TAX CUTS:
No tax cuts or increases are in the present deal. But tax increases previously enacted in Obamacare and the Bush tax rate extensions, will take place as scheduled. Together they will be the largest tax increase in the nation's history. There are no tax cuts.
Remind me again how this is a "victory" for conservatives?
Govt resumes spending at super-high levels. Spending will increase around 12% per year, EVERY year (which is slightly less than the 13% per year increases they expected). No, spending never decreases.
NATIONAL DEBT REDUCTION:
National Debt (presently $14.5 trillion) will INCREASE by $900 billion immediately, and up to another $1.5 trillion within six months, eventually rising to $21 trillion in ten years. The Natl Debt never decreases.
TAX CUTS:
No tax cuts or increases are in the present deal. But tax increases previously enacted in Obamacare and the Bush tax rate extensions, will take place as scheduled. Together they will be the largest tax increase in the nation's history. There are no tax cuts.
Remind me again how this is a "victory" for conservatives?
